STOCK TITAN

Lightspeed Introduces the Next Generation Kitchen Display System

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Lightspeed Commerce (NYSE: LSPD) has launched its next-generation Kitchen Display System (KDS), designed to improve restaurant operations and efficiency. The system addresses key challenges identified in a survey of 400 restaurant workers, including 62% reporting frequent miscommunication between front and back-of-house teams, and 56% citing last-minute modifications as primary workflow disruptions. The KDS provides real-time updates, customizable workflows, and advanced coursing functionality to help restaurants manage orders efficiently, reduce waste, and improve communication. The system is now available to Lightspeed Restaurant merchants across North America, Europe, and beyond.

Lightspeed Commerce (NYSE: LSPD) ha lanciato il suo sistema di visualizzazione della cucina di nuova generazione (KDS), progettato per migliorare le operazioni e l'efficienza dei ristoranti. Il sistema affronta le principali sfide emerse da un'indagine condotta su 400 lavoratori del settore, tra cui il 62% segnala frequenti incomprensioni tra i team di sala e cucina, e il 56% cita modifiche dell'ultimo minuto come le principali interruzioni del flusso di lavoro. Il KDS offre aggiornamenti in tempo reale, flussi di lavoro personalizzabili e funzionalità avanzate di gestione dei corsi per aiutare i ristoranti a gestire gli ordini in modo efficiente, ridurre gli sprechi e migliorare la comunicazione. Il sistema è ora disponibile per i commercianti di Lightspeed Restaurant in tutto il Nord America, in Europa e oltre.

Lightspeed Commerce (NYSE: LSPD) ha lanzado su sistema de visualización de cocina de próxima generación (KDS), diseñado para mejorar las operaciones y la eficiencia de los restaurantes. El sistema aborda los principales desafíos identificados en una encuesta a 400 trabajadores de restaurantes, incluido el 62% que informa sobre malas comunicaciones entre los equipos de front-of-house y back-of-house, y el 56% que menciona modificaciones de última hora como las principales interrupciones del flujo de trabajo. El KDS proporciona actualizaciones en tiempo real, flujos de trabajo personalizables y funciones avanzadas de servicio para ayudar a los restaurantes a gestionar los pedidos de manera eficiente, reducir el desperdicio y mejorar la comunicación. El sistema ya está disponible para los comerciantes de Lightspeed Restaurant en América del Norte, Europa y más allá.

라이트스피드 커머스 (NYSE: LSPD)는 레스토랑 운영과 효율성을 개선하기 위한 차세대 주방 디스플레이 시스템(KDS)을 출시했습니다. 이 시스템은 400명의 레스토랑 직원에 대한 설문조사에서 확인된 주요 문제를 다룹니다. 62%가 프런트와 백 오브 하우스 팀 간의 잦은 의사소통 문제를 보고했으며, 56%는 막판 수정을 주요 작업 흐름 방해 요소로 지적했습니다. KDS는 실시간 업데이트, 맞춤형 작업 흐름 및 고급 코스 기능을 제공하여 레스토랑이 주문을 효율적으로 관리하고, 낭비를 줄이며, 의사소통을 개선할 수 있도록 돕습니다. 이 시스템은 북미, 유럽 및 그 너머의 Lightspeed Restaurant 상인들에게 이제 제공됩니다.

Lightspeed Commerce (NYSE: LSPD) a lancé son système d'affichage de cuisine de nouvelle génération (KDS), conçu pour améliorer les opérations et l'efficacité des restaurants. Ce système répond aux principaux défis identifiés dans une enquête menée auprès de 400 travailleurs de restaurant, notamment 62% signalant des malentendus fréquents entre les équipes de salle et de cuisine, et 56% citant des modifications de dernière minute comme les principales perturbations du flux de travail. Le KDS fournit des mises à jour en temps réel, des flux de travail personnalisables et des fonctionnalités avancées pour aider les restaurants à gérer les commandes de manière efficace, à réduire le gaspillage et à améliorer la communication. Le système est maintenant disponible pour les commerçants de Lightspeed Restaurant en Amérique du Nord, en Europe et au-delà.

Lightspeed Commerce (NYSE: LSPD) hat sein nächstgenerations Küchendisplaysystem (KDS) eingeführt, das darauf abzielt, die Abläufe und Effizienz in Restaurants zu verbessern. Das System befasst sich mit wesentlichen Herausforderungen, die in einer Umfrage unter 400 Restaurantmitarbeitern identifiziert wurden, darunter 62%, die von häufigen Missverständnissen zwischen Teammitgliedern im Service- und Küchenbereich berichten, und 56%, die Last-Minute-Änderungen als primäre Störungen des Arbeitsablaufs anführen. Das KDS bietet Echtzeitupdates, anpassbare Arbeitsabläufe und fortschrittliche Funktionsweisen, um Restaurants dabei zu unterstützen, Bestellungen effizient zu verwalten, Abfall zu reduzieren und die Kommunikation zu verbessern. Das System ist nun für Lightspeed Restaurant-Händler in Nordamerika, Europa und darüber hinaus verfügbar.

Positive
  • System addresses major operational challenges identified by restaurant workers
  • Helps reduce paper and food waste in restaurant operations
  • Expands product availability across multiple international markets
  • Integration with existing Lightspeed restaurant solutions
Negative
  • Survey reveals 19% of staff struggle with current technology effectiveness
  • 23% of restaurant teams face difficulties balancing dine-in and delivery orders

Insights

The launch of Lightspeed's next-generation Kitchen Display System (KDS) represents an incremental product enhancement rather than a transformative innovation. While addressing real operational pain points in restaurant management, this solution enters a competitive market where similar systems already exist. The key differentiator lies in its integration with Lightspeed's existing ecosystem, particularly the Tableside and unified POS features.

The market opportunity is substantial, with 81% of Americans dining out monthly and restaurants actively seeking technology solutions to improve efficiency. However, the product's success will depend heavily on adoption rates and the ability to demonstrate tangible ROI through reduced food waste and improved operational efficiency. The survey data showing 62% staff miscommunication issues and 56% struggling with order modifications validates the product's market fit but doesn't guarantee significant revenue impact.

Bringing order to kitchen chaos with seamless precision; driving peak restaurant performance under pressure

MONTREAL, Nov. 18, 2024 /PRNewswire/ - In the heat of the kitchen, communication is everything.  Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, introduces its next-generation Kitchen Display System (KDS). This solution was forged on premise in the fast-paced reality of high-volume kitchens, designed to restore order, efficiency, and keep restaurant staff happy.

With 81% of Americans dining out at least once a month and the foodservice industry contributing to 51% of food waste in the US, restaurants are increasingly turning to technology for solutions to cut costs, improve accuracy, and enhance customer satisfaction. Lightspeed KDS combines the best of human-driven service and automation, enabling restaurants to stay on top of orders, optimize workflows, and reduce both paper and food waste.

"Kitchens can be chaotic, but with the right tools, they don't have to be. Lightspeed KDS helps teams thrive, even under pressure," said Adoniram Sides, SVP of Hospitality at Lightspeed. "With instant updates communication between front-of-house and back-of-house significantly improves, restaurants reduce waste, and diners get even better service. Whether managing online orders, pickup, or dine-in, KDS ensures all orders are seamlessly communicated to the kitchen. Paired with Tableside, front-of-house staff can update kitchen operations from anywhere, keeping everything on track during the busiest shifts."

How Lightspeed's KDS Solves Critical Kitchen Challenges

Based on a recent survey conducted by Lightspeed of 400 restaurant workers (aged 16+) across the US and Canada, Lightspeed identified major operational challenges that many restaurants face. Here's how Lightspeed's flexible KDS addresses these issues:

  • Miscommunication: 62% of restaurant staff reported frequent miscommunication between front-of-house and back-of-house teams, resulting in delays and increased stress. Lightspeed KDS provides real-time updates on any device, including displaying diner names for personalized service, ensuring teams stay in sync, minimizing mistakes, and boosting efficiency. 
  • Last-minute order changes: 56% said last-minute modifications are the primary challenge during service that disrupt their workflow followed closely by misunderstood orders (43%), competing priorities with the kitchen (41%) and front-of-house staff (41%). KDS instantly reflects these changes, allowing kitchens to adjust on the fly and maintain accuracy.
  • Competing priorities: Almost a quarter of restaurant teams (23%) struggle to balance dine-in and delivery orders, creating bottlenecks in the kitchen with 1 in 5 (19%) stating the current technology makes it difficult for them to perform their jobs effectively. Customizable workflows in KDS help prioritize orders, streamline the process and keep things running smoothly during peak times.
  • Reducing waste: By going paperless and automating order accuracy, Lightspeed KDS helps minimize paper waste and reduces food waste, helping restaurants operate more sustainably. Paper receipts alone account for an estimated 1.5 billion pounds of waste in the US.

"The greatest value of KDS is how it eliminates distractions, allowing chefs to focus on cooking, staff to focus on service, and the kitchen to run smoothly," said Juan Pablo Mendez, Owner of Mimi's Restaurant, a Lightspeed customer utilizing KDS. "After a brief transition, my team was asking for more stations, and now even the waiters want one to track orders and timing. KDS provides clear, real-time instructions—it's been a game-changer."

Lightspeed KDS isn't just a display; it bridges front-of-house and back-of-house seamlessly. Orders from  Tableside, powered by Tap to Pay, or the unified POS flow directly into the kitchen for smooth execution. The system is compatible with a wide variety of hardware, allowing flexibility for restaurants. With advanced coursing functionality, KDS helps kitchens prioritize and efficiently manage courses, ensuring orders are completed on time, even during peak hours.

Now available to all Lightspeed Restaurant merchants across North America, Europe,  and beyond, the KDS reduces errors, fosters better coordination between kitchen and service staff, and boosts overall efficiency—delivering an uninterrupted dining experience from order to delivery.

Lightspeed powers the world's best–restaurants and hospitality businesses, including: Fairmont Le Manoir Richelieu (La Malbaie), Taverne Atlantic (Montréal), Daniel Boulud Group (NYC), Alinea Group (Chicago), L'Osteria (Europe). Lightspeed Restaurant is currently available in Canada, the United States, the United Kingdom, France, Belgium, the Netherlands, Switzerland, Germany and Australia.

Explore the transformative features of Lightspeed KDS on our website, or experience its powerful capabilities firsthand at https://www.lightspeedhq.com/pos/restaurant/kitchen-display-system.

About Lightspeed

Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale, and provide exceptional omnichannel customer experiences. Our cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks.

Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD). With teams across North America, Europe, and Asia Pacific, the company serves retail, hospitality, and golf businesses in over 100 countries.

Follow us on social media: LinkedIn, Facebook, Instagram, YouTube, and X.

Forward-Looking Statements

This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"), including information regarding Lightspeed's product offerings and planned product roadmap. Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed's management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profiles on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed's subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lightspeed-introduces-the-next-generation-kitchen-display-system-302307445.html

SOURCE Lightspeed Commerce Inc.

FAQ

What are the main features of Lightspeed's new Kitchen Display System (LSPD)?

Lightspeed's KDS features real-time order updates, customizable workflows, advanced coursing functionality, and seamless integration between front and back-of-house operations. It works with various hardware and helps manage multiple order types efficiently.

What percentage of restaurant staff reported communication issues in Lightspeed's (LSPD) survey?

According to Lightspeed's survey of 400 restaurant workers, 62% reported frequent miscommunication between front-of-house and back-of-house teams.

Where is Lightspeed's (LSPD) new Kitchen Display System available?

The Kitchen Display System is available to Lightspeed Restaurant merchants across North America, Europe, and beyond, including countries like Canada, US, UK, France, Belgium, Netherlands, Switzerland, Germany, and Australia.

Lightspeed Commerce Inc.

NYSE:LSPD

LSPD Rankings

LSPD Latest News

LSPD Stock Data

2.61B
151.51M
9.92%
63.48%
3.16%
Software - Application
Technology
Link
United States of America
Montreal