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Foodforecast Technologies GmbH

Foodforecast is using artifical intellligence to reduce food waste in bakeries, the gastronomy and supermarkets by providing exact demand forecasts.

Foodforecast has developped an artificial intelligence generating demand forecasts for companies in the food industry. The AI is trained with historical and current data of the companies combining them with relevant external factors like holidays or weather data. Based on that, the demand prediction is generated. The customer receives an order suggestion in his ERP system, so that he can directly order what is being sold. Therefore less food and resources are wasted, while increasing profitability through an optimized availability of goods.

Location
Germany, Cologne


Part of
Startupnight 2023