Giving Near-Expired and NG Products Another Chance | Knowledge Hub | Circle Economy Foundation
imageimage
image
Business case
Giving Near-Expired and NG Products Another Chance
0
0

Tasteme has engaged in cross-industry cooperation to create a near-expired product supply and demand matchmaking platform, establishing a win-win situation for stores, consumers, Tasteme, and the environment.

Problem

According to estimates, in 2020, Taiwan generated a total of 3.6 million tons of food waste, with about two-thirds of the waste being generated at the retail end. In particular, products from bakeries have a very short shelf life, requiring their prompt consumption. Other short shelf life products in the non-catering industry are also facing high inventory pressure.

Solution

Creating a near-expired product platform

Tasteme has created an online platform that allows stores in the baking industry/buffet industry/retail and wholesale industry/beauty care products/pet food and other industries to share nearexpired products on the platform, offering an alternative third option beyond disposal or donation. Consumers can purchase high-quality products at more favorable prices, contributing to the reduction of food waste and carbon footprint.

Establishing more convenient pick-up channels

In addition to self-pickup, other pickup methods are available to consumers such as through vending machines, smart lockers, home delivery, etc., thereby increasing the flexibility of picking up goods and making it easier for consumers to accept this service model.

Outcome

▪ Reduced food waste by 152,144 kilograms, equivalent to 380,360 kilograms of CO2e [1].

Additional information

[1] Statistics were compiled from April 2021 to June 2024.


Partners:

▪ Bakeries Operators

▪ Self-Service Buffet Operators

▪ Retail And Wholesale Distributors

▪ Beauty Care Product Vendors

▪ Pet Foods Suppliers

Relevant links
Organisations
Tasteme
Location
Key elements of the circular economy
Industries
Sustainable Development Goals (SDGs)