January 13, 2017 by Manufacturing AUTOMATION
Jan. 13, 2017 – Digimarc Corporation and Bossa Nova Robotics are collaborating on next-generation retail solutions for more efficient inventory management.
Digimarc technology is now integrated into Bossa Nova’s retail robots, allowing them to scan products that have been enhanced with Digimarc Barcode. According to the parties, the collaboration enables retailers to reduce out-of-stocks and better manage store inventory levels by using real-time data for task management and planogram planning on the retail floor.
The robots autonomously scan store shelves for out-of-stock products, planogram compliance and correct pricing. By reading a Digimarc Barcode, the robots promise to provide “retailers with time-sensitive data to help them make real-time, fact-based decisions to prevent product shortages and practice Just-in-Time (JIT) inventory management to increase efficiencies.”
Bossa Nova says the robots operate collaboratively alongside store employees and can safely maneuver around customers, allowing inventory management to continue unabated during operating hours.
Digimarc Barcodes contain the same Global Trade Item Number (GTIN) information found in traditional UPC/EAN symbols, but are imperceptible to the human eye, and repeated across the entire packaging surface, significantly increasing the speed and accuracy of inventory scanning. Along with inventory management, Digimarc Barcode boasts benefits along the value chain, including improved supply-chain management and in-store customer engagement.
SOURCE Digimarc Corporation