Bon Appetit Online Sat, 09 Oct 2021 16:24:40 +0000 en-US hourly 1 Bon Appetit Online 32 32 GlobalFoundries IPO is perfectly timed Sat, 09 Oct 2021 00:00:00 +0000

IT LOOKS the perfect time to be a chipmaker. The semiconductor market continues to grow rapidly. By the end of the decade, it will exceed $ 1 billion globally, up from $ 500 billion this year, according to forecasts VLSI Research, an analyst firm. Demand continues to exceed supply; the chip shortage is now expected to last until 2023, crippling factories of anything that needs processors, which these days is basically everything. Western governments have allocated billions of dollars to building chip manufacturing capabilities within their borders to become less dependent on Asian suppliers. America alone plans to spend $ 52 billion over the next five years.

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In this context, the IPO (Initial Public Offering) from GlobalFoundries, a subcontractor that manufactures chips for other companies, seems a safe bet. The company, which unveiled its prospectus on Oct. 4 and is expected to be listed soon, is the world’s fourth-largest chip foundry by revenue. The typical characteristics of a Initial Public Offering– a low offer price and a small proportion of shares available to public investors, which have yet to be decided – should ensure a healthy “pop” of the share price at the start of trading. But GloFo, as semiconductor enthusiasts affectionately call the company, is also an example of how tough the chip industry is, despite the favorable climate.

GloFo is a consolidation product, caused by the ruthless economics of the industry which demands ever smaller silicon grooves and therefore ever more expensive manufacturing plants (or “fabs”). The most advanced of them now cost over $ 20 billion a piece. After a spin-off in 2009 from AMD, which designs processors for personal computers and servers in data centers, GloFo subsequently acquired Chartered Semiconductor, another foundry, and the chipmaking company of IBM, a supplier of assorted information technology articles.

With billions from Mubadala Investment Company, a sovereign wealth fund in the United Arab Emirates, which currently owns 100% of GloFo, the company has tried to follow its rivals in the race to forge cutting-edge electronic circuits. In 2018, she gave up and began to target the lower end of the market. These are semiconductors that go into products like cars and machine tools, so they don’t need the highest performing processors, rather than data centers or smartphones. That niche still represents a $ 54 billion market, according to Gartner, another market researcher.

Today, GloFo operates a handful of factories around the world, employs approximately 15,000 people and has a 7% market share in the chip manufacturing industry. Most of its clients, including AMD, Broadcom, another American chip designer, and NXP, a Dutch, are “single-source”. This means that their chips cannot be made by other foundries, such as Samsung of South Korea and especially Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, which controls more than half of the market.

The size difference is a big part of why TSMC is extremely profitable while GloFo struggles to generate cash. In the first six months of this year, the Taiwanese giant posted sales of $ 26 billion and profits of $ 9.8 billion. Although GloFo’s revenue reached $ 3 billion in the same period, up almost 13% from a year ago, and its accounting losses have narrowed, it still lost $ 300 million between January and June.

Investing in GloFo will therefore be a bet that the company can ride the current tailwinds in its industry and start making a lot of money. But it may also be a gamble that another company will grab GloFo for itself. In July, it emerged that Intel, the world’s largest chipmaker by revenue, was in buyout talks with the company. These came to nothing because the parties could not agree on a price. Once GloFo is listed, its value should be clearer. Negotiations could resume. Then again, with GloFo’s figures now public, Intel may have a hard time convincing its shareholders that it has to pay the $ 25 billion GloFo is expected to recover.

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This article appeared in the Business section of the print edition under the headline “A Golden Age”

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Calgary foodservice company does its part to support intensive care staff during Thanksgiving Fri, 08 Oct 2021 21:34:23 +0000


J’Val Shuster is the owner of Devour Catering in South East Calgary.

Ten days ago, Shuster and his team came up with the idea to help healthcare workers this Thanksgiving by preparing and delivering prepackaged turkey dinners.

“We have launched a care package called the ICU Care Package,” said Shuster. “We circulated it to our subscribers in our newsletter last Wednesday, so ten days ago, and the response has been truly amazing.”

This Sunday, Shuster plans to bring 250 Thanksgiving dinners to Calgary hospitals.

“The program has really taken off, so we will be bringing hundreds of meals to healthcare workers across Calgary,” she said.

Shuster said the majority of Devour Catering events have been canceled due to COVID-19 restrictions. Although discouraged, she said she knew her and that her team could do something positive.

“We have an incredible ability to feed and nurture people, so how could we do that and show our gratitude and support at the same time? “

The program has been so popular that Devour has had to freeze orders for now.

“We had to take a break on Wednesday,” Shuster said. “To date, we have purchased over 6,500 meals.

With the overwhelming success of the initiative, Devour will be delivering meals well beyond Thanksgiving Sunday.

“We are going to expand them because we understand from talking to people in hospitals that they not only need support in a crisis situation, but they will need longer term support.”

“They have been working hard for a very long time,” she said. “We are happy to be able to extend it for a few more weeks.”

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Upstart and artificial intelligence: a match made to disrupt Fri, 08 Oct 2021 18:22:00 +0000

Holdings reached (NASDAQ: UPST) has attracted a lot of attention from Wall Street. The share price has climbed over 940% since the company went public in December 2020. And the driving force behind those gains is Upstart’s future growth prospects.

In this Backstage Pass video, which was broadcast September 27, 2021Motley Fool contributor John Bromels discusses how this fintech company is bringing artificial intelligence to the consumer credit industry and how its approach could disrupt traditional lending solutions.

Jean Bromels: Co-founder and CEO, Dave Girouard is the former president of Enterprise Google and co-founder and board member, the former director of global corporate client programs and consumer operations at Google. Why is this important? What does Upstart do? Upstart is an AI-powered lending platform. It uses artificial intelligence, big data and predictive modeling to create an alternative to FICO score to determine a person’s creditworthiness.

You’ve probably all heard a FICO score. A bunch of credit cards will give you a FICO score. You can go to annual credit every year, get your score and your credit report from the various credit bureaus. It’s like a one-time snapshot determining the likelihood of you defaulting on your own or on credit granted to you. The founders of Upstart said what the FICO score does, what it looks at, it looks at your past, it looks at your credit history, it looks at do you have any assets, how many of your assets do you have available for you ? He said, well, it’s backslid. For people who do not have a significant credit history, or for people whose circumstances may have changed and who are looking to secure a loan, the FICO score may not be a good predictor of their risk of default. or not.

He developed this AI-based algorithm to approve these loans. What it does is you go to Upstart, you go to their apps, you basically complete the loan application. It uses its predictive modeling and AI to determine your creditworthiness. Then he does not make the loan himself. It goes through third-party banks and financial institutions to give you the credit. He recently took out auto loans or purchased prodigy software, and there are rumors that he may be looking into the mortgage market as well. This is based on a job posting. The Internet will find everything for these businesses. It’s based on mortgages referenced as job hosting jobs and they said, “Aha. If they’re looking for someone who has experience with mortgages, maybe they are considering be to enter the mortgage market. “

CEO Dave Girouard has also expressed interest in disrupting the payday loan industry, which as we know is basically designed. The payday loan industry argues that it has to charge these exorbitant and very high fees because of the high risk of default. Well, Dave Girouard and Upstart are saying well, if our model can more accurately predict who is going to default and who is not, maybe we can be a better alternative for many consumers than a loan on salary. This raises the issue of bias. The trick with artificial intelligence quite often is that it looks for the best efficiency, or the most mathematically perfect number or outcome.

Sometimes, however, it can introduce bias into the system, it can introduce things that we don’t want to be there. Of course, the very famous example of this is when some researchers created artificial intelligence and basically used social media to allow it to examine how people spoke. The algorithm picked up all the objectionable content and started to distort it due to the faulty entry and had to be shut down and reconfigured to resolve this issue. Upstart is really committed to reducing bias in its algorithm because of course you don’t want unconscious bias finding its way into your loans. Because not only is it illegal, it is also really unfair.

Upstart has actually worked with the Consumer Financial Protection Bureau, the government agency responsible for monitoring this, and they have a letter of no action, which is basically how the CFPB says, we have been monitoring this AI, and we are convinced that it does not introduce any illegal bias into the lending process. Again, a very specialized product, a very nice industry but a very good example of how AI, the use of big data, machine learning, and predictive modeling can really disrupt a lot of different industries.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are heterogeneous! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.

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As the Tata Group returns to the Air India cockpit, here’s a look at the airline’s long journey. Fri, 08 Oct 2021 14:36:00 +0000

Tata Sons, through a wholly-owned Talace Pvt Ltd, has won the bid to acquire the national airline Air India, the Aviation Ministry and DIPAM Secretary said on Friday at a briefing by cabinet. The airline was finally brought back into its fold after attempts by successive governments to privatize the bleeding national carrier for more than two decades.

While Air India’s return will be a glorious time for the 153-year-old conglomerate, it remains to be seen how it will chart the future of its airline business given the aviation industry has been crippled by the COVID pandemic. -19 has yet to recover from the fatal blows.

Air India’s journey over the years

At fifteen, JRD Tata in France had decided to become a pilot and make a career in aviation. A decade later, when the Aero Club of India handed him his license to fly, number 1 was written on it, indicating that he was the first Indian to qualify to become a pilot.

The first known commercial civil aviation flight in India took place on February 18, 1911 when Henri Piquet flew a Humber biplane from a polo field in Allahabad to carry mail across the Yamuna to Naini.

After the Wright brothers invented the airplane in 1903, over the next decade and a half, India took small steps in developing aviation-related infrastructure. This included the start of the first air route between London, Karachi and Delhi in 1912 by Imperial Airways (now British Airways). Construction of civilian airports in Calcutta, Allahabad and Bombay took place in 1924, and the establishment of the Department of Civil Aviation took place in 1927.

In 1929, JRD Tata was approached by Nevill Vintcent, a retired Royal Air Force (RAF) pilot, with a proposal to launch air services between Karachi and Bombay.

Over the next two years, the Tatas tried to persuade the British government to subsidize the nascent aviation industry. They asked for help of only Rs. 75,000 for the first two years. But the government refused. When the Tatas decided to donate free air service to the government, the proposal was immediately accepted.

No airline in the world operated without government support. But the Tatas were prepared to accept the financial risk associated with the new venture. Tata Airlines was established in April 1932.

The history of Indian commercial civil aviation began at 6.30 a.m. on October 15, 1932 when JRD Tata took off from his first official Tata Airlines flight from Drigh Road airfield in Karachi. He landed earlier than expected on the Bombay airstrip in Juhu at 1:50 p.m.

Despite the infrastructure challenges, Tata Airlines’ performance has been remarkable. He completed his first year of service with 100% punctuality, even during the harsh monsoon months when the perilous Western Ghats made these trips dangerous. Tata Airlines continued to perform remarkably well. After five years, his profits had increased from Rs.66,000 to Rs. 6 lakh, and he had maintained on-time performance at 99.4%.

In 1938, Bobby Kooka, among the company’s first employees, designed the iconic “Maharaja” (monarch) as the brand identity of Tata Airlines. In 1946, Tata Airlines, until then a division of Tata Sons, went public as a joint stock company called Air India Ltd.

What happened after independence?

In 1953, the Congressional government led by Pandit Jawaharlal Nehru passed the Air Corporations Act. As a result, all existing airlines, including Air India and Air India International, were nationalized. Air India and Indian Airlines were incorporated as independent public sector companies providing international and domestic services respectively.

Nationalization has been hotly debated since independence. JRD Tata opposed it on several platforms but was not invited by the government to present its views. The Minister of Communication, Jagjivan Ram, who supervised the modalities of the nationalization, did consult JRD Tata but it was to discuss the compensation to be granted to the nationalized companies. JRD Tata was discouraged.

During a luncheon with Prime Minister Nehru in November 1952, JRD Tata expressed his anguish that the government had intentionally treated the Tatas mean and that this was a planned plot to suppress aviation. private civil. JRD Tata expressed disappointment at the government’s decision to take such an important step without any consultation with the Tatas, pioneers of Indian civil aviation.

JRD Tata stressed his belief that nationalization would not translate into an efficient and autonomous air transport system. He said: “Unless the utmost attention continues to be paid to the high standards of training and discipline among flight and ground crew, the resulting deterioration could destroy the good reputation of civil aviation. Indian.

(With contributions from the agency)

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Catering Insight – The October issue of Catering Insight is now live Fri, 08 Oct 2021 09:34:15 +0000

The October issue of Restoration overview is now available for online reading in digital format.

This free access edition of the magazine opens with an in-depth interview with Bill and Ashley Munro, the father and son management team of Swift Catering Equipment, as distributor Essex turns 40e birthday.

Don’t miss our full review of this year’s FEA conference as the association returned to live events.

The story continues below


Unox UK MD Scott Duncan reveals why sustainability in the equipment supply chain is essential to achieving environmental goals.

Plus, you can view our guest map at a glance, highlighting the top booths visitors to the UK catering equipment industry at the Milan show must know this month.

We are investigating whether refrigerator suppliers deviate from MEPS and energy labeling requirements.

Plus, we take a look at upcoming changes to food waste regulation and explore how manufacturers are battling a perfect storm of rising costs and demand.

To view the digital edition, click here.

Restoration overview is free for all catering equipment professionals. If you don’t already receive your monthly hard copy, you can activate your subscription here.

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Commercial Heated Food Merchandising Market to Offer Significant Growth and Striking Opportunities, Demand, Major Key Players Growth, Forecast 2028 Fri, 08 Oct 2021 07:50:08 +0000

Commercial Heated Food Merchandising Market 2021 by regions, type and application, the research report planned up to 2028 is comprehensive, methodical. The objective of the study is to help the major vendors, organizations and end users of the industry to better understand the advantages and the complete functionalities of the market segments. It examines the dynamics of the market and gives an overview to help the definition, categorization and statistical analysis of markets. The current state of the global commercial heated food marketing market, along with its future prospects.

The authors of the report have used a unique and industry-leading research and analysis technique to perform an in-depth analysis of the global commercial heated food marketing market. From 2021 to 2028, this study plans regional and national demand, trends and revenue growth, as well as a review of industry trends in each of the sub-segments.

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The Global Commercial Heated Food Marketing Market Research Report 2021 presents a professional and comprehensive analysis of the Global Commercial Heated Food Marketing market on the current situation. The Heated Food Commercialization market report comprises development plans and policies as well as manufacturing processes and price structures of Commercial Heated Foods commercialization. The Global Commercial Heated Foods Marketing Market Research Report 2021 offers an analytical view of the industry by studying different factors such as the Commercial Heated Foods Marketing Market Growth, Consumption Volume, Heated Food Marketing Market Size, Revenue, Market Share, Market Trends, and the cost structures of the Commercial Heated Food Marketing industry over the forecast period 2021 to 2028. It includes an in-depth research of the Commercial Heated Food Marketing market status and competitive landscape worldwide. This report analyzes in detail the potential of the Commercial Food Merchandising market in present and future perspectives from various angles.

Usability profiles for businesses: Vollrath, Star, Nemco Food Equipment, LTD, Gusto Equipment, Hatco Corporation, Victorian Baking Ovens Ltd., Alto-Shaam, King Edward Catering Equipment, Lincat

Global Commercial Heated Food Merchandising Market: Geographic Analysis

Based on the region, the commercial heated food marketing market is segmented into five parts such as North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Of these, Asia-Pacific is expected to dominate the commercial heated food marketing market in the coming years. The development of commercial heated food merchandising in the APAC region is unequivocally associated with the demands of buyers in the district. Rising speculation towards commercial heated food merchandising, especially in countries such as China, Japan and South Korea, is driving the market in this district.

Further, the market report provides in-depth analysis of each region along with in-depth analysis of the associated country. Besides, to generate revenue, the market value report also provides forecasting analysis by countries and regions. A top-down demand analysis was carried out jointly.

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Equip yourself with information that allows you to refine your strategies and transform your operations profitably.

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1. What was the size of the commercial heated food marketing market in 2020 and 2021; What are the estimated growth trends and market forecast (2021-2028).
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3. Which segments (product type / applications / end user) were the most attractive for investments in 2021? How these segments are expected to grow over the forecast period (2021-2028).
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Instacart Acquires FoodStorm, Launches New Enterprise Technology Solution for Prepared Meals and Advance Ordering for Retailers Across North America Thu, 07 Oct 2021 15:00:00 +0000

The process of ordering prepared foods from grocers typically requires customers to call the store or place an order in person – a labor-intensive and inefficient process that often results in both sales opportunities. for retailers and a heavy customer experience. FoodStorm helps solve this problem by creating a smoother experience for retailers and customers. FoodStorm has developed a comprehensive SaaS offering that covers multi-channel ordering – e-commerce, phone or in-store kiosk – order management, payment and fulfillment. Its technology also easily integrates with a wide variety of third-party systems, including point of sale (POS) systems and offers customer relationship management (CRM) capabilities that help grocers gather feedback, market. their offers and take advantage of promotional features.

FoodStorm was founded 14 years ago and has developed strong partnerships with a number of existing Instacart retail partners, including Albertsons Companies Balducci’s and Kings Food Markets banners, as well as Bi-Rite Market, Mollie Stone Uncle Giuseppe and Roche Brothers markets, supermarkets. Going forward, Instacart will make FoodStorm technology available to more retailers through Instacart’s leading enterprise technology offering. In addition to acquiring the technology and tools from FoodStorm, Instacart is also delighted to welcome the talented team of FoodStorm, based in the United States and Melbourne, Australia at Instacart.

“As a retailer activation platform, Instacart is focused on growing the businesses of our partners by investing in new innovative technologies and services that deliver significant value to them and their customers,” said Marc Schaaf, CTO, Instacart. “Our goal is to help our retail partners increase their sales and ensure that more of their customers’ daily meals come from the grocery store. That’s why we are delighted to welcome the talented FoodStorm team on Instacart and integrate their end-to-end ordering. -Ahead and catering platform into Instacart’s leading enterprise offering. For retailers, this new enterprise solution helps them to bring even more of their inventory online, improve their e-commerce capabilities, grow their business and meet the changing needs of their customers. And, for customers, this opens up a healthier and more affordable alternative to delivery to the restaurant – creating an easier way for people to order prepared foods online directly from their favorite grocery stores. ”

Advance order technology solutions offer food retailers a significant growth opportunity. On the Instacart platform, customers who buy ready meals and catering items like hot and cold side dishes, cakes and sushi at the grocery store have much larger baskets and shop more frequently. than customers who don’t. For retailers, pre-ordered items and prepared foods are also generally more cost effective than traditional groceries such as produce and packaging products.

“I am incredibly proud of what the FoodStorm team has achieved for our partners. We’ve developed industry-leading software that enables grocers to more efficiently fill ready-to-eat and restaurant orders, and track everything from one central location. This is a huge growth opportunity for grocers, and we have seen increased demand for our products as more customers seek seamless online and in-store ordering capabilities, ”said the CEO. by FoodStorm. Rob hill. “Grocery is an incredibly complex retail category, which makes the need for business solutions like FoodStorm and Instacart critical to the long-term success of the industry we all rely on to put food on. our tables. We are excited about this next chapter. as we join the Instacart team and create new ways for retailers to meet the evolving needs of their businesses and customers. ”

“Delivering a world-class customer experience and great prepared foods is our business mission, and FoodStorm and Instacart have helped us do that,” said Russell mcveigh, restaurant manager at Uncle Giuseppe’s Marketplace. “Once we deployed the FoodStorm technology, online sales doubled and we were able to be more innovative with our menus thanks to the increased visibility offered by the FoodStorm platform. FoodStorm and Instacart have been essential to our growth and our ability to serve our customers, and we are excited to see what compelling corporate products they will develop together. “

“Instacart and FoodStorm have both been important partners in bringing our business online and have opened up whole new sales and customer service channels for us,” said Adam laliberté, Director of Food Services at Roche Brothers Supermarkets. “Before FoodStorm, our software systems were not compatible with our catering needs and we had a limited online presence, which meant we were missing out on a huge opportunity. With Foodstorm’s flexible and easily configurable technology, we found an increase in our catering and having the ability to manage that increase more effectively so that our teams can focus more on our customers. I am delighted that they are now partnering with Instacart and we are delighted to see what corporate offerings they will bring market together. “

Instacart’s enterprise technology today powers the comprehensive e-commerce platforms of over 175 local, regional and national grocers across North America, including Costco Canada, Heinen’s, Sprouts, The Fresh Market and Wegmans. Instacart began offering enterprise technologies to grocery partners in 2017. Since then, the company has continued to make significant investments in its corporate activities, expanding its engineering team and developing new technologies for grocers.

About Instacart
Instacart is the leading online grocery platform in North America. Instacart shoppers offer same-day delivery and pickup services to bring fresh groceries and essentials to busy individuals and families across the United States and Canada. Instacart has partnered with more than 600 beloved national, regional and local retailers, including unique brands, to deliver from nearly 55,000 stores in more than 5,500 cities in North America. The Instacart platform is available to more than 85% of American households and 80% of Canadian households. The company’s cutting-edge enterprise technology also powers the e-commerce platforms of some of the world’s largest retail players, supporting their websites, applications and white-label delivery solutions. Instacart offers an Instacart Express subscription which includes reduced service fees and unlimited free shipping for orders over $ 35. For more information visit For anyone interested in becoming an Instacart buyer, visit

SOURCE Instacart

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‘Happy to be here’: Chris Grauer-Hirt Spreads Positivity Through Food and Nutrition Services Thu, 07 Oct 2021 12:57:17 +0000

After nearly 25 years with UI Health Care, Chris Grauer-Hirt still wakes up excited about working at 4 a.m. and doesn’t leave until she has nothing more to do at the end of the day. .

Early mornings and late nights don’t bother Grauer-Hirt, deputy director of retail and catering for Food and Nutrition Services (FNS), who oversees the Fountain Dining Room, Marketplace and Compass Express.

Chris Grauer-Hirt, Assistant Retail and Restaurant Manager for Food and Nutrition Services

“I’ve always been the type of person who, if I can do a job well, satisfies me,” she says. “I make a list of the things I want to accomplish and then just checking it makes me feel good. “

Cultivate a positive environment

One of the main aspects of Grauer-Hirt’s job is to find new ways to brighten the day for employees, patients and others at the hospital.

“The staff here are great, but they probably have visitors or patients who are probably having a bad day,” she says. “So they can’t wait to eat and go down to the cafeteria.”

While the COVID-19 pandemic has not come without challenges, Grauer-Hirt says it has also been an opportunity for change and innovation through new ways of encouraging people. The cafeteria has added menu options, including the fan-favorite build-it-yourself station, and has decorated some of its under-utilized spaces.

“We built some holiday, winter-themed scenes and positive lyrics for the walls, just to try to motivate people during a really tough time,” she says.

The FNS department provides services to various patient populations and specialized units, in several cafeterias and dining rooms, and by organizing numerous hospital events.

The environment in cafeterias and other SNSF sites is friendly and welcoming, says Grauer-Hirt, so people want to come and visit.

“The FNS is important to the hospital because we have so many different facets, whether it’s in patient care, or in the staff and employees who are here; whether it’s events we organize or just daily meetings or even conferences and the like, ”she says. “We have so many different roles, and I think that’s really essential for this hospital.”

Team work

Grauer-Hirt says most of the work she does wouldn’t be possible without the dedication of her colleagues and employees.

“I couldn’t get through the day without the great team I have,” she said.

Grauer-Hirt also encourages them to set small goals, like how many tacos to sell per day, to make bigger changes and be more efficient overall.

“I think setting goals helps boost our employee engagement; they want to do their best. They want to be successful, ”she said.

For Grauer-Hirt, the interaction with his colleagues and employees is really important to envision new ideas and perspectives and to think about change.

“I want to be someone who leads by example,” she says. “If my employees see that I’m taking new initiatives and getting excited about the things that are happening, that will hopefully motivate them to do the same and be happy to be here.

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Vakrangee Partners with LenDenClub to Launch P2P Lending Network Wide Thu, 07 Oct 2021 12:41:14 +0000

Vakrangee Limited (VL) has partnered with P2P lending platform LenDenClub to offer borrowing and lending on its 11,900 Nextgen Vakrangee Kendras network.

While clients can now benefit from instant personal loans, they can also invest their savings in pooled capital, which will then be used to lend to other clients on the platform looking for personal loans.

With this partnership, LenDenClub envisions accelerated customer growth, especially in regional markets.

Customers can avail instant personal loans at any of the nearest Kendra’s among 19,000 PINs in the country for a wide variety of services such as online shopping, purchase of agricultural products or health services. As a result, borrowers can instantly benefit from hassle-free digital loans even if they are located in a remote part of the country.

Dinesh Nandwana, Group Managing Director and CEO, Vakrangee Ltd. said, “With this partnership, we have strategically added a lending and borrowing platform to our Nextgen Kendras, making it a one-stop-shop for all of our clients’ borrowing needs. “

Bhavin Patel, Co-Founder and CEO of LenDenClub, said: “Our new partnership with Vakrangee will help break through and expand P2P lending services to a large part of the population residing in the most remote areas of the country, which is otherwise outside the formal credit sector. . We are delighted to tap into Vakrangee’s extensive network and contribute to the country’s growth story. “

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In-flight catering market major players analysis and 2021 growth drivers analysis – amite tangy digest Thu, 07 Oct 2021 10:34:31 +0000

Report Ocean publishes comprehensive study on the global in-flight catering market, reflecting factors such as global growth, effects of COVID-19, and major market players.

This in-flight catering market report aims to provide strategic insights into market opportunities, trends, and competitive landscapes of the industry. This report details the accurate reading of forecast periods, an assessment of complex topics and future projections. Throughout the research, tools and models of SWOT analysis and Porter’s five forces analysis were used.

Segment Analysis: Global In-Flight Catering Market

The in-flight catering market is segmented into
By types:
Main course
Starters & Platters

By application:
Low cost carriers
Traditional airlines

Key players in the global inflight catering market

This report on the Global In-Flight Catering Market contains a list of some of the major companies in the market. In addition, it also includes detailed information about competitors and recent market developments. The gathered information speaks about the global manufacturers and revenue with the production data of the manufacturers during the forecast period.

The profiles of the major competitors in the global inflight catering market are:

Newrest International SAS Group
Do & Co Aktiengesellschaft
Air Culinaire Worldwide, LLC.
ALSG Sky Chefs Inc.
LLC, Gate Gourmet
AAS Restoration CO. Ltd.
Frankenberg GmbH
Flying food group

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The global In-Flight Catering market report provides a comprehensive view of the factors such as current market conditions, trends, impacts, key players, opportunities, and geographic analysis that determine the growth of the business. It describes a broader view of data sharing, including a detailed list of competitors organized by type, region and application and the competitive scenario for companies operating in different geographies and industries. There is a need to analyze these records for existing market participants, growing startups, and emerging companies that aspire to do well. The report broadly covers data on current challenges, growth scenario and future opportunities.

COVID-19 impact assessment

• COVID-19, its impact on the global in-flight catering market and its recovery potential are explained in detail in this report.

• COVID-19 has brought several challenges for businesses and individuals, negatively affecting both sectors. Several countries have imposed nationwide lockdowns on their in-flight catering market, further delaying the market.

Regional Overview: The Global In-Flight Catering Market

A study of the global in-flight catering market analyzes every aspect of the data on a regional basis. The report describes the dynamics of the global market. The market is leader in North America, Europe, Asia-Pacific, Latin America and Africa. These countries include Taiwan, Russia, United States, Germany, United Kingdom, France, Italy, Japan, South Korea, Canada, Mexico, Southeast Asia , China and Brazil.

This report presents a comprehensive analysis of a wide range of topics such as environmental factors, economics, social issues, and technological developments. Additionally, the document features regional information on production, revenue, and manufacturers compiled by the researchers.

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We provide syndicated market research services across different verticals including Aerospace & Defense, Agriculture, Chemical & Materials Construction, Consumer Goods & Services, Energy & Electricity, ‘Food and Beverages, Healthcare, Automation and Industrial Equipment, Information and Communication Technologies (ICT), Automotive and Semiconductors and Electronics. Report Ocean believes in providing quality reports to clients to achieve bottom line and bottom line goals that will increase your market share in today’s competitive environment. Report Ocean is a “one-stop-shop” for individuals, organizations and industries for innovative market research reports.

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