Albertsons Companies will enhance its fresh offerings with San Francisco, California-based Afresh Technologies’ AI-powered predictive ordering and inventory solutions to reduce waste and offer the freshest products for customers. Afresh will help Albertsons’ optimize fresh forecasting, inventory, ordering, merchandising and operations.
Afresh Technologies enables Albertsons Cos. to deploy an AI technology platform in all its stores to further differentiate its fresh offering to customers while helping to reduce food waste, ultimately reducing greenhouse gas emissions and saving water.
“By partnering with Afresh, we are now able to improve our processes to better manage our fresh product supply and provide our store teams with a tool to better predict demand and monitor inventory,” said Susan Morris, EVP and COO of Albertsons Cos.
“Managing these variables ultimately allows us to offer our customers even higher quality fresh products and further reduce our food waste,” she said.
As one of the U.S. Department of Agriculture’s Food Loss and Waste Champions, Albertsons Cos. will be able to achieve, with solutions like Afresh, its goal to reduce food waste by 50 percent by 2030.
“We know that fresh food drives the global grocery industry, yet the lack of technology for fresh departments causes immense food waste and expensive losses. We’re honored to support Albertsons Cos. investment in, and demonstrated velocity of, technology and innovation, which is making the grocery experience better and more efficient for both the retailer and its shoppers,” said Matt Schwartz, CEO and co-founder of Afresh.
Afresh is a fresh technology company. Its AI-powered solutions optimize critical functions in fresh food.
Afresh reduces food waste, improves its partners’ profitability and makes fresher, healthier food more accessible to all. Founded in 2017 with the mission to eliminate food waste and make fresh food accessible to all, Afresh has grown with grocery customers across the U.S. Afresh has announced partnerships with grocers in more than 3,000 stores and 40 states, including Albertsons, WinCo Foods, Heinen’s, Save Mart, Bashas and CUB Foods.
For more information, visit afresh.com.
Albertsons Companies is a food and drug retailer that operates stores across 34 states and the District of Columbia with more than 20 banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci’s Food Lovers Market.
For more information, visit albertsonscompanies.com.