AI Round Table

Last week, we had the privilege of hosting a round table with SolvedBy.Ai, connecting with leaders from various hospitality brands who shared their current challenges.

A challenger mindset was evident, with key themes similar to those we're regularly discussing with our clients:

📈 Growth is Key: Short-term cost-cutting measures provide immediate relief, but a sustainable business requires investment for customer growth to offset expenses for the future.

💱 Streamlining Processes: Identifying savings beyond payroll; value stream mapping complex supply chain processes can reveal margin inefficiencies and reduction of operational tasks.

🤖 Leveraging Technology: Tools that forecast machine breakdown (such as McDonald's use of edge computing with Google Cloud), or use robotics for back-of-house tasks, delivering efficiency & consistency .

⚖️ Prioritisation: Additional trade driving activity can overwhelm teams if 'Impact vs. Effort' isn't considered to prioritise initiatives that matter most.

🦸 Operational Efficiency: Automation and task management apps can alleviate and streamline repetitive admin, allowing teams to focus where service and creativity are required.

At Trice, we’re always curious to discover further opportunities and methods to achieve sustainable growth. Let’s continue to engage and learn from one another!