The U.S. Department of Agriculture estimates that more than 133 billion pounds of food from stores, restaurants, and homes is wasted annually. While some of that waste is composted, the vast majority ends up in landfills where it causes significant negative impacts on the environment. In addition, food disposal fees, as well as other factors, can adversely affect the bottom line of food-related businesses. This is where technology can play a big part. IoT-based solutions can remedy a lot of the food disposal issues plaguing the industry by offering a smart infrastructure that benefits every stakeholder, government, and business alike.