Leading home improvement retailer
Summary
Centific helped the client achieve a $180 million reduction in shrink at point of sale by integrating a custom computer vision platform.
- 175 stores participated
- 75 labor hours per week saved
- $180M shrink reduction per year
Challenge
Inventory shrinkage at point of sale was a $300M problem. The client needed a way to recognize, define, and reduce how and where that shrink happens.
Solution
Centific deployed one IP camera per lane, NVIDIA Edge computing for real-time communications, and a platform requiring minimal training.
Results
Automated early detection of potential inventory shrinkage during transactions resulted in reduced inventory loss and substantial savings.