US Foods (USFD), Avero Debut New Food Cost Managing Solutions

September 22, 2016 10:00 AM EDT
Get Alerts USFD Hot Sheet
Trade USFD Now!
Join SI Premium – FREE

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Today, US Foods and Avero introduced a revolutionary new product that makes the challenging job of running a restaurant kitchen easier – Avero Food Cost Management (FCM). Avero FCM easily integrates with a restaurant’s point of sale system to give a seamless, digital look into food cost data and real-time inventory information. It also provides predictive sales forecasts and purchase quantity suggestions that tell restaurant operators exactly what they need to order, and when they need to order it.

“No restaurateur gets into this business because they love managing inventory and food costs, but this is essential and important work and through our partnership with Avero we are making this work easier,” said Jim Osborne, Senior Vice President, E-Commerce and Business Solutions, US Foods. “We know how difficult running a restaurant can be and that’s why we’ve made bringing leading technology solutions to our customers a priority.”

The US Foods and Avero partnership means that US Foods customers’ product lists and purchase trends are automatically loaded into Avero FCM based on historical purchases and invoices. All new US Foods orders can be placed quickly through Avero FCM, and customers’ inventory is automatically updated with the new purchases once they are received, saving operators hours each week. Additionally, the new product streamlines inventory counting and waste tracking – two areas where operators say they need help.

“At Avero we pride ourselves on understanding what restaurateurs want before they even know they want it, and we’ve taken that to the next level with our new Food Cost Management solution,” said Damian Mogavero, CEO and Founder of Avero. “Avero FCM adds tremendous value to the Avero product set, and our integration with US Foods gives restaurant operators across the country the ability to revolutionize their purchasing and inventory, helping them get back to doing what they love.”

Avero Food Cost Management is an affordable solution that can benefit all US Foods customers. Customers who already have or sign up for the Avero Gold package get FCM for free. To learn more visit www.usfoods.com/avero.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Corporate News

Add Your Comment