Wages and workers. Human capital and profits. How will the “Fight for $15/hr” impact the restaurant sector? And what role will automation play in its future? We are pleased to present this session that builds upon our proprietary analysis with perspectives on converging technologies that are yielding faster, cheaper, and more dynamic applications for the quick-service industry.
Erika Karp, Chief Executive Officer
Mike Shavel, CFA, Global Thematic Analyst
Cornerstone Capital Group
Juan Martinez, PhD, Principal and Founder of PROFITALITY, an industrial engineering consultancy
Factors that are driving the automation conversation:
• Timing and scope of automation technology
• Reducing costs versus driving sales
• Investment implications of labor productivity, current compensation policies, and technology initiatives
Juan Martinez, PhD, is a 31-year food service veteran and founder of an industrial engineering consultancy to food service brands. A licensed professional engineer with a PhD in ergonomics, Martinez is Principal and Founder of PROFITALITY®, an industrial engineering consultancy. The firm helps multi-unit foodservice brands improve their “unit economics” to support brand growth by streamlining capital and operating costs to deliver better customer service, product quality and consistency. Martinez started his restaurant engineering career at Burger King, where he spent 18 years.
Read Cornerstone’s Flagship Report on The Economics of Automation in Quick Service Restaurants