Retail Insight Unveils WasteInsight Platform Expansion

The expansion of WasteInsight builds upon the company’s existing expiration date management solutions, Prompted Markdowns and Dynamic Markdowns, with a focus on food waste reduction and inventory optimisation.

Retail Insight, an AI-powered analytics platform for grocery retailers, has announced enhancements to its WasteInsight platform with new capabilities: Stock Exit Management, Intelligent Donation Enablement, and Food Safety Warnings. 

This builds upon the company’s existing expiration date management solutions, Prompted Markdowns and Dynamic Markdowns, with a focus on food waste reduction and inventory optimisation.

“Food waste has moved from a backroom operational headache to a boardroom level priority for UK grocers,” said Alex Considine Tong, Chief Product Officer at Retail Insight. 

“With razor-thin margins and heightened consumer scrutiny, retailers can no longer afford to treat waste as a mere line item expense. Our expanded WasteInsight platform turns this challenge into an opportunity.” 

“We’re equipping our customers with not just better visibility, but enhanced AI-driven foresight to act before stock becomes a problem. That’s a game-changer for retailers and a big step toward reducing both waste and risk.”

Stock Exit Management: 

This feature gives retailers a data-driven approach to optimising discounts on products nearing the end of their lifecycle.

WasteInsight’s AI-driven pricing engine continuously adjusts markdown strategies for seasonal items, de-listed items and overstocked SKUs, determining the optimal timing and discount level to preserve margins while clearing inventory.

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The system incorporates factors like historical sales patterns and local demand trends to ensure smart, proactive inventory decisions.

Intelligent Donation Enablement: 

This feature is designed to streamline and standardise store-level donation workflows. This feature aims to bring greater foresight to food recovery by identifying excess inventory unlikely to sell – down to the store item date level.

With Intelligent Donation Enablement, store colleagues scan the item in the RI app to check eligibility based on retailer-defined rules. If the product qualifies, they can immediately print a donation label (e.g., “Charity”) to mark it for collection.

This capability will evolve into predictive donations, where the system recommends a donation over markdown when it identifies that excess inventory is unlikely to sell. The result: fewer wasted products, simplified store processes, and stronger alignment with retailers’ sustainability and food recovery goals.

Food Safety Warnings: 

This technology automatically tracks expiration dates and provides timely alerts for inventory nearing expiration. It also warns store associates if an expiry date entered into the system falls outside the typical date range, preventing data entry errors and reducing the risk of selling mislabeled or potentially unsafe products. 

The solution optimises markdown timings and pricing strategies while directing store associates to the exact locations where action is needed, minimising the time spent searching for products. 

This approach not only reduces waste and protects margins but also delivers crucial food safety protection by instantly identifying potentially unsafe products, supporting both regulatory compliance and consumer safety.

By delivering timely alerts and intelligent inventory recommendations, the expanded WasteInsight platform also improves in-store efficiency and the CX — ensuring fresher shelves, safer products, and fewer out-of-stock scenarios.

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