As consumers become more aware of the amount of food that is being wasted not only in the home, but commercially as well, food retailers and restaurants are looking towards technology to ease the issue of waste.
Wasteless, capitalizing on “the internet of things,” is a startup that aims to be “the internet of groceries.” It does so by cataloging when a food is set to pass its best before or sell by date, and adjusts the price accordingly. The technology is automatic, saving the grocery store the time and staff resources to have to change the price manually. Food that is getting close to the end of its best by or sell by date can then be purchased at deep discounts by shoppers. By being able to sell the food instead of paying to dispose of it, it may assist grocery chains in reaching their “triple bottom line” of people, profit, and planet.
Additionally, this technology is working to help dispel some of the myths around best before dates, which many mistakenly believe refer to food safety. In reality, best before dates are indicators of freshness, and some do not even apply if the food has remained sealed/unopened.
More information about Wasteless can be found here.