AI costing refers to the automated extraction and calculation of plate cost data using large language models and optical character recognition, replacing the traditional spreadsheet-based costing workflow. MenuMargin's AI costing module processes supplier invoices (photo or PDF) and recipe inputs to produce accurate, updated plate costs without manual data entry. The system handles common edge cases including partial invoice scans, handwritten price notations, and non-standard unit conversions (e.g., case counts expressed as eaches rather than pounds) through LLM-guided inference.
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AI Costing
Automated plate costing powered by LLM-based invoice and recipe ingestion, reducing manual spreadsheet dependency.
Related terms
- Plate Cost — The total ingredient cost for a single prepared menu item, calculated from the cost per ingredient portion.
- Invoice OCR — Optical Character Recognition applied to supplier invoices to extract line-item data for automated costing.
- LLM — Large Language Model. A transformer-based AI model trained on text data that can reason, classify, and generate content.