© EuroCommerce
Download image© SPAR/Foto Karg
Download imageWith a series of awards, EuroCommerce honours companies and associations throughout Europe for innovative projects. In the digitalisation category, SPAR Austria impressed the jury with the project “Fruit and vegetables 3 days fresher”.
The project to reduce the time from farm to store was driven by the IT unit of SPAR Austria. The initiative uses Artificial Intelligence (AI) to analyse data on sales volumes, weather conditions, special offers, marketing campaigns, seasonality and numerous other factors, enabling a precise prediction of the optimal quantity of fruit and vegetables per store.
The result of the project is a prediction accuracy of over 90 percent. All of this means that exactly the required quantity is available at the right time in the right store, thus further reducing food waste.
The award-winning project, which attracted attention internationally, was divided into six areas:
This project is just one of many measures developed by SPAR Austria to combat food waste in retail. Today, only about 1% of the food on offer in SPAR stores nationwide is not sold.
Source: SPAR Austria
Read more about SPAR Austria
The origins of SPAR in Austria date back to 1954, but the current SPAR AG was created in 1970 when the original founding families joined other regional wholesalers to form SPAR Austria AG – a 100% privately owned Austrian company. With licences granted by SPAR International, ASPIAG (Austria SPAR International AG) has developed the brand in Slovenia, Hungary, Croatia, and Northern Italy.