Forecasts may be created for a range of days, weeks, or months. Historical sales data may be imported as a basis for planning. For example, typically in the midst of a season you might want to look at sales volume and trends over the past 3 or 5 week period. Sales data for this period may be brought in to the forecast window, being averaged by day.
In contrast, when planning for holidays, you may opt to go to the same holiday period last year and view the data. The historical sales numbers may be: 1) updated to reflect current costs and prices; and 2) scaled up or down, based on known market conditions. Once the forecast is complete, projected financial data (costs, revenue, profit) can be printed. EatecNetX will also easily produce shopping lists from this forecast, which are readily converted into purchase orders. The system will generate daily kitchen worksheets based on the forecasted amounts.
In addition to forecasting food and beverage requirements, the forecast is a useful tool for retail and merchandising parts of the operation as well. Requirements for housekeeping items in hotel-type properties can also be forecast, using occupancy targets.
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