Afresh

"Afresh’s technology grinds around six years of sales data on every product in the fresh-foods section of a grocery store it works with. Its A.I. tool can divine when people buy avocados, and at what price. It can mash that up with data on how quickly avocados spoil and in turn advise how many avocados to stock." Learn more about how Afresh leverages AI to reduce fresh food waste for grocery retailers like Albertsons Companies in this new article from The New York Times. https://hubs.li/Q02rSb1l0 #retailtech #foodwaste #wastetech #climatetech #AI

Promotions are a powerful tool for grocers to stand out in a crowded marketplace. Yet, conventional models often struggle to accurately predict demand for promotions due to variability in the: allure of an item's price change, prominence of a promotion, customer and store demographics, and change in demand throughout a promotion's life cycle. Afresh’s promotion-aware AI ordering solution helps grocers understand the dynamics between these factors to optimize inventory, ensuring full, balanced shelves that meet customer demand efficiently. By utilizing Deep Learning, our promotion-aware forecaster has improved demand predictions during promotions by 2-3X. Read our new Medium post to learn more: https://hubs.li/Q02HQYGK0 #MachineLearning #RetailTech #FreshTechnology #Promotions #Grocery #FoodWaste #Artificial Intelligence #DeepLearning #DemandForecasting

Exciting results from our latest pilot, just in time for your July 4th BBQ! As meat continues to dominate US perimeter grocery sales, the stakes are high and the opportunities massive. Stores using Afresh's meat ordering solution saw a remarkable 21% reduction in shrink. Are you ready to transform your meat department's challenges into a competitive edge? #RetailInnovation #OperationalExcellence #ProfitGrowth #AfreshTech

Congratulations to our incredible partners at Fresh Thyme Market and Albertsons Companies who have been named as this year’s Top Women in Grocery by Progressive Grocer: - Liz Zolack, President of Fresh Thyme Market - Hala Corral, VP, Service Deli/Food Service Retail Support, Albertsons Cos. - Michelle Steele, VP, Bakery, Albertsons Cos. - Katie Ceclan, VP, Own Brands Marketing and Fresh Category Management, Albertsons Cos. - Gineal Davidson, SVP, National Merchandising, Albertsons Cos. We're honored to work with women who are changing the game, building the best fresh experiences for their customers and working to improve the accessibility of fresh, nutritious food for all! Congrats to all the honorees. https://hubs.li/Q02D2jsp0

Flashfood's 2023 Impact Report is out, reminding us all that "fruits and vegetables make up a massive portion of our food waste...it's the most difficult staple to get from stores to households." As ReFED's Dana Gunders shares in the report, "it's going to take a whole ecosystem of solutions to really make a difference [in reducing food waste]." Afresh is proud to be part of the ecosystem working to eliminate food waste and make fresh food accessible to all. Access the full report here: https://hubs.li/Q02C7C6l0

Grocers have new opportunities to engage their communities at the seafood counter as home cooking continues to grow as a percentage of total consumption, FMI- The Food Industry Association shares in this year's Power of Seafood report. More key takeaways here: https://hubs.li/Q02BJjW40

As part of our mission to make fresh food accessible to all, our San Francisco office volunteers with the SF-Marin Food Bank once a month, distributing food for our neighbors in need. Our team has volunteered over 600 hours since we started the volunteer program in 2022. We love seeing our team engage with their community to help spread our mission in more ways than one! 
 Check out some photos from last month’s shift!

We love seeing our partners featured for their great work to reduce food waste in fresh grocery! Learn more about how Albertsons Companies is investing in a sustainable future: https://hubs.li/Q02yZYmx0

Keeping track of inventory in fresh grocery is notoriously tough. Yet understanding inventory is essential to placing accurate orders to keep shelves full and reduce waste. The Afresh machine learning team continues to innovate on traditional inventory management to deliver higher sales and lower shrink to grocery retailers. Learn how: https://hubs.li/Q02xPss10 #RetailTech #Grocery #AI #FoodWaste

Globally, 1 billion metric tons of food went to waste in 2022, according to the United Nations Environment Program. This means there's plenty of room for innovation in the food waste reduction space, particularly at the retail level. Shoutout to Flashfood, Apeel, ReFED and Too Good To Go for being highlighted alongside Afresh in this piece from The New York Times by international climate reporter Somini Sengupta. https://hubs.li/Q02vCyJg0 #climatetech #AI #foodwaste #socialimpact