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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 Retail Insight?

Retail and consumer packaged goods (CPG) companies can greatly benefit from software analytics by enhancing their operational efficiency. Retail Insight transforms data into practical strategies, utilizing sophisticated algorithms to reveal essential insights that empower retailers and CPG businesses to improve their decision-making processes. By leveraging advanced analytics, companies can streamline their operations effectively. Reach out to us to arrange a consultation, where we will address your challenges and assist you in selecting the appropriate solutions. Our services are designed to help you optimize sales while minimizing waste from expired products. Discover how our innovative markdown optimization program can assist you in this endeavor. This dynamic markdown software evaluates various data points, such as seasonality and product categories, to determine the best discount prices for items, ultimately reducing waste through enhanced sell-through rates and diminished losses. Additionally, it swiftly converts your data into actionable alerts, pinpointing specific instances of unavailability along with the reasons behind them, enabling you to respond promptly. By harnessing these insights, you can significantly improve inventory management and customer satisfaction.

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

Retail Insight

Date Founded

2005

Company Location

United Kingdom

Company Website

www.retailinsight.io

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

CPG

Customer Management
Electronic Data Interchange
Financial Accounting
Forecast / Demand Planning
Inventory Management
Lot Tracking
Pricing Management
Shopper Marketing
Trade Promotion

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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