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Slate Money

Slate Money: Food: Technology

Slate Money

Slate Podcasts

Business, Investing

4.11.1K Ratings

🗓️ 24 March 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

In this Slate Money mini-series, Felix Salmon talks to guests about the economics of food. Jordan Thaeler of WhatsBusy joins Slate Money Food to talk about the tech and data side of the food biz. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello! Welcome to Slate Money Food,

0:16.0

Special Slate Money Mini Season on the economics of the food industry.

0:22.0

This week we are talking about technology. Yes, technology has

0:26.2

invaded even the food industry which is on some level depressing. We're going to talk

0:31.2

about just how depressing that is and just how sophisticated and

0:34.2

complex the tech stack is in today's restaurant industry with Jordan Thaler.

0:39.4

Hi Jordan.

0:40.4

Day Felix.

0:41.4

Tell us a little bit about who you are and what you do. So I started a company in 2011 that

0:46.8

ingest point of sale data from tens of thousands of restaurants and we use data science to prescriptively fix problems in the restaurant business.

0:55.8

And what's the name of the company?

0:57.8

What's Busy?

0:58.8

So Jordan Taylor from What's Busy, coming up on slate money food.

1:04.8

So Jordan you are an expert on how on delivery which is this new big thing which is

1:12.0

only getting bigger and more timely right now.

1:15.0

The expert is maybe not the right term, but we see a lot of data.

1:19.5

We definitely see a lot of data working with a lot of POS companies. Okay, so first, what is a POS company?

1:25.0

The POS is an acronym for point of sale.

1:27.4

I know you were thinking something else.

1:29.0

And it's the nerve center of a emergence operation.

1:34.3

So traditionally it's where all the sales data is stored.

1:37.2

It's where employees clock in and clock out.

...

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