Managing spirits with digital technology
After Lamers and NRC-IRAP Industrial Technology Advisors (ITAs) Liza Medek and Sy Symoom discussed the strategic impact of implementing a new system, they agreed that digitizing liquor management would be the ideal first step. "We helped Cornerstone decide how to get the best return on their investment," says Symoom. "Gary is a savvy restaurateur who brought a lot of value to the table—an important factor in effective technology implementation." Medek was also impressed by Lamers’ foresight in seeking IRAP assistance, given that restaurants are not typical IRAP clients.
Pushing the success envelope
Cornerstone’s results are just the tip of the iceberg, and will swell as they are rolled out to the other restaurants:
- Inventory losses at Cornerstone are down 15 percent
- Savings have increased by $200,000
- Bottom-line profit rose by 2 percent
- Beverage manager hired in each restaurant to manage the system
Read more about the report here
Philippines' Restograph is a software-as-a-service platform which gather and transforms POS data into readable trends and projections that helps restaurant owners and managers strategize better, grow their business and prevent cases like restaurant theft. Restograph also includes presentation of customer ratings and reviews from Zomato and LooLoo.