Afresh

Proud to partner with Albertsons Companies to bring greater efficiency and accuracy to the DC forecasting process with AI-powered fresh grocery tech!

From smarter ordering to filling shelves, grocers are embracing AI to streamline operations and improve the shopping experience. Thanks, Grocery Dive, for showcasing how Afresh is helping retailers like Albertson Company Ltd and Fresh Thyme Market build a powerful technology suite to help achieve their food waste and shrink reduction goals.

The Afresh AI and Data Science team had the opportunity to present six of our most exciting built-for-fresh innovations at the largest Operations Research conference of the year! Topics included: building order recommendations for your toughest categories, like prepared items and complex meat cutting, and determining display size effects on demand!

Some cool research from the Afresh team!

Happy to announce more great partnership with our friends at Fresh Thyme Market as they expand Afresh's store ordering solution to their food service departments! In-store production makes food service ordering and inventory management notoriously tricky. We're proud to support accurate ordering for our partners' most complex items to help keep their shelves full and their customers happy. Learn more here: https://hubs.li/Q02Vlsk10

We’re thrilled to announce that Afresh’s work to reduce food waste and drive profits for grocers is expanding up the fresh supply chain! Today, we’re introducing Afresh DC Forecasts, a new AI-powered solution built to help grocers maximize product freshness with more efficient and accurate forecasts of upcoming store demand at the distribution center. A special thanks to our friends at Albertsons Companies for their partnership in this effort and for their continued commitment to leading the industry with best-in-class fresh technology! Learn more here: https://hubs.li/Q02RTXyL0

Excited to be included in SVG Ventures | THRIVE's 2024 Top 50 AgTech and FoodTech list as a notable innovator in the next generation of supply chain technology! Check out the report to learn more about the many impressive organizations "driving sustainable transformation across the global agri-food value chain": https://hubs.li/Q02Rm0ZF0

Looking to deliver freshness at an affordable price? In partnership with Alvarez & Marsal Consumer and Retail Group, Afresh’s AI-driven ordering solution helped U.S. value grocer streamline their operations, improve store-level decision-making, and enhance product freshness. All of which helped them deliver affordable, high-quality produce to an underserved market. In just 12 weeks, Afresh delivered: ? 7% reduction in scan-outs ? $2.7M in annual savings ? Lower shrink and improved labor efficiency ? Fresher produce and optimized backrooms To see the full impact of Afresh, read our latest case study: https://hubs.li/Q02Qk3M40 #RetailTech #Grocery #AI #FoodWaste #CaseStudy

Interested in achieving fresher food, happier customers, and a healthier fresh grocery business? Visit Booth A520 to learn how with Afresh at #Groceryshop!

Promotions are a powerful tool for grocers to stand out in a crowded marketplace. Yet, conventional models often struggle to accurately predict demand for promotions due to variability in the: allure of an item's price change, prominence of a promotion, customer and store demographics, and change in demand throughout a promotion's life cycle. Afresh’s promotion-aware AI ordering solution helps grocers understand the dynamics between these factors to optimize inventory, ensuring full, balanced shelves that meet customer demand efficiently. By utilizing Deep Learning, our promotion-aware forecaster has improved demand predictions during promotions by 2-3X. Read our new Medium post to learn more: https://hubs.li/Q02HQYGK0 #MachineLearning #RetailTech #FreshTechnology #Promotions #Grocery #FoodWaste #Artificial Intelligence #DeepLearning #DemandForecasting