Trax Launches Retail Watch in China to Enable Grocery Retailers to Raise Product Availability and Store Execution Standards
Summary
What’s more, Retail Watch is a boon for workforce productivity, saving store associates from manual, repetitive tasks and automatically alerting them to availability gaps, pricing errors and planogram non-compliance. “Retailers have been trying to solve the perennial out-of-stock problem with humans for ages, but manually collected data is simply not accurate nor frequent enough,” said James Tang, general manager and president, Greater China at Trax. Our proprietary computer vision, machine learning and Internet of Things-powered platform turns everyday shelf images into real-time, actionable insights that our customers leverage to optimize their in-store execution strategy and product availability. Many of the world’s top CPG companies and retailers use our dynamic merchandising, in-store execution, market measurement, analytics and shelf monitoring solutions at scale to drive positive shopper experiences and unlock revenue opportunities at all points of sale. We began as pioneers in the retail computer vision space and we continue to lead the industry with innovation and excellence through our development of new advanced technologies and autonomous data collection methods.
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