Inventory Optimization for a Food Distribution Channel
Using Advanced Data Analytics to Save Costs in a Low-Margin Business
NiteFoodie is a medium-sized American fast food chain based on the west coast, with around 20 million annual customers and 60 restaurants.
Two years prior to contacting Perceptive Analytics, the company entered the food truck business and expanded aggressively to gain market share. However, the company faced low margins in its packaged food distribution and found there was scope for significant improvement.
NiteFoodie contacted Perceptive Analytics to optimize food pack distribution and reduce costs. Our team analyzed the company’s processes and developed a tool that optimally distributed the food packages required among the carriers. The exercise resulted in annual savings of nearly 17%.
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