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enRetail

enRetail by Envelope addresses challenges like low on-shelf availability and labour shortages with cameras and AI technology that continuously monitors shelves and offers solutions.

Description

Envelope is a technology company specialising in retail optimisation through their product enRetail. The company focuses on addressing challenges such as low on-shelf availability (OSA), labor shortages, and inefficient inventory management in the retail sector, particularly in grocery stores. enRetail, their flagship product, uses cameras and AI for continuous shelf monitoring, offering solutions like improved demand forecasting, real-time monitoring of shelf arrangements, and enhanced e-commerce efficiency. This technology aims to increase revenue by up to 4% and boost employee productivity by over 20%.