Brain Corp and Tennant Launch Inventory Scan for Automated In-Store Analytics
Brain Corp, in partnership with Tennant Company, has announced the launch of Inventory Scan, a new powerful data-collection accessory that can be installed on autonomous cleaning machines to autonomously scan and report key in-store inventory details.
“By adding Inventory Scan to new or existing fleets of robotic floor scrubbers, retailers gain immediate access to critical in-store inventory data in near real time. Information on where a product is, whether it is in stock, whether it is in the right place, and whether its price is accurate allows managers to run stores with a new level of efficiency while delivering an optimal shopping experience for their customers”
Using a first-of-its-kind multi-purpose design, the new powerful scanning accessory mounts on Tennant's line of autonomous floor scrubbers, which run on Brain Corp's BrainOS operating system.
Once installed, the cloud-connected Inventory Scan can collect data as the devices move autonomously through the store. Store managers then receive reports containing numerous insights, including: price accuracy checks, planogram compliance, product stock levels and product localization.
Each function eliminates the need for labor-intensive and potentially inaccurate manual processes, which often lead to missed revenue opportunities, losses caused by overordering and insufficient attention to customers.
“This new product marks the beginning of the next stage in our company's vision. We are actively moving BrainOS-powered robots from machines focused primarily on tasks to data-collection platforms in stores. This provides important insights and improves return on investment for retailers”
Inventory Scan will be showcased at NRF 2022 Retail's Big Show. Inventory Scan will appear at Brain Corp booth #6037 at NRF, January 16-18, 2022, at the Javits Center in New York City.
"Our powerful shelf-scanning application, built to match changing shopper patterns and expectations, autonomously collects key inventory data, including stock availability, price accuracy, product location and planogram compliance. This data fuels new insights that help make more efficient and actionable inventory decisions that directly affect your sales and customer service. Autonomous shelf-scanning robots are quickly becoming a popular solution for modern retailers who need actionable information," said Brain Corp.
Benefits of shelf scanning:
- Ensuring product availability. Researchers estimate that human errors in stocking account for 2-3% of lost sales, and missing inventory costs retailers nearly $450 billion a year in lost sales. Autonomous robotic shelf scanners can provide digital images and show product shortages in individual aisles, across all stores, regions or markets.
- Product mapping in stores. By capturing digital images and creating maps of the retail environment, autonomous shelf scanners confirm that products and promotional displays are where they should be in stores.
- Planogram compliance. Planograms are an integral part of any retailer's profitable operations, yet fewer than 40% of retailers can easily measure and report planogram compliance. Robotic shelf scanning provides the images and data needed for this type of reporting.
- Pricing accuracy. Incorrect or missing prices, as well as discrepancies between shelf prices and register prices, not only affect revenue but can also lead to poor customer service.
Brain Corp is a global leader in robotic artificial intelligence software that powers the largest fleet of autonomous mobile robots (AMRs) operating in commercial public spaces.
Global OEM partners use the company's BrainOS cloud platform to build scalable self-driving robots that end customers use for floor cleaning, moving inventory and collecting environmental data, turning manual operations into automated workflows.
Fortune 500 brands across a range of industries benefit from a growing portfolio of BrainOS-powered robots and industry-leading privacy, security and efficiency tools that simplify the management and scaling of automation. Brain Corp currently serves more than 16,000 AMRs, the largest fleet of robots of its kind in the world.
Tennant Company is a recognized leader in the cleaning industry, dedicated to developing innovative and sustainable solutions that help customers clean more space more efficiently, addressing cleaning challenges indoors and outdoors.
