5 Out is an AI restaurant forecasting software designed to optimize purchasing and labor scheduling in the restaurant industry. It uses next-gen machine learning and artificial intelligence to analyze data in real-time, predicting sales up to 21 days in advance with up to 98% confidence. Based on these predictions, 5 Out recommends real-time staffing and purchasing actions to increase profitability. The software automatically integrates with existing systems and requires no onboarding or employee setup. It also tracks weekly and daily performance over time, both on the business and the accuracy of its projections, empowering users to make more confident decisions.
⚡Top 5 5 Out Features:
- AI and Machine Learning: 5 Out uses advanced AI and machine learning algorithms to analyze sales data, predict future demand, and optimize inventory levels and labor management, reducing food and labor costs and maximizing profitability.
- Real-Time Inventory Tracking: The software provides real-time inventory monitoring, helping to reduce food waste, improve customer experience, and ensure adequate stock for customer demand.
- Sales Forecasting: 5 Out offers accurate sales predictions up to 21 days in advance, with as high as 98% confidence, enabling better labor and purchasing decisions.
- Harri Integration: Seamless integration with Harri simplifies restaurant labor scheduling and optimization.
- Custom Purchase Categories: 5 Out now enables tracking of non-food-related costs alongside food and beverage costs, providing a holistic view of restaurant expenditure for better financial management.
⚡Top 5 5 Out Use Cases:
- Inventory Management: 5 Out helps restaurant managers streamline inventory controls processes, reducing the risk of overstocking or understocking products, and ensuring the right amount of stock is on hand to meet customer demand.
- Labor Management: The software optimizes labor scheduling based on sales predictions, helping to reduce labor costs and improve efficiency.
- Food Waste Reduction: Real-time inventory tracking allows restaurants to reduce food waste by tracking inventory depletion and reordering items when necessary.
- Customer Experience Improvement: Adequate stock ensures customers always have the food they want when they need it, leading to improved customer satisfaction and potentially more sales.
- Financial Management: 5 Out’s comprehensive expense monitoring enables better financial management by tracking non-food-related costs alongside food and beverage costs.
