Team info
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The Mission
The mission of Waste2Win is to reduce food waste, increase business profitability, and engage consumers in sustainability efforts by providing an integrated, AI-powered platform that. helps food businesses automatically identify, track, and sell soon-to-expire products at discounted prices. Waste2Win uses technology to help businesses optimize their inventory management, forecasting, surplus products, and automate the process of creating 'last chance' flash sales. In turn, customers are incentivized to purchase these products at a discount, earning rewards and contributing to waste reduction. AIMS Reduce food waste Boosts customer loyalty through gamification (eco points + store credits) Uses data/AI to optimize inventory management Publicly ranks companies based on waste reduction performance High-ranking companies can collaborate with other businesses
The Challenge
A large amount of food waste is generated from grocery stores, cafes, and restaurants. This waste impacts not only the environment but also a significant loss of revenue for these businesses that throw away unsold or expired food. There is a growing need for a simple, automated, data-driven solution that allows businesses to reduce food waste, save money, and enhance their sustainability efforts while making it easy for customers to engage in these efforts and benefit from it.
The solution
Waste2Win is an app that uploads soon-to-expire or surplus goods from restaurants, grocery stores, or other retail stores, enabling costumers (students) to purchase at discounted prices, reducing food waste, encouraging sustainability, and affordable meals. The innovative aspect is the integration of an AI system that can automatically upload soon-to-expire goods based on the store's inventory system. This encourages more businesses to participate, since they can 1. track their inventory, 2. adjust their inventory, 3. make the most of what they have, 4. build a loyal customer base, 5. possibility to collaborate with other companies to build up their sustainability features. Key features 1. Automated expiring product detection: AI-driven inventory management to track food items, detect surplus stock, and predict items that will soon expire 2. Flash sales automation 3. customer engagement and rewards system: eco points (coupons), transparency, penalisation for excess waste, ranking (due to waste reduction) 4. Smart analytics: waste analytics dashboards for businesses to adjust ordering habits and reduce waste,and inventory optimization 5. Ability for users to invite restaurants to use the system Win-Win-Win Model: Businesses save money + reduce waste, consumers save money + earn rewards, and the environment benefits. Gamification: The leaderboard and Eco-Points make sustainability competitive and engaging Walking / biking points: By walking or biking to the stores or restaurants, you can acquire more points The app has a built-in system that says ‘GO’ and tracks your movement Transparency: Letting users trace where the food came from and its waste impact builds trust and loyalty.