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National Restaurant Association Show 2023: May 20-23 - Chicago Booth # 6064
MarketMan, a global leading platform for foodservice inventory management and purchasing , is exhibiting at the National Restaurant Association show in Booth #6064. We are demonstrating new predictive analytics features that help take COGS management to an entirely new level of efficiency and profitability.
MarketMan has revolutionized the restaurant industry with its state-of-the-art software application that integrates with many restaurant point-of-sale systems. Our platform helps restaurant owners and operators streamline their operations, reduce costs, and improve their bottom line. It offers features such as inventory management, purchase orders, recipe costing, food waste tracking, and much more.
MarketMan is committed to helping restaurant owners and operators succeed by providing them with the tools they need to make informed business decisions. Our user-friendly software allows restaurateurs to track their inventory levels in real-time, forecast demand, and automate ordering to reduce waste and control costs.
At the National Restaurant Association show, we are showcasing our latest features and innovations. Our team of experts will be available to provide live demos and answer any questions you may have about our software.We would love to speak with you about MarketMan and how our software can help restaurant owners and operators improve their business operations. Please visit us at Booth #6064 during the National Restaurant Association show to schedule an interview or learn more about our software.
Sincerely,
Chuck Sarosi
SVP Marketing and Business Development, Meal Ticket
Product Name: MarketMan
Overview: MarketMan, powered by Meal Ticket, is a leading cloud-based foodservice inventory management and purchasing platform designed to automate back-of-restaurant operations. Our Software as a Service (SaaS) technology solutions empower foodservice businesses to efficiently manage their inventory, automate procurement processes, and gain business intelligence to optimize operations, reduce Cost of Goods Sold (COGS), and increase profitability.
Key MarketMan Offerings:
Key Statistics:
MarketMan Differentiators:
MarketMan Awards:
Contact Information:
Website: www.marketman.com
Email: info@marketman.com
Phone:
Meal Ticket / MarketMan Media Contact:
Chuck Sarosi, VP of Marketing and Business Development, Meal Ticket
Email: csarosi@mealticket.com
Phone: +1 (610) 425-2453
LinkedIn: linkedin.com/in/coffeeman
Social Media Channels:
Wink Jones, CEO of Meal Ticket
Wink Jones joined Meal Ticket as CEO in 2011, a year after the company was founded by Brian Konrath in 2010 to offer digital transformation software for the foodservice supply chain. This was at a time when foodservice distribution processes were still being done with only handwritten carbon copy orders and receipts.
Prior to Meal Ticket, Wink had a successful background in technology company go-to-market management. He had spent the previous ten years managing the launch of early-stage software companies in a variety of verticals – including healthcare, insurance, SaaS, and design. These companies were in the investment portfolios of Lacuna LLC where Wink was managing partner and co-founder.
Since then, with Wink at the helm, Meal Ticket has continued to roll out advances and expand its product portfolio in essential software for the entire foodservice supply chain. The company has grown to 150 employees on five continents providing software solutions to over 200 food distribution centers and more than 10,000 non-commercial and commercial foodservice providers in 55+ countries and eight languages.
Connect with Wink at linkedin.com/in/wink-jones-ba58b0.
Paul Snelson, Chief Revenue Officer at Meal Ticket
Paul Snelson has over 25 years in sales with leading SaaS and high-growth companies. As Chief Revenue Officer at Meal Ticket, Paul leads the sales, partner, marketing, and customer success teams.
Prior to Meal Ticket, Paul was the Vice President of Sales for six years at TouchBistro, a leading point of sale and restaurant management system provider. Paul grew the TouchBistro sales organization from 10 to over 250 professionals, increased revenue 15 times, and improved average deal size 4 times.
Earlier, Paul was Vice President of Commercial Sales with Salesforce and was responsible for the small and midsize business (SMB) market in the Northeastern United States.
Paul can be reached at https://www.linkedin.com/in/paul-snelson-02510b/.
MarketMan Announces Next Generation of Premium Features Using Predictive Analytics for Food Service COGS Management
MarketMan’s New Suggestive Ordering and Cost of Goods Sold Over Time will be demonstrated at the National Restaurant Association Show Booth #6064.
NEW YORK and BOISE — May 20, 2023 — MarketMan, a comprehensive SaaS food service inventory and purchasing platform, today announced the launch of its next-generation premium features utilizing predictive analytics that provide restaurants with automated management of their cost of goods. The new features will be demonstrated at the National Restaurant Association Show in Chicago from May 20 to 23.
“Predictive analytics is one of the many innovative technology advances available to run a foodservice more efficiently that has not yet been widely adopted. It is like a computerized crystal ball that leverages historical data and real-time events to predict future outcomes,” says Wink Jones, CEO at Meal Ticket. “Using this advanced technology, MarketMan takes the enormous amount of data collected from various sources, including POS and other 3rd party systems, and identifies patterns to enable owner/operators to make data-driven decisions about pricing, menu development, and inventory management, as well as future costs and demand. Predictive analytics can be a food service provider’s secret sauce for success in the constant balancing of inflation, supplier cost, and labor rate fluctuations against their customers’ palates and willingness to spend.”
New Premium Feature - Suggestive Ordering
Suggestive Ordering utilizes predictive analytics to optimize inventory levels by anticipating demand without overstocking or understocking.
"Suggestive Ordering is a premium feature that uses advanced algorithms to forecast demand and automate inventory management with an enormous quantity of calculations based on sales, recipes, reported waste, and trends,” said Noam Wolf, General Manager at MarketMan. "With Suggestive Ordering, foodservice providers will not only see tremendous time savings and fewer errors in inventory management, but also tremendous improvement in food waste reduction.”
New Premium Feature - Cost of Goods Sold Over Time
Cost of Goods Sold Over Time quickly identifies inventory and menu efficiency trends across multiple periods to drive COGS optimization and affect overall profitability. Tracking COGS is important, but tracking it over time is required in order to improve it.
With Cost of Goods Sold Over Time, MarketMan now makes it easier for foodservice providers to view COGS data compared over several time frames and between multiple locations at once.
“The report has been uniquely designed to allow slicing and dicing of data in multiple category and item levels, while displaying an easy-to-understand comparative view. This capability allows single or multi-location restaurant business managers to clearly identify opportunities to lower COGS and become more profitable,” says Wolf.
Easy to extend tech stack
MarketMan is integrated with an extensive list of Point-of-Sale solution partners so it is easy and cost-effective for most food service providers to add Suggestive Ordering and Cost of Good Sold Over Time to their tech stack for more advanced, automated operations.
MarketMan continues to add the most widely used, best-of-breed restaurant technology to its partner program including POS and accounting applications as well as other restaurant technology innovators. For a list of MarketMan partners, please visit: https://www.marketman.com/partners/
The new MarketMan premium features will be showcased at the 2023 National Restaurant Association Show at McCormick Place in Chicago from May 20 to 23. Stop by booth #6064 for more product details and a demonstration.
About MarketMan
MarketMan is a cloud-based inventory management and purchasing platform that simplifies back-of-house operations, streamlining everything from inventory to budgeting, reporting, supplier management, and food costing. MarketMan is part of the Meal Ticket product portfolio.
About Meal Ticket
Meal Ticket is a leading software provider in the foodservice industry, offering a portfolio of SaaS tools for distributors, manufacturers & restaurant operators. The company’s products enable its clients to deliver greater profits with a suite of software solutions that increase operational efficiency, maximize complex earned income programs, target new business, and elevate operator and supplier engagement. Their products offer best-in-class business intelligence tools combined with industry expertise, ongoing training and support. Meal Ticket was founded in 2011 and is headquartered in Boise, Idaho, with offices in Colorado, Florida, NYC, and Israel. For more information, visit www.mealticket.com.
Meal Ticket Contact
Chuck Sarosi, SVP, Marketing & Business Development
csarosi@mealticket.com