Startup firms with ideas that range from growing produce anywhere to literally reinventing the wheel have been selected by Ahold Delhaize USA’s Retail Business Services unit as finalists in a program to identify and nurture supply chain innovators.
The second annual Supply Chain Seed program was run in partnership with Venture Cafe, a nonprofit in New England focused on growing inclusive entrepreneurship. The finalists collaborated with Retail Business Services associates in a 10-week opportunity to build next-generation products or services to solve problems in the retail supply chain. Retail Business Services (RBS) supports the supply chain operations of Ahold Delhaize USA's local supermarket brands.
“The coronavirus pandemic brought incredible challenges to the global supply chain industry, and suppliers and retailers are still working to recover, while also planning for the future,” said Dan Covert, director of supply chain innovation for RBS. “New ideas and creative solutions are more important than ever, and partnerships like the Supply Chain Seed program are a key way we can encourage and support those approaches. We look forward to seeing what these five finalists will bring forward.”
Each of the following five startups will participate in a pitch competition as part of a supply chain innovation conference Sept. 10, with the winning entry to be named the most viable technology for the future retail supply chain, RBS said. Last year’s winner was Wasteless, which developed a technology that reduces food waste and increases perishable revenue by dynamically pricing items with a shorter expiration date at their optimal price point.