Smartway

Optimize fresh food management and recover retail margins with AI-driven dynamic pricing and inventory forecasting designed to reduce waste by up to 40%.

Paid inventory management

Paid only

Price not published

About Smartway

Smartway is a comprehensive retail intelligence platform designed to address the complex challenges of managing perishable goods and near-expiry products. It serves as a digital bridge between store-level operations and corporate headquarters, providing real-time data to optimize the lifecycle of fresh produce. By integrating AI-driven systems into daily routines, the platform helps retailers maintain stocked shelves, reduce the volume of food sent to landfills, and significantly improve profit margins through precise, automated interventions. The tool aims to transform raw retail data into a competitive advantage by simplifying complex inventory decisions into actionable steps for staff.The platform operates through two primary modules: the Food Waste Management System (FWMS) and the Fresh Operating System (FOS). The FWMS utilizes Smartdetection to identify items nearing their expiration dates and Smartdecision to apply dynamic pricing, ensuring these items are sold rather than discarded. Meanwhile, the FOS focuses on Smartorder technology, which provides accurate forecasting to prevent both overstocking and understocking. This dual approach allows store teams to move inventory at the right time while maintaining a clear view of strategic goals defined by HQ leaders, ensuring that every product on the shelf contributes to the bottom line.Targeted at a wide range of retail professionals, Smartway provides value to everyone from C-suite executives focusing on sustainability and performance to frontline staff managing daily floor operations. Executives gain end-to-end visibility into execution against targets, while store managers can slash the time spent on manual date checks by up to 75%. The system is built to be self-learning, meaning it adapts to specific store shifts and evolving consumer behaviors to offer more accurate recommendations over time. This adaptability makes it suitable for massive roll-outs across international retail chains.What distinguishes Smartway from generic inventory solutions is its deep roots in the physical retail environment and its proprietary AI. The company highlights thirteen years of in-store experience, which has informed the development of a tool that can be learned by employees in as little as three minutes. Unlike standard markdown tools, Smartway's AI-driven dynamic pricing optimizes discount timing to recover margins without resorting to blanket markdowns, effectively balancing waste reduction with EBIT growth. By combining human expertise with machine learning, it ensures that staff remain focused on service and sales rather than tedious manual tracking.

Smartway pros & cons

Pros

Reduces food waste by up to 40% through precise inventory interventions.
Increases fresh department margins by approximately 2 points using accurate forecasting.
Cuts time spent on manual date checks by 75% for store staff.
Provides end-to-end execution monitoring for retail executives and HQ leaders.
Interface is simple enough for employees to learn in as little as 3 minutes.

Cons

Requires on-site deployment and integration which may involve initial setup time.
Focused exclusively on retail and fresh produce rather than general inventory management.
Pricing is not transparent and requires contacting the sales team for a demo.

Smartway use cases

Retail Executives can define sustainability and performance goals at HQ and monitor real-time execution across all store locations.
Store Managers can automate the identification of short-dated products to ensure they are sold or donated before they expire.
Frontline Teams can reduce the time spent on tedious manual tasks like checking expiration dates by using AI-guided detection tools.
Sustainability Leads can track and report on CO2 savings and food waste reduction metrics to meet corporate environmental targets.
Inventory Planners can use AI-driven forecasting to eliminate out-of-stock scenarios while maintaining high stock rotation.

Smartway features

ai-driven dynamic pricing
freshness prioritization
proprietary retail ai
automated date checking
real-time store-to-hq visibility
smartdonation management
smartorder inventory forecasting
smartdetection expiry tracking

Smartway pricing

Is Smartway free? No, Smartway doesn't offer a free plan.

Custom

Price varies

Smartdetection expiry tracking
Smartdecision dynamic pricing
Smartorder inventory forecasting
Smartdonation management
Real-time store-to-HQ visibility
Automated date checking
Proprietary retail AI
On-site deployment support

Smartway FAQs

How does Smartway help reduce labor costs in grocery stores?

The platform automates the expiration date check process, allowing teams to complete these tasks up to four times faster. This efficiency enables staff to shift their focus from manual data entry to customer service and active sales.

Can the AI adjust prices automatically for products near their expiry?

Yes, the Smartdecision module uses AI-driven dynamic pricing to optimize discount timing based on your specific strategy. This approach helps improve retail margins by 0.3 to 0.6 points while increasing unit sales.

What kind of reporting does the tool provide for corporate headquarters?

Smartway provides a clear, real-time view from the sales floor to HQ, keeping everyone aligned on performance. Executives can define strategic goals and monitor end-to-end execution to ensure teams deliver against waste and margin targets.

How accurate is the inventory forecasting for fresh products?

The Smartorder system provides accurate forecasts across all fresh categories to boost revenue and cut unnecessary costs. It is designed to achieve near-zero out-of-stock scenarios while simultaneously reducing overstock waste.

Is the system difficult for frontline staff to learn?

The interface is designed for extreme simplicity and high adoption on the floor. According to user feedback, employees can learn how to use the tool effectively in just three minutes.

Ratings & reviews

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