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Supermarket Food Waste Is a Big Problem. Is Dynamic Pricing the Solution?

EATER

Dynamic pricing is not new; for decades, the airline, fashion, and hospitality industries have all found that dynamic pricing — the incremental adjustments to prices to reflect inventory, demand, and supply — has helped companies cut waste and save money. All of this food waste — 35 percent of the U.S. A recent study from U.C.

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Adopting Tech Solutions Is the Smartest Decision Restaurants Can Make

Modern Restaurant Management

Hot Palette Holdings uses AI to improve their forecasting, optimize inventory, and reduce waste. As restaurants implement tech tools, they’re experiencing numerous benefits, including waste (and cost) savings, more effective scheduling, and increased customer satisfaction, to name just a few. Elevate quality management programs.

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Winnowing Away at Food Waste and Epic Generosity

Modern Restaurant Management

Winnow Raises $20M to Fight Food Waste. The company, with US offices located in Iowa City, has recently made headlines in the country, having been selected as a food waste innovator and recipient of the Zero Hunger | Zero Waste Kroger Foundation Grant. 63 million tons of food is wasted every year. ” Marc Zornes.

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Safeguarding Slim Margins for QSRs: How Automation Drives Efficiency and Profits

Modern Restaurant Management

A recent Incisiv study found that QSRs expect 51 percent of tasks will be automated by 2025 while full-service restaurants expect only 27 percent of tasks to be automated by this time. Inventory Management : The food waste from both QSR and full-service restaurants in the U.S. Consequently, the entire U.S.

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Innovation, Cup by Cup: The Starbucks Sustainability Approach

Modern Restaurant Management

Starbucks recently announced that it aims to have every customer either use their own personal mug or cup or borrow a reusable cup from their local Starbucks — by 2025. The company is testing a variety of programs to determine what will most effectively reduce waste while keeping customers satisfied.

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Maximize Takeout Profitability With These Six Steps

Modern Restaurant Management

According to Morgan Stanley estimates, online delivery is set to grow from $260 billion in 2017 to $325 billion in 2020 – and possibly $470 billion by 2025. Naturally Cut Out the Waste. Off-premise dining was already on-trend in the restaurant industry well before COVID-19.

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Vegan Confectionery Is Making its Way from the Margins to the Mainstream

Modern Restaurant Management

By 2025, the confectionery giant plans to achieve a deforestation-free supply chain for cocoa. Almond Orchard 2025 Goals, for example, include reducing water usage for almond growing, increasing the use of environmentally-friendly pest management tools, and achieving zero waste in almond orchards.