Ferveo an innovator in retail
Ferveo Technology, Inc is creating solutions that remove in-store and shelf level efficiencies from the grocery store environment. Our solutions are based on combining innovation in advanced electronics, hardware, analytics and database software technology. Our approach relies on building solutions for well known business problems using leading-edge technology innovation.
In retail our product strategy is determined by working closely with customers in understanding the retail store dynamics and environment. Our solutions are based on key business insights and requirements and designed to meet the business, financial and technology needs of the retail landscape.
Ferveo introduces patent-pending ShelfMeterTM technology
Ferveo Technology, Inc. is proud to announce the launch of its flagship product ShelfMeterTM. ShelfMeter addresses key inefficiences in retail grocery stores ranging from out-of-stocks, theft, assortment to general labor management.
Grocery stores generate very low margins and are severely impacted by these inefficiencies. By using the ShelfMeter, stores could increase their profits by at least 50%. The key aspect of the technology is the patent-pending electromagnetic sensor technology which allows the ShelfMeter to accurately count any item on a retail shelf.
The ShelfMeterTMis an extremely cost-effective solution. There is no impact to the manufacturer as there are no tags required on products, this is by far the most affordable and practical solution that helps attain complete shelf-level visbility. The cost of implementation is a small fraction of other approaches such as RFID
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