Yango Tech Retail, part of Yango Tech’s B2B solutions ecosystem and a leading provider of e-commerce technologies, has introduced the AI-powered shelf tracking system called “AInventory” to address the challenges in the Middle East and North Africa (MENA) retail market. This system redefines inventory management by creating a digital twin of supermarkets. The new system aims to enhance accuracy with real-time data, optimize demand forecasting, and make operations more efficient.
AInventory Scans Shelves Every 15 Minutes
AInventory combines digital twin technology, shelf tracking, and advanced analytics to improve store management efficiency. By automating routine tasks, the system increases inventory accuracy while reducing manual workloads. It provides real-time data on stock levels, sales, and employee activities. Using advanced AI and computer vision technologies, AInventory scans shelves every 15 minutes. This helps identify stockouts, misplaced products, and pricing errors, ensuring shelf organization and increasing planogram compliance by up to 10%.
The AInventory system continuously tracks product movements during each scanning cycle, providing in-depth insights into customer interactions and purchasing behavior. This helps retailers improve their product placement strategies and enhance store performance. It also increases operational efficiency by 30%, optimizes workflows, detects inconsistencies between physical and recorded stock, and boosts profitability through better inventory management.
“The UAE Retail Market is Expected to Reach $74.87 Billion by 2028”
Andrii Morozov, President of AInventory, said, “The retail sector in the Middle East is growing rapidly. Saudi Arabia’s retail market is expected to reach $159 billion this year, and the UAE’s retail market is projected to reach $74.87 billion by 2028. With this rapid growth, retailers face new challenges in maintaining seamless operations and keeping their shelves stocked. This is where AInventory steps in.”
Morozov shared additional insights about the new system: “From single stores to large retail chains, our AI-powered system makes inventory management more accurate, operations more efficient, and processes smarter. AInventory is not just about numbers; it helps retailers sell smarter, reduce waste, and provide a better shopping experience. For customers, this means fewer empty shelves, more organized stores, and a seamless shopping experience. Our goal is to help MENA retailers set new standards and stand out in the competition.”
Retailers Using AInventory Report Increased Sales
Retailers using AInventory have reported up to a 5% increase in sales due to reduced stockouts and improved shelf organization. The system’s cameras, equipped with energy-saving modes, switch to sleep mode between scans to preserve battery life. Designed for retailers ranging from small markets to large supermarket chains, these AI-powered cameras make advanced technology more accessible, showing that “AI is not just for high-tech companies, but also provides significant advantages for everyday market management.”
About Yango Tech
Yango Tech is a subsidiary of the global technology company Yango Group. It is an ecosystem that provides advanced B2B technology solutions to meet the diverse needs of modern businesses. The company helps businesses streamline operations, enhance customer experiences, and achieve sustainable growth by providing integrated tools in areas such as warehousing, mobility, retail, and more.
Solutions within the ecosystem include:
- Yango Tech Retail: AI technologies for retail
- Yango Tech Autonomy: Last-mile delivery solutions
- Yango Tech Robotics: AI-powered automation solutions for warehouses
- Retail Media: Advertising solutions
- RouteQ: Last-mile delivery management
- Yango Tech Cloud: Cloud platform
- Yango Tech Browser: Corporate browser
- YangoDB: Database solutions
Yango Tech aims to help businesses stay competitive and grow in the digital world by leveraging AI-powered innovations.