Reported 11 months ago
As the application of AI expands, the North American retail industry is beginning to utilize AI to monitor inventory, reduce food and clothing waste. Walmart has been facing significant costs and profit reductions due to food waste, particularly in the US, Canada, and Mexico, and aims to achieve zero waste in these three countries by 2025. Walmart is using AI to monitor inventory for timely price adjustments, avoid perishable items going unsold, and reduce wastage by making proactive decisions based on data analysis. Other US companies like Winnow are also using AI to reduce food waste, highlighting the growing trend of AI integration in waste management to save costs and environmental resources.
Source: YAHOO