Wasteless

Gallery Wasteless 1
Gallery Wasteless 1
May 2021
Headquarters Kaufmann St, Tel Aviv-Yafo, Israel
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Wasteless - Helping food retailers slash food waste and boost bottom lines by selling perishable products with shorter expiration dates at their optimal price

Wasteless is a turnkey food waste Solution which optimises food price markdowns based on expiry dates. Wasteless is a proprietary dynamic pricing algorithm for products with a limited expiration date, allowing retailers to deploy AI to mark off prices. With Wasteless, supermarkets sell more, waste less and consumers get to choose how much they want to pay for a product based on its expiration date. Wasteless recaptures lost revenue, reduces labour related to shelf management and minimises grocery retail’s food waste carbon footprint. This creates new marketing and revenue opportunities for food retailers. In retail Wasteless’ machine-learning technology is a proven Solution that eradicates food waste, showing a substantial percentage point margin increase on the categories we work on.

Key features

  • Can prevent at least half of food waste in retail
  • Can create actionable awareness of consumers to prevent food waste at home

Profitability

  • Turns food waste - a financial cost - into a profit
  • Offer lower prices for fresh food to consumers
  • Enable a smarter supply chain, powering fair pricing to producers

Categories of Application

Activity Region

  • /

North america

United States,

  • Headquarters
  • Activity

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