Is Supply Chain Data Imperative to Solving the Global Food Crisis?
The world as a whole is experiencing a food crisis which is due to food waste, shortage of goods, and increased costs from inflation. That said, the food supply chain is able to exponentially reduce food waste.
Is Autonomous Technology the Future of Restaurants?
Innovation is always happening – especially in the tech world. Recently, technology and the foodservice industry have made major waves, including autonomous delivery.
Food Waste and the Supply Chain
Currently, 1.6 billion tons of food is wasted or lost each year. That said, the supply chain is a large culprit of that.
The Future of Technology and the Supply Chain
With today’s technology, blockchain and artificial intelligence are some of the unique ways to achieve supply chain solutions.
Generational Differences Impact the Way Customers Prefer to Order and Dine
According to a recent study by Near, 72% of respondents shared that they still like the more traditional waiter experience, while 17% liked QR code ordering and 18% preferred kiosk ordering.
The Global Paper Cup Market Is Expected to Reach $37.2 Billion by 2032
According to a recent report by Future Market Insights, the global paper cup lids market is expected to reach $37.2 billion by 2032 growing at a moderate CAGR of 3.9% overtime.
New China-Scotland Direct Ocean Freight Line Set to Sail
According to the BBC, “The new service aims to cut the journey time from about 60 days to an estimated 33 by eliminating unscheduled port congestion delays in Rotterdam.”
Dine-In at Restaurants Is on the Decline, While Take-Out Rises Up
According to a recent study by Presto Pulse, 25% of those surveyed are more likely to use dine-in compared to last year, and 46% are more likely to order takeout
Delivered July 16th
Recently, there has been a decrease of food delivery app usage. According to a recent survey by eduMe, consumers have higher expectations when they order food for delivery. In fact, 1 in four Americans will request a refund after having a negative experience from their delivery experience.
Delivered July 14th
Restaurant menu prices have continued to reach new highs due to inflation. According to the Bureau of Labor Statistics, full-service meal prices increased 8.9% while quick-service menus increased 7.4%. Customers and restaurants across America are feeling the inflation pressure.
