What foodforecast does
foodforecast sells AI-based demand-forecasting software for ultra-fresh food products like baked goods, sandwiches and ready meals, generating intra-day and daily forecasts that automate production planning and ordering for supermarkets, bakeries and food-service operators. The company says its self-developed AI is now used at roughly 2,500 locations and cites industry figures of up to 30% less food waste and 11% more revenue for customers. foodforecast was founded in Cologne, Germany in 2019 by Justus Lauten, and gained wider attention after appearing on the German TV show 'Die Höhle der Löwen.'
foodforecast is an automation tool on Falcoscan. AI demand forecasting that cuts waste for bakeries and grocers. Falcoscan rates foodforecast with an Opportunity score of 74/100, a Saturation score of 23/100, and a Wrapper-risk score of 15/100. Market signal: rising. foodforecast is founded in 2019, currently at Series_a stage. Pricing: Paid.