Standard AI for Retail is an AI-powered retail intelligence platform from Standard AI that provides predictive insights and real-time analytics to optimize merchandising, inventory, offers, loss prevention, and store operations. The solution emphasizes privacy, simplicity, and a unified platform with multiple capabilities to help retailers understand shopper behavior, optimize shelf availability, and enhance sales.
Key Capabilities
- Predictive merchandising insights: visualize the impact of merchandising changes before execution using Vision-powered analytics.
- Shelf availability optimization: reduce stockouts by predicting demand and ensuring products stay available on shelves.
- Real-time offers: trigger timely, relevant promotions based on a customer’s predicted path and behavior.
- Loss prevention: receive curated videos of potential theft events from Vision’s AI-based detection, reviewed as likely theft events only.
- Traffic & impressions: analyze foot traffic patterns and shopper interactions to optimize store layouts and promotional strategies.
- Conversion & sales analytics: track conversion rates, sales performance, and where shopper interactions occur (displays vs home locations).
- Privacy-first approach: AI technology that never uses facial recognition, safeguarding customer privacy.
- Simplified, practical AI: straightforward solutions designed to solve real-world retail problems.
- One platform, multiple solutions: a portfolio of products that can be customized to a retailer’s tech strategy.
- Mature, proven technology: a robust tech stack with demonstrated accuracy and fidelity.
How It Works
- Leverage Vision-powered analytics to simulate the impact of merchandising changes before implementation.
- Monitor shelf availability and predict stockouts to keep products on the shelves.
- Deliver real-time, personalized offers based on customer path predictions.
- Review curated AI-detected events for loss prevention insights.
- Analyze traffic, impressions, and conversion data to optimize layouts and promotions.
- Access a single platform that integrates multiple AI-powered retail capabilities with privacy safeguards.
Use Cases
- Merchandising optimization: test and validate changes before rollout.
- Inventory management: improve shelf availability and reduce lost sales.
- Marketing optimization: deliver timely offers aligned with shopper journeys.
- Loss prevention: focus on probable theft events with minimal privacy impact.
- Store operations analytics: understand shopper behavior and interaction hotspots to drive better layouts.
Core Features
- Predictive merchandising insights with Vision
- Shelf availability optimization
- Real-time offers based on predicted customer path
- AI-powered loss prevention with curated review workflow
- Traffic & impressions analytics
- Conversion and sales analytics
- Privacy-first AI (no facial recognition)
- Simplified platform with multiple solutions
- Mature, proven technology
- Single platform for multiple retail AI use cases