A website that helps people find new uses for food and other waste.
The solution focuses on extra food and clothes that can be turned into solutions. The main goal right now is to stop food waste, which accounts for about 40% of all food produced, makes GHG emissions and other pollutions, and costs local governments a lot of money because it was made but not eaten. A lot of this can be eaten as is or used to make something else. The solution is a web-based platform that collects the information, assigns the volumes to a network, pools purchases to make them more efficient and get lower prices, helps with inventory management and logistics, and makes sure that reports are correct, which saves users a lot of time. This business model works with everyone in the food chain, from the producer to a local charity. It supports the entire food value chain and is also meant to help start-ups become more efficient for less money.
Positive facts about Toucan Solutions
Since April 1st 2020, over 25M$ equivalent of food surpluses have been transacted through Toucan, 490000 boxes, representing 3 800 000 kg of food
The solution designed to be interconnected with other IT solutions in order to improve efficiency in inventory management, transportation systems, market places, online payment Technologies.
40% food waste reduction at food producing companies by up-cycling surpluses.
40% less GHG emissions from food waste.
25% less impact from the food that would be purchased by people in need or charity centers if that increased volume was wasted.
Over 30,000$/year saved by the main partner organization by freeing human resources from excel, email and data management tasks.
20% increase in food donations leads to a reduction in purchasing expenses at food banks on average by 10 000$/year for a regional hub of food banks.
Potential saving of 80% of food waste costs for a food company (waste management contractor services, donation tax returns and indirectly increases employee engagement gains).
Toucan Solutions website : https://toucansolutions.ca