Co-op uses AI to fight GBP 40m losses in the UK
British supermarket chain Co-op is using AI technology to detect offenders carrying hidden weapons or stolen goods, after costs from theft and fraud rose by 19% to GBP 39.5m in the first half of 2024.
This article is available for reading in Trade magazin 2024/11
The new technology, which is currently being tested, can also detect physical attacks on staff and immediately alert the central monitoring station. Co-op says there was a 44% increase in shoplifting and violence last year. //
Related news
Sopron University makes operations more efficient with AI assistants
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >AI caught a thief in the first Hungarian hybrid smart store
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The EU would accelerate the spread of artificial intelligence in industry and science
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Export champion with innovation in the sugar market curve – Budapest industry roundtable on the competitiveness of confectionery manufacturers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >MOL Fresh Corner turns 10 – from Olympic champions to Tankcsapda, everyone celebrates the country’s most popular hot dog
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Lidl is organizing an exclusive customer party in one of its Budapest stores
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >