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.
