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Detailed text transcripts for TV channel - MSNBC - 20171224:12:42:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171224:12:42:00

>> reporter: by using the data this way to revise vendor orders and update the products offered, lindsay's retail business is what allen bonde calls data driven. lindsay says other shop keepers who simply collect their receipts in a drawer and wait until their bookkeepers do the math, no matter what kind of business they're in, are getting their information too late to use. food costs are not the only numbers she monitors. lindsay also uses bread crumb software to track the cash in the cash register. >> we assigned a single cashier to each register. end of the day people make mistakes, and tha...

Detailed text transcripts for TV channel - MSNBC - 20171021:11:42:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171021:11:42:00

Menu. those kinds of things. >> by using the data this way to revise vendor orders and update the products offered, lindsay's retail business is what alan bond calls data driven. lindsay says other shopkeepers who simply collect their receipts in a drawer and wait until their bookkeepers do the math, no matter what kind of business they're n are getting their information too late to use. food costs are not the only numbers she monitors. lindsay also uses bread crumb software to track the cash in the register. >> people make mistakes and that's okay. if there's a consistent thing, you can tell....

Detailed text transcripts for TV channel - MSNBC - 20150517:11:35:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20150517:11:35:00

>> these are my food costs here. that is e-mailed to her bill.com account for payment and society a spread sheet. vendor by vendor day by day month by month. >> there's frito lay. it's showing all the bills paid to frito lay. >> seeing the data daily sees the price responses. >> bringing them down or adjusting prices or dropping something off a menu. >> by using the data this way to revise vendor orders and update the products offered the retail business is what alan calls data driven. >> it's a difference between a business that generates data which all businesses do, and a business that stri...