Current Situation
Ingredients management is largely intuitive with reactive and impulsive adjustments.
Goals and Objectives
Leverage connected technologies and better inventory management systems to deliver greater predictability within ingredient inventory management processes. This will mean that revenue can be maximized and inventory costs minimized, reducing wastage.
Technology Deployed
Predictive analytics, RFID, IoT, warehouse management system (WMS), TMS, GTM, blockchain, and AI
Use Case Summary
Provide real-time updates and answers to the restaurant management about how much of each ingredient is being used in a given period of time, if enough of ingredients are there to make standard menu items, and if there are any particular ingredients that should not be bought or less quantity purchased.