Wolt

Hands-on product availability

Wolt is a quick commerce platform founded in 2014 in Finland, and came to Israel in 2018. As of January 2024, Wolt operates in over 200 cities across Israel

7,000

Merchants

17,000

Couriers

2M

Users

Automated Orders

Complying omnichannel demand with the brick-n-mortar sales forecast

Customer Satisfaction

What you order is what you get!

Product Availability

Significant improvement in Accuracy.
Decrease product returns & processes

Proud to share

Head of Retail

Israel Avrahami

We strive for the highest standards in terms of user experience. Reducing picking time and improving item accuracy involved in supermarket products is one of our key KPIs, as the share of our activity in the grocery category keeps rising. Algoretail has contributed significantly to these key metrics, helping us provide the best customer experience in Israel.

The key to online sales

Wolt’s platform makes it easy for customers to order whatever they need on one app, for merchants to make additional sales, and for couriers to make meaningful earnings flexibly. To enable this, Wolt develops a wide range of technologies from local logistics to retail software and financial solutions, as well as operates its own grocery stores under the brand Wolt Market.

Wolt’s supermarket category delivers grocery products from various retail chains within urban areas, while maintaining an average delivery time of 30 minutes. Accurate inventory management is an integral part of Wolt’s customer experience standards, as the company cannot control the retailer’s product availability, and as it allows to pre-schedule deliveries.

Algoretail has developed a genuine real-time inventory interface between Wolt and its business partners (merchants), activating product availability in an automated manner. Our system conditions online shopping to the right available amount in each store (e.g. if there are 5 chips packets in store, the system will limit the sale to 5 units), resulting in an immediate increase in product picking accuracy and higher customer satisfaction with minimized product picking time. Furthermore, Algoretail conditions the online shopping to the right available amount.