Madix Inc. and Shekel Brainweigh Ltd. announced the availability of ready-made Product Aware shelves and solutions for the retail industry. The companies will launch Soter, a new concept Smart Shelf and Smart Safe, which cuts labor costs and reduces shrinkage by electronically securing high-risk SKUs. Soter is a sophisticated alternative to traditional lock-and-key security cabinets that can be installed in either autonomous or fully staffed stores. The joint solution integrates Shekel’s weighing technology into Madix’s shelf designs for distribution across North America to new and existing customers. Using IoT load sensors, embedded smart shelf software and cloud-based Artificial Intelligence and deep learning algorithms, Shekel’s Product Aware technology identifies individual products by their weight, location on a shelf and is analyzed with planograms. Every on-shelf event, such as add-take-misplace of single or multiple items, is captured in real-time. The accessible data can help retailers manage inventory, reduce shrinkage, analyze consumer behavior, improve customer experience and automate administrative processes. Madix hardware designs equipped with Shekel’s Product Aware technology can be used in a variety of retail applications, such as frictionless Grab-and-Go shopping, unattended cabinets and autonomous micro-markets.