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Company’s AI Technology May Provide Answer To Food Industry Supply Chain Waste

March 20, 2018: 12:00 AM EST
A high-tech home food delivery start-up that is using artificial intelligence technologies to modernize the grocery supply chain has launched a B2B platform targeting food industry companies. Farmstead’s FreshAI model would benefit supermarkets, cafeterias, food production facilities, restaurants, quick service food chains, and convenience stores that need to reduce food waste and improve profit margins. Current methods of supplying stores cause supermarkets to discard 35-40 percent of all perishable foods, the company said. FreshAI, however, allows food businesses to upload operations data securely. The platform then provides daily and weekly recommendations on exactly how much to order of each SKU based on historical sales and consumer tastes.. [Image Credit: © Farmsted   ]
"Farmstead Launches New 'Fresh AI' Platform That Applies Artificial Intelligence To Help Food Companies Reduce Waste And Improve Margins", News release, Farmstead, March 20, 2018, © Farmstead
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