In the latest quarter, only restaurants offering value-priced menus have experienced positive growth in comparable sales. Net sales growth now requires strengthening the value proposition of their offerings. With challenges of rising labor and food costs, and uncertainties related to climate and market risks, the opportunity lies in enhancing agility, streamlining sourcing and supply processes,…
Read more »Effective program execution requires collaboration across different organizations – marketing, demand, supply chain, suppliers, logistics, procurement, and menu management. With real-time collaborative and decision support systems, managers can improve supply chain delivery, and lower costs and risks. Managers, aided by real-time tools, refine decisions as the program evolves. They can also build shared risk reward…
Read more »This year has seen some significant new updates this year and several more are planned. Several of the updates including Tableau update, what-if scenarios using basis driven costing, configurable pricing have been rolled out or are being rolled out. For this issue, we will focus on the vendor-item feature as it enables…
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