How Hickory Tavern Reduced Food Inventory by 25%
Hickory Tavern has lowered its food inventory level by 25% for a sustained 3% improvement in costs across its 34 southeastern U.S. locations. Hickory Tavern deployed CrunchTime to streamline its back-office food and labor operations and to capture the data and insights necessary to make sound operational decisions.
“CrunchTime helps Hickory Tavern improve operations and save money,” said Dan McKeon, Software and Operations Analyst/Regional Manager at Hickory Tavern. “With its real time inventory visibility and the invaluable data intelligence extracted from the system, CrunchTime helps Hickory Tavern make better decisions based on information and insights, and 99 percent of those decisions have worked in our favor.”
Hickory Tavern implemented CrunchTime to establish a more efficient and systematic back-of-house operation. With CrunchTime’s Suggested Order food cost management, the brand quickly began to optimize inventory, pricing, ordering, recipes, and back-end operations.
“With CrunchTime we’ve maintained that improvement in COGS, and continue to chip away at the actual vs theoretical gap, lowering food costs without the use of broad menu price increases or product manipulation. The improvement was entirely based on the insights we extracted from CrunchTime,” McKeon said. “We’ve lowered our inventory level by 25 percent across the entire brand, and as we become even more sophisticated CrunchTime users, we expect to reduce inventory by another 5-10%."
Read the full case study here: Hickory Tavern Reduces Food Inventory 25 percent with CrunchTime! Suggested Order