Artificial intelligence and robotics largely have an undeserved reputation of taking jobs and putting hard-working, honest people out of work. This statement couldn't be further from the truth. Robotics and AI have the potential to streamline many mundane or repetitive tasks and free up employees for more complex, critical or customer-centric tasks. How are the applications of AI and robotics driving productivity in retail?
Shelves for inventory management
Leveraging RFID trackers for inventory management is not a new concept. By equipping products with RFID tags, companies can track inventory from the moment it leaves the manufacturing facility until the consumer picks it up. RFID technology and
Weight sensors can detect when someone takes an item from a shelf. AI can automatically update inventory reports when it matches a sale. It helps increase productivity by reducing the time needed to manually track inventory. This technology benefits both retail storefronts and the warehouses that support them.
Audit Support
Speaking of inventory audits, they are incredibly time-consuming. Many large companies outsource this task by implementing third-party counters to track stock items in their facilities. Robots, especially those supported by AI algorithms, can help.
This application could reduce or eliminate the need for manual inventory counts. The downside is that cluttered or overcrowded shelves can be difficult for a robot auditor to analyze.
Improved customer experience
Customer service is generally thought of as a job that requires human interaction, but in the retail industry
Talking to a chatbot is much better than being on hold or waiting for a human agent to answer your questions. The application allows the human agent to work on more complex tasks without worrying that a simple question won't get an answer.
Increased warehouse efficiency
Retail efficiency and productivity aren't just important in the storefront. They are even more important in the warehouse, as retail employees can't be productive with empty shelves. By combining robotics with powerful AI and machine learning systems, business owners can get the most out of their warehouse equipment and optimize efficiency and productivity.
Warehouses already generate vast amounts of data, from inventory to customer orders to even customer demographics, and it's the job of AI systems to organize that data and turn it into actionable insights.
Improving workplace and consumer safety
The COVID-19 pandemic has changed the way many businesses operate, especially their opening hours. Businesses that were once open 24 hours a day are now shortening their opening hours to allow employees more time to clean and disinfect facilities. Robotics technology has already proven to help reduce the burden on human staff in cleaning and repairs at several airports.
These autonomous robots
The Future of Robots in Retail
Robotics and AI are just beginning to make an appearance in retail, and these technologies have the potential to positively impact retail productivity. For those who have made their careers in retail, working side-by-side with these devices may take some getting used to, but the benefits are worth the slight discomfort.
