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HomeOpinions & PeopleAI powered Merchandising S/W Prevents "Out of stock" Situations!

AI powered Merchandising S/W Prevents “Out of stock” Situations!

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AI powered Merchandising S/W Prevents “Out of stock” Situations

Retail software provider Detego said it has successfully eliminated over three million stock shortages during various pilots and ongoing retailer projects after using merchandise management software powered by artificial intelligence to help combat perilous out-of-stock situations. The firm noted that projects have shown high article availability and near hundred percent inventory accuracy when using IoT technology and the AI powered Detego suite, compared to an industry average of around seventy percent in most fashion retailers’ businesses. Read more.

Car System Gets Tough On Distracted Drivers

To crack down on distracted driving, Jabil and eyeSight are developing a next-generation in-car sensing technology that assesses the presence of an active and aware driver and improves human-machine interface (HMI). The hardware-software system, which can be integrated into existing cockpit electronics, enables driver identification (facial recognition, gender and age), driver attentiveness (head pose, posture, eyelid tracking and mood), driver distraction (iris tracking, gaze tracking) and gesture control (touch-free control of navigation, infotainment, HVAC, etc.). The partnership combines Jabil’s automotive-grade optics capabilities with eyeSight’s computer vision and deep learning software. Read more.

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IoT Innovation Program Aims To Turn Idea Into Reality

An Open Innovation Program launched by Notebook brand Moleskine and business incubator Digital Magics targets startups and scaleups to submit ideas to Moleskine+, an ecosystem of tools that include digital and physical products that enhance productivity and the generation of ideas. The aim of the international call is to identify and develop projects that fit within Moleskine’s range of interconnected smart objects and services – including smart notebooks and apps. These smart tools work together to simplify the creative process, allowing users to capture inspiration wherever it strikes and effortlessly bounce ideas between page and screen. Read more.


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