In a bid to help retailers transform their in-store, inventory-checking processes and enhance their e-commerce sites, Google on Friday said that it is enhancing Google Cloud for Retailers with a new shelf-checking, AI-based capability, and updating its Discovery AI and Recommendation AI services.
Shelf-checking technology for inventory at physical retail stories has been a sought-after capability since low — or no — inventory is a troubling issue for retailers. Empty shelves cost US retailers $82 billion in missed sales in 2021 alone, according to an analysis from NielsenIQ.