How we helped a top Five Guys Franchisee reduce costs and forecast sales
Five Guys Burgers & Fries has leapt onto the burger scene in the past decade. Scaling from a few stores to a nationwide footprint, it has doubled the number of restaurants in a three year span. The firm has been successful based on the concept of having a simple menu, but doing those things exceptionally well.
Predicting how many burgers a store will flip each day
The leaders of this franchise group are on a mission to understand how to optimize their restaurants. They had developed unique tools/metrics to monitor their business and tasked us with taking them to the next level. The student team built upon their existing infrastructure and developed new tools to manage their franchises, including some to help them forecast demand so they could reduce inventory and labor costs.
Fun fact: There are 250,000 ways to order a burger at Five Guys
Team
1 Economics and 2 IT Consulting
- VBA programming
- Modeling & forecasting demand
- In-store implementation strategy/roll-out
- Advanced excel work
- Software testing & debugging
- Ongoing support