Category: Use Cases

Using AI/Deep Learning to prevent retail inventory loss

Retail inventory loss (or “shrinkage”) is a serious problem, totaling about $100 billion annually—almost 1.8% of sales—worldwide. The issue is even more acute for those moving high-dollar goods, such as fashion and accessories. As traditional retailers grapple with ongoing market concentration, loss of market share to online sellers, and other pressures, there’s good news: Advanced

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