How supermarkets use particle physics to save thousands of tonnes of food waste | The Independent

Blue Yonder’s algorithm breaks down decisions to the finest grain possible, the Professor says, so that supermarkets can cut waste while also ensuring they don’t run out of stock. However, there is always a trade-off between the two and ultimately the supermarket makes the final decision.

Blue Yonder can also change the prices of items based on demand and stock levels. Such dynamic pricing has attracted some controversy, but Profesor Feindt says there is no need for concern.

Online retailers regularly change their prices without people noticing and fashion chains also move prices up and down depending on how popular a particular item has been in a given season. Such tactics are widely accepted and have proved successful.

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How supermarkets use particle physics to save thousands of tonnes of food waste | The Independent.