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

Closed Monday

• 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: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[e-mail]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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!