Chipotle Tests Autocado: An Innovative Cobot To Streamline Avocado Preparation
Portfolio Pulse from Shivani Kumaresan
Chipotle Mexican Grill Inc (NYSE:CMG) has introduced Autocado, a co-robotic prototype developed in collaboration with Vebu, aimed at streamlining the avocado processing procedure. The device could reduce guacamole prep time by 50% and increase avocado fruit yield, potentially leading to significant annual food cost savings. The prototype is currently being tested at the Chipotle Cultivate Center in Irvine, California.
July 12, 2023 | 2:17 pm
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Chipotle's introduction of the Autocado prototype could streamline operations, reduce prep time, and save on food costs. If successful, this could improve efficiency and profitability.
The Autocado prototype, if successful, could significantly streamline Chipotle's operations by reducing the time-consuming process of preparing avocados. This could lead to increased efficiency and reduced food costs, potentially improving the company's profitability. However, the prototype is still in the testing phase, so the impact is not immediate.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100