Vynamic Smart Vision Shrink Reduction Addresses Self-Checkout Issues
Laura McQuarrie — January 26, 2024 — Tech
References: dieboldnixdorf & esmmagazine
Diebold Nixdorf's Vynamic Smart Vision Shrink Reduction is a new AI-assisted solution for the self-service checkouts that knows if shoppers are intentionally—or unintentionally—miss-scanning, if a product doesn’t match its label or if a customer accidentally left an item in their cart without paying.
This tech innovation debuted at the NRF Big Show and it's touted as "one of the most holistic anti-shrink solutions on the market," powered by SeeChange's AI and machine learning cloud platform.
This AI-powered innovation from Diebold Nixdorf builds upon its already-live AI-based solutions for reducing friction during fresh produce scanning and age verification for restricted sales. Most of all, this AI-assisted solution operates without the need to replace current infrastructure, making it cost-effective for retailers committed to innovation, enhanced customer experiences and reduced theft and loss.
This tech innovation debuted at the NRF Big Show and it's touted as "one of the most holistic anti-shrink solutions on the market," powered by SeeChange's AI and machine learning cloud platform.
This AI-powered innovation from Diebold Nixdorf builds upon its already-live AI-based solutions for reducing friction during fresh produce scanning and age verification for restricted sales. Most of all, this AI-assisted solution operates without the need to replace current infrastructure, making it cost-effective for retailers committed to innovation, enhanced customer experiences and reduced theft and loss.
Trend Themes
1. AI-assisted Shrink Reduction - Diebold Nixdorf's Vynamic Smart Vision Shrink Reduction uses AI to identify intentional and unintentional miss-scanning, label mismatches, and unpaid items in self-service checkouts.
2. Holistic Anti-shrink Solutions - Vynamic Smart Vision Shrink Reduction is considered one of the most comprehensive shrink reduction solutions on the market.
3. AI-enhanced Retail Infrastructure - This AI-assisted solution can be integrated into existing infrastructure, making it cost-effective for retailers and improving customer experiences while reducing theft and loss.
Industry Implications
1. Retail Technology - Diebold Nixdorf's Vynamic Smart Vision Shrink Reduction is an innovative retail technology that improves checkout processes and reduces shrinkage.
2. Artificial Intelligence - Vynamic Smart Vision Shrink Reduction utilizes AI and machine learning to analyze and detect checkout irregularities.
3. Loss Prevention - This AI-assisted solution addresses the need for effective loss prevention in the retail industry by identifying potential sources of shrinkage and theft.
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