Introduction 

One of the leading apparel brand, has grown up to be a comprehensive international conglomerate, who keeps brand development as the central task and is based on development of diversification and specialization. It has seven holding companies, including clothing holding, clothing manufacture technology, textile holding, real estate holding, health and tourism holding and financial holding groups.

Solutions

Vionvision PTE Ltd. provides a comprehensive digital loss prevention solutions for the checkout areas of the client and its sub-brands' retail shops at the industry's lowest hardware cost through the patented edge-computing terminal CBox, leveraging the existing CCTV architecture or installing new G5 smart sensors, which solves the untimely detection of fraud in the shops, insufficient depth of inspection in the key areas, as well as false and merged order identification challenges. Being fully GDPR-compliant, Vionvision does not analyze any video footage but uses comprehensive AI technology to learn repeat fraud patterns, gestures and object recognition and forecasts real-time warning signals to shop operators and group alarm systems to prevent worst-case scenarios.

Results

Improved cost-effectiveness, by working together across the board, the overall efficiency of remote merchandising and checking increased more than10-fold and labor costs were reduced by more than 70%. We also reduced the difficulty of investigating cashier fraud, thereby reducing financial losses for the business group.