Diebold Nixdorf's Vynamic Smart Vision Shrink Reduction is a new AI-assisted solution for the self-service checkouts that knows if shoppers are intentionally—or unintentionally—miss-scanning, if a product doesn’t match its label or if a customer accidentally left an item in their cart without paying.
This tech innovation debuted at the NRF Big Show and it's touted as "one of the most holistic anti-shrink solutions on the market," powered by SeeChange's AI and machine learning cloud platform.
This AI-powered innovation from Diebold Nixdorf builds upon its already-live AI-based solutions for reducing friction during fresh produce scanning and age verification for restricted sales. Most of all, this AI-assisted solution operates without the need to replace current infrastructure, making it cost-effective for retailers committed to innovation, enhanced customer experiences and reduced theft and loss.
Key Themes Behind This Trend
- AI-assisted Shrink Reduction
- Diebold Nixdorf's Vynamic Smart Vision Shrink Reduction uses AI to identify intentional and unintentional miss-scanning, label mismatches, and unpaid items in self-service checkouts.
- Holistic Anti-shrink Solutions
- Vynamic Smart Vision Shrink Reduction is considered one of the most comprehensive shrink reduction solutions on the market.
- AI-enhanced Retail Infrastructure
- This AI-assisted solution can be integrated into existing infrastructure, making it cost-effective for retailers and improving customer experiences while reducing theft and loss.
Where This Applies
- Retail Technology
- Diebold Nixdorf's Vynamic Smart Vision Shrink Reduction is an innovative retail technology that improves checkout processes and reduces shrinkage.
- Artificial Intelligence
- Vynamic Smart Vision Shrink Reduction utilizes AI and machine learning to analyze and detect checkout irregularities.
- Loss Prevention
- This AI-assisted solution addresses the need for effective loss prevention in the retail industry by identifying potential sources of shrinkage and theft.
