What: Another use case is proposed by Too Good to Go, which dynamically prices their goods according to the limit date.

Why it is important: No major change  in the business model due to AI should be expected before 2025. But in the meantime, the proliferation of use cases should enable retailers to grasp a few productivity points.

Too Good To Go is advancing the fight against food waste through the application of AI technology. Their 'Platform' application aids food retailers in managing excess stock more efficiently. For them, traditional in-store methods for checking expiry dates and pricing are often labor-intensive and error-prone.
The application encompasses five modules, with a key feature being the digital checking of expiry dates. It utilizes algorithms to generate lists of products nearing expiration, thereby reducing the need for manual checks by employees. Moreover, it offers actionable insights, such as recommending specific discount levels, which are conveyed via handheld devices.
Additionally, the application not only facilitates the allocation of surplus food to Too Good To Go's surprise packs but also integrates with external donation platforms like Food Banks. This new tool is currently being piloted by French retailer Monoprix in 250 locations, illustrating its practical application in a large-scale retail environment.

Too Good to Go trials AI inventory management