The document discusses emerging technologies that are changing in-store checkout and payment processes. It summarizes presentations from several companies at a conference on checkout-free shopping technologies using computer vision and artificial intelligence. The companies describe solutions like automated checkout systems without cashiers that track customers and identify purchased items in real-time to charge customers. These new approaches aim to improve customer experience by reducing checkout wait times and could lower costs for retailers through reduced labor needs.
1. From checkout-free to self-checkout – What you need to know about the
latest convenience-basedpayment technologies
Monday, January 14 2:45 pm - 3:15 pm
Chris Hardisty
VP, Retail and
Digital
Lacoste
Steve Gu
Co-Founder
and CEO
AiFi
Francois
Chaubard
CEO
Focal
Systems,Inc.
Krishna
Motukuri
Co-Founder
and CEO
Zippin
Pradeep
Pydah
Founder and
CEO
Maxerience
Lindon Gao
Co-Founder
and CEO
Caper
16. “Determine what your customers need, and work
backwards.” - Jeff Bezos
TO SURVIVE THE NEXT DECADE, RETAILERS
MUST:
17. GOAL #1:
Happy Customers
“Determine what your customers need, and work
backwards.” - Jeff Bezos
Right product,
right price
Fully stocked
shelves
Friendly &
dedicated staff
What Makes Customers Happy?
Immediate
Checkout
TO SURVIVE THE NEXT DECADE, RETAILERS
MUST:
18. GOAL #1:
Happy Customers
“Determine what your customers need, and work
backwards.” - Jeff Bezos
Fully stocked
shelves
What Makes Customers Happy?
Immediate
Checkout
TO SURVIVE THE NEXT DECADE, RETAILERS
MUST:
$600k / year / store $800k / year / store
19. Point #2:
Deep Learning Computer Vision is the most
scalable way to achieve those things today
20. 1: Automatic PLU Input at Self Checkout
•Eliminate PLU Lookup
•Increase throughput from 30/hour to 50/hour
•Increase adoption from 30-50%
•Reduce Produce Shrink by 60%
•$150,000 Economic Benefit per year per store
21. 2: Eliminate Scanning
•Eliminate Barcode Scanning Completely
•Increase throughput from 22/hour to 52/hour
•Reduce Produce Shrink and sweethearting
•$500,000 Economic Benefit / year / store
22. 3: Out-of-Stock Detection
•Eliminate Manual Scanning
•Real-time reporting of out of stocks
•Get to 96% On-shelf Availability
•Increase pick velocity by 30%
•$310,000 Economic Benefit per year per store
26. AUTOMATION IS THE MOST IMPORTANT INVESTMENT A RETAILER CAN
MAKE
Invest in online or in in-store automation with Deep Learning?
63% can be
automated
today
30. The Problem
People hate waiting in lines.
Rising labor costs are making
checkout lines even longer.
Self-checkout kiosks are clunky
and increase friction for customers.
31. S T E P 1 : E N T E R
credit card / mobile
Integrated Advanced Tech
Deep learning. Computer Vision. Sensor Fusion.
S T E P 2 : S H O P
multi-camera tracking
32. S T E P 1 : E N T E R
credit card / mobile
Integrated Advanced Tech
Deep learning. Computer Vision. Sensor Fusion.
S T E P 2 : S H O P
multi-camera tracking
S T E P 3 : P I C K
pose estimation
product recognition
34. Pre-fabricated turn-key solution (optional)
No need for wiring
Assemble in any layout.
Carry refrigerated as well as dry
goods.
Ideal for Grab-and-go stores at
airports, malls, buildings.
35. Biggest shift in retail since bar codes
Retailer net profit goes up by ~3x
1. Lower labor costs
2. Higher sales / sq ft
3. Real time inventory tracking and forecasting
4. Advanced analytics
5. Fewer losses due to theft
36. Solution accessible to all retailers
CapEx $25 - $30 / sq ft
OpEx Savings 5 – 10% of sales
Payback in 6-12 months
Cameras, Sensors,
Wiring and Installation
After paying Zippin’s SaaS fees
48. 48
VISIT US FOR LIVE DEMOS
BOOTH – 7102
INNOVATION LAB- 4TH FLOOR
Pradeep V Pydah | CEO
22994, Lavender Valley Ct, Ashburn, Virginia 20148
1-510-8960953
pradeep.v.pydah@maxerience.com
22994, Lavender Valley Ct, Ashburn, Virginia 20148
1-917-4590915
karan@ebest-iot.com
Karan Bakshi | CEO