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AI startup COMPUTD partners with LIOF to combat food waste in bakeries

COMPUTD collaborates with Limburg’s regional development organization to enhance AI-driven sales forecasting for bakeries, aiming to reduce food waste and support sustainable practices.

Published on December 31, 2024

AI COMPUTD Food Waste

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The initiative comes at a crucial time, as the Netherlands faces a staggering food waste challenge with approximately 700,000 loaves of bread being discarded daily. COMPUTD, an AI consultancy and technology company founded in 2019, has developed an innovative solution that leverages advanced artificial intelligence to analyze historical sales data and provide accurate forecasting for bakeries.

The AI-driven system focuses on optimizing production planning and reducing surplus inventory. Advanced demand planning software has proven effective in the food industry, with similar implementations showing significant results. For instance, inventory management tools in bakery operations have demonstrated the potential to reduce spoilage by up to 30%. The system utilizes real-time tracking and streamlined workflows to ensure optimal stock levels and eliminate manual errors.

Strategic partnership

LIOF, Limburg’s regional development organization, has made a strategic investment in COMPUTD to accelerate the development of its AI product. ‘We’re investing not just in a company, but in a sustainable future,’ states Lenn Houbiers, investment manager at LIOF. This partnership will enable COMPUTD to expand its technological capabilities and scale operations, particularly focusing on leading bakeries in the Limburg region.

Implementing AI in food supply management aligns with broader industry trends toward reducing waste and improving efficiency. Research indicates that optimized storage and inventory management can potentially double or triple the shelf life of food products. COMPUTD’s CEO, Marcell Igneczi, emphasizes that their tool has the potential to transform the bakery sector, contributing significantly to sustainability goals while improving business operations.