How AI Could Help Retailers Reach Net Zero

The imperative to create a sustainable food system that can support the nourishment of a growing global population intensifies with each passing year.

Food systems (FSs) emit ~ 20 GtCO2e/y (~ 35% of global greenhouse gas emissions) every year. Addressing supply chain sustainability is an essential step towards achieving Net Zero.

How can an FMCG / Retailer drive sustainability?

When contemplating the reduction of greenhouse gas emissions in food systems and achieving net-zero, a fundamental query often revolves around optimizing supply chains. The solution lies in harnessing the potential of an AI-driven supply chain system.

AI-powered supply chains indeed present an optimal solution to attain sustainability goals. By leveraging AI's capabilities in data analysis, predictive modelling, and optimization, supply chains can enhance efficiency while concurrently reducing environmental impact. AI facilitates precise demand forecasting, optimizing routes to minimize emissions, and identifying opportunities for food waste reduction, thus promoting sustainable practices throughout the supply chain network. Its ability to process vast amounts of data in real time enables agile decision-making, empowering businesses to make eco-conscious choices at every stage of the supply chain process.

The chief goals of supply chain officers

Chief Supply Chain Officers now face a multitude of demands that extend beyond the conventional pressures of cost reduction, cash extraction, inventory management and embracing Industry 4.0. They're increasingly tasked with prioritizing resiliency and sustainability within their strategies and operations, responding to the evolving needs of today's dynamic landscape.

In short, there is a hunger for net zero Consumer preferences are significantly influenced by environmental consciousness. As Gen Z emerges as a significant consumer demographic, their heightened sustainability awareness emphasizes the critical importance of ensuring maximum eco-friendliness across your entire supply chain.

When retailers / FMCG lack comprehensive oversight of their supply chain, It creates potential gaps where excessive emissions and inefficiencies might arise.

There is a strong and widespread desire to achieve Net Zero among FMCG and Retailer (BCG Beyond “Carbon Tunnel Vision” in Food Systems).

How Singular Intelligence can help supply chain officers in achieving Net Zero ? Singular Intelligence collaborates with leading supermarkets in UK to extend product shelf-life and minimize waste across the entire supply chain. From farm to store, our efforts focus on eliminating those often overlooked gaps, ensuring that nothing goes to waste. These interventions pave the way towards achieving closer alignment with net-zero goals.

Dynamic Shelf-Life AI can help retailer achieve the following results with in Fresh Food Supply Chain

In our recent engagement we partnered with Sainsbury’s and Cranswick, to reduce supply and demand imbalance in the TtD ( Taste The Difference Category) fresh pork supply chain using CatmanAi Intelligent supply demand sensing solution. We have Proven established results in reducing the food waste from 40% to 90% per SKU by one of the leading meat supplier and retailer based out of UK

Achieving net zero means optimizing efficiency by delivering precise products at the right time—an objective central to Singular Intelligence's mission. AI-driven supply chain management is essential for businesses aiming for net-zero emissions.

Sources :

1. https://www.nature.com/articles/s41598-022-18601-1

2. https://www.bcg.com/publications/2023/beyond-carbon-tunnel-vision-in-food-ecosystem

3. https://www.ey.com/en_in/supply-chain/why-net-zero-supply-chains-are-the-next-big-opportunity-for-business

4. https://www.forbes.com/sites/gregpetro/2021/04/30/gen-z-is-emerging-as-the-sustainability-generation/?sh=6f52016f8699

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