Report Reveals ‘Digital Divide’ in F&B Supply Chains
A new industry study suggests food and beverage suppliers simply can’t afford to ignore supply chain modernization.
A new industry study suggests food and beverage suppliers simply can’t afford to ignore supply chain modernization.
The international restaurant-bakery chain recently debuted the cutting-edge AI tool Alain.AI to modernize their recipe database and standardize protocol across 214 locations in 19 countries.
In a new study, participants indicated that AI-generated food images look more appealing than authentic photos.
RSM US LLP principal Christian Winzeler discusses GenAI’s impact on marketing, business operations, and even production formulations.
Note to restaurateurs looking to AI: If you’re going to use robots as servers, make sure the aisles between tables are wide enough to allow a robot and human to pass simultaneously. A few inches …
This week, The Food Institute’s CEO, Brian Choi, and Digital Media Director Susan Choi are attending the hottest trade show in North America – CES 2024, presented by the Consumer Technology Association. This year’s show …
As the calendar turns toward a new year, many consumers continue to watch their budgets closely. And that factor is shaping retail strategies for 2024. “The average American family has eaten into the savings it …
What do food companies need to do to ensure growth in 2024? While there’s no clear-cut answer, many appear focused on deploying artificial intelligence (AI) solutions, automating processes where possible, and maintaining an agile growth …
The race to integrate AI chatbots into third-party food delivery apps is on, but major players like DoorDash and Uber Eats are holding their cards close to their chest, for now. Neither company has publicly …
On a recent earnings call, Yum Brands announced its goal to make 100% of its global system sales digital transactions.
How is the food industry responding to the rapid advancement of generative artificial intelligence? The Food Institute gathered four takeaways from industry trailblazers at the recent Generative AI Food Pioneers Summit, hosted by food and …
We haven’t quite hit the promise of HAL in “2001,” but generative artificial intelligence is poised to revolutionize nearly all aspects of business, including the food industry. A recent report from McKinsey & Co. predicts …
The recent Digital Food and Beverage conference illustrated that first-party data and AI are fast becoming transformative tech drivers of industry evolution.
The future of the food industry is coming into focus as artificial intelligence (AI) grows increasingly popular.
AI is the future of food retail. A recent study found that the global AI-in-retail market was worth $8.4 billion in 2022 and will jump to nearly $46 billion by 2032.
As the post-COVID-19 world embraces digitization, legacy IT systems have become increasingly vulnerable to cyberattacks. As the 2022 Marcum Food & Beverage Survey shows, a majority of respondents reported that their technology systems were insufficient …
How will artificial intelligence, augmented reality, and virtual reality affect the food industry?
RSM US LLP Principal Christian Winzeler explains how digital transformation is more of an organizational change than a one-time practice.
Smart data and inventory management solutions can help account for lost revenue and even provide further sales opportunities.
The food industry is on the precipice of a tectonic shift, according to industry insiders. Technology is the driving force behind the projected change.
In response to labor shortages, some restaurants are turning to AI-powered bots that answer phones and communicate with customers.
CHICAGO – Members of the restaurant industry gathered in Chicago for the National Restaurant Association Show between in late May to taste the latest in culinary trends. Major themes at the show included automation, marketing …
Phil Kafarakis knows the pandemic has created dire situations for many restaurants. At the same time, he’s also encouraged by the resilience displayed by many operators. “I think this pandemic gave people an opportunity to …
The highly anticipated Consumer Electronics Show in Las Vegas had a decidedly different feel this year. The trade show, which wrapped up January 8, was significantly smaller than pre-pandemic days and featured multiple Covid precautions. …
Acquisitions are quickly changing the face of the so-called “smart farming” landscape. The latest example of that evolution comes via Fieldin, the world’s largest smart farm operations management company, which recently acquired agricultural autonomous driving company …
What Vijay Kodali envisioned for years has finally become a reality. “We figure that, if we open our own restaurant and launch it, and make it operational, it’ll be a great story for us to …
Proper inventory management is a top concern for retailers. Out-of-stock items and inefficient replacement strategies can result in lost sales, reduced customer satisfaction, and lower loyalty levels. In response to these challenges, companies like Walmart …
Artificial Intelligence (AI) is turning the world upside down as technology is advancing in leaps and bounds during these turbulent times. And AI is ever present among many areas of the food industry. Firmenich, one …
Many e-commerce businesses are beginning to take advantage of artificial intelligence (AI) to help in searching, sorting, and finding relevant data. Giants such as Amazon, eBay, and Flipkart are standing on the cutting edge of …