FOODQAST
FoodQast offers the best solution for grocery retailers
and food chains to reduce their waste
HOW DOES FOODQAST WORK?
Imagine if you could
predict your daily demand
with an accuracy of
95%
WHAT CAN FOODQAST OFFER?
Comprehensive use of available historical data to understand patterns, trends, correlation with holidays, events and other important factors affecting demand
A tailored demand forecast of highly perishable products such as fruits, vegetables, dairy, take away snacks, and fresh baked goods to balance supply and reduce waste
Support food salvage options, such as dynamic pricing, foodbank and other available waste streams
User-friendly interface that can be accessed by relevant stakeholders to support their decisions
ENVIRONMENTAL,
ECONOMICAL AND SOCIETAL
SUSTAINABILITY
Food waste is a major topic with ever-increasing significance, particularly with the unstable global supply chain, and social and economic challenges. An estimate of 1.3 billion tons of food is thrown yearly worldwide while hundreds of millions of people suffer from hunger and malnutrition. It is not only an ethical and humanitarian problem but it is highly
associated with substantial environmental and economic consequences. According to the United Nation Food and Agriculture Organization (FAO), global food waste is responsible for 3.3 billion tons of annual carbon dioxide emissions and thus ranked as the third contributor to greenhouse gas (GHG) emissions after China and the US.