CEO, Red Points
Sometimes a solution arrives at just the right time. UK-based stock-management company Orderly — which provides e-commerce platforms and order and inventory management solutions — had worked with Starbucks on an app for store managers to manage inventory and reorder stock, an order-management solution for Nestlé and a business-to-consumer sales solution for McCormick Schwartz.
But back in April the company secured major funding from Innovate UK for its work in helping supply-chain users reduce waste and increase sustainability (and profit). It built the popular Morrisons food boxes platform in six days as a rapid response to the COVID-19 crisis.
“The food and beverage supply chain is experiencing mass disruption,” Evans tells Business Insider. “The Covid-19 crisis forced consumers into lockdown and restaurants to close with unprecedented volumes of produce going to waste, including eggs, milk and onions. The knock-on effect is still present.”
Over the next year Orderly says it will be working closely with a range of enterprises to reduce this waste, using its innovative AI scorecard to tell supply chain users exactly what they can do to reduce waste and therefore increase profit and sustainability. Orderly is also working closely with major grocers and manufacturers on direct-to-consumer offerings, providing additional routes to market both regarding a second wave and to support change in consumer behaviour in the "new normal."