Agilence featured on Modern Restaurant Management

Posted by David Pettit on Oct 4, 2017 9:14:27 AM

Recently, Agilence's own F&B team has had their analytical insights featured on Modern Restaurant ManagementWe wanted to make sure members of the Agilence community didn't miss out on these two recent posts, so check out the links below to learn more.

Read More

Topics: Blog

Implementing a Data Analytics System That Your IT Department Will LOVE

Posted by Adam Creamer on Jun 20, 2017 9:31:55 AM

It’s more critical than ever to have a working relationship with your organization’s IT Department.

Analytics resources are at the point of being mission-critical to your day-to-day productivity, and that’s why it’s crucial you have an internal partner championing your technology needs.

Read through “Implementing A Data Analytics System That Your IT Department Will LOVE,” a new whitepaper outlining the 7 essential methods to getting IT buy-in. This whitepaper is based on interviews with IT & Loss Prevention experts who work within the world of retail and have rolled out data analytics solutions within their organizations.

Read More

Topics: Blog

The Moneyball Approach to Restaurant Operations

Posted by Dennis Burge on Jun 12, 2017 8:30:00 AM

 

How Restaurants Are Using Data Science to Climb Up the Standings

Whether or not you are a fan of baseball, you have likely heard the term “Moneyball” referenced at one time or another. 

IMG0097-copy.jpg

The term originates from a 2003 book of the same name (turned hit movie with Brad Pitt) about Billy Beane, General Manager of the 

Oakland Athletics, who would go on to become a sports analytics pioneer. Beane challenged the conventional wisdom of Major League Baseball by building a winning baseball team through a groundbreaking, data-driven approach.

Prior to Beane’s revelation, GMs attempting to solidify their roster resorted to a manual, “go out and see them play” methodology. This antiquated, albeit pervasive method relied almost exclusively on the keen eye of upper-level scouts (think Clint Eastwood in Trouble with the Curve) and the all-important “stat-line” (Batting Average, Home Runs, Stolen Bases, RBI, etc.). However, Billy Beane’s new approach, dubbed sabermetrics*,” relied less on the old school, manual scouting element and more on data science (specifically advanced quantitative statistical analysis) to determine a players’ worth as well as their fit to his existing ball club.

Read More

Topics: Blog

2016 Office Decorations!

Posted by Adam Creamer on Dec 22, 2016 10:07:00 AM

It’s that time of year again, where the Agilence staff gets together to decorate their work areas – aka their dog bones – to see who the best decorators are.  There were no Christmas light shows like last year, but all of the teams came through with great displays.

Read More

Topics: Blog

5 Tips to Take Restaurant Performance from Good to Great

Posted by Laura Hills on Dec 8, 2016 1:09:00 PM


The holiday season is here!  Like holidays past, the restaurant industry should see no shortage of business.  Table-service restaurants serve as a reunion or gathering spot for family, friends and coworkers alike, while quick-service establishments keep shoppers energized and moving as they search for holiday treasures.

Read More

Topics: Blog, Use Cases

3 Easy Ways to Improve Sales and Profits

Posted by Maddy Moyer on Nov 3, 2016 10:09:00 AM

As we near the holiday season, businesses everywhere are ordering inventory, stocking the shelves, and hiring seasonal staff to prep for the rush of shoppers that awaits. According to the National Retail Federation, 2016 Holiday sales are projected to rise 3.6% this year and, for many stores, the holiday season from November to December can represent as much as 30% of their annual sales. As a business owner, you want to capitalize on this opportunity but you don’t want to go over budget by investing in unnecessary holiday expenditures. Here are 3 tips we have for you so that you can make the most of this holiday season without breaking the bank:

Read More

Topics: Blog

Use Case Spotlight: SITs

Posted by Maddy Moyer on Oct 6, 2016 2:37:00 PM

Single item transactions are always a point of concern for restaurant loss prevention professionals. While these transactions will happen in the normal course of daily business, high velocity by the same cashier is an indication of potential pass-offs of added items to friends and family ("Sweet-hearting") or the cashier under-ringing items and pocketing the added cash from the guest. These transactions look like incomplete orders, like just the bacon showing on a check for a double bacon cheeseburger, or just the guacamole appearing on an order for a burrito. The cashier sends the full order to the kitchen, but then voids off items and only rings the add-on item and tenders the check, pocketing the difference.

Read More

Topics: Blog, Use Cases

Spurn The Churn: Reducing Employee Turnover

Posted by Maddy Moyer on Sep 21, 2016 1:00:00 PM

Employee turnover is inevitable – not many people stay with one company forever anymore.  People leave for all sorts of reasons, but the top reasons people leave a job are addressable like their relationship with their boss or feeling unchallenged or unappreciated.  TheBalance.com cites the “Top 10 Reasons Why Employees Quit Their Jobs”[1] and the employee’s relationship with their boss tops the list.  In fact, relationships with management and coworkers are on the top of the list along with other controllable factors that can influence workforce performance.

Read More

Topics: Blog

Agilence User Forum Features Customer Case Studies, New Community Portal

Posted by Maddy Moyer on Sep 20, 2016 3:24:45 PM

Annual Agilence User Forum focuses on best practices to increase margin, reduce costs

and drive operational efficiencies that improve the bottom line for top tier retailers and restaurants

MOUNT LAUREL, NJ, September 20, 2016 – Agilence, Inc., the leader in cloud-based data analytics for retail and restaurant operations, today announced its annual user forum was held on September 13 – 14, 2016 at the Franklin Institute in Philadelphia, PA.  Agilence customers, representing a diverse group of mid to large tier retailers and restaurants, came together as a user community to discuss industry trends, network with peers and exchange ideas and best practices in driving margin improvements, expense reduction and improving operational efficiencies through data analytics.

The Agilence User Forum featured user presentations, hands-on workshops, and an Executive Think Tank program.  Industry leaders shared successes in not only identifying but recapturing significant bottom line dollars for their companies using 20/20.  

Agilence unveiled a brand new online discussion forum, the 20/20 Water Cooler™! 

Read More

Topics: Blog, Press Room

Dividing the Day to Multiply Operational Efficiency

Posted by Maddy Moyer on Sep 14, 2016 11:00:00 AM

In the restaurant industry, dayparting is the practice of dividing the business day into several parts– Breakfast, Brunch, Lunch, Dinner etc. During these blocks of times, different menus are featured with items targeted toward that particular mealtime and/or demographic.

Analysis of dayparts can provide owners and managers with actionable insights into how they can optimize their meal service operations. Measuring metrics such as order accuracy, kitchen bump time, and production time by menu item, across different times of the day, can influence menu assortment, pricing strategies, ordering logistic accuracy, and effectively aid in the proper scheduling of staff.  

Read More

Topics: Blog