Afresh Technologies Expands Into New Sectors; Matt Schwartz and Luke Anderson Comment
SAN FRANCISCO, CA - Building upon its success, Afresh Technologies is taking its solutions and introducing them to other sectors as it looks to help optimize ordering and operations through its AI-powered platform.
“We are thrilled to be launching our meat, seafood, deli, and foodservice products this year,” said Matt Schwartz, Chief Executive Officer and Co-Founder of Afresh. “After proving our ability to add value in thousands of stores in produce, we have been overwhelmed by the demand to launch the Afresh platform in other fresh departments. We are taking the same approach of bringing easy-to-use, AI-powered tools to these historically underserved, strategically critical departments.”
Afresh’s platform provides intelligent recommendations and streamlined inventory and ordering workflows to improve efficiency, a release explained. To date, the company’s customers have seen an average 3 percent increase in sales and a 25 percent reduction in shrink. That equals 31 million pounds of food waste prevented so far.
Current customers of Afresh include CUB, Fresh Thyme, and Heinen’s, which have signed on for the expansion of the company’s services into other core fresh departments.
"Afresh has been an incredibly supportive and proactive partner as we’ve implemented their produce solution across all of our corporate stores," said Luke Anderson, Chief Information Officer of CUB. "Having a lightweight, fully comprehensive solution that connects across other fresh departments should unlock even more benefits for our customers and store teams."
Unlike some traditional platforms, the Afresh platform helps grocers make smarter decisions, even with imperfect data. Insights and order recommendations are presented in digital workflows that are efficient and easy to learn for employees. These workflows, developed after shadowing best practices across core fresh departments, have a 94 percent adherence rate, resulting in faster inventory turns, lower shrink, and higher customer satisfaction.
To learn more about Afresh’s recent expansion and its platform, click here.
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