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Fourth: Restaurant Workforce and Inventory Management

Fourth helps restaurant operators manage labor and inventory in one platform. It is designed for teams looking to use AI forecasting to help reduce food waste and manage staffing levels.

At a glance

Category
Operations
Best for
Restaurant managers, Hospitality group operators, Multi-location restaurant owners, Food and beverage operations leads
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
Key use cases
Staff Scheduling and Compliance, Food Waste Reduction, Payroll and Tip Management, Menu Engineering
Integrations
POS integration, Vendor integration, Supply chain system integration
Official website
www.fourth.com
Screenshot of Fourth website

Fourth is an operations platform built for the restaurant and hospitality industry. It combines back-office functions, including recruiting, payroll, labor scheduling, and inventory control, into a single system.

The software is designed for restaurant managers and owners to gain visibility into their margins. It uses AI-driven forecasting to help managers determine staffing needs based on demand and manage stock levels.

Buyers should note that the platform includes specific product modules such as HotSchedules for workforce management and Fourth iQ for AI analytics. Depending on the scale of the operation, different suites may be more appropriate.

Because the system integrates with POS and supply chain vendors, buyers should confirm that their specific existing hardware and software are supported.

Key Features

AI Forecasting

Uses artificial intelligence to predict labor and inventory needs, which may help reduce overstaffing and food waste.

Workforce Management

Includes tools for labor scheduling, time and attendance, and restaurant labor compliance.

Inventory Control

Supports purchasing, receiving, and invoicing alongside recipe and menu engineering.

Human Capital Management

Provides tools for talent acquisition, payroll processing, and HR management.

Production Control

Includes dynamic production and prep management to help control stock usage.

Use Cases

Staff Scheduling and Compliance

Using workforce tools to coordinate shifts and manage labor law compliance.

Food Waste Reduction

Applying AI forecasting and production control to help align stock levels with demand.

Payroll and Tip Management

Processing employee payroll and managing digital tip payouts.

Menu Engineering

Managing recipes and menu costs to help protect profit margins.

Best For

Restaurant managersHospitality group operatorsMulti-location restaurant ownersFood and beverage operations leads

Integrations

POS integrationVendor integrationSupply chain system integration

Pricing

Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.

FAQ

What does Fourth software do for restaurants?

Fourth provides a platform for managing recruiting, payroll, labor scheduling, and inventory, using AI to help forecast demand and reduce waste.

Does Fourth integrate with other restaurant tools?

Yes, the platform is designed to integrate with POS, vendor, and supply chain systems to help keep financials and inventory in sync.

What is HotSchedules?

HotSchedules is part of the Fourth suite, focusing on workforce management, including hiring, scheduling, and compliance.

Source category: Operations

Source subcategory: Inventory Management

Categories:

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