Do I have to enter my data into ProfileIQ?
Yes, the only way to compare yourself to your peers is to enter your data so that we can standardize and anonymize the comparisons.
Why FSIQ
FoodSupplyIQ is a business intelligence product created for foodservice supply chain management professionals. Our vision is that our digital platform will be the “go to” place for industry professionals who seek to profile, compare and rate themselves against their peers and industry best practices – ultimately leading to superior supply chain performance and brand profitability. The need for data-driven insights to support decision-making processes is more important than ever.
Volatile market factors require a new level of supply chain resilience. Foodservice executives need real-time insights – driven by access to real comparative data – to keep operations adaptable and strong amidst constant fluctuation. Our unique suite of services unlocks standardized metrics that, for too long, were inaccessible to decision-makers.
Build your case.
To know where to go, you have to know where you stand. Our proprietary suite of services includes premier access to peer-benchmarking supply chain analytics and intelligence modeling that allows you to:
In this unusual post-pandemic era, you will need thoughtful decision-making around current supply chain challenges, including:
FoodSupplyIQ is how multi-unit leaders get results and build organizational alignment in the process.
Our Product Suite gives supply chain executives the opportunity to choose from separate, but integrated, cloud-based product subscriptions.
Who Benefits?
Supply Chain Executives and their teams are the primary beneficiaries by having a “go to” digital platform that gives them reliable, immediate and fact-based data to make decisions, justify investment and communicate performance metrics and comparisons.
Other brand stakeholders will benefit, too.
Take these scenarios:
Return On Investment
Our subscription costs are an investment in significantly better supply chain decision-making, leading to continuous supply chain improvement, optimization and return on investment for your brand. Our application will allow you to:
- Organize and maintain the key metrics and characteristics of your supply chain in the cloud…all in one place.
- Visualize your supply chain with robust charts and graphs. Makes it easy for you and other stakeholders see opportunities and identify risks.
- Benchmark your supply chain against your peers, brand family or competitors of any size, menu type or service style. This is a key step in any performance improvement process.
- Build your case for supply chain staffing or systems investments with data driven comparisons and insights.
- Prioritize your time and effort on planning and decision-making with data-driven information at your fingertips. Enhance personal and team productivity.
- Plan with an on-demand “current state snapshot” as the basis for what “good looks like” going forward, i.e., assuring supply at the best possible cost.
- Track progress in your supply chain metrics, staffing and structure. Compare your progress over time with other restaurant supply chain systems.
- Professionally develop your staff. Use of our application across the full spectrum of supply chain management will enhance team education, leadership, and collaboration.
Our Team
It takes the right blend of ingredients to turn an ordinary recipe into something special. Our founders are industry veterans with the necessary experience, skills and passion to develop this platform to help supply chain executives achieve greater insights for strategic decision-making. Each brings different industry perspectives that are complementary to one another and ideally suited to this effort. All are builders who have a proven track record of successes.
Bob Sala
Bob Sala focuses his effort on community development and our go-to-market strategy. His industry experience leans toward distribution and logistics, but he has broadened his supply chain expertise as a trusted supply chain advisor along with Ron’s practice. With a passion for giving back to our great industry, Bob is committed to transforming supply chain decision-making by providing community benchmarking and related best practices.
Ron Cegnar
Ron Cegnar brings a wealth of restaurant supply chain experience to our effort. His deep experience as a senior supply chain executive and supply chain consultant to scores of restaurant brands ensures that our product is relevant and speaks the language of supply chain executives. As the author of UNCHAINED: Building Next Generation Supply Chain Systems for the Changing Restaurant Industry, Ron also has demonstrated his dedication to the professional development of industry supply chain executives, especially those entering the profession.
Jim Szatkowski
Jim Szatkowski oversees the development of our product offering. He listens intently to customers and has a unique ability to break down complex problems into manageable components. It is his responsibility to design effective solutions by bridging technology with business process. His relentless pursuit of process improvement will ensure we are always improving and providing our customers with the insights they need.
FAQ
How often do I need to update my data?
As often as you wish. We recommend that you edit your information any time you have a significant change in supply chain metrics, trading partners or organization. This will ensure that peer comparisons are dynamic and, in turn, will help you to make better decisions.
Who is responsible for my data accuracy?
You and anyone that you assign to enter your data are responsible for data accuracy. We help in that process by ensuring that numerical information totals correctly. We also provide tool tips at each data entry field to eliminate confusion and interpretation errors.
My resources are limited. Can I delegate my data entry to others?
Yes. You can set up sub-users with unique sign-in credentials to spread out the data entry effort. You are also able to download worksheets to help in the data entry/update process.
How many users do I get with my subscription?
You may set up an unlimited number of associate-user accounts.
Is my data confidential?
Yes. Data confidentiality is our first priority. We have set up robust sign-in protocols where only your company email address and multi-step authentication is used. Data is encrypted and requires an encryption key to unlock. The encryption key is only assigned to users of the brand who have an email address with the company’s domain.
Can other brands see my data?
No. PeerIQ comparisons are anonymized by including at least five other brands in any competitive set that you select. All data will be veiled by using percentages, ratios, and other normalizing methods.
Can others in my company see my data?
Yes, but only if you authorize them to do so. It is recommended that you not share logon credentials, but set-up individual user accounts, which provides a greater level of security.
How are the peer comparisons in PeerIQ categorized?
We use the categories provided annually by Nation’s Restaurant News and Datassential. These enhanced comparisons will include menu type, such as burger, midscale, Mexican, etc. We currently provide comparisons for Quick Service (QSR) and Full Service (FSR) ranked in the top 500 restaurant brands. Each brand service format is then categorized by size: those in the Top 50, 51-100, 101-150, and 150+. As our subscription community grows we will provide more comparison granularity, but only after our anonymity protocols are met.
Will I receive standard reports, and with what frequency?
Our reports are available in ProfileIQ and PeerIQ On-Demand. In this way, you can view your data or peer compassion data when you need it.
Can I customize my peer group comparison reports in PeerIQ?
Absolutely! While we provide basic reports in PeerIQ, our robust visualization platform provides you with many different ways to see your peer companies.
Any antitrust compliance concerns?
No. The data-based business intelligence products we have designed have a legitimate, procompetitive purpose, and do not warrant antitrust scrutiny. That said, any data collected and disseminated by SCIQ will be properly aggregated and anonymized to provide safeguards against giving an appearance of a collusion on price among competitors.
If I need help or have other questions, who do I contact?
Email us at questions@foodsupplyiq.com or call 708-416-6899.