The Oracle MICROS Forecasting and Budget application lets you configure and apply algorithms and historical data to forecast future inventory and labor needs. For example, if a restaurant wants to prepare for an upcoming holiday weekend, the system uses historical Net Sales data:
Based on a typical weekend shift requiring 8 servers, 2 bartenders, and 2 hostesses, the system forecasts a staffing requirement of 10 servers, 3 bartenders, and 3 hostesses.
Based on a typical weekend sales count of 25 hamburgers, 14 salmon dinners, and 22 grilled chicken entrees, the system forecasts an inventory requirement for the preparation of 32 hamburgers, 18 salmon filets, and 28 chicken breasts.
This document provides information and instructions for:
Configuring the forecasting settings, behavior, and parameters.
Generating the forecasts.
Planning, creating, and scheduling promotions and events.