Carrefour implements AI tool to combat food waste
Every day, Carrefour has to discount more than 40,000 items in its 83 largest stores in Belgium alone, purely because they are approaching their expiration dates. As this is hugely costly in man-hours, the retailer was looking for a solution to efficiently manage expiration dates, optimise discounts and combat food waste.
After a successful trial period, Carrefour Belgium is now implementing its new AI tracking tool on a large scale.
“The new tool will help us streamline operations, reduce costs and improve profitability”, the retailer’s New Technology Manager Benoît Moreau explains. “Thanks to integrated intelligent discounting and full control over shelf stock, it will play a key role in our strategy to reduce waste and improve economic performance.”
Carrefour says it can monitor inventory levels in real time and predict demand fluctuations to reduce risks of over- or understocking. The data tool can also analyse consumer preferences, buying behaviour and inventory trends. The tool should also simplify employees’ daily workflows and ultimately save up to sixty minutes of work time per day per store.
Retail Detail
Related news
Crisis resistance through AI and ESG
KPMG’s CEO Outlook 2024 survey reflects the views of more…
Read more >Three-quarters of Hungarians are well-versed in AI, reveals Ipsos global survey
The Ipsos 2024 AI Monitor report provides a comprehensive picture…
Read more >Sustainability pays off
The EY 2024 Sustainable Value Study involved 520 sustainability leaders,…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >