DiscussionFood Service Financials and Data Analytics Discussion
One cannot operate a food and beverage business without understanding financials. AI and Data analytics have created tools which makes analysis food and beverage data in a manner which “should” make decision making both better and easier.
Please discuss what impact AI and data analytics have on the food service industry and how it will help you succeed in your career.
FOLLOW RUBRIC!
Documentaries and specialized video series covering food and beverage restaurant financials focus on margin management, profit-first accounting, and industry evolution. Key resources include Revolution Of The Restaurant Industry (industry changes), YouTube channel The Restaurant Boss (covering prime cost and accounting), and industry-specific discussions on managing labor and inventory costs.
Key Documentaries and Video Series on Restaurant Finances:
Examines how technology, cloud kitchens, and changing consumer behavior have shifted restaurant business models, specifically regarding food delivery and brick-and-mortar economics.
YouTube Resources for Restaurant Financial Education
The Restaurant Boss (Ryan Gromfin): Offers, such as Cooking The Books, deep dives into reading financial statements, understanding prime cost, and controlling inventory.
Discussion
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This criterion is linked to a Learning OutcomePost SourcesMin. 2 sources |
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5pts |
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This criterion is linked to a Learning OutcomeWord countMin. 300 words |
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10pts |
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This criterion is linked to a Learning OutcomeContentQuality of your original post |
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10pts |
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This criterion is linked to a Learning OutcomeReplyMust post min. 2 replies to peer’s original post |
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5pts |
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This criterion is linked to a Learning OutcomeReply SourceMin. one source |
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5pts |
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This criterion is linked to a Learning OutcomeResponse ContentMust include one original suggestion to peer’s comment: |
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5pts |
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Total Points: 40 |
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Requirements: NA
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