𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐜𝐨𝐥𝐨𝐫-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐥𝐚𝐛𝐞𝐥𝐢𝐧𝐠 𝐬𝐭𝐢𝐜𝐤𝐞𝐫𝐬 𝐭𝐡𝐚𝐭 𝐡𝐞𝐥𝐩 𝐫𝐞𝐝𝐮𝐜𝐞 𝐰𝐚𝐬𝐭𝐞 𝐟𝐫𝐨𝐦 𝐬𝐮𝐩𝐞𝐫𝐦𝐚𝐫𝐤𝐞𝐭𝐬.
Supermarkets face challenge of liquidating the stocks before they shoot the expiry date by promoting these products by offering higher discounts which would need the staff to manually paste the stickers making it time consuming and laborious.
Realizing this problem, students from National Taipei University of Technology developed Barcodiscount which uses color-changing ink technology and displays different discounts as expiration date nears.
This color changing discount was found to reduce the waste by ~33% and also increase the revenue by around 6.3% making it really a win-win to all.
Kudos to 3 students for thinking out of the box on such an Innovative solution tackling food wastage.