Unveiling the Future through AI: Insights from the 2024 China Catering Industry Summit
In 2024, the catering industry is evolving at a rapid pace, presenting both challenges and opportunities for growth. The China Catering Industry Summit, held from April 8-10, 2024, brought together industry leaders and innovators to discuss the future of the catering industry and explore new possibilities. One of the highlights of the summit was the introduction of OVOPARK’s new and upgraded full-scene store inspection solution for the catering industry, which sparked a thought-provoking dialogue with the attendees.
The current landscape of the chain catering industry is characterized by rapid change and complexity. While major brands are experiencing significant growth and the industry has entered the “4 trillion” era, challenges such as declining customer purchase rate, reduced foot traffic, and intensifying competition. In response to these dynamics, catering industry leaders are actively seeking new strategies to enhance product and service quality, optimize operational efficiency, and carve out a competitive edge in the market.
The summit addressed various pertinent topics, including breakthrough growth models, brand rejuvenation, direct marketing, franchise exploration, strategies to combat industry involution, international expansion, and the integration of AI technology. These discussions aimed to provide valuable insights and innovative solutions for catering enterprises navigating an ever-changing landscape.
At the summit, OVOPARK showcased the innovative application of AI technology in catering enterprise management, highlighting how OVOPARK achieved comprehensive and meticulous store management through digital tools. Notably, OVOPARK presented the AI store inspection system, which seamlessly integrates artificial intelligence with diverse dining scenarios to ensure 24-hour monitoring for food safety. This system effectively identifies and alerts on behaviors that jeopardize food safety, such as non-compliance with ingredient regulations, improper hygiene practices, and other potential risks. This demonstration underscored the potential of digital tools to enhance operational efficiency and uphold the health and safety standards of catering establishments.
Looking ahead, OVOPARK remains committed to innovation and aims to continually provide precise and efficient management tools for catering brands. We seek to collaborate with more catering enterprises to explore new pathways for digital management, contributing to the sustainable growth and advancement of the catering industry.
The 2024 China Catering Industry Summit served as a platform for industry leaders and innovators to engage in critical discussions and explore state-of-the-art solutions, paving the way for a more dynamic and sustainable future for the catering industry in 2024 and beyond.
About OVOPARK OVOPARK (Suzhou) Technology Co., Ltd (OP Retail) headquartered in Suzhou, China, is a national high-tech enterprise. Since our establishment in 2016, we have been committed to revolutionizing technologies for diverse retail store scenarios: people counting, visitor analysis, customer behavior insights, store operation analysis, and more. OVOPARK’s solutions are meticulously designed with a focus on usability, top-tier security, and adaptable scalability. For further details, please visit our website or reach out to us with any inquiries.