TECH OFFER

EASIVIM - Visual Inventory Management

KEY INFORMATION

TECHNOLOGY CATEGORY:
Logistics - Inventory Management
TECHNOLOGY READINESS LEVEL (TRL):
LOCATION:
Singapore
ID NUMBER:
TO174242

TECHNOLOGY OVERVIEW

EASIVIM allows automation of the process of monitoring stock levels in the warehouse and when they drop below a certain threshold, trigger a certain event.  EASIVIM can be used to address the following challenges: What items do you have on your shelf? What is the current inventory level? What items need to be restocked? How many items do we need to restock

TECHNOLOGY FEATURES & SPECIFICATIONS

Auto trigger of material top-up quantity from a cloud platform to suppliers based on visual signal using webcams Two types of technology concepts:1) webcam scans AR code to detect stock to be replenished or 2) webcam compares area occupied vs empty (ROI image area mapping), and calculates stock to be replenished Material optimized and no longer require storage in warehouse, directly send to Centralized Packaging, hence saving staging space & inventory.

POTENTIAL APPLICATIONS

This technology would be useful for companies that are interested in automating the warehouse processes. This in turn could reduce the time and manpower required to do inventory checks.   The technology can also be applied in places with high turnover stock rates or unpredictable selling rates e.g., pharmacy or supermarket.
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