The Japan Weather Association and SoftBank will jointly conduct a demonstration project covering Valor's prepared-foods department. The project will combine weather data, pedestrian-flow data and AI to assess the impact of demand forecasting and markdown optimization on reducing waste and improving operational efficiency.
The Japan Weather Association announced a demonstration project with SoftBank covering the prepared-foods department of food supermarket chain Valor. The project will be conducted with the cooperation of Valor Holdings and Chubu Foods.
The demonstration will combine weather data and pedestrian-flow data with AI to assess the impact of demand forecasting and dynamic pricing (markdown optimization). The aim is to improve decisions on prepared-foods ordering while reducing food waste and improving operational efficiency.
The initiative seeks to optimize inventory management and supply and demand through more advanced decision-making at food supermarkets. Further details of the demonstration are scheduled to be published in the electronic edition at a later date.
The project has been announced as information for non-members, with additional information expected to be released at a later date.