AI Forecasting For The Hospitality Industry

Predict future demand, take control of your labor and inventory budgets, and grow at an unprecedented scale.

Act on Intelligent Predictive Insights

Fourth’s Hospitality AI Forecasting engine uses state-of-the-art machine learning algorithms to analyze your company’s data to quickly detect patterns, learn trends, and identify event outliers so you can confidently plan for future demand. When coupled with our workforce and inventory software, AI Demand Forecasts create actionable insights that automate decision-making, allowing operators to save time, reduce waste, and boost profitability.

How to Make Demand Forecasting Your Competitive Advantage

Amid the dynamic restaurant industry, an ongoing challenge is accurate demand forecasting. Relying on traditional models leads to scheduling errors and inefficiencies. Why?

How (and How Not) to Accelerate Hourly Recruiting with AI

Amid labor shortages, industries turn to AI for quicker hourly hiring. Yet, balancing benefits with AI risks is crucial for success.

The top 3 AI solutions for back of house operations

From more efficient hiring practices to optimizing scheduling and inventory management, here are the top 3 ways to optimize your back of house operations with the help of AI.

How it Works

Created from the largest repository of data-- collected from serving more than 100,000 locations globally and 14 of the top 20 restaurant chains-- Fourth’s AI Forecast delivers unmatched accuracy.

Data Collection

Fourth’s AI Forecasting algorithm performs an in-depth analysis of intrinsic and external data points including 7+ years of historical sales data, guest counts, in-store prom

Data Preprocessing

The algorithm cleans the data by detecting and removing event outliers, increasing the accuracy of the forecast.

Data Training

The algorithm trains itself by analyzing its forecasted vs. actual results. With each new data point, the algorithm continues to refine the equation, making daily improvements.

Predict the Future

Fourth’s Hospitality AI Forecasting algorithm performs an in-depth analysis of intrinsic and external data points including 7+ years of historical sales data, guest counts, in-store promotions, holidays, and more.

Save Time

Synch with our workforce and inventory management solutions to automate forecasting, scheduling, and purchasing.

Reduce Costs

Systematically eliminate costly inefficiencies like under and overstaffing and food waste.