Introducing Wasteless: Cutting Waste, Growing Profits
CUT WASTE. GROW PROFITS. Boost your bottom line by up to 35% with AI-powered markdows from Wasteless – zero integration required. This innovative project is built to help supermarkets tackle two major challenges: food waste and arbitrary markdown decisions. With Wasteless, food retailers no longer need to worry about tossing nearly expired food that costs up to 7% of their revenue. Instead, every product’s value is recalculated by a smart system that hones in precisely on the perfect price at just the right moment. Get started today and see the transformation in store.
Transform Your Store’s Bottom Line with Data-Driven Markdowns
Food waste and poorly timed markdowns can mean serious losses. Here’s a quick look at the key figures that highlight why Wasteless is such a game changer:
- 4% of revenue lost through food waste
- 3% of revenue eaten away by costly markdowns
- 50% reduction in food waste achieved
- 20% increase in revenues seen by clients
- 9.1% improvement in profit margins
These numbers might seem hard to believe at first – but they’re backed by thousands of data points and real-time insights powered by AI.
Sophisticated AI for the Perfect Price at the Exact Moment
Traditional markdowns often miss the mark – too little, too deep, too early or too late. In contrast, the Wasteless system leverages thousands of data points from your own store as well as partner retailers around the globe. This comprehensive analysis ensures that every adjustment is calibrated to maximize revenue and minimize waste. It’s essentially data making decisions instead of relying on staff’s arbitrary judgment. The result? Consistent, optimal pricing that changes in real time, ensuring that products are neither underpriced nor unsold.
Seamless Integration That’s Probably the Easiest Thing Ever Implemented
One standout benefit is the simplicity of starting with Wasteless. There’s no need for complicated system overhauls or additional hardware – it works with your existing systems and routines. Just scan, mark down, and move on. The technology slides right into everyday operations, making it almost invisible to the usual hustle and bustle of retail management. This ease of use has been a key factor behind why many retailers quickly adopt the solution and see transformative results in record time.
A Comprehensive Solution for Every Retail Challenge
Wasteless isn’t just about smart pricing. It’s a full-suite solution that addresses several core operational challenges in food retail. Among its many features are:
Smart Markdowns: Leverage data rather than relying solely on staff decisions to price products.
Rotation Calendar: Minimize the number of expired occurrences by keeping track of product age meticulously.
Date Checks: Monitor expiration dates across departments so immediate action can be taken when needed.
Grind Logs: Keep a detailed record of grinder events, shop trims, and sanitation efforts to stay fully compliant with USDA and FSMA requirements.
Waste Tracking: Gain deep insights into which lower-margin, sensitive products are most at risk.
Insights: Identify where hidden financial opportunities lie with detailed analytical reports.
Each of these features contributes to an all-in-one strategy designed to reduce both waste and unnecessary markdown losses. It’s a holistic approach that ensures that every aspect of retail management aligns with the dual goals of increased revenue and reduced environmental impact.
The Impact on Sustainability and Efficiency
- SDG 12: Responsible Consumption and Production – by reducing food waste and optimizing product life cycles.
- SDG 13: Climate Action – thanks to the reduction in greenhouse gases from decreased food waste.
- SDG 9: Industry, Innovation, and Infrastructure – driving retail innovation with advanced technological solutions.
Join the Revolution in Retail Pricing and Waste Reduction
Wasteless has been revolutionizing the retail landscape since 2017, helping supermarkets across Europe and the US to put hard-earned profits back in the bank rather than losing them to landfill. With operations stretching from New York to Tel Aviv and Amsterdam, the technology’s global impact is evident. Retailers from leading Spanish chains to Polish wholesalers have reported significant strides – margins soaring by 25% in some cases and fresh sales optimized in up to 640 stores simultaneously. Perhaps even more striking is the environmental benefit – the approach is not only good for the bottom line but also for the planet, effectively addressing major issues like global warming caused by food waste.
Casual yet compelling, the Wasteless solution is not just another tech innovation. It’s a practical tool that integrates effortlessly into everyday routines, ensuring that even the busiest supermarkets can enjoy the benefits of smart pricing without the technical headaches. From scalability to instantaneous adaptability, the project reflects a deep understanding of modern retail challenges. Just imagine the ease of having a system that learns on its own from customer freshness, price sensitivity, sellout dynamics, and past performance. It’s not just technology – it’s a partner in the fight against inefficiency and waste.
This is the revolution in retail pricing that marks a definitive shift towards sustainable profitability. No elaborate setups, no long delays – just a smart, streamlined way to ensure that every product finds its perfect price before it’s too late.
