Wasteless Lift food retail margins by optimizing markdowns to prevent food waste

Reducing food waste is the single most impactful measure to reverse climate change (Drawdown.org). Wasted food is the single largest CO2 emitter. We need to prevent waste from happening in the first place
Wasteless is a turnkey food waste solution which optimizes food price markdowns based on expiry dates. Our proprietary dynamic pricing algorithm for products with a limited expiration date, allows retailers to deploy AI to mark off prices. 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 labor related to shelf management and minimizes 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 margin increase on the categories we work on. We aim to reduce 500MT of GHGe annually