Fourth, a provider of workforce and inventory management solutions, has released Fourth iQ 2.2: AI powered Restaurant Inventory Management. This update introduces new AI-driven recommendations directly into the iQ App to help restaurant operators proactively manage stock, improve compliance, and benefit from an enhanced user experience.
The core focus of iQ 2.2 is to help managers anticipate and prevent inventory shortfalls before they can disrupt service or profitability, transforming data into “proactive actions.”
Preventing Inventory Shortfalls with AI
With the iQ 2.2 release, there are two AI-powered inventory management suggestions that have the greatest impact:
- Predictive Out of Stock Alert: This AI-powered alert anticipates the exact time of day or week when main products will be out of stock. It determines this risk by looking at the stock on hand combined with the expected sales. The advantage is that managers can intervene beforehand by ordering or reallocating stock thus avoiding service disruptions and protecting the guest experience.
- Sales Item Unavailable (86) Alert: If a shortage of an essential ingredient will affect the recipes, the system alerts managers and indicates which menu items will soon be unavailable for sale. This gives the freedom to the teams for quick substitutions, menu updates, and managing the expectations of guests.
Additional Benefits for Restaurant Operations
Along with the Restaurant Inventory Management revelations, iQ 2.2 also extends the compliance and workforce readiness functionalities by the introduction of:
- I-9 Verification Process Alerts: When an employee changes their I-9 status, managers receive a notification, henceforth, they can check and finalize the verification process right in the app to be sure of compliance.
- Expiring Certificates Notifications: Managers get a notification when the staff members whose certificates (for example, food safety) are about to expire. They can then update the certificates that they have renewed in the iQ App.
Moreover, this release enhances the user experience through a user-friendly interface and displays the ‘iQ Reasoning’ text to give managers more background for each recommendation.
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News Source: Businesswire.com