So humbled to be chosen as the Digital Transformation Project of the Year by Retail Technology Innovation Hub!! Congrats to all of the other well deserving finalists! And a huge shoutout to Morrisons for having the vision to lead the industry forward through our partnership!
Focal Systems
Retail
Burlingame, California 12,369 followers
The Operating System of Retail
About us
Focal Systems’ platform helps retailers cut shelf scanning cost in half by switching from manual to automated shelf scans. The solution is based on low cost, discrete shelf cameras, a sophisticated computer vision model and a cloud-based machine learning platform that is tuned for complex retail environments. By providing automated, real-time insight into on-shelf product availability, retailers can repurpose store personnel to focus on customer experience and other higher value tasks. In addition, the real time data captured by the shelf cameras feeds into Focal Systems’ AI engine which can help automate and optimize product availability and merchandising decisions. These optimizations have proven to save up to 50% on manual shelf scanning cost and significantly improve in-store customer experience via higher product availability which generates a 3-5% increase in sales compared to baseline stores. Focal Systems’ platform is deployable at scale and will provide impactful results from day one. It also integrates with existing retail systems and applications to enable additional cost savings and insights from its real-time product availability and analysis. Focal Systems’ shelf cams are deployed at scale with proven results at several major global retailers and every day process more than 10M shelf scan images.
- Website
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http://focal.systems
External link for Focal Systems
- Industry
- Retail
- Company size
- 51-200 employees
- Headquarters
- Burlingame, California
- Type
- Privately Held
- Founded
- 2015
- Specialties
- computer vision, retail, retail operations, and retail automation
Locations
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Primary
1300 Old Bayshore Hwy
255
Burlingame, California 94010, US
Employees at Focal Systems
Updates
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Honoured to be shortlisted by the RTIH Innovation Awards for the AI Innovation category! Thanks to Morrisons for the tremendous partnership that made this possible. Congrats and good luck to the other well deserving finalists!
We’re pleased to announce the shortlist for the 2024 RTIH Innovation Awards AI Innovation (UK) category. We received a record number of submissions this year across 20+ categories and many fantastic examples of the continued resilience and dynamism of the retail space during hugely challenging times. It’s now over to our judging panel who will decide the winners to be announced at the 2024 RTIH Innovation Awards ceremony, which will take place at RIBA’s 66 Portland Place HQ in Central London. Book your place at this event here 👉 https://lnkd.in/gUB9iGk9 The event will be held on Thursday, 21st November and consist of a drinks reception, three course meal, and awards ceremony presided over by comedian Lucy Porter. Congratulations to our 2024 AI Innovation (UK) finalists: Attensi Siobhan Lipnicki Eagle Eye Sarah Jarvis Focal Systems and Morrisons Simon Shankster Peak and Heidelberg Materials Renude Pippa Harman RETaiL AI and Girish Jeeva Uhuru Botanicals and AND Digital David Avis x-hoppers Wildix Deliah Mathieu Further details here: https://lnkd.in/eKm4p3RM #RTIHAwards24
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Looking forward to seeing you all at GroceryShop next week! Come by booth A226 to learn how retailers are leveraging Focal to increase on-shelf availability and sales while driving in-store efficiency with the most widely deployed shelf digitization solution on the planet! #GroceryShop
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Every retailer wants to know the answer to one simple but hyper-critical question - what do my shelves look like? Historically the only way to find this answer has been to travel to the store and see for yourself - or have someone take a photo and send it in. There are multiple problems with this approach including: 1) Usually the store knows this visit is coming so its the best the shelves will ever look and not a good assessment of what your customers typically see 2) Even if it is a surprise visit, you're gathering a very limited data set 3) We as humans can only be in one place at once By leveraging discreet shelf-edge cameras, you unlock the ability to "virtually teleport" into any store from anywhere in the world and not only see what your shelves look like this hour, but also every hour of the day over multiple days. A few use cases this can be particularly valuable for include: 1) Do I have enough rotisserie chickens and other food service items stocked during the lunch/dinner rush every day of the week? 2) Are my DSD vendors meeting their service levels and showing up on schedule? 3) Which of my stores/departments have the lowest presentability scores and should get an in person visit? To learn more, check out the link here: https://lnkd.in/eAEySNer
Gain Comprehensive Insights and Optimize Store Performance with Store Walk l Focal Systems
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Innovation teams play a critical role for retailers with their responsibility to solve the problems of today while also future-proofing the business for years ahead. They must gather business requirements from multiple stakeholders and then evaluate both internal build and external buy options compared against competing sets of priorities. Anyone who has attended a trade show the past few years can attest to the fact that this task is made exponentially harder by the "buzzword bingo" thrown at retailers by the tech community. So how do you sift through the noise? By finding a partner that: 1) Has happy customers that have rolled the solution out chain-wide and publicly stand by the tangible ROI captured 2) Doesn't make you take their word for it but actually deploys and proves the value of the solution quickly in one or multiple of your stores with minimal integration 3) Has a full end-to-end solution now and into the future - for example a computer vision vendor that does not just give you a CSV/PDF of your out-of-stocks but instead provides easy to use apps for replenishment, ordering, planograming, etc. At Focal Systems, we are grateful for the opportunity to be that type of partner for retailers like Village Super Market and Morrisons and also to have innovative advisors like Donald High and Thomas Nielsen helping to assure our roadmap remains tightly aligned to the needs of the grocery community. Check out the video below to learn more. https://lnkd.in/dDzGcYKU
Innovation
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Operations teams are the life blood of any succesful retail business. Every single day, they shoulder the burden of assuring that one item we all need is stocked in the right location in their stores while also playing the role of customer support when we barge in frantically looking for it. In order to assure this whole process goes smoothly, historically frontline retail employees have had to: 1) Walk the entire store to scan for out of stocks each morning 2) Check IMS for what inventory they have in the store and put together a pick-list of products they believe can be restocked 3) Either manually write orders or do continuous maintenance on IMS systems to assure automated orders are as accurate as possible 4) Build displays, damage out expired products, update signage, cut in new products, etc. etc. etc. With having to spin all these plates at once for 30K+ SKUs - and understanding that any miscalculation has ripple effects on every process - it is inevitable that things go wrong and customers, profits, and employee job satisfaction are all worse off for it. In order to overcome these challenges, forward thinking retailers like Gene Tommasi, Robert Belsky, and Jonathan Luster have adopted computer vision and AI systems that have saved over 100 hours of labor/week, increased inventory accuracy by 66%+, and improved job satisfaction to such a degree employees have been quoted as saying they'd take a job at a store farther away from their home if it meant having access to the system. Check out the video to learn more. https://lnkd.in/eTftRqQp
Operations — Focal Systems
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Focal Systems reposted this
Improving On-Shelf Availability by optimising every aspect of business ✔️ Reducing workload and improving productivity and compliance ✔️ Congratulations to Focal Systems for being recognised as one of the top innovations globally in the #ECRchallenge to improve On-Shelf Availability. Check out our top 30 here https://lnkd.in/e2P7-Z_D
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Honored to be selected as one of the 30 hottest innovations in OSA! For the past 9 years we've woke up every day with a laser focus on helping retailers improve availability to better serve their customers and lower the cost of living for all mankind.
The ECR Loss 2024 Innovation Challenge focuses on On-Shelf Availability. Retailer and CPG OSA experts have rated over 100 of the world’s most impressive startups and scale-ups across accelerators, incubators and universities to rank the 30 hottest innovations in OSA. Check them out here 👇 https://lnkd.in/e2P7-Z_D Congratulations to Algoretail, Arpalus, Badger Technologies, Belive.ai, Captana, Centific, Clobotics Retail, Cognitiwe, Databricks, Digit7, envelope, Everseen, EVERYANGLE, Focal Systems, Gather AI, Retail Insight, LEAFIO AI Retail Solutions, NomadGo, neoalto GmbH, rapitag, Recoshelf, SHELFIE, ParallelDots, ShelfWise, Shopnosis, Simbe, TechShelf, V7, Wiliot, YOOBIC
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Big news today! After 9 successful years running Focal, Francois Chaubard will pass the baton to Kevin Johnson as CEO and remain on as CTO. See more below: https://lnkd.in/g5x4jh-9
Focal Systems Announces Kevin H. Johnson as new CEO
globenewswire.com