2. F&B – Analysis of Data
A POS software has a rich set of reports which
cater to both
OPERATIONAL ANALYTICAL
Check wise data for revenue,
settlements, taxes etc.
Days summary
Item Sales on specific date(s)
Periodic Summary
Sales History
Revenue, Settlements, taxes
etc. with MTD and YTD data
3. F&B – Analysis of Data
But are the
reports enough
to analyze?
4. F&B – Analysis of Data
More questions that come to the mind…..
How do I know the best selling items in April,
served for dinner…...
….for the two restaurants, but not the Bar…
……best selling items in Christmas..
5. F&B – Analysis of Data
…how to handle external factors, like…..
What sells when the temperature crosses 40
Celsius?...
Does the revenue go down when it rains
above a certain level?....
Do the covers increase when there is a home
match for the local team?
6. F&B – Analysis of Data
The question is, if the
reports cannot give
me the information,
then who/what can?
7. F&B – Analysis of Data
Is it a spreadsheet tool, like Excel?
Not really…
You must be really good at excel to setup the sheets you
require.
You must know the database to be able to get the correct
data into Excel and then setup formulae (and these are
complex) to analyze them.
And when the database changes (due to version upgrades),
you start all over again.
9. F&B – Analysis of Data
What is ?
New Microsoft Business Intelligence product line.
Aimed at business power users and end-users
Rich interactive reports, dashboards, charts, graphs, and maps
Minimize clicks to complete tasks
10. F&B – Analysis of Data
What can Power Touché do?
It can report from your operational data. Not just in a tabular format but with
different visualizations.
It can link the structured(operational data) to the unstructured (external factors
like weather, events/holidays) and then analyze the data on that basis
As it does not directly connect to the data on the premises
the data privacy is maintained.
Speed of operations is not affected.
11. F&B – Analysis of Data
What do I see in Power Touché? My Business at a glance
12. F&B – Analysis of Data
Let’s go deeper into this and look for the year 2014
Do you notice the
unusual spike in
my covers in Aug.
(My APC will take
a sudden hit in
this month.
14. F&B – Analysis of Data
Let’s compare the month of Aug for the 2 years– 2014 and
2015.
15. F&B – Analysis of Data
Drilling down further. Is this happening on Weekdays or
Weekends? (Have also selected Chargeable checks)
16. F&B – Analysis of Data
Drilling down further. Is this happening on Weekdays or
Weekends?
Aug Weekends
do not have a
large variance.
1754 vs 1875
17. F&B – Analysis of Data
The weekdays seem to be where the issue is. If I had so many
covers coming into my Restaurants during the weekdays, why
has the revenue not gone up?
18. F&B – Analysis of Data
My Average per cover in Aug 2014 is only 627 as against 962
in Aug 2015.
Did I give too many discounts in that month?
Lets find out……
19. F&B – Analysis of Data
The discount report for all the years.
Lets drill down with the same parameters as we had done earlier.
20. F&B – Analysis of Data
Notice that the net discounts given for Aug in the 2 years is not
much.
21. F&B – Analysis of Data
In Aug 2014, a net discount is just 2% of the revenue
22. F&B – Analysis of Data
So operationally there is no reason why our Revenue is low in
this month.
Were there some external factors which affected the revenue?
Were the prices lowered in the month due to a competing restaurant which
recently opened in the vicinity?
Were there some promotions running during the period?
Maybe, there are more…..
23. F&B – Analysis of Data
So, through Power Touché, we have taken up a business issue
and tried to get to the bottom of it.
Same can be done with other problems as well.