QSR: Marco’s Pizza Helps Develop Food Cost Forecasting Tool

Marco’s Pizza develops a food cost forecasting tool with the American Restaurant Association, enhancing operational efficiency for the brand.

Read the original at 1851 Franchise
QSR: Marco’s Pizza Helps Develop Food Cost Forecasting Tool

TL;DR

Marco's Pizza has developed a food cost forecasting tool in partnership with the American Restaurant Association, aiming to enhance operational efficiency. The tool allows the brand to forecast store food costs and provide advanced notice for marketing certain items.

The pizza segment is easily one of the hottest concepts in the fast-casual industry right now, especially given the segment’s propensity for delivery in a time of on-demand everything. So when Marco’s Pizza partnered with the American Restaurant Association (ARA) to create a food cost forecasting tool, this move is giving the industry potential to take its success to an even higher level.

“With this tool, we are able to forecast store food costs in a way that no one else in the industry has been able to up to this point,” said Marco's vice president Don Vlcek, who spearheaded the project with the ARA. “It’s a game changer for our brand, and will revolutionize the way our industry operates. The ability to provide our stores with far-advanced notice of when they should market certain food items, and the price points at which they market them, gives us a competitive advantage, while still offering customers periodic special deals on the products that they love.”

In this story

This story was originally published in 1851 Franchise on February 23, 2017. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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