In the UK, there are two ways to deal with products that are approaching their use-by date:
- Lower their prices and hope they buy them
- Wait until they become spoiled
The Israeli startup Wasteless’s approach is more data-driven: it assigns each product its own smart label, displaying prices in real time, optimized according to their expiration dates using machine learning . Wasteless claims to stem a third of the waste in the supermarkets where it operates, while increasing their profits.
Many supermarkets have recently ukraine’s goals for cop 29 : a plan for peace and victory announced their intentions to drastically reduce their waste – you could soon start seeing Wasteless’ smart labels in your stores.
Image courtesy of Wasteless, showing their smart label on a supermarket shelf
6. Neurolabs
Neurolabs reduces food waste by accurately anticipating consumer demand using artificial intelligence. Neurolabs focuses its efforts on supermarket sales rather than restaurant sales.
Neurolabs employees, based in iraq telegram data Romania, are currently refining their algorithms and are planning a launch for fall 2019. Initial results indicate that they could reduce waste in supermarkets by up to 40% .
Restaurants
7. Tenzo
Complete transparency – Tenzo is my business . After running my own restaurant chain, Hummus Bros, for many years, I realized how wasteful the industry is. With the technology that existed at the time, it seemed impossible for our teams to figure out the right way to order food or organize our staff.
I teamed up with Adam Taylor, a friend from my time studying computer science at Cambridge, and we founded Tenzo, to create the software that restaurateurs really need.
A big part of our mission was to enable them to predict exactly what they would sell using a smart, hyper-accurate prediction algorithm. By taking into account weather conditions, growth trends, and all the restaurant’s past data, it’s possible to generate forecasts that are 50% more powerful than using traditional methods. Forecasts can even be done at the individual menu item level, which significantly reduces food waste .
Discover Tenzo’s 5 tips for reducing food waste
8. Winnow
As the saying goes, “What gets measured gets better managed.” Yet, restaurants collect very little data on the food they throw away and why. As a result, they have no idea how to reduce waste. Winnow Solutions ‘ products aim to solve this problem by allowing kitchens to track what they throw away.
Their latest innovation, mysteriously called “Vision,” is a super cool technology: a smart scale and camera, driven by algorithms, record the weight and type of food thrown in the bin (e.g., 30 grams of steak, 500 grams of fries). A staff member b2b reviews can then indicate on a touchscreen on the wall why it was thrown away (e.g., a kitchen error, a customer complaining).
The result? Data that, if used correctly, could cut food waste in these restaurants in half.
