AIM3S

Abstract

A common pain point for physical retail stores is live inventory monitoring, i.e. knowing how many items of each product are left on the shelves. About 4% of sales are lost due to an average 5-10% out-of-shelf stockout rate, while additional supplies existed in the warehouse. Traditional techniques rely on manual inspection, per-item tagging using RFIDs, or human-in-the-loop systems such as Amazon Go. These approaches, while effective, either have poor accuracy, long delays between results or are cost prohibitive.