An estimated $2 billion in financial benefits is left on the table for the nation’s grocery retail sector every year, according to a study from the Pacific Coast Food Waste Commitment (PCFWC).
The organization examined the use of technology to track and reduce food waste.
“While some waste in supermarkets will always be unavoidable, one underutilized solution can make significant progress in reducing supermarket-level fresh food waste right now – artificial intelligence,” the study noted. “To the untrained eye, supermarkets may already seem optimized in terms of stocking rates and waste reduction. This is far from reality. In practice, more than 30 percent of fresh produce becomes surplus.”
