We know in-store inventory visibility is crucial for brand manufacturers and the retail industry – after all, stockouts cost them an estimated $1T annually. So recent news of billion dollar “unicorn” valuations for companies with technology aimed at attempting to solve this problem is a big deal and the latest indication that the market isRead more
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Every day, countless “David versus Goliath” battles are being waged between consumer packaged goods brands for the finite amount of space available on retail store shelves around the world. The big players – the Goliaths of the industry – are able to leverage their market leadership to command a lot of retail shelf space forRead more
A few weeks ago, I wrote about how Pensa’s in-store drone acted as a powerful magnet that drew in thousands of visitors to our first-ever public demonstrations in Intel’s booth at NRF2019. Funny thing is, when the drone is in an actual retail environment, flitting around stores to capture real-time data on shelf conditions forRead more
While the dust of a thousand booth teardowns may have long-since settled at the Javits Center and NRF2019 has dwindled in the rearview mirror for many, I’m finding Retail’s Biggest Show is still fresh on the minds of a lot of people. I continue to get several emails and inquiries every day about Pensa’s launchRead more
The retail shelf is ‘ground zero’ for retailers and brand manufacturers, the last point in the retail supply chain. And, if product isn’t on the shelf, well, it can’t be sold. Stockouts are estimated to cost brands and retailers upwards of $1T per year. The root cause? Lack of visibility into the actual condition ofRead more
Today, the Pensa team unveils what we have been quietly working toward for the last several years, as we officially launch the company and demonstrate our first solution at the retail industry’s “Big Show,” NRF 2019. (You can read more specifics in our official announcements, here and here.) Our company name “Pensa,” inspired by theRead more
