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Energy Monitoring for Grocery Stores - Leverege

The Leverege Energy Monitoring solution empowers grocery retailers to reduce energy consumption by 10%-30%, eliminate equipment downtime and lost inventory, and automatically audit energy usage to facilitate training and upgrades.

By: Leverege

Last Updated: October 18, 2024

Availability by Region:

Worldwide
Leverege Logo

Energy Monitoring for Grocery Stores - Leverege

The Leverege Energy Monitoring solution empowers grocery retailers to reduce energy consumption by 10%-30%, eliminate equipment downtime and lost inventory, and automatically audit energy usage to facilitate training and upgrades.

By: Leverege

Last Updated: October 18, 2024

Availability by Region:

Worldwide

Optimizing Energy Monitoring in Grocery Retail

In the high-energy-consuming environment of grocery retailing, where stores average about 50 kWh per square foot annually, energy monitoring for grocery stores becomes crucial. The bulk of this energy use is attributed to refrigeration and lighting, which, combined, are responsible for over half of a store's total energy consumption. Inefficiencies in these areas, such as the use of outdated refrigeration units or unnecessary lighting, can dramatically increase operational costs, sometimes by hundreds of thousands of dollars each year.

Tailored for the unique needs of grocery retailers, the Leverege Energy Monitoring solution marks a significant stride towards optimizing energy monitoring for grocery stores. It's engineered to enable grocery retailers to achieve substantial energy consumption reductions, ranging from 10% to 30%. This system excels in identifying excess energy usage and pinpointing inefficient equipment contributing to soaring costs. By shedding light on these inefficiencies, it empowers grocery stores to take decisive actions, such as updating old systems or refining energy usage patterns, cutting down on unwarranted energy expenses.

Moreover, this solution is pivotal in mitigating equipment downtime—a critical issue for retailers depending on refrigeration to preserve perishables. It ensures refrigeration units are running efficiently, thereby minimizing the risk of inventory loss due to equipment malfunctions. Additionally, the Leverege Energy Monitoring solution incorporates features for automatic energy usage audits, offering invaluable insights for continuous management. This allows for thorough reviews of energy consumption that can drive staff training and inform decisions on future equipment updates or adjustments.

The Leverege Energy Monitoring solution provides grocery retailers with an all-encompassing tool for effective energy management. By leveraging in-depth insights into energy usage patterns and equipment efficacy, grocery stores not only stand to realize significant cost savings but also boost their operational efficiency and contribute to environmental sustainability.

Benefits

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Reduce Energy Consumption By 10%-30%

Quickly Identify Issues to Reduce Overall Energy Consumption: Leaving the lights on can have a significant cost impact. Energy STAR estimates that just $1 in energy savings is equivalent to increasing sales by $59 in grocery stores.

Improve Efficiency of Equipment with Predictive Maintenance: Energy monitoring enables equipment to be better maintained with predictive maintenance, and well-maintained equipment operates more efficiently and consumes less energy.

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Eliminate Equipment Downtime and Lost Inventory

Automatically Identify Anomalies and Generate Alerts: Enable maintenance teams to service equipment before it goes offline, mitigating costly downtime and lost inventory.

Allocate Your Human Capital More Effectively: Typically, maintenance teams (whether in-house or a third party) will perform preventative maintenance on a schedule. Predicting issues before they happen enables much more effective use of human capital and reduces overall costs since emergency repairs are expensive.

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Automatically Audit Energy Usage for Training & Upgrades

Identify and Mitigate Peak Energy Demand to Get Cost Savings: Reducing peak demand can also lead to financial incentives from utilities.

Increase Energy Efficiency Through Effective Training: Energy monitoring can also aid in the proper training of staff regarding which equipment and activities are consuming the most energy.

• Replace Inefficient Equipment to Decrease Costs: Conducting an energy audit on existing equipment and circuits helps to identify areas that need the most attention and upgrading.

More Details

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Retail IoT Solutions Powered by Enterprise-Grade & Future-Proof IoT Stack

Building everything from scratch means slower time-to-market, increased costs, and greater risk. Leverege's highly flexible cloud-native software stack accelerates the development, deployment, and management of your retail IoT solution while reducing the costs and overhead of ongoing management.

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Deploy Retail IoT Solutions Your Way

You don't need to sacrifice customizability to get speed and scalability, you can have all three. The Leverege IoT Stack enables you to flexibly deploy your retail IoT solution based on the needs of your business and the use case.

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An Intelligence-First Approach to Retail IoT Solutions

Enhance your decision-making processes by utilizing enterprise AI/ML pipelines for predictive analysis and optimizing workflows. Simplify the management of alerts, analytics, and events using a no-code rules engine. Without any coding, design custom dashboards and data visualizations, and convert sensor data into actionable insights using a dynamic application builder, thus refining your operations.

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Inherently Secure Solutions

Every Leverege solution meets the utmost security standards, consistently subjected to external audits and penetration tests to guarantee adherence to current regulations. Leverege integrate security at every phase of the development and deployment process for IoT applications created using the Leverege IoT Stack.

About Leverege

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Proven physical operations intelligence solutions (IoT+AI) for large enterprises

Leverege is a physical operations intelligence company, empowering large enterprises to deploy proven IoT+AI solutions built on a highly configurable software stack so you can minimize risk, accelerate time-to-value, and tailor solutions to your specific business needs.

Company Size

1-50

Founded

2014

Locations

Rockville Maryland, USA

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