Leaders from Top Retail Brands Form Advisory Board with Simbe to Enhance Store Intelligence

Retail Leaders Unite for Enhanced Store Intelligence

In a monumental step towards enhancing store efficiency across the retail landscape, Simbe, recognized for its advancements in retail shelf digitization and store intelligence, has formed its inaugural Client Advisory Board (CAB). This initiative gathers some of the most influential figures from leading retail companies globally, aiming to drive product strategy, enhance peer collaboration, and shape the future of shelf digitization.

The Client Advisory Board's members represent a rich tapestry of experiences spanning various sectors, including grocery, home improvement, and club retailing. These leaders have a proven track record in operational excellence, supply chain smoothness, and technological implementation. Notable participants include Kim Anderson, VP of Store Operations Support at Schnuck Markets; Assia Cloran, District Manager at Country Supplier; and Nina Dedic, GenAI Product Lead at SPAR ICS, among others.

The Value of Collaborative Innovation
Benjamin Bond, Senior Vice President of Strategy and Client Success at Simbe, emphasizes the philosophy of innovation through collaboration. He states, "The CAB reflects our belief that the best innovation comes from partnership, not only with Simbe but also with industry peers." This advisory group highlights the necessity of collective insights in advancing technology-driven store operational effectiveness.

Research from Coresight indicates that retailers leveraging technology for enhancements can potentially reclaim an average of 5.5% in annual revenue. As the field of store intelligence evolves, investments in technology supporting operational efficiencies are reportedly increasing substantially, soaring by 151% year-over-year. This growth underscores the significance of adopting robotic platforms as they represent a leading growth area within store intelligence.

Showcasing Measurable Impacts
Current retail clients utilizing Simbe's Store Intelligence™ platform are witnessing significant advantages. Reports indicate impressive metrics, including 98% shelf availability, 90% accuracy in pricing and promotions, and a healthy 2% margin increase. Furthermore, store teams have successfully redirected up to 50 hours per week towards more valuable tasks, thereby improving overall customer service.

Hans K. Reisch, CEO of SPAR Austria Group, notes, "Automated inventory control and integrated reporting ensure better control of product availability on the shelves of our stores, and our employees have more time for personal customer service. A win-win situation for all parties." Likewise, Mandi Dyer, COO of Country Supplier, highlights the substantial benefits of automated systems in improving pricing accuracy and minimizing out-of-stock instances.

Strategic Leadership with Thom Blischok
Adding further prestige to this advisory body, retail strategist Thom Blischok has joined as an executive advisor. With extensive experience and leadership roles spanning four decades, his insights are expected to guide Simbe's technological advancements effectively. Blischok stated, "Retailers and CPG manufacturers are navigating hundreds of new technologies. Some will succeed, and many will not. Simbe is a proven, scalable platform with over a decade of performance and adoption. I'm excited to help shape how the industry capitalizes on intelligent automation."

A Vision for the Future
The establishment of the CAB marks a continuing trend for Simbe, which recently launched its Strategic Advisory Board and unveiled the Simbe for Merchants, a premium analytics bundle designed specifically for merchandising teams. The rollout of Simbe's technology has spanned across ten countries, allowing it to embed itself as a leader in the realm of store intelligence.

Utilizing mobile robotics, fixed sensors, and computer vision, Simbe strives to create intelligent retail environments that are connected and data-driven. This holistic approach aims to meet the demands of modern retail, ensuring timely visibility and operational execution that resonates well with contemporary consumer requirements.

For more information on how Simbe is transforming store environments, visit www.simberobotics.com.