Grocery Waste and Revenue Saving Calculator

Keep food and revenue out of the trash

Over a billion tonnes of food (that's a lot of lbs) are wasted every year, with retail accounting for 12% of this waste.  

Non-existent or slow and error-prone markdown processes are part of the problem, preventing food from being sold near its expiration dates on time. 

Using our interactive calculator, estimate how much revenue you can recover with an effective markdown process by adding the capability to capture barcodes and printed text with one scan to your existing app.

This calculator has built-in estimates based on our research and work with leading grocers:

• The error rate for markdowns is approximately 4%
• 40% of markdowned food is sold
• The average grocer is estimated to discard between $5,000 and $10,000 worth of food per store per week (Forbes)

One label scan, all the data you need

Read barcodes and printed text simultaneously to automate management of expiry dates. Ensure picked items have a minimum shelf life and prevent missed markdown opportunities.

Explore Smart Label Capture Try for free