To provide greater visibility into sales trends in restaurants and bars, Technomic Inc. and Restaurant Sciences, LLC have partnered to deliver the industry’s only credible and comprehensive suite of food and beverage tracking services.
Technomic programs will deliver current and granular point of sale (POS) information coupled with deep insights into consumer purchases and behaviors in restaurants and bars.
Restaurant Sciences is excited to offer an integrated picture of patron, place and product — a dynamic view of the industry that can range at once from national trends to individual purchases. Together, Restaurant Sciences and Technomic offer nearly 50 years of deep analytic and consultative experience, combined with cutting-edge Big Data product and transaction standardization, and business intelligence tools.
Syndicated and custom programs will involve analysis of key metrics around guest occasions, presented in accessible formats and including actionable insights. Strategic services will include promotional modeling and tracking, as well as price elasticity and competitive positioning analysis and much more. Among the initial programs developed through the partnership are sales tracking tools and resources specific to adult beverage sales in restaurants and bars.