AI in Retail - AnuBrain

Retail

Artificial Intelligence & Machine Learning are helping the retail industry in various ways. They have smoothened complex processes and accelerated the supply chain with automation, independent of human intervention.

We at Anubrain are dedicated and committed to reinventing the retail landscape by developing integrated, state-of-the-art, AI-powered solutions that solve real problems.

Our AI solutions empower retailers as they can offer better customer experiences, get accurate real-time forecasting, predict revenue growth opportunities, automate inventory management, and more.

Automated Inventory Management

Monitoring and maintaining inventory is a very challenging part of the retail industry. But today it is possible to collect and process information from various sources and automate inventory management. Data from the shelves, checkouts, and storage can be constantly tracked and analyzed by machine learning algorithms to provide spontaneous insights about the inventory and thus, manage it smoothly.

Delivery Route Optimization

As online ordering and product deliveries are on a rise, finding the most efficient delivery route to fulfill multiple deliveries is a big problem. However, Artificial Intelligence and machine learning can help in finding the most efficient and shortest routes. The models can learn from historical data and also combine nearby delivery locations to create a route that delivers to the nearest location first and the farthest location last.

Recommendation System

Online platforms provide recommendations or suggestions to consumers based on their browsing history, orders, demographics, previous behavior, similar users, etc. They use ML algorithms to do content-based filtering (suggest similar items based on a particular item) and collaborative filtering (suggest items by predicting that a user would like an item based on the user’s browsing history and preferences of other similar users).

Shoplifting Prevention

Shoplifting in the retail industry is a big concern as it causes huge losses to the stakeholders. However, using artificial intelligence and machine learning technologies, shoplifters can be identified beforehand and theft in retail shops can be prevented.

The machine learning models are trained using video footage from surveillance cameras to identify the anomalies in human conduct. Based on the artificial intelligence capabilities of the model, it can compare and classify a person’s unusual behaviour as shoplifting, robbery, stealing, etc. Then, it can automatically alarm and alert the concerned people about the risk.

We Think Critically & Develop Creatively

Demand
Forecasting

Predictive analytics and artificial intelligence are improving demand forecasting in retail. Based on the historic data, the machine learning models understand customer behaviours and buying patterns, helping retailers to order the right amount of stock.

Cashierless
Checkout System

The next big thing in the retail industry is cashier-less checkouts, which use AI and computer vision to track customers, detect their interactions with products, and automatically add the information for the ones they put in their basket to the store bill.

AI-enabled
Smart Mirrors

When consumers go to buy beauty or fashion items, they want to try them. However, with online shopping and e-commerce, this was a challenging task. But, with the ML algorithms, it has become possible for people to try beauty or fashion products virtually before buying.

Fraud
Detection System

Deep learning algorithms can be put to work to discover and adapt to everyday transactions and signals if any anomaly is detected. In this way, the retail industry can address money laundering, procurement fraud, cashier fraud, etc in a better way.

Our Services

We Strive To Make Al Work For You

AnuBrain specializes in delivering end-to-end data-driven application development with cutting- edge technologies such as machine learning, deep learning, computer vision, natural language processing, IoT, and blockchain. Our team can assist you with various business needs and give you peace of mind even when you entrust us with your most critical ones.