Since analytics are generally easy to scale, the Restaurant Industry is poised and well-positioned to take advantage of using Big Data. Each day, a restaurant collects an enormous quantity of information from various applications, platforms, systems, and programs. Having so much data can easily overwhelm even the strongest. As you learn more about restaurant analytics and what you can do with them, it’s important to understand the difference between restaurant reporting and restaurant analytics.
Restaurant reporting is simply the process of organizing informational summaries in order to monitor how different areas of the business are performing. Restaurant analyzing is the exploratory process of data and reports that allows you to extract meaningful insights. It is these insights that be helped to better understand and improve the overall business performance.
Unlike restaurant reporting, which involves looking at a compiled list core metrics to compare sales and profits between specific periods, restaurant analytics allow you to do a deep dive into the numbers to better understand why your business is performing in a certain way.
So, if you want to know why a certain member of the staff is performing better than others, or why you get more orders for seafood entrees on Tuesdays, let your restaurant analytics take the lead.
While each restaurant is different, there are many similarities. It is within these similarities that we will focus. The four broad categories of focus are :
Follow the link for each page to learn much more about each category and how Blue Hen Analytics can help you grow your business.
Let’s take your restaurant to the next level!
…and beyond!
