AI-powered Shelf Management Software

Revolutionize inventory management and shelf monitoring to boost sales and create a spark customer delight

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Shape
Optimized inventory management
Data-driven insights and decision making
Enhanced customer experience
Improved operational efficiency

How big are the losses from human error in retail shelf management ?

People make mistakes. Expired goods on the shelves, incorrect price tags and the absence of products that consumers want to buy lead to lower sales and customer complaints, fines and poor brand image.


11.7%
of revenue loss in retail is due to out-of-stocks, overstocks, and preventable returns (Total Retail).
10%
of total annual sales for two-thirds of retailers is due to inability to display relevant products (One Door).
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How does traceCORE help?

AI-powered Shelf Management Software digital tools and techniques to manage and optimize the presentation and promotion of products in retail.

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Enhances shopping experience  

Increases sales
 

Ensures that products are displayed correctly

Helps control expiry dates
 

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How does traceCORE work?

  • The supplier applies a unique marking code to each unit of goods and enters information about it into a database
  • The retailer enters information about the goods into the system
  • Machine vision in real time tracks every single item and price tag and transfers information to the system

Real-time management of each store, each shelf and each unit

Real-time management of each store

Key features

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Product placement and display

Uses digital tools to create and implement planograms, which are detailed schematics showing the placement of products on shelves to maximize visibility and sales.



Analytics

Data analysis and insights

Analyzes sales data to understand product performance, customer preferences, and market trends to facilitate data-driven decisions about product placements and promotions.



Group

Price and promotion management

Develops and implements promotional strategies, including discounts, special offers, and marketing campaigns, to boost product sales and customer engagement.



Notifications

Inventory management

Monitors inventory levels in real-time to prevent stockouts and overstock situations, ensuring that popular products are always available.



Tasks

Automated Reordering

OECRs are available as a cloud-based service


Security

Expiry dates monitoring

Analyzes expiry dates and suggests price adjustments to maximize revenue and reduce revenue loss.

Streamline the shopping journey

Capture real-time data on product location, stock levels, and potential issues.

Retailer benefits

Digital Marketing
  • Enhanced Customer Experience: Provides customers with a seamless and engaging shopping experience, both online and in physical stores.
  • Increased Sales: Optimizes product placement and pricing strategies to boost sales and revenue.
  • Data-Driven Decisions: Leverages data analytics to make informed decisions about product management and marketing.
  • Operational Efficiency: Automates routine tasks, reducing manual effort and allowing staff to focus on more strategic activities.

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