MIDS Capstone Project Summer 2022

Perfect Store Execution

Every retailer knows that store execution matters... a lot! 

Customers want to easily find products.  Assortment needs to be displayed in a consistent and intelligible way on the shelves.  And planograms agreed with suppliers must be respected.  However, retail is dynamic, sometimes chaotic, and consistent execution in every store is always a challenge.

Leading retailers in the United States report spending $7 billion a year manually monitoring shelf availability and product-facing compliance. Yet, on average, 8% of products are out of stock resulting in a 4.1% loss of revenue.

Perfect Store Execution wants to help retailers by applying the latest image recognition technology to support them in improving store execution.

Last updated:

August 5, 2022