How Smart Video Analytics Minimize Warehouse Losses
In the competitive world of retail, minimizing losses in logistics is a critical task. With 36.5% of all losses occurring in warehouse and logistics operations, retailers face significant financial impacts. Modern solutions like smart video analytics are proving invaluable in addressing these challenges.
Challenges in Warehouse Operations
Retailers often encounter complex and time-consuming processes when investigating warehouse incidents. Errors, whether due to human mistakes or intentional fraud, require thorough investigation. Traditional methods involve manually sifting through surveillance footage, a process that can take anywhere fr om 3 to 12 hours, leaving many incidents unresolved.
TRASSIR's Innovative Solution
The TRASSIR ActiveStock system offers a powerful solution by linking each pallet, box, or package with video footage from warehouse cameras. This integration with Warehouse Management Systems allows for seamless tracking of goods, making it easy to pinpoint when and wh ere an issue occurred.
Benefits of Smart Video Analytics
• Faster Incident Resolution: Automating the association of product operations with video archives allows for quick investigations;
• Reduced Unidentified Losses: Efficient tracking and resolution of incidents minimize financial impacts;
• Optimized Warehouse Processes: Enhanced operational efficiency leads to increased profitability.
А great example of using TRASSIR solutions in a warehouse for optimization of losses and faster incidents resolution is ARABESQUE, Romania’s leading construction solutions supplier, implemented TRASSIR's solutions across its 21 warehouses. The project focused on automating access control and perimeter security, resulting in a 30% reduction in security costs and improved monitoring of operations.
By leveraging smart video analytics, retailers like ARABESQUE can cut costs and improve operational efficiency, ultimately boosting their bottom line. TRASSIR's solutions provide a robust framework for minimizing losses and enhancing warehouse management.
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