SAN FRANCISCO – October 8, 2024 – DecisionNext, the leading AI platform that enables companies to optimize the buying or selling of commodities at the best possible time and price, today announced a new partnership with Bloomin’ Brands, one of the world’s largest casual dining companies and the operator of numerous successful restaurant brands, including Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. Bloomin’ Brands owns and operates more than 1,450 restaurants throughout 46 states, Guam and 13 countries.

Bloomin’ Brands has chosen the DecisionNext platform to source and cost-effectively purchase commodities used in its kitchens to prepare its popular menu items. DecisionNext technology combines artificial intelligence and human intelligence for overall stronger decision making on a variety of levels and provides data analytics and forecasting focused on helping customers in commodity markets to gain a better understanding of risk management to make better, faster decisions from procurement to sales.

“We’re really proud to count Bloomin’ Brands among our newest partners,” said Mike Neal, DecisionNext Co-Founder and CEO. “Their iconic brands purchase a significant amount of commodities with precision. We work with them to tease apart commodity market trends and use those insights to optimize their brands’ performance – and ultimately to further elevate the dining experiences at their restaurants.”

Today, many global commodity product buyers and sellers resort to rules of thumb and spreadsheets to simplify a complex system worth billions of dollars in transactions – leaving significant money on the table. DecisionNext has spent years perfecting an AI platform that converts global complexities into actionable recommendations at scale – significantly improving financial performance.  

About DecisionNext

DecisionNext is the leading AI platform that helps companies buy and sell commodities at the best times, with the best formulas, at the best prices. The company has revolutionized how commodity price and supply forecasting supports business decisions, and offers the only platform that incorporates users’ expertise and up to the moment insights into the process. Its global customer base includes providers in meat & agriculture, mining & natural resources and other commodity industries, including major brands like Johnsonville and Sysco. For more information, visit www.DecisionNext.com.