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What is Wasteless?

We assist supermarkets and online grocery retailers in maximizing their profits while minimizing food waste through our AI-driven dynamic pricing solution. The Wasteless pricing engine is specifically crafted to align with the purchasing behaviors and preferences of your customers, pushing the capabilities of AI to enhance the shopping experience and increase profitability. Discover how our system functions. By aligning product availability with real-time consumer demand, sales can be significantly boosted. Our approach ensures that items are sold at the lowest feasible price with minimal losses. Furthermore, this enables a quicker turnover of products to guarantee shelf freshness. It's crucial that items are sold before they reach their expiration dates to prevent waste. The Wasteless pricing engine employs reinforcement learning, a subset of machine learning focused on revenue maximization and waste reduction. This innovative method allows our engine to swiftly adapt to consumer responses to dynamic pricing, ultimately identifying the most effective discounting strategies for your inventory. With Wasteless, you can not only enhance your profit margins but also contribute to a more sustainable food supply chain.

What is DynamicPricing AI?

Creative methods, techniques, and strategies can result in faster stock turnover. For those looking to effectively manage the pricing of their entire product range, DynamicPricing AI offers an all-encompassing set of tools focused on monitoring competitors, automating price modifications, and supporting promotional initiatives. Companies that have integrated our platform have noted a marked decrease in pricing-related confusion, an improvement in their overall pricing strategies, and a consistent rise in both revenue and profits. With our system, identifying identical and similar products from competitors becomes straightforward, allowing for rapid adjustments to any pricing changes. Addressing the uncertainties and risks related to competitor actions promptly can significantly boost profits or help in gaining a larger market share. The Pricing Policies feature of DynamicPricing AI allows you to combine competitor insights with essential metrics such as your inventory counts, historical sales data, shipping costs, page views, add-to-cart statistics, and variations in products like color or finish. Leveraging these insights empowers you to craft and execute effective pricing strategies for competitive positioning, inventory clearance, driving sales of popular items, and achieving various sales goals, leading to a customized pricing approach that suits your business needs. This all-inclusive system ultimately equips businesses with the knowledge needed to make agile pricing choices that respond to both market trends and consumer preferences, fostering a proactive stance in an ever-evolving marketplace.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Wasteless

Company Location

Israel

Company Website

www.wasteless.com

Company Facts

Organization Name

DynamicPricing

Date Founded

2012

Company Location

Bulgaria

Company Website

dynamicpricing.ai/

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

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