Latest / Omni Talk Retail / Retail Automation at Scale: What It Takes to Deploy AI, Robotics & Data-Driven Tasks Successfully | 5IM
Transcript
- 0:00Foreigning
- 0:10us
- 0:10now
- 0:10for
- 0:10five
- 0:10insightful
- 0:11minutes
- 0:11is
- 0:11Caitlin
- 0:12Allen.
- 0:12Caitlin
- 0:13is
- 0:13the
- 0:13SVP
- 0:14of
- 0:14market
- 0:14at
- 0:14Simbee.
- 0:15And
- 0:15Caitlin
- 0:16is
- 0:16here
- 0:16to
- 0:16share
- 0:16her
- 0:16thoughts
- 0:17on
- 0:17the
- 0:17puts
- 0:17and
- 0:17takes
- 0:18of
- 0:18deploying
- 0:18AI
- 0:19and
- 0:19robotic
- 0:19automation
- 0:20at
- 0:20scale
- 0:21inside
- 0:21retail
- 0:22organizations.
- 0:23Caitlin,
- 0:23let's
- 0:24start
- 0:24off
- 0:24with
- 0:25this.
- 0:25What,
- 0:25what
- 0:26do
- 0:26you
- 0:26think
- 0:26are
- 0:26retail
- 0:27executive
- 0:27buyers
- 0:28largest
- 0:28misconceptions
- 0:30when
- 0:30evaluating
- 0:31retail
- 0:31automation?
- 0:32It's
- 0:33no
- 0:33longer
- 0:33about
- 0:34if
- 0:34automation
- 0:34is
- 0:35driving
- 0:35value,
- 0:35but
- 0:36how.
- 0:37And
- 0:37so
- 0:37following
- 0:37where
- 0:38industry
- 0:38leaders
- 0:39invest
- 0:39is
- 0:40important.
- 0:40And
- 0:41we
- 0:41see
- 0:41the
- 0:41top
- 0:41CEOs
- 0:42and
- 0:42CFOs
- 0:43prioritizing
- 0:44three
- 0:44things.
- 0:46The
- 0:46first
- 0:46is
- 0:47data
- 0:48quality,
- 0:48then
- 0:49scalability
- 0:49and
- 0:50then
- 0:50store
- 0:50coverage.
- 0:51Yes.
- 0:51Know
- 0:52with
- 0:52the
- 0:53onset
- 0:53of
- 0:53AI,
- 0:54modern
- 0:54data
- 0:55models
- 0:55are
- 0:55needed.
- 0:56And
- 0:56yet
- 0:56poor
- 0:56data
- 0:57is
- 0:57the
- 0:57Achilles
- 0:58heel
- 0:58of
- 0:58most
- 0:59automation
- 0:59solutions.
- 1:00And
- 1:00so
- 1:00we
- 1:00see
- 1:01vendors,
- 1:02we
- 1:02see
- 1:02retailers
- 1:03rather
- 1:03working
- 1:04with
- 1:04vendors
- 1:04that,
- 1:06that
- 1:06really
- 1:07work
- 1:07with
- 1:07high
- 1:07data
- 1:08standards,
- 1:08defining
- 1:09those
- 1:09necessary
- 1:09elements
- 1:10in
- 1:10history
- 1:10and
- 1:11quality
- 1:12related
- 1:12to
- 1:13scalability
- 1:14as
- 1:15they're
- 1:15reinventing
- 1:16retail
- 1:16operations.
- 1:17Retail,
- 1:18retail's
- 1:19best
- 1:19are
- 1:19testing
- 1:20automation
- 1:20in
- 1:21areas
- 1:21like
- 1:21on
- 1:21shelf
- 1:22availability
- 1:22and
- 1:22price
- 1:23integrity
- 1:23to
- 1:23get
- 1:23started.
- 1:24And
- 1:24then
- 1:25they're
- 1:25looking
- 1:25at
- 1:25scaling
- 1:26other
- 1:26use
- 1:26cases
- 1:27be
- 1:27it
- 1:27across
- 1:27allocation
- 1:28planning,
- 1:28forecasting,
- 1:29planogram
- 1:30compliance
- 1:30or
- 1:31what
- 1:31have
- 1:31you.
- 1:32And
- 1:32then
- 1:32the
- 1:32final
- 1:33piece
- 1:33is
- 1:33store
- 1:34coverage.
- 1:35And
- 1:35you
- 1:35know,
- 1:35today
- 1:36retailers
- 1:36are
- 1:36tracking
- 1:37when
- 1:37products
- 1:37arrive
- 1:37and
- 1:38when
- 1:38they
- 1:38leave,
- 1:38but
- 1:39they
- 1:39have,
- 1:40they
- 1:40lack
- 1:40visibility
- 1:41into
- 1:41their
- 1:42store
- 1:42of
- 1:42what
- 1:42happens
- 1:42in
- 1:43between
- 1:43that
- 1:44that
- 1:44point
- 1:44in
- 1:45time.
- 1:45And
- 1:45so
- 1:46top
- 1:46CEOs
- 1:46and
- 1:46CFOs
- 1:47are
- 1:47prioritizing
- 1:48autom
- 1:49that
- 1:50surface
- 1:51the
- 1:51actions
- 1:51that
- 1:51matter
- 1:52most
- 1:52that
- 1:52they
- 1:52can
- 1:52start
- 1:53to
- 1:53understand
- 1:53what
- 1:53true
- 1:54execution
- 1:55looks
- 1:55like
- 1:55in
- 1:55the
- 1:55store.
- 1:56And
- 1:56I
- 1:56would
- 1:56say
- 1:57in
- 1:57closing
- 1:57that
- 1:58all
- 1:58of
- 1:59those
- 1:59three
- 1:59priorities
- 2:00really
- 2:00expose
- 2:01the
- 2:01misconception
- 2:02that
- 2:02leads
- 2:02when
- 2:03evaluating
- 2:03retail
- 2:04automation
- 2:04which
- 2:05is
- 2:05over
- 2:05rotating
- 2:06on
- 2:06one
- 2:06device
- 2:06type.
- 2:07This
- 2:07is
- 2:07really
- 2:08a
- 2:08conversation
- 2:08that
- 2:08needs
- 2:09to
- 2:09be
- 2:09about
- 2:10combining
- 2:10sensors
- 2:11for
- 2:11optimal
- 2:11coverage
- 2:12and
- 2:12data
- 2:12quality.
- 2:13Okay,
- 2:13well
- 2:14Caitlin,
- 2:14we
- 2:14know
- 2:14that
- 2:15Simbi
- 2:15uses
- 2:16computer
- 2:16vision
- 2:17AI.
- 2:17It's
- 2:18still
- 2:18new
- 2:18to
- 2:18some
- 2:19of
- 2:19the
- 2:19retailers
- 2:19listening
- 2:20to
- 2:20our
- 2:21program.
- 2:21So
- 2:22can
- 2:22you
- 2:22help
- 2:22us
- 2:22identify
- 2:23what
- 2:24differentiates
- 2:25good
- 2:25computer
- 2:26vision
- 2:26AI
- 2:26from
- 2:27bad?
- 2:28Sure.
- 2:28So
- 2:29computer
- 2:29vision
- 2:29is
- 2:30what's
- 2:30used
- 2:30by
- 2:31things
- 2:31like
- 2:31fixed
- 2:32cameras
- 2:32on
- 2:32the
- 2:32shelf
- 2:33or
- 2:33autonomous,
- 2:34autonomous
- 2:35mobile
- 2:35robots,
- 2:35et
- 2:36cetera,
- 2:36just
- 2:36to
- 2:36kind
- 2:36of
- 2:36ground
- 2:37that
- 2:37in
- 2:37something
- 2:37that
- 2:37we
- 2:38can
- 2:38all
- 2:38see.
- 2:38And
- 2:39I
- 2:39would
- 2:39say
- 2:39one
- 2:40factor
- 2:40really
- 2:40separates
- 2:41high
- 2:41value
- 2:41computer
- 2:42vision
- 2:42from
- 2:42the
- 2:42rest
- 2:42with
- 2:43two
- 2:43key
- 2:43supporting
- 2:44elements.
- 2:44So
- 2:45the
- 2:45main
- 2:45thing
- 2:45that's
- 2:45important
- 2:46is
- 2:46value.
- 2:46That's
- 2:47been
- 2:47proven
- 2:48at
- 2:48scale
- 2:49across
- 2:49multiple
- 2:50chain
- 2:50wide
- 2:50deployments,
- 2:51in
- 2:51multiple
- 2:51retail
- 2:52subsectors,
- 2:53in
- 2:53geographies
- 2:54and
- 2:54use
- 2:54cases
- 2:55where
- 2:55there's
- 2:55many
- 2:55applications.
- 2:56It's
- 2:56easy
- 2:57to
- 2:57claim
- 2:57that
- 2:57you
- 2:58have
- 2:58a
- 2:58product
- 2:58that
- 2:58does
- 2:59certain
- 2:59things.
- 2:59But
- 2:59then
- 2:59when,
- 3:00when
- 3:00vendors
- 3:01or
- 3:01when
- 3:01retailers
- 3:02dig
- 3:02in
- 3:02to
- 3:03verify
- 3:03vendor
- 3:04claims,
- 3:04they
- 3:04often
- 3:04find
- 3:05out
- 3:05that,
- 3:05you
- 3:05know,
- 3:05claims
- 3:06might
- 3:06be
- 3:06a
- 3:06little
- 3:06hand
- 3:06wavy
- 3:08and
- 3:08really
- 3:08like.
- 3:09The
- 3:09reason
- 3:09I
- 3:09start
- 3:10with
- 3:10that
- 3:10non
- 3:10technical
- 3:11answer
- 3:11is
- 3:11this.
- 3:11This
- 3:11is
- 3:12about
- 3:12the
- 3:12business
- 3:12outcome,
- 3:13right?
- 3:13That's
- 3:14how
- 3:14to,
- 3:14to
- 3:14really
- 3:15take
- 3:16a
- 3:16sense
- 3:17for
- 3:17whether
- 3:18computer
- 3:18vision
- 3:18is
- 3:18good
- 3:19or
- 3:19bad.
- 3:20And
- 3:20then
- 3:20the
- 3:21supporting
- 3:21points
- 3:21for
- 3:21that
- 3:22are
- 3:22really
- 3:22around
- 3:22depth
- 3:23perception
- 3:23and
- 3:23total
- 3:23cost
- 3:24of
- 3:24ownership.
- 3:25So
- 3:25depth
- 3:26perception
- 3:26is
- 3:26basically
- 3:27another
- 3:27way
- 3:27of
- 3:27saying
- 3:28that
- 3:28good
- 3:29computer
- 3:29vision
- 3:29sees
- 3:30in
- 3:303D
- 3:31mobile
- 3:32robots
- 3:32have
- 3:32become
- 3:33known
- 3:33as
- 3:34the
- 3:34most
- 3:35accurate
- 3:35and
- 3:35scalable
- 3:36and
- 3:36cost
- 3:37effective
- 3:37retail
- 3:37solution
- 3:38because
- 3:39they
- 3:39can
- 3:39move
- 3:39around
- 3:40and
- 3:40that
- 3:40eliminates
- 3:41data
- 3:41coverage
- 3:41gaps.
- 3:42And
- 3:42that
- 3:43also
- 3:43relates
- 3:43to
- 3:43the
- 3:44topic
- 3:44of
- 3:44total
- 3:45cost
- 3:45of
- 3:45ownership.
- 3:46When
- 3:47you
- 3:47have
- 3:47just
- 3:48fixed
- 3:49cameras,
- 3:49for
- 3:49instance,
- 3:50you
- 3:50have
- 3:50hundreds
- 3:50of
- 3:50them
- 3:50per
- 3:51store.
- 3:51That
- 3:52really
- 3:52drives
- 3:52up
- 3:52your
- 3:52costs
- 3:53and
- 3:53your
- 3:53maintenance
- 3:54as
- 3:54well
- 3:54as
- 3:55your
- 3:55risk
- 3:55of
- 3:55damage.
- 3:56Whereas
- 3:57a
- 3:57robot
- 3:58really
- 3:58requires
- 3:59minimal
- 3:59infrastructure
- 4:00and
- 4:00it's
- 4:00kind
- 4:01of
- 4:01the
- 4:01difference
- 4:01of
- 4:01managing
- 4:02just
- 4:02one
- 4:02device
- 4:03versus
- 4:03hundreds.
- 4:04So
- 4:04I
- 4:04would
- 4:04say
- 4:05bottom
- 4:05line,
- 4:05computer
- 4:06vision
- 4:06is
- 4:06really
- 4:06about
- 4:07having
- 4:08proven
- 4:09results
- 4:09at
- 4:10scale
- 4:10in
- 4:10prior
- 4:11applications.
- 4:12And
- 4:12that's
- 4:13especially
- 4:13the
- 4:13case
- 4:14when
- 4:14it
- 4:14is
- 4:14backed
- 4:15by
- 4:15a
- 4:16solid
- 4:16business
- 4:16case
- 4:16that
- 4:17spans
- 4:17depth
- 4:17perception
- 4:18and
- 4:18cost
- 4:19efficiency.
- 4:20Caitlin
- 4:20Oftentimes,
- 4:21and
- 4:21we've
- 4:21lived
- 4:22this,
- 4:22we
- 4:22see
- 4:22a
- 4:22disconnect
- 4:23between
- 4:23the
- 4:24stores,
- 4:24organizations
- 4:25and
- 4:25the
- 4:25HQ
- 4:25side
- 4:26of
- 4:26a
- 4:26retail
- 4:26operation.
- 4:27So
- 4:28what
- 4:28do
- 4:28you
- 4:29think
- 4:29are
- 4:29the
- 4:29most
- 4:29significant
- 4:30disconnection
- 4:31points
- 4:32between
- 4:32those
- 4:33two
- 4:33sides
- 4:33of
- 4:33the
- 4:33operation
- 4:34when
- 4:34it
- 4:34comes
- 4:34to
- 4:34retail
- 4:35tech
- 4:35deployments?
- 4:35And,
- 4:36and
- 4:36what,
- 4:36if
- 4:36anything,
- 4:37can
- 4:37both
- 4:38sides
- 4:38do
- 4:38about
- 4:38it?
- 4:39Successful
- 4:39rollouts?
- 4:40Chris
- 4:40they
- 4:40don't
- 4:40just
- 4:41test
- 4:41technology.
- 4:42They're
- 4:42really
- 4:43more
- 4:43dedicated
- 4:43about
- 4:43building
- 4:44momentum
- 4:45across
- 4:45the
- 4:45organization.
- 4:46And
- 4:46so
- 4:46we
- 4:46see
- 4:47the
- 4:47best
- 4:47retailers
- 4:48bridge
- 4:49that
- 4:49gap
- 4:50by
- 4:50doing
- 4:51three
- 4:51things.
- 4:52Picking
- 4:52representative
- 4:53pilot
- 4:53stores
- 4:54that
- 4:54reflect
- 4:55real
- 4:55business
- 4:56realities
- 4:56like
- 4:56store
- 4:57size,
- 4:57sales
- 4:57volume,
- 4:58you
- 4:58know,
- 4:58operational
- 4:59readiness,
- 4:59tech
- 4:59savviness.
- 5:00When
- 5:01they
- 5:01select
- 5:01their
- 5:01pilot
- 5:02stores,
- 5:03the
- 5:03second
- 5:03thing
- 5:04they
- 5:04do
- 5:04is
- 5:04stack
- 5:04rank
- 5:04their
- 5:05KPIs.
- 5:05And
- 5:05that's
- 5:06really
- 5:06about
- 5:06prioritizing
- 5:07the
- 5:07one
- 5:07or
- 5:07two
- 5:07that
- 5:08matter
- 5:08most.
- 5:09And
- 5:09that's
- 5:09usually
- 5:09something
- 5:10like
- 5:10profitability
- 5:11and
- 5:11on
- 5:11shelf
- 5:11availability
- 5:12and
- 5:12sometimes
- 5:13price
- 5:13accuracy.
- 5:14And
- 5:14then
- 5:14the
- 5:14third
- 5:15piece
- 5:15is
- 5:15around
- 5:15engaging
- 5:16store
- 5:16teams
- 5:16early,
- 5:17right?
- 5:17No
- 5:17one
- 5:17wants
- 5:18something
- 5:18to
- 5:18be
- 5:19thrown
- 5:19over
- 5:19the
- 5:19fence
- 5:19at
- 5:19them.
- 5:20So
- 5:20engaging
- 5:21store
- 5:21teams
- 5:22in
- 5:23decision
- 5:23making,
- 5:24thorough
- 5:24training,
- 5:24development,
- 5:25and
- 5:25emphasizing
- 5:26automation's
- 5:26role
- 5:27and
- 5:27being
- 5:27a
- 5:27power
- 5:27tool
- 5:28for
- 5:28them,
- 5:28not
- 5:28as
- 5:29a
- 5:29replacement
- 5:29of
- 5:29labor,
- 5:31really
- 5:31brings
- 5:32things
- 5:32over
- 5:32the
- 5:32line
- 5:33for
- 5:33all
- 5:33parties
- 5:33involved.
- 5:34The
- 5:34best
- 5:34thing
- 5:34about
- 5:35what
- 5:35happens
- 5:36when
- 5:36what
- 5:36you
- 5:36just
- 5:37were
- 5:37talking
- 5:37about
- 5:38takes
- 5:38place
- 5:38in
- 5:38a
- 5:38store
- 5:39is
- 5:39that
- 5:39there's
- 5:39some
- 5:39really
- 5:40big
- 5:40aha
- 5:40moments
- 5:41for
- 5:41those
- 5:42customers
- 5:42who
- 5:42are
- 5:42deploying
- 5:43robotics.
- 5:43Do
- 5:43you
- 5:43have
- 5:44any
- 5:44good
- 5:44examples
- 5:44that
- 5:44you
- 5:45could
- 5:45share
- 5:45with
- 5:45us
- 5:45quickly?
- 5:46Two
- 5:46come
- 5:46to
- 5:47mind.
- 5:47So
- 5:47most
- 5:48of
- 5:48those
- 5:48top
- 5:48performing
- 5:49stores
- 5:49that
- 5:49we're
- 5:49talking
- 5:50about,
- 5:50they
- 5:51find
- 5:51that
- 5:5260%
- 5:52of
- 5:53the
- 5:53items
- 5:53that
- 5:54they
- 5:54believe
- 5:54to
- 5:54be
- 5:54out
- 5:54of
- 5:55stock
- 5:55actually
- 5:55to
- 5:55be
- 5:56in
- 5:56store.
- 5:56So
- 5:56over
- 5:56half
- 5:57of
- 5:57the
- 5:57items
- 5:57they
- 5:57think
- 5:57they
- 5:58can't
- 5:58sell
- 5:58are
- 5:58there
- 5:59to
- 5:59be
- 5:59sold
- 5:59which
- 6:00is
- 6:00an
- 6:00amazing
- 6:00aha.
- 6:01And
- 6:01then
- 6:02I
- 6:02think
- 6:02the
- 6:02second
- 6:02Ann
- 6:03is
- 6:03really
- 6:03around
- 6:05kind
- 6:05of
- 6:05longer
- 6:06term
- 6:06use
- 6:06cases
- 6:06of
- 6:07understanding
- 6:07what
- 6:07real
- 6:08time
- 6:08shelf
- 6:08conditions
- 6:09and
- 6:09precise
- 6:10item
- 6:10location
- 6:11can
- 6:11do
- 6:11to
- 6:12inform
- 6:12things
- 6:12like
- 6:13better
- 6:13e
- 6:13commerce
- 6:13accuracy,
- 6:14automated
- 6:15reordering
- 6:15and
- 6:16demand
- 6:16forecasting
- 6:17and
- 6:17then
- 6:17merchandising
- 6:18at
- 6:18scale
- 6:18to
- 6:19the
- 6:19effect
- 6:19of
- 6:19things
- 6:19like
- 6:20retail
- 6:20media
- 6:21and
- 6:21working
- 6:21with
- 6:22suppliers
- 6:22and
- 6:22vendors.
- 6:23And
- 6:23that's
- 6:24such
- 6:24a
- 6:24privilege
- 6:25to
- 6:25see
- 6:25those
- 6:25kind
- 6:26of
- 6:26ahas
- 6:26go
- 6:26off
- 6:27because
- 6:27it's
- 6:27kind
- 6:27of
- 6:27rare
- 6:28to
- 6:28see
- 6:28your
- 6:28business
- 6:28in
- 6:28a
- 6:29new
- 6:29light.
- 6:29So
- 6:29that's
- 6:30one
- 6:30of
- 6:30the
- 6:30things
- 6:30I
- 6:30love
- 6:30about
- 6:31my
- 6:31job.
- 6:31Great
- 6:31stuff,
- 6:32Caitlin.
- 6:32Thank
- 6:32you.