A2Z Cust2Mate Files Patent for AI-Powered Shopping Cart System

A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ) has submitted a patent application for its new Shopping Cart Inventory Change Indicator System. This advanced solution aims to tackle inventory shrinkage issues in the retail sector through sophisticated artificial intelligence (AI). In 2023, U.S. retailers faced $142 billion in inventory losses, marking a 25% increase from 2022.

The core of the system is an AI-driven anomaly detection module. Utilizing deep learning, the system monitors and analyzes shopper behavior in real-time to identify potential theft or irregular activities. The complementary components of the system include a barcode scanner for item tracking, high-resolution cameras for product recognition, and a security scale for measuring item weight, thereby ensuring accurate inventory management.

A notable feature of the system is its change detection capability via strategically placed high-resolution cameras. These cameras capture detailed images of items placed into or removed from the shopping cart. The computer vision system processes these images to detect any changes, maintaining real-time inventory updates. This precise monitoring significantly enhances both inventory accuracy and security.

Gadi Graus, CEO of A2Z Cust2Mate, emphasized the company's commitment to leveraging AI for solving retail challenges. He stated, “The patent-pending Shopping Cart Inventory Change Indicator System exemplifies our approach, offering an advanced method for inventory management and theft mitigation.”