In the latest Restaurant Industry insights, Citizens M&A Managing Director Howard Lo discusses how artificial intelligence transforms and impacts the restaurant industry. From enhancing operational efficiency and menu innovation to empowering restaurants to deliver tailored customer experiences, AI allows for deeper consumer connections and increases restaurant productivity. Lo states: “Successful AI implementation requires careful planning, investment and collaboration to realize its full potential and effectively navigate potential challenges. As AI continues to evolve, its integration into the restaurant industry will undoubtedly usher in a new era of efficiency, innovation and data-informed decision making.” Find the insights here: http://spr.ly/6046gP9cq. #RestaurantIndustry #RestaurantAI #Franchise #Insights
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Restaurant operators: How are you leveraging AI to help your business? Listen in as BDO Digital USA's Kristie Tiernan shares strategies on how to make it work for you: https://bit.ly/3NcwF3V #Restaurants #GenerativeAI
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Product Leadership | AI & Machine Learning | Generative AI & LLMs | Digital Transformation
Embracing AI-first strategy, Taco Bell and Pizza Hut are redefining the quick service restaurant landscape. This move by Yum's new tech chief underscores the importance of leveraging technology to enhance customer experiences and drive innovation in the food industry. Exciting times ahead for those who embrace the power of AI in their business strategies!! #AI #Innovation #FoodTech
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Once the subject of hypothetical scenarios, AI is now very much a reality for F&B operators. In an industry beset by labour costs and soaring prices, the introduction of this disruptive technology can’t come soon enough. Streamlining laborious processes and driving efficiency, AI is having a transformative impact on numerous operational areas including: ✅ Demand Forecasting ✅ Employee Scheduling ✅ Dynamic Pricing Management ✅ Food Delivery Route Optimisation ✅ Cooking and Assembly Learn more about the main areas in which AI is transforming restaurant operations in part 1 of our two-part series: https://hubs.la/Q02y-J-_0 Part 2 is coming soon. #ai #restaurant #F&B
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VP of Sales realising end to end Workforce & Inventory Management Optimisation in Retail & Hospitality
It may be seen as a 'buzzword' to some but to our customers here at Fourth it is REALITY and more importantly is seeing them leverage a tonne of value & effectiveness. Check out our straight talking infographic to get a glimpse! It's in the comments 🤖 👇
The biggest buzzword of 2023 had to be 'AI', right? 👾 Everyone seems to claim that their tech solution is the next AI superpower. But can they prove they are creating tangible value for real restaurants? At Fourth, our AI Forecasting solution delivers significant uplifts in forecast accuracy and labour productivity for our customers day after day. Still not quite sure about the benefits that AI can bring to your restaurant? Have a read of our infographic to learn more about how AI can supercharge your restaurant scheduling, improve your employee and customer experience, and boost your bottom line. It's already making a difference to many hospitality businesses like Thai Leisure Group, Bone Daddies Group, Greene King, PizzaExpress and many others. 🔗 Link in the comments.
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The biggest buzzword of 2023 had to be 'AI', right? 👾 Everyone seems to claim that their tech solution is the next AI superpower. But can they prove they are creating tangible value for real restaurants? At Fourth, our AI Forecasting solution delivers significant uplifts in forecast accuracy and labour productivity for our customers day after day. Still not quite sure about the benefits that AI can bring to your restaurant? Have a read of our infographic to learn more about how AI can supercharge your restaurant scheduling, improve your employee and customer experience, and boost your bottom line. It's already making a difference to many hospitality businesses like Thai Leisure Group, Bone Daddies Group, Greene King, PizzaExpress and many others. 🔗 Link in the comments.
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Improved customer support, personalized recommendations & 24/7 availability. What's not to love about Voice AI being integrated into restaurant tech? With SoundHound AI's technology, restaurants can provide top-notch customer support, personalized recommendations, and around-the-clock availability. 🔥🔥🔥 Want to learn more about how SoundHound AI can revolutionize your restaurant experience? Let's get in touch! #voiceai #restauranttech #innovation #digitalexperience #customerexperience #ai #generativeai #qsr #restaurantoperations
Sound Hound is Reshaping Voice AI and the Impact On The Restaurant Business
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Financial Reporting, Analysis & Compliance | Dedicated to Driving Compliance Excellence
Interested in learning how AI is changing the #cpg industry, and how your sales team can benefit from using this technology? Chat with one of our specialists!
“We’re currently using AI to identify the most trendy bars and restaurants, because the trendy bars and restaurants create behaviors that then are replicated at other bars and restaurants,” says Mykhailo Maksymenko, #CPG expert & VP of the Salesforce practice at Customertimes. AI is continuing to change the trajectory of the #CPG industry, allowing sales team members to focus on sales-related goals while AI tools do the rest. Take a look at how the beverage industry is uncorking new strategies for success as it eyes a future of ample growth. See link in comments for more 👇 .
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Fourth is leading the way in terms of AI and improving your hospitality business.
The biggest buzzword of 2023 had to be 'AI', right? 👾 Everyone seems to claim that their tech solution is the next AI superpower. But can they prove they are creating tangible value for real restaurants? At Fourth, our AI Forecasting solution delivers significant uplifts in forecast accuracy and labour productivity for our customers day after day. Still not quite sure about the benefits that AI can bring to your restaurant? Have a read of our infographic to learn more about how AI can supercharge your restaurant scheduling, improve your employee and customer experience, and boost your bottom line. It's already making a difference to many hospitality businesses like Thai Leisure Group, Bone Daddies Group, Greene King, PizzaExpress and many others. 🔗 Link in the comments.
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It's fascinating to see how AI transforms the restaurant industry, helping operators tackle challenges and improve service. From addressing labor shortages to enhancing inventory management and streamlining order-taking, AI is proving to be a valuable asset for restaurants. Starbucks' Deep Brew initiative exemplifies this, as it utilizes AI to predict staffing needs, automate scheduling, and manage tasks such as maintenance and inventory checks, enabling restaurants to meet customer demand even with limited staffing. AI's impact on inventory management is equally significant, particularly in the context of sustainability and cost-saving measures. KFC and Taco Bell's adoption of AI-powered systems like Recommended Ordering has led to more accurate inventory predictions, resulting in reduced waste, lower overhead costs, and streamlined operations. By automating inventory management tasks, AI eliminates human error and inconsistency, making the process more efficient and less time-consuming. Chatbots on restaurant websites also provide immediate customer service, alleviating the workload on restaurant teams. As AI and automation continue to shape the restaurant landscape, how do you envision these technologies evolving to further optimize operational processes and enhance customer experiences? Share your thoughts. #AIinRestaurants #RestaurantTech #InnovationInTheKitchen
How AI helps restaurants cut costs and improve service
