Thứ Sáu, Tháng Sáu 2, 2023
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MarketMan announces next generation of premium features using predictive analytics to manage foodservice COGS


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New version of MarketMan Order Suggestions And Cost of goods sold over time will be performed at the National Restaurant Association’s Exhibition Booth #6064

NEW YORK & BOISE, Idaho — market mana comprehensive SaaS foodservice purchasing and inventory platform, today announced the launch of next-generation premium features that use predictive analytics to give restaurants autonomous management capabilities. their cost of goods.

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“Predictive analytics is one of many cutting-edge technological advancements available to operate food service more efficiently that have yet to be widely adopted. It’s like a computerized crystal ball that leverages historical data and real-time events to predict future outcomes,” said Wink Jones, CEO of Meal Ticket. “Using this cutting-edge technology, MarketMan pulls massive amounts of data collected from a variety of sources, including POS and other 3rd party systems, and identifies patterns to enable owners/ Operators make data-driven decisions about pricing, menu development, and inventory management, as well as costs and future demand. Predictive analytics could be a foodservice provider’s secret recipe for success in consistently balancing inflation, supplier costs, and labor-to-taste and availability fluctuations. customers’ willingness to spend.”

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New premium features – Order Suggestions

Order Suggestions Use predictive analytics to optimize inventory levels by predicting demand without overstocking or understocking.

Order Suggestions is a premium feature Uses advanced algorithms to forecast demand and automate inventory management with massive amounts of sales-based calculations, recipes, said Noam Wolf, General Manager of MarketMan. , reported waste and trends. “With Order SuggestionsFoodservice providers will not only save a lot of time and less errors in inventory management, but will also make significant improvements in reducing food waste.”

New premium features – Cost of goods sold over time

Cost of goods sold over time Quickly identify menu and inventory performance trends over multiple periods to drive COGS optimization and impact overall profitability. Tracking cost of goods sold is important, but it is necessary to track it over time to improve it.

With Cost of goods sold over timeMarketMan now makes it easy for foodservice providers to view cost of goods sold data compared across multiple time frames and across multiple locations at once.

“The report has been uniquely designed to allow for data slicing and breakdown at multiple category and item levels, and displays an easy-to-understand comparison view. This capability allows single or multi-site restaurant business managers to clearly identify opportunities to reduce COGS and drive more profits,” says Wolf.

Easily extend the technology stack

MarketMan is integrated with a complete list of Point of Sale solution partners to make it easy and cost effective for most food service providers Order Suggestions And Cost of goods sold over time into their technology stack for more advanced, automated operations.

MarketMan continues to add the best, most widely used restaurant technology to its partner program, which includes accounting and POS applications as well as other restaurant technology innovators. For a list of MarketMan partners, please visit: https://www.marketman.com/partners/

New MarketMan premium features to be introduced at National Restaurant Association Exhibition 2023 at McCormick Place in Chicago from May 20 to 23. Stop by booth #6064 for more product details and demonstrations.

About MarketMan

MarketMan is a cloud-based inventory management and purchasing platform that simplifies logistics operations, streamlining everything from inventory to budgeting, reporting, supplier management and accounting. food costs. MarketMan is part of the Meal Ticket product category.

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About meal tickets

Meal ticket is a leading software provider in the foodservice industry, providing a portfolio of SaaS tools for distributors, manufacturers, and restaurant operators. The company’s products enable its customers to drive more profits with a suite of software solutions that increase operational efficiency, maximize business-targeted, complex earned income programs new and enhanced operator and supplier engagement. The products offer best-in-class business intelligence tools combined with industry expertise, ongoing training and support. Meal Ticket was founded in 2011 and is headquartered in Boise, Idaho, with offices in Colorado, Florida, NYC and Israel. For more information, visit www.mealticket.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20230520005003/en/

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Contact

Meal tickets Contact
Chuck Sarosi, SVP, Marketing & Business Development
csarosi@mealticket.com

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