AI Retailer Systems

47 MEUR yearly spent on security to protect 2,400 stores and still more than 80 MEUR on yearly losses. That's for one retailer only in the UK. The problem is real and it continues to increase. There are ten of thousands of cameras that cannot be monitored in real time. Mitie why are you not using automated theft detection in retail stores. https://lnkd.in/ekj-tzMU Umar Haq thanks for sharing!

A minute to discover a possible theft case !? That's not real-time! Most thieves will be gone by then. It sounds like there is a human-in-the-loop. The major problem of behavioral analysis for theft prevention, is the huge amount of false positives. Many retailers are testing this type of solutions but not deploying it because of the additional work load that it creates. There are much more reliable ways to detect and prevent theft cases. Just drop us a line...

A minute to discover a possible theft case !? That's not real-time! Most thieves will be gone by then. It sounds like there is a human-in-the-loop. The major problem of behavioral analysis for theft prevention, is the huge amount of false positives. Many retailers are testing this type of solutions but not deploying it because of the additional work load that it creates. There are much more reliable ways to detect and prevent theft cases. Just drop us a line...

Our solution empowers retailer's employees to improve their ability to catch costly shopper 'mistakes' with automated computer vision.

Are you solely relying on your employees to remember about B.O.B., S.A.M., and L.I.S.A.? Each year, millions are lost due to missing scanned products or items conveniently "forgotten" at the bottom of trolleys during checkout. Our solutions empowers retail employees by automatically identifying both intentional and unintentional theft cases at self-checkouts and cashiers using cutting-edge computer vision technology. Reach out to us today at Contact@AiRetailerSystems.com to learn how you can reduce your loss rate and enhance security with our innovative solution. #RetailLossPrevention #CheckoutSecurity #EmployeeEmpowerment #TheftDetection #ComputerVisionTech #ReduceLosses #RetailTech #AIInRetail #LossPreventionSolutions #EnhancedSecurity

Protect your most valuable items with computer vision. AI Retailer Systems' solution provides real time alerts to security or store managers to help them prevent theft. Find out more about the solution here: https://bit.ly/3weUJ0O

Ai Retailer Systems had the privilege to join an insightful event centered around AI in retail! where #Landi and #Zühlke presented how AI is being used today to solve operational processes. It was an enriching experience exchanging ideas and insights with industry-leading retailers pioneering innovation and technology. Looking forward to more collaborative ventures ahead! #AI #RetailInnovation #TechLeadership #computervision #ML And always great to meet other retail professionals Beat Steiner Andy Baldauf Martin Hotz Denis Kolmanic Anouk Breitenstein Alexandra ("Alexis") Tsingeni Peter Bucher https://lnkd.in/eHsXZbS3 😊

The retail industry is facing a massive inventory shrinkage crisis, with losses exceeding $100 billion annually in the U.S. alone due to theft, including shoplifting, organized retail crime, and employee theft. Traditional loss prevention methods have proven inadequate, but emerging technologies like automated computer vision offer promising solutions. Computer vision technology leveraged by AI helps to provide retailers with a more effective means of identifying and preventing theft. It can help reduce inventory shrinkage, enhance operational efficiency, and improve shoppers' experience. However, the implementation of this technology raises important ethical considerations regarding data privacy and potential biases in the algorithms. That's why it's important to evaluate carefully how suppliers deal with data to avoid reputation damages due to data mishandling. As the retail industry navigates this complex issue, it is essential to strike a balance between adopting innovative solutions and upholding ethical standards. Effective collaboration between retailers, technology providers, and regulatory bodies will be crucial in developing comprehensive and responsible strategies to combat inventory shrinkage and theft. #RetailIndustry #InventoryShrinkage #TheftPrevention #ComputerVision #AIinRetail #LossPrevention #DataPrivacy #EthicalAI #TechnologyandEthics

#LossPrevention #Retailers #RetailInsights Recently, ECR Retail Loss hosted a benchmarking session with leaders from ten top UK retailers, totaling a £192B combined turnover. The session shed light on the evolving risk landscape, with shop theft emerging as a major concern. Key Takeaways: On average, losses have surged by one-third since 2018, with some experiencing over a 50% increase! External theft emerged as a significant factor driving the rise. Top 10 Drivers of Increased Supermarket Theft Identified by Prof. Beck, Academic Advisor to ECR Retail Loss: + Criminal gangs targeting retail stores for high rewards. + Economic challenges leading to theft of everyday items. + Legal framework downplaying penalties for retail theft. + Resource shortage in law enforcement and case backlogs. + Inadequate self-checkout monitoring. + Policies protecting store staff hinder engagement with thieves. + Lack of clarity in security guard training and support. + Social media fueling retail crime copycats. + Open-plan store designs enabling theft. + Expanded online platforms for selling stolen goods. Let's collaborate to tackle these challenges and enhance retail security! 💪🛡️ #RetailSecurity #LossPreventionStrategies #RiskManagement #AIRS #AiRetailerSystems

𝗘𝗺𝗽𝗼𝘄𝗲𝗿𝗶𝗻𝗴 𝗥𝗲𝘁𝗮𝗶𝗹𝗲𝗿𝘀 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝗦𝗵𝗼𝗽𝗹𝗶𝗳𝘁𝗶𝗻𝗴 𝗖𝗿𝗶𝘀𝗶𝘀 𝗶𝗻 𝗦𝘄𝗶𝘁𝘇𝗲𝗿𝗹𝗮𝗻𝗱! 🛒 In 2022, Switzerland saw a staggering 20% surge in reported thefts - the highest rate in over a decade! 📈 It's a wake-up call for all of us, as shoplifting affects not just distant places, but our local retailers as well. Witnessing the hard work of store owners and employees being undermined by these acts is disheartening. These incidents erode the trust placed in customers, jeopardizing the sense of community we all cherish. Migros alone reported losses of 300 MCHF due to this alarming trend. The ripple effect leads to increased prices, impacting us all. At AIRS, we took a stand last year by increasing our focus towards aiding retailers in combating this modern-day pandemic. Our cutting-edge real-time theft prevention, powered by computer vision, offers a sophisticated solution to safeguard retail businesses. Reach to us to discover how we're leading the charge against shoplifting. https://lnkd.in/ePmb-fxy #RetailSecurity #TheftPrevention #SwitzerlandRetail #EmpoweringRetailers #AIRS #computervision