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How Dynamic Pricing Tech is Cutting Grocers Food Waste

2024-10-15 04:46:24| Waste Age

Dynamic pricing software like Wasteless uses AI to reduce food waste and boost grocery profits by automatically adjusting prices for perishables as they approach expiration, encouraging earlier purchases with smaller markdowns. Since its launch in 2017, the technology has helped grocers reduce waste by up to 80%, save millions, and increase revenue, particularly benefiting meat, poultry, and fish sales, while addressing sustainability and market challenges.


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