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Calculating Carryout: How Restaurants Can Predict and Leverage the Impact of 3PD

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Some restaurants have little or no visibility into 3PD orders. It may be that their POS systems aren't capable of differentiating them, their employees don't have the training, or their regular operations simply treat them as dine-in or carryout orders. Whatever the case, this prevents these restaurants from measuring the volume and impact of 3PD orders. You'll certainly feel the impact, but you won't have the data you need to make informed decisions and capitalize on emerging opportunities. The businesses that are best poised to establish successful nontrad locations and correctly prioritize the best real estate moves are the ones that can easily segment 3PD sales. Ideally, they can separate sales by 3PD service provider as well, helping them see who their most effective 3PD partners are. Configuring your POS to track 3PD sales and training staff to separate these orders is the only way to predict how it will contribute to future store performance or model how a potential store will do in a new market. The more 3PD orders you facilitate, the more critical this attribution becomes. Without it, your sales forecasts will always carry a higher degree of uncertainty, because even if your predictive models can estimate demand for 3PD in a market, they won't be able to accurately understand or predict how that demand plays out in your stores. 04 T R A C K I N G A T T R I B U T I O N O N S I T E 2024 Calculating Carry Out: How Restaurants Are Responding to 3PD Copyright © 2024 Tango. All rights reserved. 6

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