Wasteless AI is proud to announce that we have planted 10,000 trees this month, boosting the environmental impact our US-based clients and their phenomenal employees are generating through embracing our waste-preventing AI technology. We will continue to plant one tree for every 100 pounds of products saved with Wasteless
In our March issue, we delved into the fundamentals of multi-period markdown strategies, offering simple examples to illustrate their potential benefits. Following that, in April, we candidly addressed the challenges inherent in implementing such strategies, emphasizing the importance of discerning when a markdown is truly warranted. Indeed, it's
In today's rapidly evolving retail environment, it's essential for supermarket executives to stay well-informed about regional consumer behavior and market practices. Adding a touch of sustainability to our understanding can help align strategies with the growing demand for eco-friendly solutions. American Supermarkets Bulk Buying Preferences: American
Much more than a market hype... In our April publication, we introduced the concept of multi-period markdowns. This month, we delve deeper, tackling the core challenges that arise when optimizing markdowns over multiple periods. In June, we plan to conclude this series with our final discussion on "The Holy
In the competitive supermarket industry, customer loyalty is a key driver of growth and profitability. This insight explores ten powerful strategies to enhance customer loyalty, demonstrating how personalized services and the strategic use of technology can deepen customer relationships and boost business success. __ Customer loyalty emerges as a critical factor
Part 1: Understanding the basics of multi-period markdowns In the following months our magazine will cover the topic of multi-period markdowns. We will start with “Understanding the basics of multi-period markdowns” (April), then delve into “The challenges of multi-period markdowns and the use of AI” (May), and lastly, we will
Four reasons to excel in meat markdowns People close to Wasteless - friends, partners, and clients alike - are well aware of our team’s passion for providing correct meat markdowns. Here are a few reasons why, in no particular order of importance: High financial value Meat has one of
We absolutely love Italian food (and Italy in general!), so we were excited when we were asked to deploy our AI-based markdown optimization in Italy. As always, we generated profits by fixing the markdowns and reducing waste. We are thrilled to show you what end-consumers had thought. The research was
On losing the potential of last day markdowns. A short story Once, there was a guy who was not only a real cheapskate but also quite lacking in time management skills. Every afternoon, he drove a few miles to his local supermarket to pick up all the “last-day” discounted leftovers
Learn how to challenge the typical never-ending backlog that IT departments face; a backlog comprising many varied technological projects of all shapes and sizes.
Being sustainable is nice and has proven to deliver value when it comes to consumer loyalty and brand awareness. However, sustainability must, above all, align with sound business principles to build long-lasting impact.
There has been a feverish activity around markdown optimization in the last few years. Originating in the early 1970s and evolving ever since, the reputation of markdowns transcended from being “inappropriate” to the “way of doing business.” If performed correctly, they offer significant revenue engines, generating profit from products that