Google’s new AI tool to help retailers manage in-store inventory

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A view of the BV200 building’s main atrium, during a tour of Google’s new Bay View Campus in Mountain View, California, USA | Photo credit: PETER DASILVA

Google has launched a new AI-powered shelf control solution to help retailers improve in-store product availability and inventory management.

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The new solution can help retailers improve shelf availability, provide better visibility into the appearance of their shelves, and help them understand where to refill, Google said in a statement.

Powered by Google Clouds Vertex AI Vision and based on two machine learning models, a product recognizer and a tag recognizer, the shelf control AI can identify products of all types, based on the images and data of these products supplied by resellers.

Retailers can send a variety of images taken from different angles to the AI ​​that monitors the shelves. This technology is now in preview and is expected to be generally available to resellers globally in the coming months.

The issue of low or no inventory on store shelves is a concern for retailers. Empty shelves cost U.S. retailers $82 billion in lost sales in 2021 alone, according to a NielsenIQ analysis of on-shelf availability.

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