Hard Rock Cafe Forecasting

Three different forecasting applications used at Hard Rock

Hard Rock Café has an excellence service to their customers and they make certain their customers have an awesome visit whenever they come. Also, a part of customer service is that hard rock café furthermore changes their menu frequently in order that their customers can have a different feeling and can taste nicer and newer kind of food. They furthermore change the outlook of their restaurant from time to time so as to have a distinct atmosphere. The product that they out sell is furthermore one of the best in the world.

Long-range forecasting in setting a capacity design and intermediate-term forecasting for locking in contracts for leather items (used in jackets) and for such food pieces as beef, chicken, and pork. Its short-term sales forecasts are undertook each month, by cafe, and then aggregated for a headquarters view (Mahmoud 599).

Role of the POS system in forecasting at Hard Rock

The role of the POS system at Hard rock is that it counts every person who walks through the door. The system accumulates information from what the customers purchase or even if they just walk in. From this transaction, they then compile statistics on the average consumer. The statistics blended with data on weather, conventions and food/beverage costs sway the finalized forecasts. Since most of Hard Rock's information is all gathered into one POS system, it becomes their centre of all their strategies and basics for forecasting (Rescher, pp: 26).

The first forecasting application that Hard Rock values is the point-of-sale system (POS), which includes data on nearly every person who walks through the doors. With POS systems, you can analyze sales data, sustain a sales history to help adjust your buying decisions, and you can improve your pricing accuracy. Also, Hard Rock ...