New year, new tech, no problem
The McKinsey Podcast
00:00
Keeping Stock Outs in a Retailer's Backroom
Video tracking of retail shelves during the day can be captured with high fidelity, but is very high volume as well. So if I'm in a store, let's say it's a grocery store, I'm tracking what's being bought on aisle three. And I don't need to send the entirety of that video back up to the cloud. What I do need to do is send a simple data element that says, wow, we've got a stock out and Captain Crunch on aisle 3. Now, when I do that, it can trigger replenishment action,. It might be more Captain Crunch needs to go on the truck. And we get it overnight. Those kinds of closed loop decision making
Transcript
Play full episode
