StopLift CEO Malay Kundu says that his scan avoidance technology is being used at manned and self-checkouts at retail stores, supermarkets and specialty stores throughout Australia. Up to one out of five items at the self-checkout are not scanned. Shoppers often leave expensive items in a reusable bag while scanning cheaper items. There are many other ways shoppers avoid scanning their purchases at the self-checkout.
Malay Kundu, Founder and CEO of StopLift, has developed AI technology to catch a number of different ways both self-checkout customers and cashiers cheat the system.
Cashiers are “sweethearting” pumpkins and other items for their friends by not scanning them at the checkout. Malay Kundu of StopLift, whose surveillance technology detects sweethearting, says this theft costs retailers $14 billion annually.
The holidays are upon us which means fun, food, and shopping. A big item to buy at the supermarket is turkeys and a growing trend involves not buying them at all.
“Sweethearting” is when a cashier sneaks a turkey through the checkout for a shopper without actually scanning the item.
StopLift is a company implementing new technology to stop this illegal activity.
Tara Jankway chatted with founder Malay Kundu about StopLift’s strategy to save the turkeys.
Malay Kundu shows how his StopLift technology detects unscanned turkeys and other items at the checkout in a largely unreported crime, costing retailers $14 billion annually.
Even that Thanksgiving turkey is costing supermarkets – and you – money. Who’s watching those overhead cameras at the checkout? Supermarkets and retailers have implemented StopLift, whose technology detects unpaid merchandise on the conveyor belt, in the shopping cart, or reusable bag at both the manned and self-checkout.
Turkeys are being stolen in plain sight at the checkout. Malay Kundu, CEO of StopLift Checkout Vision Systems, has software in supermarkets across the U.S. that is detecting unscanned turkeys and all other items.
StopLift’s ScanItAll™ video analytics software uses your existing checkout cameras to visually determine what occurs during each and every POS transaction to identify loss at both manned and self-checkouts.
Many people will be picking up their Thanksgiving turkeys this weekend, but not everyone will be paying for them.
Grocery stores are about to see a big spike in turkey thefts. Stolen birds put a huge dent in the stores’ bottom lines. Grocers need to sell 50 turkeys to offset the cost of one theft, which is why many grocers are now investing in a new, high tech set of eyes.
