Ai Camera Retail Integration

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Security Challenges (1/2)

Employee Theft: According to the National Retail Federation (NRF), employee theft accounts for a significant portion of retail inventory shrinkage. The exact percentage varies, but it’s estimated to range from 30% to 50% of total losses.
Shoplifting: Shoplifting by customers is another major contributor to retail losses. The Global Retail Theft Barometer, a study conducted by the Centre for Retail Research, estimated that global retail shrinkage amounted to approximately 1.56% of retail sales, with shoplifting being the most significant cause.

Security Challenges (2/2)

Fraudulent Returns: Retailers also face losses due to fraudulent returns, where customers return stolen or counterfeit merchandise for refunds or store credit. The exact percentage of losses due to fraudulent returns is difficult to quantify but can be significant for some retailers.
Operational Inefficiencies: Operational inefficiencies such as errors in inventory management, pricing mistakes, and inefficient workflows can also contribute to losses in retail businesses. The impact of operational inefficiencies varies depending on the specific challenges faced by each retailer.

Overcoming challenges

A comprehensive security system is needed to address these security challenges

What is missing from Cashier Camera System?

Integration with Point of Sale (POS) System

>What is being processed from the cashier

Cash Transaction Monitoring

>Events happening around the sale time

Synchronization with Data Analysis

>Enhance video surveillance with information system events or alerting

Benefits

Increased Security:

Prevent theft, fraud, and other security breaches with comprehensive surveillance.

Operational Efficiency:

Reorganize cashier operations and identify areas for improvement in customer service.

Cost Savings:

Reduce losses due to theft and operational errors, ultimately leading to improved profitability.

Case 1: The Project of Germany Vectron

Project Site & Time:

Germany, April, 2022

Background:

Vectron is the market leader of POS systems in Germany. In this project, SI expects to install about 1000 units per year. XML is docked in for the first time.

Solution:

Security & Loss Prevention: POS integration （ Docking method : XML ）

Demo page

Configuration page

Display page

Implementation and Support

Camera system hardware installation in retail store	Integration software	Annually Services Per POS
1 camera per POS Independ camera models OR NVR Installation configuration Estimated from 70€ to 300€	Configuration Software Service per POS Smart POS communicating with NVR Fixed cost 150€ – up to 1 POS -10% minimum 70€	Technical Support Maintenance Services Updates 300€
Hardware additional fees		Documentation Training FREE

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Terminology

Networked Devices

Cameras:

are mainly used to collect videos and can provide videos.

NVR:

Used to access and manage cameras and POS machines, and to store video files.

Network Switch:

used to interconnect all networking devices via networking protocols or the internet

POS:

Point of Sale used to record sales’ transactions.

Platform:

Used for unified management of NVR and camera. It supports real-time video viewing and POS document related video playback.

Technical Representation

Information Flow