The Geiping bakery reduced its return quantities, and thus food waste, with the help of FoodTracks`s software, while at the same time guaranteeing article availability as well as increasing its turnover.
Like most bakeries, the Geiping bakery, a family business with about 50 branches, faces daily challenges. The precise planning of the product range, in line with ABC categories, presented significant difficulties. They needed an efficient tool to overcome that, while keeping in mind the specific needs of multi-day items, as well as offering central ordering processing capabilities.
The FoodTracks software tackles the issue of inaccurate data that often plagues bakery operations and forecasting. It incorporates intelligent algorithms that detect and address data inaccuracies, providing bakeries with an optimal foundation for their decision-making processes.
The tool's transparent UX backs up its forecasting value with clear and reliable information. Unlike black-box algorithms, this transparency instils trust and confidence in the system, allowing bakery owners to fully understand and control their ordering processes.
In addition to all of the above, the software's unmatched ability to handle the inherent complexity of bakery data and order processes sets it apart from competitive solutions. It comprehensively covers various aspects such as different product states (e.g., frozen, dough, baked), shelf lifes, and demand patterns; thus providing a holistic solution that caters specifically to the unique challenges of the bakery industry.
With FoodTracks, the Geiping bakery took a leap towards higher efficiency and sustainability, while increasing its turnover and margins. It achieved tangible results within a very short timeframe:
A simple and dynamic ordering process was developed. This optimization ordering process has resulted in reduced costs for raw materials, energy, and staff.
The target returns are now automatically determined according to dynamic ABC categories, resulting in an optimal balance between availability and returns.
"The dynamic ordering process brings many opportunities: reduce returns,
avoid food waste, generate sales opportunities and increase turnover."
Michael Geiping, Managing Director of the Geiping bakery.
With FoodTracks, the returns rate was reduced by 2%, without any loss in availability. Thanks to the software’s AI, which systematically recognizes products with a risk of selling out, additional turnover is generated in a targeted manner, resulting in a no-brainer positive ROI and short payback time for Geiping.