Scandit Expands ShelfView with On-Shelf Availability and Hybrid Data Capture Capabilities

Zurich, Switzerland, January 8, 2025 – Scandit, the global leader in smart data capture, today announced new ShelfView capabilities, delivering a complete AI-powered shelf intelligence solution to optimize retail shelf management.

ShelfView now leverages smart devices, fixed cameras, and autonomous robotics to capture data and analyze real shelf conditions, providing retailers with actionable insights to unlock untapped revenue and increase operational efficiency. Ensuring optimal on-shelf availability (OSA) remains a critical challenge for grocery retailers with out-of-stocks costing up to $82 billion in lost sales annually for US retailers alone. Now a core capability of ShelfView, retailers can gain visibility into their stores to prevent low or out-of-stock scenarios, improve re-ordering and forecasting, and enhance inventory accuracy to maximize sales.

ShelfView capabilities now include:

• Optimized on-shelf availability: With ShelfView, leveraging product recognition and machine learning, store associates receive automated, prioritized alerts to speed up shelf replenishment, minimize shelf gaps, and improve inventory accuracy. As well as consistently achieving on-shelf availability of over 95%, ShelfView customers have also seen sales increases of up to 2.5%.
• Accurate price and promotion execution: Ensuring precise pricing prevents revenue loss due to stores needing to honor incorrect pricing at checkout, increases sales lifts from properly executed promotions, and fosters customer loyalty.
• Planogram compliance: Retailers can drive sales, optimize shelf space, and protect category management investments by easily identifying misplaced products, accurate facing counts, product locations, and ensuring correct display execution.

Scandit offers a customizable data capture approach that can adapt to any store format, size, and data frequency needed to deliver cost-efficient shelf management. Retailers can combine existing smart devices, such as smartphones or handheld computers, with fixed cameras and autonomous robots to benefit from a scalable, flexible solution with minimal upfront investment yet rapid results. For larger store formats, automation and efficiency can be increased by adding fixed cameras or autonomous robots to maximize the return on investment. Labor-intensive tasks, and associated costs, of manual shelf scans for store associates are reduced, allowing them to focus on more value-added activities such as customer engagement.

Retailers currently suffer from unreliable data, low accuracy levels, and excessive false alerts leading to inefficiencies, customer frustration, and poor decision-making. ShelfView delivers AI-powered insights with 99.7% accuracy across all SKUs which empower retailers and their associates to make optimized decisions with confidence to enhance their operations across multiple areas including stockouts, order processing, food waste, demand forecasting, and more.

“Retailers often lack the visibility to know the real-time state of their stores, with products often being unavailable or misplaced leading to frustrated customers and lost sales,” said Christian Floerkemeier, CTO and co-founder at Scandit. “With our new ShelfView capabilities and the flexibility of data capture approaches, store associates can resolve critical shelf issues quickly, boost stock availability, and drive profitability regardless of store format and size.”

Trusted by some of the world’s largest retailers since 2009, Scandit has proven experience in supporting large digital transformation initiatives with the ability to scale. Working with eight out of the top ten US grocers and six out of the top ten global retailers, customers include the likes of Levi’s Strauss & Co., Sephora, Carrefour, VF Corporation, Staples, Instacart, and Shipt.

Resources:

• Scandit Acquires MarketLab To Boost Shelf Intelligence Capabilities
• ShelfView: Keep Track of Your Shelves
• ShelfView: Shelf Intelligence You Can Trust (Video)

About Scandit

Scandit is the leader in smart data capture giving superpowers to workers, customers and businesses by providing actionable insights and automating end-to-end processes. Our Smart Data Capture platform enables smart devices, such as smartphones, handheld computers, drones, digital eyewear, robots and fixed cameras to interact with physical items by capturing data from barcodes, text, IDs and objects with unmatched speed, accuracy, and intelligence.

Speed up scanning workflows by 5x on any smart device. Scan accurately in any challenging lighting, at angles, damaged labels or across multiple codes. We enable innovation that delivers significant cost savings, increases employee retention and customer loyalty. Scandit partners with customers at every step with trials, solution design, integration, and customer success support included.

Visit scandit.com to learn why market leaders across retail, transport and logistics, healthcare and manufacturing like Instacart, Levi Strauss & Co., Sephora, Lufthansa and FedEx trust us