CONSUMAI

ConsumAI Intelligently predicting demand. Sustainably preventing waste. Efficiently managing resources. Together we can unlock the potential of global food waste prevention. ConsumAI is the only intelligent demand forecasting solution for fresh food retail outlets. By utilising Big Data and Machine Learning, it empowers businesses to predict and respond to rapidly changing events that influence consumer demand, allowing them to seize opportunities and manage resources responsibly by achieving... the “ideal order” no more over stock or out of stock. The Problem 30% of all food produced is never eaten and ends up being thrown away. Food waste costs businesses in the HaFS industry £3 billion a year. Food that is wasted often ends up in landfill sites, accounting for 8% of global emissions. Increasingly, new regulations are being introduced on global and national levels to address the issue of food waste: UN Sustainable Development Goals calls for food waste to be halved by 2030, The EU Farm to Fork initiative and Courtauld commitment in the UK to name a few. On average, managers of fresh food retail outlets spend between 40-60 minutes a day on ordering, and mainly rely on using historical sales data and manually checking local events that may impact demand. Let’s face it, we know that this is not the most accurate, efficient or environmentally-friendly solution to predicting demand and ordering. That’s why we have developed the right solution for you! The Solution ConsumAI makes actionable ordering insights available at your fingertips, allowing you to take back control, always achieving the “ideal order” no more over-stocking or understocking, reducing your environmental footprint and increasing your profitability. Our intelligent predictions are powered by Big Data and Machine Learning, allowing you to make data-driven decisions. Our solution optimizes demand forecasting by using a range of data points, including historical sales data, weather forecasts, local events, public transport and consumers footfall. We also quantify the environmental and financial impact to your business in our reports. How it benefits your business We want to work with you to make sure that you will place ideal orders for your business. Our tool will help you predict surges and drops in demand that are not possible with current manual processes - no more out-of-stock or overstock! This means that ConsumAI will help you play your part in reducing your environmental impact by up to 40%, whilst also increasing your profitability per item by up to 50%. Win, win, win! Our reporting function will enable you to keep track of the environmental and financial gains, a plus for your conscientious customers.More