Introducing AI Forecasting
AI Forecasting is the first of many exciting applications of AI our team is delivering to help restaurants and their teams thrive. These new capabilities utilize cutting edge machine learning models to predict a restaurant's future sales with unparalleled accuracy. Our AI models are built on high-quality historical sales data and they analyze vast amounts of information to deliver an objective, accurate forecast, customized to each restaurant location.
If you are a current customer, contact your Customer Success Manager to learn how you can access AI Forecasting.
Why we incorporated AI into the Sales Forecast
Accurate forecasting is already at the heart of Crunchtime’s food and labor management solutions and incorporating AI enables our customers to predict demand with even greater accuracy. With a clear projection of future sales, restaurants can execute key tasks that impact profitability including:
- Optimally staffing every shift
- Purchasing precise quantities of goods
- Prepping the right amounts of food
- and more!
Crunchtime’s forecast engine is already incredibly strong, so the bar was set very high for our expectations of AI. Over the last year, we tested various machine learning models to find one that could beat our existing algorithm. We are thrilled to bring customers an AI Forecast that can predict demand with unparalleled accuracy, while still being remarkably user-friendly.
Learn more about the innovative solutions we provide to the world's leading restaurant brands.
