July 22, 2024

Streamlining Restaurant Inventory with Data Mapping with Bill Lindsey of COGS-Well

37 minutes

Interview Takeaways:

Food Cost Management with COGS-Well – Bill Lindsey and partners made the significant decision to move their inventory system to a browser-based platform with COGS-Well, which was important in adapting to new technologies to stay relevant and improve business operations.

Streamlining Restaurant Inventory Management – COGS-Well streamlines restaurant inventory setup by using data mapping, or AI, to quickly build an inventory database from invoices, eliminating the need for manual input. This process allows restaurants to set up their inventory in a couple of days and ensures accuracy through a thorough audit process.

The Promise of AI – Bill Lindsey believes the promise of AI lies in its ability to integrate various applications and their data meaningfully, eliminating the need for isolated apps. He finds the development of personal AI compelling, as it can understand individual needs and provide tailored information to enhance job performance, similar to how Steve Jobs anticipated consumer desires.

Episode Links:

COGS-Well Online: https://www.cogs-well.com/

Bill Lindsey LinkedIn: https://www.linkedin.com/in/bill-lindsey775/

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