Operational Excellence
Retailers, are you tired of operating in the dark? Stuck relying on hunches and guesswork instead of data-driven insights? CVI empowers you to shed the shackles of ignorance and unlock the treasure trove of customer behaviour data in your stores.
Project Overview
Algorithm
CVI utilizes sophisticated algorithms trained on real-time data to analyse store operations. From shelf levels to staff movements, we gain valuable insights that fuel actionable recommendations. These in turn help improve the overall store efficiency and effectiveness. Moreover, helping with store profitability.
Analytics
Our advanced analytics pinpoint areas for cost reduction, schedule optimization, and workforce redeployment, leading to immediate improvements in your store's bottom line. Past and historical data & insights can be leveraged to attain better results in future predictability.
ALL-IN-ONE Solution to Reduce Operational Cost and Improve Operational Excellence in Physical Stores
Data Acquisition
Seamlessly gather data through cameras, sensors, and existing systems. We gather a comprehensive data stream encompassing customer footfall, inventory levels, staff activity, and store layout, painting a holistic picture of your operations. All this is done with complete respect for privacy, adhering to GDPR and CCPA regulations to ensure ethical and responsible data handling.
Intelligent Analysis
Uncover hidden patterns and inefficiencies through AI-powered insights. Our proprietary algorithms delve into the real-time data, unearthing hidden patterns, trends, and anomalies that would otherwise remain buried. You'll gain deep insights through customizable dashboards tailored to your specific needs and goals. Root causes of inefficiencies and bottlenecks are pinpointed, providing a clear roadmap for targeted interventions.
Actionable Recommendations
Receive clear, prioritized actions to optimize every facet of your operations. We prioritize interventions for maximum impact, guiding you toward areas with the highest optimization potential. Insights and recommendations are tailored to individual departments and workflows, ensuring their immediate relevance and effectiveness. All of this is delivered through a user-friendly interface, accessible to any team member regardless of technical expertise.
Automated Workflows
This empowers you to automate time-consuming tasks like inventory checks, schedule generation, compliance monitoring, and reporting, freeing your staff to focus on high-value activities. This automation not only reduces errors and delays but also empowers your team to deliver exceptional customer service and boost overall store performance.
Continuous Improvement
CVI fosters a culture of continuous improvement. Real-time performance data fuels ongoing monitoring and identification of new optimization opportunities. Recommendations adapt as your store evolves, ensuring their lasting effectiveness. By embracing data-driven decision-making, you'll create a cycle of progress, pushing your operational excellence to ever-greater heights.
Operational Intelligence
Your Key to Slashing Operating Costs
Inventory Monitoring
Continuously monitor shelf levels and predict stock needs, minimizing overstocking and lost sales. Ensuring timely shelf restocking.
Planogram Compliance
Ensure product placement follows your planograms, maximizing shelf space and customer satisfaction. Optimizing store layout effectiveness.
Operational Compliance Tracking
Streamline compliance with safety regulations and internal procedures, reducing risk and fines. Ensuring adherence to operational protocols.
Our Project Challenges
CVI tackles the major pain points hindering operational excellence
Manual Processes
Manual Processes Plague Efficiency, CVI automates tasks, from inventory checks to schedule generation, freeing up staff for higher-value work. Imagine your team focusing on personalized customer interactions and creating a captivating in-store experience, all while CVI handles the behind-the-scenes legwork.
Data Blind Spots
Data Blind Spots Hinder Improvement. CVI’s solution sheds light on hidden inefficiencies, empowering data-driven decision-making. It's like having a data-driven superpower, guiding you toward targeted interventions with maximum impact.
Labour Mismanagement
Labour Mismanagement Drains Profits, We analyse staff movements and performance to identify areas for improvement, recommend optimal scheduling strategies, and even pinpoint training needs. No more understaffed rushes or idle periods.
Inventory Waste
We predict what your customers want before they even do. Our intelligent algorithms analyse past sales data, foot traffic patterns, and current trends to forecast accurate stock needs. No more lost sales due to empty shelves or wasted money on overstocking.
Data Driven Approach
Redefined Store Operations for Peak Efficiency
Streamlined Inventory Management
Efficient stock replenishment strategies through real-time data insights ensure shelves are consistently stocked, minimizing stockouts, and optimizing inventory turnover.
Enhanced Store Layouts
Tailored insights drive layout optimization for improved customer experiences. Strategic placement of products enhances visibility and accessibility, boosting sales and customer satisfaction.
Stringent Operational Adherence
Real-time tracking and monitoring ensure consistent adherence to operational protocols, reducing errors and ensuring a seamless customer experience while maintaining compliance standards.
Cost Optimization
Reduction in operational expenses without compromising efficiency. CVI's solution identifies areas of inefficiency, streamlining processes to reduce costs while maintaining operational excellence.
Real-time Insights
Immediate access to actionable insights facilitates prompt decision-making. Timely identification and resolution of issues ensure swift responses to operational challenges.
Improved Profitability
Overall, the integration of Operational Excellence leads to heightened EBITA, driving sustained growth and profitability for retail organizations through enhanced efficiency and optimized operations.
Data Driven Approach
Store automation that delivers store information
CVI collaborated with a large clothing retailer, implementing smart inventory management and automated schedule optimization.
Within 6 months, the retailer saw a 15% reduction in labour costs, 8% reduction in inventory waste, and a 5% increase in sales – showcasing the power of CVI's Operational Excellence solution.
Results Timeline
From Data to Savings in 3-6 Months
1
Initial Data Capture & Processing
4 Weeks
2
Operational Analysis & Recommendations
2-3 Weeks
3
Pilot Implementation & Optimization
4-6 Weeks
4
Full Rollout & Cost Reduction
3-4 Months
Ready to reimagine your retail space?
Send us a message for detailed insights into CVI's solutions
Explore how our innovative solutions can transform your retail landscape. Pioneering computer vision technologies and their profound impact on reshaping retail operations for efficiency and profitability.
Technology Stack
Our Secret
CVI's technology stack is a fortress of innovation, fortified by IP-protected computer vision models and an edge-to-cloud infrastructure. Maximizing silicon capabilities through the streamlined deployment of multiple algorithms within a singular CPU/GPU combination, our system processes data at the edge before transmitting formatted insights to the secure cloud.
1
Protected IPs
2
Edge to Cloud Infrastructure
3
Exponential Growth
4
Security and Compliance
5
Build Model
6
Product Onboarding