RezGuru

RezGuru is the world’s first automated revenue management software for restaurants, which allows restaurants to optimize their capacity utilization, optimize staffing, reduce food wastage, and maximize their revenue potential by up to 18%.

RezGuru's proprietary algorithms uses big-data and machine-learning to map multiple macro and micro data-points to develop data patterns and sophisticated models for predictive analysis. Based on these predictive models, RezGuru’s revenue management algorithms provides restaurants with recommendations for optimizing:

1) Table Configuration and Set-up
2) Staff Scheduling
3) Menu Engineering and Pricing
4) Inventory Management
5) Dynamic Pricing
6) Channel and Distribution Management

RezGuru provides data-driven business intelligence and recommendation engine to restaurants owners, allowing them to make informed decisions to help maximize their revenue potential.

PROBLEM:
Restaurants are highly fragmented, unorganized, and inefficient businesses. Their biggest problem is under-utilization of their capacity and food wastage. Most restaurants run at an average 40%-50% of their capacity and have food wastage of over 20% due to lack of forecasting and menu engineering tools. As a result, globally over 30% of restaurant fail within the first year of operation and this number rises to 60% by the third year.

Restaurants have perishable inventory, if they don’t sell a table or food it’s a lost opportunity for them. However, unlike airlines and hotels, restaurants don’t use revenue management and predictive analysis to optimize their capacity utilization and maximize their revenue potential.

SOLUTION:
RezGuru is the world’s first revenue management software for restaurants with predictive analysis and automated dynamic pricing. It allows restaurants to optimize capacity utilization, optimize staffing, reduce food wastage, and maximize revenue potential by up to 18%.

Similar to airlines and hotels, restaurants can now offer differential pricing to customers based on multiple parameters; helping restaurants optimize their capacity utilization and maximize their revenue potential.

The cloud based application also provides restaurants with real-time analytics and business intelligence, allowing them to make informed strategic decisions on pricing, staffing, and inventory to help them reduce food wastage and maximize their revenue potential.