Business
From the Farm to the Frosty®: Palantir and Wendy’s Partner on AI and Supply Chain Digitalization
DENVER & DUBLIN, Ohio--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems, and Wendy’s Quality Supply Chain Co-op
About this update from Wendy's Company (the)
[{"type":"text","content":" DENVER & DUBLIN, Ohio--(BUSINESS WIRE)--\nPalantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems, and Wendy’s Quality Supply Chain Co-op (QSCC) today announced they have partnered to accelerate digital transformation, AI adoption and operational decision making across the Co-op.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807171687/en/\nThis partnership will bring QSCC towards a fully integrated Supply Chain Network with opportunities for AI-driven, automated workflows as well as a future Wendy’s connected ecosystem of suppliers, distributors and restaurants. The cost savings and efficiencies from transforming QSCC into a digital forward company will benefit all Wendy’s operators it serves. QSCC, the second largest purchasing cooperative in the Quick Service Restaurant (QSR) industry, services Wendy’s more than 6,400 restaurants in the United States and Canada.\n\n\nAt first, QSCC will be moving onto Palantir’s Artificial Intelligence Platform (AIP) to improve the scale and speed of decision-making across the Co-op. The platform is designed to connect disparate data sources into a single common operating picture, enabling both technical and non-technical users to quickly make decisions, evaluate their efficacy, and custom build modular applications.\n\n\nIn a second phase, QSCC will be using Palantir AIP for supply chain management and waste prevention, including Dynamic Inventory Management, Variance and Gain Information for Restaurants, and Demand Deviation and Allocation. Palantir’s software enables organizations to bring the power of large-language models and other cutting-edge AI to their enterprise networks, private data, and core operations - with maximum security and trust - to help generate cost savings and efficiencies across the supply chain.\n\n\n“Together with Palantir, we’re unlocking the inherent power of the supply chain ecosystem to drive new and compelling sales and operating efficiencies that will provide Wendy’s with a distinctive edge in the industry,” said Pete Suerken, QSCC President and CEO. “The sophisticated and nimble AI-powered planning and fulfillment system we’re developing will serve as the cornerstone for our state-of-the-art interconnected network.”\n\n\n“We’re proud to partner with Wendy’s QSCC and support...