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Our custom software development process revolves around an AI-centric approach, enhancing user experiences and delivering highly efficient solutions through advanced artificial intelligence technologies.

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Food Optimization

Understand how we worked with America's Food giant to leverage AI.

About Our Client / Brief Introduction

Our client is a global leader in the meat processing industry with operations in USA, Australia, Canada, Europe, Mexico, New Zealand and the UK. With a focus on delivering high-quality meat products, they face the challenge of accurately predicting demand for perishable goods. 

Industry

Food

Business type

B2B & B2C

Technology

AI/ ML, PyTorch

Country

USA & Mexico

Duration

9 Months

Methodology

Engineereing Pod

Build your business

Optimizing Supply and Demand with AI Solution for a Global Food Company

Project Overview

This project involved developing a Proof-of-Concept or POC system for a leading food company, to improve their supply and demand forecasting for their products. By leveraging Artificial Intelligence (AI) and Machine Learning (ML), we aimed to create a AI Demand Forecasting system that could predict demand fluctuations and suggest optimal supply levels, minimizing waste and maximizing profit.

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Result/Key takeaways

  • 01. Significant reduction in food wastage through accurate AI/ML-driven demand prediction, optimizing inventory management and supply chain efficiency.
  • 02. Enhanced storage efficiency, leading to fresher produce and extended shelf life, benefiting both the company and consumers.
  • 03. Improved demand forecasting accuracy, ensuring better alignment of supply with consumer needs and reducing overstock and stockouts.
  • 04. Development and implementation of an intuitive dashboard, providing real-time data visualization for informed decision-making and strategic planning.
  • 05. Positive user feedback with an average score of 9+ on the dashboard's usability and functionality, reflecting high user satisfaction and adoption.
  • 06. Increased operational efficiency and cost savings, demonstrating the effectiveness of AI/ML integration in the food industry.
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  • 01. Significant reduction in food wastage through accurate AI/ML-driven demand prediction, optimizing inventory management and supply chain efficiency.
    • Right
  • 02. Enhanced storage efficiency, leading to fresher produce and extended shelf life, benefiting both the company and consumers.
    • Right
  • 03. Improved demand forecasting accuracy, ensuring better alignment of supply with consumer needs and reducing overstock and stockouts.
    • Right
  • 04. Development and implementation of an intuitive dashboard, providing real-time data visualization for informed decision-making and strategic planning.
    • Right
  • 05. Positive user feedback with an average score of 9+ on the dashboard's usability and functionality, reflecting high user satisfaction and adoption.
    • Right
  • 06. Increased operational efficiency and cost savings, demonstrating the effectiveness of AI/ML integration in the food industry.
    • Right
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Ready to Minimize Waste and Reduce Costs?

Explore how our AI solutions can help you predict demand and optimize your supply. 
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prasanjitadhikari
Prasanjit Adhikari CoFounder, BFL
Founder1
Panjak Goel CEO, CapitalSetu
prasanjitadhikari

“We at Batch For Labels would like to express our heartfelt gratitude to team Phyniks for their hard work, dedication, and creativity in delivering an outstanding website that truly represents our upstart. The positive impact it has had on our online presence and user engagement is undeniable. It has become a powerful tool for showcasing our services and driving business growth. You have truly captured the essence of our start-up and translated it into a visually stunning and user-friendly website.”

Founder1

“We have been associated with Phyniks since a long time and we believe that information technology is one of the key areas to grow exponentially where Phyniks helped us in the best possible way with quality services. Phyniks is one of the best service provider for Software Solutions with best industry leaders. My best wishes to the Phyniks team for future endeavours.”

Project Plan / Requirements & Challanges

Our client identified a critical need to address fluctuating demand for their perishable products. The traditional methods of forecasting were proving inadequate, leading to potential stockouts or excess inventory. The project requirements included:

  • Developing an AI demand forecasting and prediction system
  • Optimizing storage based on predicted demand patterns
  • Building a user-friendly dashboard to visualize insights

Our Process

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Conceptualisation

  • Market Research
  • Demand and Supply Data
Design

Design

  • Creating wireframes 
  • UI/UX design

code-working

Development

  • POC system
  • Custom AI demand forecasting system
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Maintain

  • De-bugging
  • Continuous testing
  • Security measures

Solution We Delivered / Key Features

1
User Interface (UI) Design

Creating an intuitive and user-friendly interface for their internal personnel to interact with the POC system and gain valuable insights. We optimized their information architecture and navigation to make the system easy to use.

2
Machine Learning Model

The core of the system, the ML model utilized historical sales data along with other relevant factors to predict future food demand trends. It even helps to optimize storage requirements to help with informed demand-supply decisions.

3
Demand Prediction Engine

This engine, powered by the ML model, provided JBS USA with actionable insights into anticipated demand fluctuations. Our client’s team could use these insights to adjust their supply chain accordingly, minimizing the risk of stockouts or overstocking.

4
Interactive Dashboard

Built with React, the dashboard offered a user-friendly interface to visualize predicted demand, optimize storage requirements, and make informed supply chain decisions.

Business Impact : Minimized waste by 30% with this AI-Predictive System

Through innovative AI solutions, we empower organizations to achieve extraordinary results and stay ahead of the curve. Let's scale your businesses together with these latest technologies. 

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  • Our Process

    We collaborated closely with their data team to understand the various sources of data impacting demand and supply. Through meetings with key stakeholders, we gained a comprehensive understanding of our client’s business processes and the challenges associated with demand forecasting.We adopted a hybrid development approach to develop the POC system and demand generation system. Using Python and TensorFlow, we built and trained an ML model to predict future demand based on historical data and relevant factors. We even used React to create an interactive dashboard that visualized the predicted demand and recommended supply levels.
Right1

  • Our Process

    We collaborated closely with their data team to understand the various sources of data impacting demand and supply. Through meetings with key stakeholders, we gained a comprehensive understanding of our client’s business processes and the challenges associated with demand forecasting.We adopted a hybrid development approach to develop the POC system and demand generation system. Using Python and TensorFlow, we built and trained an ML model to predict future demand based on historical data and relevant factors. We even used React to create an interactive dashboard that visualized the predicted demand and recommended supply levels.
    • Right1

Result / Performance Metrics

Discover how our performance metrics highlight the impact of our cutting-edge AI/ML solutions. This AI demand forecasting POC system drove a significant improvements in supply chain optimization, storage efficiency, and operational effectiveness for our clients in the food industry.

30%

reduction in food wastage post model implementation.

25%

Increased storage efficiency

20%

extension in shelf life of perishable items.

95%

accuracy reached in demand forcasting.

Efficient Food Supply Predictions with AI

 

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Let's

innovate for the future.

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Get

started on your journey.

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Together

we grow and thrive.

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&

 

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Build

with passion and precision.

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Your

vision becomes our mission.

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Business

growth driven by technology.

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With

passion, we drive success.

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Phyniks

crafts your ideas to life.

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Tools : This project was designed and developed with help of new age tools & technologies

  • logos_figma
  • devicon_python-wordmark
  • Tensorflow_logo.svg
  • devicon_mongodb-wordmark
  • devicon_nodejs-wordmark
  • vscode-icons_file-type-angular
  • logo-aws-243x145

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