
NVIDIA AI Podcast
Afresh Co-Founder Nathan Fenner On How AI Can Help Grocers Manage Supply Chains - Ep. 208
Nov 21, 2023
Nathan Fenner, cofounder and president of Afresh, an AI startup that helps reduce food waste, discusses how their platform optimizes supply chains for grocery stores. They use machine learning and AI models to handle messy data generated by fresh produce, leading to informed decisions. They also address the challenges of managing supply chains for grocers, emphasizing the importance of efficiency and the opportunity to transform the food industry.
33:00
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Quick takeaways
- AFresh uses AI and machine learning to optimize grocery supply chains, focusing on reducing food waste in the fresh food sector.
- By addressing challenges such as demand forecasting and unreliable data, AFresh helps grocery retailers make informed inventory management decisions, reducing waste and improving sales.
Deep dives
AFresh: Using AI to Eliminate Food Waste and Improve Grocery Supply Chain
AFresh is a supply chain and inventory management solution for the grocery industry, with a focus on fresh food. Their mission is to eliminate food waste and increase access to fresh food. They noticed that the future of the grocery industry lies in fresh food, and traditional software solutions built for non-perishable goods were inefficient for fresh items. AFresh utilizes cutting-edge machine learning and AI to tackle challenges such as demand forecasting, understanding inventory, and optimizing supply chain decisions in the face of unreliable data. By addressing these issues, AFresh has had a significant impact, with 13% of all produce sold in US grocery stores being ordered through their tool.
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