NextGen Forecasting

Accurately projecting demand is critical to the success of any operation.  Next Gen Forecasting from Fourth means no more guesswork for hospitality and retail – from scheduling to supply chain and procurement to prep and production.   

 

The Right People at The Right Time

With labour costs at an all-time high, there’s no room for forecasting error. Next Gen Forecasting aligns forecast to actual demand to ensure that you have the people you need, when you need them, and not when you don’t.

See the Future and Plan Accordingly

  • The industry’s most extensive demand forecast factors sales, year-on-year trends, notable days, local and national events, and weather with more than seven years of historical data.
  • See how your business is really doing using sales mix features and identify trends so you can make improvements as you go.
  • Customise your interface further to adjust for local factors.

No More 86

Eliminate the “86” to ensure your customers have a positive experience. Today, supply chain and inventory issues abound. But you do not have to be a part of the trend. Fourth’s NextGen forecasting can help you accurately predict your sales and labor to guide your end-to-end inventory management. Our intelligence, AI-powered platform suggests ordering, dynamic prep and production, and recipe and menu management to put an end to 86ing and confidence in the kitchen.

 

“Since implementing Fourth’s new tool, we have seen a 25% accuracy improvement on the previous system forecast. The model, which uses machine learning, gives managers a more accurate baseline from which they can build and tweak using their own knowledge and experience to deliver a highly accurate forecast for scheduling their team. We’re looking forward to continuing to work with Fourth on developing the system.”

— Graham Fenwick (Productivity & Change Director, Pizza Express)

Our team would love to hear from you

Give us a call today +61 2 9044 8114, or click the button below.