Which data analytics technique has helped major grocery chains reduce food waste by up to 30% through more accurate demand forecasting?

Test your knowledge about how modern food retailers are using data analytics to revolutionize inventory management and reduce food waste. Data analytics has become a crucial tool in the food retail industry, helping businesses make smarter decisions about stock levels, predict consumer demand patterns, and ultimately reduce the massive problem of food waste. How much do you know about these innovative approaches?

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Machine learning algorithms that analyze historical sales patterns, seasonal trends, weather data, and local events to predict precise inventory needs
Blockchain verification systems that track each food item's journey through the supply chain
Social media sentiment analysis that gauges public interest in specific food categories
Augmented reality systems that visualize potential inventory arrangements for maximum shelf efficiency