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Afresh Technologies Bolsters AI-Powered Fresh Tech Platform With Inventory Management Solutions; Matt Schwartz and Rick Fink Share

Afresh Technologies Bolsters AI-Powered Fresh Tech Platform With Inventory Management Solutions; Matt Schwartz and Rick Fink Share


SAN FRANCISCO, CA
Thursday, September 14th, 2023

Inventory management just got a whole lot simpler. Afresh Technologies has bolstered its advantageous platform with the launch of its inventory management solution, helping grocers minimize the time and cost of taking inventory.

Matt Schwartz, Chief Executive Officer and Co-Founder, Afresh Technologies“For grocers today, maintaining inventory accuracy can be even more challenging than predicting demand because of factors like perishability,” said Matt Schwartz, Chief Executive Officer and Co-Founder of Afresh. “Our fresh-first inventory management solution drives unparalleled inventory accuracy in fresh departments with minimal labor. This powers better orders, fresher food, lower shrink, and more effective e-commerce operations.”

As the company explained in a press release, the Afresh platform transforms ordering and inventory management across grocers’ fresh departments with intelligent and connected solutions purpose-built for the complexities of fresh food.

Afresh Technologies has bolstered its advantageous platform with the launch of its inventory management solution, helping grocers minimize the time and cost of taking inventory

Utilizing Afresh’s latest innovation, retail teams can save time and boost accuracy with the use of intelligent apps that allow multiple users to take inventory simultaneously and alert users in real-time of suspected errors. In addition, corporate teams gain access to a web portal to review automatically generated, store-specific inventory guides and validate ending inventory results.

As Afresh highlighted, customers have seen an average of 31 percent time savings on their next order after taking ending inventory. Regional grocery chain Heinen’s is currently utilizing the company’s inventory management alongside store ordering and seeing impressive results.

“Because it’s so intuitive, our associates didn’t fight change, and they recognized the benefits of the shrink and the labor efficiencies. The training time to bring them up and running was unbelievably short,” said Rick Fink, VP of Supply Chain.

How will the industry ally continue to transform grocery operations? Keep reading DMN to find out.

Afresh Technologies
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