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The Future Of Restaurant Technology And The Role Of AI

From robots that take your order to automated self-pay kiosks, restaurant technology continues to evolve. Raj Suri, the CEO of Presto and co-founder of Lyft, discussed the future of restaurant technology in an interview. Located in Silicon Valley, Presto offers a front-of-house platform strategy to restaurant operators. Applebee’s, Red Lobster and Outback Steakhouse use the…

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The Future Of Restaurant Technology And The Role Of AI

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From robots that take your order to automated self-pay kiosks, restaurant technology continues to evolve. Raj Suri, the CEO of Presto and co-founder of Lyft, discussed the future of restaurant technology in an interview.

Located in Silicon Valley, Presto offers a front-of-house platform strategy to restaurant operators. Applebee’s, Red Lobster and Outback Steakhouse use the company’s products, and Presto recently raised $30 million in funding.

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Food plants are borrowing the “expand capability” playbook from heavy manufacturing, one acquisition and one new dairy site at a time

Food plants are borrowing the “expand capability” playbook from heavy manufacturing, one acquisition and one new dairy site at a time

Food manufacturing is adopting strategies from heavy manufacturing to enhance capabilities. Revolution Foods' acquisition of Ardella's and fairlife's new facility in Webster, NY, exemplify this trend. Both moves focus on expanding capacity and improving operational efficiencies.

  • 01Food plants are leveraging acquisitions to expand capabilities, akin to practices in heavy manufacturing.
  • 02The opening of new facilities is aimed at increasing operational capacity and efficiency.
  • 03Acquisitions and site expansions are driven by the need for tighter specifications and advanced capabilities.

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Food processors’ August deal and capex moves are converging on one constraint: contracted capacity has to flex with menu change

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The convergence of food processors' business moves in August highlights a key operational challenge: the need for flexible contracted capacity to accommodate menu changes. Revolution Foods acquired Ardella's, while ADM invested $16 million in a Kentucky colors expansion. These actions emphasize the importance of aligning capacity planning tightly with demand forecasting.

  • 01Food processors must adapt contracted capacity to accommodate changes in demand.
  • 02Revolution Foods' acquisition and ADM's expansion are both responses to evolving market needs.
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Tim Garrett - The Business Case for Frozen Beverages

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Frozen beverages are gaining traction in the food and beverage industry due to their profitability and consumer appeal. They offer a unique selling proposition, helping businesses differentiate in the competitive market. Tim Garrett discusses the business advantages these beverages bring to the table.

  • 01Frozen beverages can serve as a competitive differentiator for businesses.
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