The Afresh Technologies artificial intelligence (AI)-powered ordering and inventory solution is being launched by grocery chain Albertsons in a bid to help when it comes to a wide range of management needs.
The technology will enable the retailer to optimize its fresh food forecasting, inventory, ordering, and even merchandising and operations. This is hoped to help when it comes to reducing food waste and helping the retailer to be more agile when it comes to keeping the shelves stocked.
Executive Vice President and COO of Albertsons Susan Morris commented on the implementation of Afresh Technologies solutions saying, "By partnering with Afresh, we are now able to improve our processes to better manage our fresh product supply and provide our store teams with a tool to better predict demand and monitor inventory. Managing these variables ultimately allows us to offer our customers even higher quality fresh products and further reduce our food waste."
AI-Powered Retail Inventory Solutions
Albertsons Will Use Afresh Technologies for Smart Ordering
Trend Themes
1. AI-powered Retail Inventory Management - The use of AI technology in retail inventory management can optimize forecasting, inventory and reduce food waste.
2. Smart Ordering Solutions - Smart ordering systems can help retailers keep shelves stocked, monitor inventory, and predict demand for products more accurately.
3. Fresh Food Optimization Solutions - Fresh food optimization technologies help retailers ensure higher quality fresh products and further reduce food waste.
Industry Implications
1. Retail Industry - The retail industry can benefit from the implementation of AI-powered inventory management systems to help reduce waste and optimize ordering practices.
2. Food Industry - The food industry can leverage smart ordering systems to ensure fresh products are stocked and reduce food waste through better demand prediction.
3. Logistics Industry - The logistics industry can use fresh food optimization technologies to streamline processes and reduce waste in the supply chain.