The Solution Provider’s Supply Chain Tools Reduce Waste and Spoilage of Fresh Foods
Symphony RetailAI, the leading global provider of Artificial Intelligence-enabled decision platforms, solutions and customer-centric insights that drive validated growth for retailers and CPG manufacturers, announced that it was selected as a recipient of the 2018 Supply & Demand Chain Executive Green Supply Chain Awards.
The Green Supply Chain Award recognizes providers of supply chain solutions and services assisting their customers in achieving measurable sustainability goals. This year’s 10th annual awards recognize small, mid-size and large enterprises that leveraged green practices and solutions to further drive sustainable improvements in their supply chain solutions.
“This year’s award recipients place a critical emphasis on green initiatives within their companies and supply chains,” said John R. Yuva, editor, Supply & Demand Chain Executive. “Entries provide examples of innovative approaches and impressive metrics of sustainability programs. We congratulate this year’s honorees for their commitment to sustainability and recognize their tremendous achievements. Our honorees serve as role models for supply chains globally to expand their reach and impact of green leadership.”
Symphony RetailAI’s supply chain solutions include AI-enabled demand forecasting, which helps retailers accurately forecast demand, moving items off the shelf faster, avoiding spoilage and fresh food waste. By accurately forecasting demand, the supply chain can adjust for changes in order quantities, fulfillment execution, logistics around efficient transport routes and more in the supply chain, which ultimately reduces waste.
“Grocers are a culprit in the food waste problem, as managing items with a short shelf life has traditionally proved to be difficult,” said Patrick Buellet, Chief Strategy Officer, Symphony RetailAI. “Working with customers that include some of the world’s largest grocers, Symphony RetailAI leverages artificial intelligence, machine learning and rich data management to help retailers reduce waste and spoilage of perishable goods and prepared foods.”
Symphony RetailAI’s supply chain customers include Action, Dollar General, Intermarché, REMA 1000, Smart & Final, Southeastern Grocers, and SpartanNash.
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