Number Crunching For Restaurants

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Posted: 02 Jun 2012 | 6:00 am

Checking out a news piece in Wired Magazine on the latest in restaurant data capturing demonstrated just how deep inside the numbers businesses can now go.

Metric driven software solutions such as Slingshot, Compeat, Hotscedules and Eatec track ever imaginable number in the house

One clear differentiating point though between the West and The East is the emphasis of the former on productivity, selling, efficiency and monitoring of labor.

Asia continues to play catch up but with rising inflation and wages, it will not be long before Thailand will have to start embracing a brave new world of business measurements.

Crowdsourcing (i.e. just hire more staff) while certainly culturally accepted will no doubt start to come under scrutiny in an industry with a lack of skilled labor and upwards-trending costs.

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