HotSchedules Announces Clarifi™ Advanced Forecasting Engine, Partnering Restaurant Managers with Machine Learning to Increase Predictability and Reduce Costs
HotSchedules’ new, advanced forecasting engine combines multiple algorithms with local manager expertise to reduce human error and maximize efficiency.
AUSTIN, Texas and ATLANTA, April 09, 2018 — HotSchedules® today announced new machine learning-based forecasting capabilities within Clarifi, the first cloud-based intelligent operating platform for restaurants. This latest innovation leverages advanced algorithms to automatically produce incredibly accurate forecasts, helping restaurateurs make better ordering and staffing decisions as they deal with the complexities of changing consumer demands, legislative mandates and off-premise requirements.
Clarifi’s advanced forecasting engine partners the manager with the machine. The machine offers raw, unemotional number-crunching power while the manager brings the contextual awareness and human intuition that can only be gained on the job.
“HotSchedules’ advanced forecasting capabilities strike a balance between centralized forecast management for above-store leaders with the changing demands of the day that only a store manager can see,” said Abe Ruiz, chief operating officer, Eat Here Brands. “I’ve seen the forecasting and robust scheduling tools shave as much as a half a point or more off of labor costs while optimizing the guest experience to increase revenue opportunities.”
No two restaurants are the same; therefore, the same forecasting model will not work for all. Clarifi uniquely leverages multiple, competing algorithms to ensure the automatic delivery of the most accurate forecast for each store.
“Our goal is to help our customers minimize human error and get better predictability through machine learning while preserving the managers’ on-the-ground knowledge and experiences. Restaurant managers shouldn’t have to be data scientists, so we are using machine learning with store-level inputs to automatically generate forecasts that help them do their jobs better,” said Sean Fitzpatrick, chief operating officer and head of product at HotSchedules.
HotSchedules works with over 33,000 customers – from large international chains to some of the hottest new concepts. With a continual focus on innovation, HotSchedules provides innovative technology, services and user experiences for the restaurant, retail and hospitality industries, including Clarifi, the first cloud-based intelligent operating platform. Designed for independents, multi-unit franchise operators, and international enterprise brands, HotSchedules serves over 2.8 million users across 159,000 locations in 56 countries helping them control costs, maintain compliance, improve visibility, increase profitability and drive operational consistency. For more information visit: https://www.hotschedules.com.
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