Sustainability problem:
Food waste is both a critical environmental issue and an economic challenge.
Some keys facts to consider:
- $218 billion is spent annually in the US to grow, process, transport, and dispose 52 million tons of food that is never eaten!
- Food waste consumes 21% of all freshwater.
Technology:
- Spoiler Alert is a software company founded by two MIT Sloan graduates to help organizations manage and track unsold inventory.
- Spoiler Alert’s online management platform creates secondary markets to sell remaining inventory to discount buyers or connect with/donate to NGOs.
- It allows companies to generate new revenue and tax benefits, as well as minimize waste costs by reducing food surplus.
Stakeholders:
- Farms
- Food businesses
- NGOs
- Civil society impacted by GHG emissions and climate change
- Local government
- Waste management facilities
Development/Implementation:
- Organizations such as farms, food businesses and NGOs must acquire and install the technology.
- Integrate or sync the technology with existing inventory management systems.
- Train employees on the use of the software.
- Increase awareness of the tool: the success of the secondary marketplaces depend on scale.
Sources:
- http://www.sustainablebrands.com/news_and_views/waste_not/matt_greenstein/how_right_kpis_can_help_eliminate_food_loss_waste?utm_source=email&utm_medium=community&utm_content=title&utm_campaign=sbnews201732&mkt_tok=eyJpIjoiWTJFMk5tUmhOekkxWkdKaCIsInQiOiIwSlh1bTc2RHpSREhwOFQxbkJ4YVM1Ump1M3JWTmtQcmVoUmpDVTh5YVlHdFh5Z0ZjSTFrZTJsMUhzQ0tzekFuV3NxQTcycEVBWTZQUkVWdFwvYVB6b1ZDT2o0eHl3OEJSclJmdkZmK1lwM2VSbFZPZ3RyTVJzekFvWUhlc2hhYVwvIn0%3D
- http://www.sustainablebrands.com/news_and_views/business_models/hannah_furlong/spoiler_alert_can_app_close_food_waste_loop
- https://www.spoileralert.com
- http://blog.spoileralert.com/environmental-impact-of-food-waste
UNI: amr2184
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