Wasteless Description
We help supermarkets and online grocery shops to recover the full value and reduce food waste by using AI-powered dynamic pricing. The Wasteless pricing engine is designed to adapt to the buying habits and mindsets of your customers, pushing AI to the limits to provide the best shopping experience and maximize profit. Find out how it works. Matching product offerings to real-time demand will increase sales. Sell at the lowest price possible with minimal shrinkage. Rotate products more quickly to maintain shelf freshness. Make sure products are sold before expiring and go to waste. Wasteless's pricing engine uses reinforcement learning, a branch in machine learning that aims to maximize revenues and reduce waste. This allows our engine quickly to learn how consumers react to dynamic pricing and then to determine the best discounting policy.
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