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New Tool Could Help Grocers Fight Food Waste
Blockchain-Powered Grocers Food Waste Tool Sparks Industry Transformation
Grocery retailers now turn to blockchain to fight food waste using a powerful Grocers Food Waste Tool powered by advanced technology.
Smarter Inventory Through Transparency
Blockchain offers transparency on freshness, helping grocers improve decisions. Retailers monitor perishable items like berries, lettuce, and fish with real-time data.
This data helps reduce spoilage, boost profits, and streamline supply chains. Additionally, smart contracts ensure suppliers receive fair payments for fresh products.
For example, Walmart used this method with strawberries and saved 23 million pounds of food while gaining $60 million annually.
Moreover, grocers can now trace produce from farm to shelf, verifying quality instantly.
Innovation Continues Across the Sector
Grocers also explore new methods to reduce waste. Walmart partnered with GreenPod Labs, using sachets of plant extracts to slow spoilage.
Meanwhile, Agritask helps managers predict seasonal crop yields using detailed field data. Both strategies help reduce inventory loss effectively.
Similarly, Ahold Delhaize commits to slashing food waste by 50% by 2030 through its 10x20x30 initiative. They work closely with top suppliers.
Their “HowGood” label program highlights sustainable choices for eco-conscious shoppers.
Tech Companies Join the Fight
Upshop acquired Invafresh to expand their tech reach in food waste reduction. Invafresh’s Whywaste platform uses AI to track expiring goods.
Together, they equip grocers with enhanced tools to eliminate inefficiencies and cut waste faster.
Embrace the Future of Grocery Retail
The Grocers Food Waste Tool presents a breakthrough in sustainable retail. As inflation and climate issues rise, grocers must adapt quickly.
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