Avoid wasting food over the holidays

Here’s How You Can Avoid Wasting So Much Food During the Holidays

Food waste is a worldwide problem that companies, labs, even parts of the government, are continually working to improve. Proper storing temperature is even an issue when products are traveling to retailers. “Most of the cause of waste occurs within the first 24 to 48 hours after product is harvested” said Kevin Payne of Zest Labs, “And it’s due to temperature implications.” Zest Labs is a freshness management system that works with analytics and artificial intelligence to determine the remaining shelf life of an item. It ensures that items being sold at the store have enough of a shelf life to last the few days until the product is eaten. They’ve partnered with popular grocery stores like Costco and Hy-Vee, along with many growers, to provide customers with the freshest ingredients. Their technology can reduce waste at the retail level by 50 percent or more. 

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Farmers Can Profit From Waste

Growers are turning to solutions such as Zest Labs to help them fill gaps that compound waste. The company uses analytics and internet of things sensors on fruit and vegetable pallets to help intelligently route food to retailers. Crops are analyzed for shelf life. Those that will last longer can be shipped farther across the U.S., while crops with shorter shelf lives are sent shorter distances.

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How Chipotle, MGM and Microsoft are Trimming Food Waste

If we were to pile all the food wasted globally on an annual basis — an estimated 1.6 billion tons — we’d need a plate that could accommodate 10 times the mass of Manhattan, according to an estimate by the Boston Consulting Group. By 2030, the amount could expand to 2.1 billion tons per year, in the absence of meaningful action. Waste occurs across the entire value chain and represents a $700 billion opportunity. Early solutions emerging to eliminate points of waste can be roughly organized into 13 areas, one of which is investing in data analytics to optimize supply chain processes. Keep your eyes on Zest Labs which sells a service that helps food distributors and other supply chain members manage produce freshness. In mid-July, it scored a partnership with Costco Wholesale, which is using the technology to monitor cross-country shipments.

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Blockchain and Food Safety

Will Blockchain Solve Food Safety Challenges?

The adoption of blockchain among growers and retailers is a positive development for all AgTech companies.  It provides an opportunity for growers to embrace technology that can help organize their data and provide new insights for addressing pre- and post-harvest challenges. However, for the adoption of any technology to be successful, there must be proven value to the customer. If growers and retailers don’t benefit from a technology, such as blockchain, it likely won’t be embraced. Blockchain, like most technology, must deliver real value to all constituents – growers, shippers and retailers – to be successful. Read more….

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Why Retailers Need a Fresher Approach

As the perimeter of the grocery store outpaces growth in other food and beverage categories, food retailers looking for ways to drive more sales are focused on fresh. New IRI research shows that shoppers expect retailers to offer more fresh food than ever before, to educate them about the food, and to curb food waste, a growing movement in the food industry.

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Amazon-Whole Foods One Year Later: The Grocery Business Will Never Be the Same

Whole Foods doesn’t look much different since Amazon bought it a year ago. To find the big changes, look at the rest of the grocery business. Incumbents like Kroger, Costco, and Target have taken aggressive steps, in store and online, to wall off Amazon. Costco has rolled out two-day home delivery for dry groceries, joined with Instacart on same-day delivery for fresh items, and partnered with startup Zest Labs to keep produce fresh as it travels through the supply chain.

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Eliminating Food Waste Within the Berry Market

The problem of waste has some invisible causes within the fresh food supply chain. In this day and age, why can’t this waste be prevented? The fact is this issue can be prevented, but because so much of the fresh food supply chain relies on outdated approaches to quality and freshness management, the problem persists.

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How Costco Thrives in the Amazon Era

Costco has created a bulwark against Amazon by keeping a lid on costs and using membership fees to offer better prices than competitors. Costco has been trying to strengthen its fresh foods, recently announcing a partnership with startup Zest Labs to make sure produce stays fresh longer.

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Zest Labs’ CEO Comments on Recent Costco Partnership and Walmart Lawsuit (Includes Video)

Costco Wholesale, one of the largest retailers in the world, has partnered with California-based agtech company Zest Labs to enhance and improve their fresh food supply chain. The retailer will be utilizing Zest Labs’ Zest Fresh technology to manage and forecast the freshness of their produce products, which in turn could help them to reduce food waste and save money.

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Zest Labs CEO Takes on Walmart With $2 Billion Lawsuit

Silicon Valley start-up Zest Labs sued Walmart this week, claiming the company stole its original technology that keeps produce fresh while in transit. Zest CEO Peter Mehring discusses with Cheddar, a live streaming financial news network broadcasting live from the floor of the New York Stock Exchange.

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Walmart Hit with $2B Lawsuit Over Produce Technology

“Instead of licensing the Zest Fresh technology given Walmart’s manifest need for it — and the mounting pressure it faces from Amazon and other competitors — Walmart misappropriated it without paying for it,” the complaint, which is filed with redactions to protect proprietary information, reads. “Plaintiffs file this lawsuit to protect their trade secrets and recover the billions of dollars that Walmart will save as a result of its unlawful conduct.”

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Walmart Hit with $2 Billion Complaint from Zest Labs

Agricultural tech company Zest Labs and its parent company Ecoark Holdings Inc. have filed a $2 billion complaint against Walmart, claiming that the retail giant unfairly and illegally used its Zest Fresh intellectual property in the development of Walmart’s Eden food freshness technology.

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Costco Enhancing Fresh Food Supply Chain with Agtech

Costco Wholesale has tapped freshness management solutions provider Zest Labs to enhance its fresh food supply chain. The wholesaler is utilizing the Zest Fresh solution to further define and verify best practices that ensure delivered freshness for their produce. The solution will also provide end-to-end fresh food supply chain visibility.

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Solutions for Food Waste

There’s always two sides to the same coin: on the one side, those in our industry are tackling the goal of feeding many with delicious, fresh produce; but on the other side, there’s excess and waste that comes with the territory. However, companies like Zest Labs have taken it upon itself to remedy food waste as a rising problem in our industry and world.

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Costco Taps Zest Fresh to Improve Produce Supply Chain

Costco Wholesale has selected Zest Labs’ Zest Fresh solution to further define and verify best practices that ensure delivered freshness for its produce and provide end-to-end fresh food supply chain visibility. The solution helps reduce waste, which further enables Costco to maintain its low prices for fresh food.

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Retail Leader

Fresh food is getting fresher at Costco

AgTech company Zest Labs said Costco was using its Zest Fresh supply chain solution to further define and verify best practices that ensure delivered freshness of produce. Zest Labs is modernizing the post-harvest fresh food supply chain with innovative technology solutions that provide true end-to-end supply chain visibility that helps improve sales and reduce food waste.

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How IoT Improves the Fresh Food Supply Chain

Every company is obsessed with data. They rely on it to make better decisions that improve their business and effective data capture helps leaders gain a clear view into their operations. However, data collection is only as valuable as the usable insights that it provides.

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Go Beyond Dashboards to Gain Breakthrough Business Insights from Your Data

Using a dashboard to report on business status offers stakeholders a quick, high-level view–but a targeted causative analysis can yield valuable information that may enable bottom-line improvements. But, unless you know the causative agents behind the problems you’re trying to solve, you’re going miss the solution. Zest Fresh enables growers, distributors, and retailers to immediately see which pallets are most perishable and need to be sourced to markets faster.

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