How Grocerants Can Reduce Food Waste
Date & Time
Wednesday, October 3, 2018, 3:45 PM - 4:15 PM
Bringing a Measurement Focus to a Changing Retail Sector
The retail food landscape is facing unprecedented change. In so many ways, the lines continue to blur between traditional grocer operations and restaurants, spawning the birth and rapid development of the “grocerant.”
In this rapidly changing, highly competitive environment, increasing operating efficiency through waste reduction is critical. Reducing food waste is especially important from a financial standpoint, but also to address changing market perspectives driven by the Sustainable Development Goals calling for organizations to cut food waste in half by 2030. Consumers and employees increasingly expect retailers to demonstrate responsible behaviors regarding food waste, and regulatory winds are shifting to prompt reductions in organics to landfill.
Food retailers can seize the opportunity provided by this changing landscape by adopting a measurement-focused approach to food waste prevention – because what organizations measure well, they manage well. By implementing innovative measurement tools, retailers can capture valuable data for actionable change while creating a culture that not only reduces food waste – but prevents it.