New Way Now: Fortenova is using AI to build a waste-free future with Google Cloud

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๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜†: Bojan Radlovic, chief digital officer at Fortenova Group, shares how Google Cloud is helping the leading food producer and retailer leverage AI to tackle critical global issues. With Google Cloud, Fortenova Group created an AI inventory helper that provides grocery store managers with fresh insights to help them place more accurate orders for perishables like fruits and vegetables, reducing food waste while boosting profits.

๐—–๐—ต๐—ฎ๐—น๐—น๐—ฒ๐—ป๐—ด๐—ฒ: Fortenova Group wanted to find a way to use AI to simplify the ordering process for store managers and optimize orders, while driving more value from its 30+ terabytes of customer and transactional data.

๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป: Using Vertex AI, Fortenova Group created an AI forecasting tool that can generate the daily demand for products with a limited shelf life, such as fruits and vegetables. The tool analyzes different influencing factors, including order history, inventory levels, and specific drivers like peak holidays or promotions to suggest the optimal amount needed to meet customer demand without ending up with an unsellable surplus. Vertex AI not only makes it easy to quickly build, train, and monitor AI models but also seamlessly connects with other third-party tools that can be used, helping Fortenova Group to scale different AI and analytics use cases.

๐—ฅ๐—ฒ๐˜€๐˜‚๐—น๐˜๐˜€: Instead of spending time trying to understand and analyze all the different factors around ordering, store managers can now simply use the tool to suggest the right amount to order, reducing waste while still bringing the products customers want to their tables.

๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ธ๐—ฒ๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ผ๐˜‚๐—ฟ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐˜„๐—ถ๐˜๐—ต ๐—•๐—ผ๐—ท๐—ฎ๐—ป ๐—ฅ๐—ฎ๐—ฑ๐—น๐—ผ๐˜ƒ๐—ถ๐—ฐ, ๐—–๐—ต๐—ถ๐—ฒ๐—ณ ๐——๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ข๐—ณ๐—ณ๐—ถ๐—ฐ๐—ฒ, ๐—™๐—ผ๐—ฟ๐˜๐—ฒ๐—ป๐—ผ๐˜ƒ๐—ฎ ๐—š๐—ฟ๐—ผ๐˜‚๐—ฝ:

โ†’ โ€œWith Vertex AI, we have been able to build a tool for store managers. It takes into account inventory levels, past orders, all the different main holidays that could impact how much fruit and vegetable you would need to order. We built a tool that allows you to then say this is how much you should order.โ€

โ†’ โ€œWith Vertex AI, we have been able to build, train, and monitor our models at a much quicker clip. And also, it allowed us to connect to third-party providers in a very seamless way, which is critical for our ability to scale different use cases, but also to move our platform forward.โ€

โ†’ โ€œWe chose Google Cloud for the combination of three components. One was stability, the other one was robustness, and the third one was ability to scale with our needs. Together with Google Cloud, we can build a more unified, more simplified, and more seamless experience for customers.โ€

โ†’ Looking forward, Fortenova Group plans to continue its journey with Google Cloud and explore even more possibilities for transformation and growth using AI. In particular, Fortenova Group hopes to draw additional insights from the data collected from the more than 2.6 active members in its successful loyalty programs to deliver new personalized experiences, both online and in stores.

๐—š๐—ผ๐—ผ๐—ด๐—น๐—ฒ ๐—–๐—น๐—ผ๐˜‚๐—ฑ ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐˜€ ๐—ถ๐—ป ๐˜‚๐˜€๐—ฒ: BigQuery, Cloud Storage, Looker Studio, Vertex AI, Google Workspace

๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐—บ๐—ผ๐—ฟ๐—ฒ:

โ†’ Fortenova Group: Delivering fresh insights to reduce food waste and boost revenues: https://goo.gle/3MxsMWv




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