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What is Areté Demand Planning?

Established in 1984 and located in Pennington, New Jersey, Areté Inc. is a consulting and software firm dedicated to delivering effective solutions for optimizing supply chains. Specializing in both demand and supply planning, Areté offers an extensive suite of tools designed to enhance forecasting precision, improve inventory management, and streamline production scheduling. Their diverse client base spans six continents and includes industries such as food and beverage, consumer products, and many others. Areté is committed to providing tailored support and promoting continuous innovation, ensuring that clients receive bespoke strategies that meet their unique supply chain challenges. By consistently evolving in response to market changes, Areté reinforces its reputation as a frontrunner in the field of supply chain solutions. The company’s focus on adaptability and client satisfaction sets it apart in an increasingly competitive landscape.

What is 5-Out?

5-Out is an innovative sales forecasting solution tailored for the restaurant industry, utilizing advanced AI and state-of-the-art machine learning techniques. With an impressive accuracy rate of up to 98%, it integrates both internal and external data sources to make precise predictions about future demand. Acting as a reliable advisor for your restaurant, this software reveals potential sales trends and peak times, facilitating smarter purchasing decisions and streamlined labor management to minimize food waste and avoid overstaffing. Furthermore, the advantages of 5-Out extend into the realm of budgeting, as it aids managers and operators in sticking to financial constraints, ultimately driving fiscal efficiency. By delivering a transparent view of expected sales, it empowers restaurant leaders to make informed choices, ensuring a more profitable operation overall. Additionally, the insights provided by 5-Out can foster long-term strategic planning, allowing restaurants to adapt and thrive in a competitive market.

Media

Media

Integrations Supported

7shifts
Craftable
MarketMan
Toast

Integrations Supported

7shifts
Craftable
MarketMan
Toast

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Areté

Date Founded

1984

Company Location

United States

Company Website

www.areteinc.com

Company Facts

Organization Name

5-Out

Date Founded

2020

Company Location

United States

Company Website

www.5out.io

Categories and Features

Demand Planning

Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

Categories and Features

Restaurant Management

Billing & Invoicing
Built-in Accounting
Employee Management
Food Costing
Inventory Management
Kitchen Management
Menu Management
Payroll Management
Point of Sale (POS)
Reporting/Analytics
Reservations Management
Sales Tracking
Table Management
Wait List Management
Waitstaff Management

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

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