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.
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.
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)