Closed Monday

AI-Driven Demand Prediction in the Food Industry w/ Matt Wampler, Co-Founder & CEO - ClearCOGS


Listen Later

  • Summary
  • In this conversation, Kyle sits down with Matt Wampler, Co-Founder and CEO of ClearCOGS. . Matt and Kyle discuss the resistance to embracing data analytics in the hospitality industry and the role of AI, particularly ChatGPT, in demystifying AI and making it more accessible. ClearCOGS is a technology company that provides AI-driven solutions for the restaurant industry. The company helps restaurants optimize their operations and make data-driven decisions to improve profitability. ClearCOGS offers a user-friendly platform that integrates with existing POS systems, such as Toast, to provide real-time insights and reporting. The AI technology analyzes historical data, trends, and external factors to forecast demand and optimize inventory management. ClearCOGS aims to simplify technology for restaurants and be their co-pilot in running efficient and successful operations. The company envisions a future where AI is seamlessly integrated into the hospitality industry, allowing restaurant owners to focus on creating memorable customer experiences.
    Takeaways
    Balancing parenting and work can be challenging, especially in industries like the restaurant business.
    Data analytics can greatly benefit the restaurant industry by providing insights and improving decision-making.
    There is resistance to embracing data analytics in the hospitality industry, but AI, such as ChatGPT, is helping to demystify and make it more accessible.
    AI has the potential to revolutionize various aspects of daily life, including writing children's stories. ClearCOGS provides AI-driven solutions for the restaurant industry to optimize operations and improve profitability.
    The company's platform integrates with existing POS systems, such as Toast, to provide real-time insights and reporting.
    ClearCOGS uses AI technology to analyze historical data, trends, and external factors to forecast demand and optimize inventory management.
    The goal is to simplify technology for restaurants and be their co-pilot in running efficient and successful operations.
    Exclusive Partners
    Want to learn more about Marqii? Check them out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and instantly level up your digital presence.
    Hate paying sales tax? Let DAVO do it for you, so you can pay on time, and sleep at night. Try ⁠⁠⁠⁠⁠⁠⁠DAVO⁠⁠⁠⁠⁠⁠⁠ for FREE!
    Connect with Closed Monday
    Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@closedmondaypodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
    Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
    Special Offers
    Take a screenshot of yourself listening to the show and tagging @closedmondaypodcast. I'll send you a FREE Closed Monday t-shirt.
    Subscribe & Share
    If you found value in this episode, please subscribe and share it with your friends and network. Your support helps us bring you more actionable insights every week!


    ...more
    View all episodesView all episodes
    Download on the App Store

    Closed MondayBy Kyle Inserra

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    31 ratings


    More shows like Closed Monday

    View all
    The Joe Rogan Experience by Joe Rogan

    The Joe Rogan Experience

    223,678 Listeners

    Smart Pizza Marketing Podcast by Smart Pizza Marketing

    Smart Pizza Marketing Podcast

    123 Listeners

    San Diego Magazine's Happy Half Hour by San Diego Magazine

    San Diego Magazine's Happy Half Hour

    163 Listeners

    RESTAURANT STRATEGY by Chip Klose

    RESTAURANT STRATEGY

    151 Listeners

    All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

    All-In with Chamath, Jason, Sacks & Friedberg

    8,692 Listeners

    FULL COMP: The Voice of the Restaurant Industry Revolution by Josh Kopel

    FULL COMP: The Voice of the Restaurant Industry Revolution

    141 Listeners

    PBD Podcast by PBD Podcast

    PBD Podcast

    3,876 Listeners