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MealTech Combat Food Wastage & Responsible Profit Maximization

Introducing our precision sales forecasting and efficient HR operational management system for restaurants, a game-changing solution leveraging advanced analytics to predict sales, optimize menus, and streamline staff deployment. This system minimizes food wastages, maximizes profitability, and enhances the overall dining experience. With real-time data insights and seamless integration with POS systems, it empowers restaurant owners to make informed decisions for operational efficiency and financial success.

Core Technologies

→ Project Objective

  • Introducing our precision sales forecasting and efficient HR operational management system for restaurants, a game-changing solution leveraging advanced analytics to predict sales, optimize menus, and streamline staff deployment. This system minimizes food wastages, maximizes profitability, and enhances the overall dining experience. With real-time data insights and seamless integration with POS systems, it empowers restaurant owners to make informed decisions for operational efficiency and financial success.

→ Problem Statement

  • Food chains prepare food to be sold based on estimates, often resulting in a lot of food waste.
  • Overstaffing: Scheduling staff of a restaurant chain is a challenging task due to limited communication between branches, leading to overstaffing or understaffing issues.
  •  The inclusion of the wasted food in the expenses of the restaurant results in higher food prices. This makes the food less accessible, hence reducing the customer base.
  • Supporting Facts The US discards more food than any other country in the world.
What will we achieve?

By harnessing advanced data analytics techniques, we’ve achieved a remarkable 15% reduction in food wastage. The solution optimizes staff allocation, reducing HR costs by over 15%. This translates to a substantial reduction in operational costs every month. The decrease in food prices makes the food more accessible. Hence, increasing the footfall. Contribute to sustainability efforts by minimizing food wastage and promoting responsible resource management practices. Saves the manual efforts of senior resources and leaps digitization. With accurate forecasting and staff optimization, customers now enjoy a consistently great experience when dining at your restaurant. Reduced waiting times, improved service, and fresher food contribute to an overall better dining experience. Ultimately, increase profit margin responsibly.

Our key features

Key features refer to the essential characteristics or attributes that define a product, service, or project

COARSE-GRAINED MEAL FORECAST
  • The system accurately predicts the sales for the next week and the next month, which will help you budget your monthly and weekly plans. The prediction is performed by taking into consideration historical sales, national events, time, weather conditions, and trending features.
FINE-GRAINED FORECAST
  • The solution accurately predicts sales at day and day-part level which will help you plan the daily routine of employees.
EFFICIENT STAFF DEPLOYMENT
  • Streamline staff deployment with intelligent scheduling and resource allocation, enhancing operational efficiency and reducing HR costs.
OPTIMIZED MENUS
  • Tailor your menus based on precise sales fore casts, ensuring optimal inventory management and customer satisfaction.

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