According to a recent report, 70% of all litter in the sea is plastic. While consumers’ plastic consumption is a clear culprit, grocery stores are also adding to this predicament with inventory overstock and shrink.
When unsold grocery stock reaches its sell-by or expiration date, store managers must dispose of the waste. For example, in one year alone, grocers toss 29,000 packages of lunch meat which equates to an estimated 17,500 pounds of waste. While plastic only accounts for 3% of that weight, the amount of plastic from pre-packaged lunch meats can fill up almost 10 whales per year. Adding to the environmental impact, food waste that decomposes in landfills produces methane, which can lead to higher temperatures around the globe.
To raise awareness of the impact that grocers’ food waste has on the environment, we created this infographic to coincide with Earth Day 2019.
Rubikloud is helping grocers minimize their environmental footprint with its Price and Promotion Manager solution. The machine learning technology models the drivers behind consumer demand and builds better forecasts and product allocations in the store, minimizing overstock and shrink that end up in landfills and oceans every year.
To learn how Rubikloud is helping grocers become better environmental stewards, visit https://rubikloud.com/promotions/.