The challenge for us
To streamline the database and real-time tracking of products, the retail industry invests precious hours and huge manpower. Maxerience approached Fibonalabs to help CPG brands, and retailers sell more products by image recognition technology solution for retail planogram compliance. They needed a digital solution that can ensure product availability on shelves and cooler for better inventory management and also can track customer buying behavior.
Fibonalabs came up with the planogram build on artificial intelligence and the internet of things that can provide real-time data analysis, enhanced distributor performance, and automated ordering.
How to track product movement on shelves
Improving sales and product availability
Improve compliance and merchandising activity monitoring
Many retailers lose their customers due to the out-of-stock issue of a product. The retail industry goes through the tedious manual merchandising practices of visiting physical stores which increases cost. In order to organize this system, Fibonalabs came with Helix.