Description of your Product's or Service's design and/or technological innovation
There are over one hundred thousand manufacturing plants and warehouses in the USA alone. Even though 90% of inventory is stationary in the supply chain, inventory accuracy at distribution centers, warehouses, and plants ranges from 89% to 99%. In retail stores, this number drops to below 60%. That’s because most of the inventory management process is still a manual activity. It is a risky, time-consuming, and imprecise task that no warehouse team member likes to perform. It can take a group of 10 people, one to three months to audit warehouses that have a million square feet of space.
PINC Air automates this process by applying autonomous drone technology, coupled with computer vision technology, artificial intelligence, RFID sensors, and cloud computing to significantly improve accuracy, speed and safety of collecting warehouse inventory levels. It can accomplish Inventory scans hundreds of times faster than humans can do and achieve inventory accuracy rates close to 100%. It also eliminates warehouse accidents associated with inventory checks and enables organizations to redirect their staff to handle high value activities empowering their teams with rich information, which can then be revisited at any point and time and can be used to make better decisions.
Three most important features of your Product/Service
Continuous autonomous flight - Fully autonomous indoor navigation system that allows the aerial robot to autonomously navigate through warehouses and avoid obstacles.
Real-time inventory identification - Advanced computer vision and sensors combined with artificial intelligence which detect, identify and locate pallets into rack locations.
Easy to use web-application - Resulting scans are uploaded to the cloud and synchronized to the WMS or any other inventory management system.
Learn more about this product - https://www.pinc.com/warehouse-drone-inventory-management
Automatic Data Capture
PINC provides scalable software, hardware, and services that enable companies to identify, locate, and orchestrate inventory throughout the supply chain predictably and cost-effectively. PINC's unmanned aircraft system is called PINC AIR, Aerial Inventory Robot™. The robotics solution allows companies, large and small, to apply autonomous drone technology, coupled with computer vision technology, artificial intelligence, RFID sensors, and cloud computing to significantly improve accuracy, speed and safety of collecting warehouse inventory levels.