Good Times Selects Supply Chain Management Platform
ArrowStream, a foodservice supply chain technology provider, today announced that
Good Times Restaurants Inc. has joined the growing portfolio of restaurant operators that leverage ArrowStream OnDemand technology to support critical foodservice supply chain activities and optimize supply chain performance.
In support of its multi-brand sourcing collaboration strategy, Good Times chose the suite of OnDemand technology services to help analyze supply chain data, find qualified suppliers and make quick supply chain decisions.
Good Times sought to automate what had historically been a heavy administrative burden of manual data input and spend analysis required to manage decisions across their multiple brands. With OnDemand they can focus personnel on eliminating price variance, reducing off-contract purchasing and reducing the risk of stock-outs, while continuously delivering supply chain savings across the company and enhancing shareholder value as operations grow. Given the organization’s expansion strategy, it was crucial to select an industry leader with proven expertise and results in multi-brand restaurant operations.
“Utilizing ArrowStream is a game-changer for our operations and performance,” said Nick Biegel, director of purchasing of Good Times. “When it comes to supply chain, it’s all about how quickly a company can take action. With ArrowStream’s guided analytics technology, we will transform our operations to identify supply chain disrupters across brands, gaining real-time insights and enabling us to become more strategic with our suppliers. I am extremely proud of the steps Good Times has taken over the past few years to optimize our supply chain performance. Now with ArrowStream, we have the preeminent technology as well as access to the industry and supplier sourcing expertise that will lead us into the future.”
ArrowStream delivers foodservice supply chain intelligence and analytics across every segment of the supply chain. OnDemand customers understand that centralized information is the key to running their businesses in today’s environment. OnDemand empowers companies like Good Times to strategically manage their supply chain by providing a single source of truth for a company’s procurement, distribution and marketing team’s data. With the recent acquisition by ArrowStream of ARA’s ChainBrain, Good Times will now also have access to a technology which enables a data-driven RFP solution with their suppliers.
Good Times Restaurants Inc. is operator of 36 Good Times Burgers & Frozen Custard restaurants and 29 Bad Daddy's Burger Bar restaurants, regional quick service restaurant chains.