Autonomous Inventory Monitoring Service
Welcome to warehouse clarity
Inventory management reinvented with Nokia AIMS smart drone technology
Nokia Autonomous Inventory Monitoring Service AIMS enables cost effective, efficient and accurate inventory monitoring using smart, autonomous drones. With the industry-first, true inventory counting capability drones can individually count items, such as eaches, cases or cartons. Detailed, up-to-date inventory analytics reduce low-value manual labor and transform productivity and efficiency. Nokia AIMS helps customers improve overall efficiency with an expected 30-40 percent return on investment (ROI).
Today’s warehouses are faced with inventory challenges
- Inaccuracy: Mismatch between actual inventory and book records
- Costs: Stock outs impact revenues, profitability and customer satisfaction
- Time consumption: Constant cycle counts are needed to remediate issues
- Labor-intensity: All on top of internally or externally mandated audit-driven counts
Nokia AIMS gives you one true picture you can count on and believe in
- With the true inventory counting capability autonomous drones can individually count items, such as eaches, cases or cartons, in any racked inventory location accurately and efficiently.
- This capability enables warehouses to automate inventory counting 7-10 times faster and with higher accuracy and increased efficiency than manual counting.
- Nokia AIMS brings together computer vision-based localization, barcode scanning, full autonomy and multi-drone orchestration technology in one seamless warehouse management service.
- Nokia AIMS provides up-to-date data and insights to optimize inventory management processes without costly and error-prone human intervention.
Shrink costs and realize a rapid ROI
Accurate and reliable industry-first true inventory counting
Gain efficiencies across your warehouse
Diverse ways to achieve value with Nokia AIMS
Expect a 30-40 percent ROI over a 3-year period
Lower labor costs
If you currently always deliver meticulous inventory counts, employing large teams and frequent counts to reduce errors and stock outs:
Then most of your value from Nokia AIMS will come from:
- Reductions in salaries for low value / unnecessary work
- Fewer management overheads
- Fewer worker injuries and compensation
- Improved efficiency
Higher inventory accuracy
If currently you are trying to cut costs with more infrequent counting and staff shortage leading to inaccurate inventory and frequent stock outs:
Then most of your value from Nokia AIMS will come from:
- Better customer experience, loyalty and repeat business
- No more double inventory purchases
- Fewer investigation costs
- Less lost inventory
One day, all warehouse management solutions will work this way. But why wait? Contact us to get a bespoke ROI business case based on your warehouse dimensions.
Graybar customer testimonial
"At Graybar, supply chain innovation is vital to our long-term success. We believe Nokia AIMS will help us increase the accuracy and efficiency of our inventory monitoring, which will enhance the customer experience and improve our operational performance. Very few technologies can simultaneously boost performance while reducing costs, but we believe AIMS can deliver both."
Mark Hirst
VP Technology, Graybar
How does Nokia AIMS operate?
Smart drones operate 100% autonomously
AIMS drones operate completely autonomously, without any need for human intervention. When scheduled, each drone can take off, navigate through a warehouse, and complete inventory scanning tasks independently.
Accurate product scanning and cycle-counting
Using advanced computer-vision-based scanning technology drones can individually count items, such as eaches, cases or cartons, in any racked inventory. The drones can also detect empty bins.
Advanced localization technology
Because there is no GPS in AIMS drones use a proprietary advanced computer vision-based localization technology, originally developed by Nokia Bell Labs researchers. Consisting of a combination of cameras, sensors, and machine learning algorithms, drones can accurately determine their position and orientation within a warehouse environment.
Get daily inventory analytics and snapshots: Intuitive and accessible anywhere
Customers get a daily snapshot of their inventory via an easy-to-use graphical user interface, accessible anywhere. Users can see where misplaced items are, which bins are empty, locate missing inventory and see historical data.
System integration via API (Application Program Interfaces) (coming 2024)
Drone data feeds can connect directly into your favorite applications or WMS (Warehouse Management System) to help you update stock levels and identify potential inventory mismatch problems.
Intuitive interface that can be accessed from anywhere: users can get a snapshot of their inventory from the comfort of their office.
One day, all warehouse management solutions will work this way. But why wait? Contact us to get a bespoke ROI business case based on your warehouse dimensions.
AIMS Value assessment report
This report, commissioned by Nokia and conducted by Roland Berger, focuses on addressing the pain points related to warehouse inventory counting and how they can be solved. Particular focus is on major labor challenges like attracting and retaining staff and striking the right balance between accuracy and costs.
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