Albert Heijn: AI analytics for dynamic discounting

Business Case

Last updated: Dec 9, 2021

Summary

To reduce food waste at its stores, the Albert Heijn supermarket chain partned with Wasteless to implement AI-based dynamic discounting at its stores. The algorithm automatically reduces products in price based on their sell-by date, with a higher discount for items that need to be sold soonest, taking into account historical sales data, inventory levels and more. This encourages customers to buy those items at a higher risk of being thrown away.

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Date added: Dec 9, 2021

Last updated: Dec 9, 2021

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