Claim OwnershipKeeping Count
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Welcome to Keeping Count by Datascan. Welcome to Keeping Count by Datascan. Datascan is the global leader in providing self-scan physical inventory counting solutions to world class retailers in over 42 countries. Our clients use our solutions software to enable their trusted employees to accomplish accurate, on-demand physical inventory counts in the most cost-effective and efficient way possible.
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This demonstration showcases a real-time location solution developed in partnership with Keonn, featuring an overhead reader that provides retailers with near real-time inventory snapshots throughout the day. The technology captures both inventory and location data within stores, with accuracy to within a couple of meters. Each overhead device covers approximately 350 square feet and automates traditional handheld processes like replenishment, inventory cycle counting, and product search. The solution is positioned as an exciting automation opportunity for retailers looking to advance their RFID implementation journey.
A demonstration of a self checkout system featuring a scanning station and isolation box. The presenter shows how the system works like an Android phone interface, allowing customers to scan multiple items at once by placing them in a basket. The demo covers the complete checkout process from scanning items to payment with cash and receipt options, highlighting the system's ease of use and efficiency for retail transactions.
This video explains the evolution of retail inventory tracking systems, starting with basic barcode scanning and progressing to more sophisticated solutions. It describes how stores can advance from simple item counting to implementing RFID antennas for tracking items entering and leaving the store. The discussion then moves to the integration of artificial intelligence with camera systems, which provides enhanced security and visual data capture capabilities. The key insight is that combining RFID technology with AI-powered cameras creates a comprehensive tracking system that gives retailers greater visibility and control over their inventory and store operations.
In this episode of the Inventory Edge podcast, Neil Redfern, the managing director and founder of Redfearn Retail Risk, shares his extensive experience in inventory management and retail security. With a background working with Australia's leading retail brands, Neil focuses on protecting businesses from financial loss and criminal activities. His expertise includes total retail loss, risk management, and crime prevention. Recognized as a mentor and honored as an ASIAL fellow, Neil is dedicated to advancing the retail security profession.
In this episode of the Inventory Edge podcast, listeners are introduced to Sandeep Gupta, a seasoned executive with over thirty years of experience in inventory management across various sectors including consumer, retail, and manufacturing. He has a proven track record of managing large-scale supply chain operations and has achieved significant savings through his business excellence initiatives. Beyond his professional achievements, Sandeep is dedicated to mentoring women in the UAE and supporting startups on a pro bono basis, while also contributing to management journals.
The video discusses the evolving landscape of inventory management in retail, featuring insights from industry leaders on various technologies and strategies. It highlights the challenges retailers face in integrating multiple platforms and technology solutions. The focus is on creating a unified management experience that simplifies operations. The discussion emphasizes the importance of leveraging technology to streamline processes and enhance efficiency.
The podcast delves into the evolving landscape of retail crime, particularly in the aftermath of COVID-19. It highlights a troubling rise in organized retail crime and increasing aggression from both customers and offenders. Industry leaders share insights on how technology, including AI and analytics, is shaping loss prevention strategies. The discussion emphasizes the need for retailers to adapt to these challenges in inventory management.
The video explores the changing dynamics of inventory management, emphasizing the importance of leveraging augmented intelligence rather than traditional artificial intelligence. Industry leaders share insights on innovative technologies and strategies that can enhance supply chain resilience. A futurist thinker critiques the term 'artificial intelligence,' advocating for a more accurate description of AI as an ability to process data at an accelerated pace. Retailers are urged to adopt these advancements to stay competitive in the market.
In the latest episode of the Inventory Edge podcast, the discussion revolves around the often-overlooked hidden costs associated with inventory management. The speaker emphasizes the importance of acknowledging these costs, which include tighter capital, obsolescence, and operational expenses. They highlight that without clear ownership of the inventory problem, finding effective solutions becomes nearly impossible. The episode stresses that both ownership of the issue and the responsibility for the solution must align to drive successful outcomes.
In a podcast focused on inventory management, industry leaders discuss the importance of reversing the typical sequence of operations. They emphasize that transformation projects, particularly for opening stores, should prioritize actions over job titles. A step-by-step approach is recommended for site selection and feasibility, with a strong emphasis on reaching agreement on necessary actions. Clarity on which function is responsible for each step is deemed essential for success.
In the podcast 'See Risk From Above,' the focus is on the evolving landscape of inventory management, featuring insights from industry leaders. The discussion emphasizes the importance of a well-informed strategy to tackle risks effectively. By adopting a helicopter view, organizations can better identify potential risks. Notably, Professor Adrian Beck's total retail loss framework is highlighted as a valuable tool for pinpointing risk areas and losses within a business. This framework has proven effective in risk identification for many years.
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