An Unseen Opportunity
Profits are literally pushed past the checkout and out of Food Retail stores every day.
A true value added loss prevention solution, CaddyCheck®, delivers pro-active shopping trolley monitoring that Boosts Profit, Reduces Shrink and Improves Compliance. CaddyCheck® clients have already recovered over €2 million in sales in multiple store formats.Why CaddyCheck® ?
Simply put, here at CaddyCheck® we are committed to understanding your business and making it more profitable through truly innovative solutions. Using a unique Cognitive Video Analytics engine, all solutions deliver real time alerts, a significant advantage over alternatives that commonly require significant post analysis before actions can be taken.
How can we help your business improve its bottom line?The Retailers Challenge
- Unpaid goods : Up to 10% of shopping carts carry undetected, unseen and unpaid goods pass the checkout
- Traditional tools : Tools like mirrors or lenses are passive, inconsistent and ineffective
- Annual total loss value : The annual value of unpaid merchandise left in or under shopping carts at every checkout can be as high as €6000
CaddyCheck© proactively alerts cashiers to act and enables consistent and efficient compliance management.The Solution: CaddyCheck®
- Checking the shopping trolley - When staff fail to check every shopping trolley at the POS, losses occur
- Not reliable - EAS systems dont detect under carts, larger merchandise isn´t tagged
Technolgy - Cognitive Artificial Intelligence
- Monitoring 24 / 7 - 100% of carts and baskets monitored at POS
- Detects & alerts - Cashiers notified in real time
- Compliance Reporting - All events time and date stamped for comparative analysis
The engine behind CaddyCheck® is based on Cognitive Artificial Intelligence, a deep learning proprietary algorithm that analyses data in real time to identify and report exceptions to the expected behaviour of any object. Exception notifications can be communicated locally or remotely depending on client operational requirements.
This Cognitive Artificial Intelligence engine is state of the art and goes far beyond the capacity of any retail solution currently available for real-time date analysis.