Why restaurant data analytics are a necessary tool for success | Nation's Restaurant News - 0 views
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Recent trends such as diverse sales channels
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create a multi-layered restaurant operating environment, turning data analytics into a necessity rather than an option.
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the harmonization of records that creates a platform for activities, records, and transactions to be easily accessed, shared, and analyzed.
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Information from data analytics should be simple, relevant, and accommodative to operations. Easily understandable metrics, such as weight-based food waste
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Management should foster culture on “let’s look at the data first” instead of solving issues based on anecdotes and hypothetical terms.
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Similar to an organized kitchen with streamlined production, restaurant management should take the same approach with data analytics. Organized data enables organizations to get a finger on the pulse of their business.
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Restaurants have long focused on improving kitchen efficiencies, but they now need to also focus on data efficiencies. Analyzing sales and labor reports on a daily basis rather than weekly allows managers to make more timely decisions that impact revenue and profit. Data should also be presented in simple, meaningful terms which benefit managers and line staff. Owners and GMs need to foster a "data first" culture when seeking to improve efficiency, service, and value.