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Revenue Management Solutions (RMS) is an international consulting firm specializing in pricing and marketing strategy, based on quantitative modeling and statistical analysis. RMS helps the restaurant & retail industry identify profitability opportunities through RMS’ patented data-driven analytics and tech-enabled solutions that optimize sales, menus and a brand’s financial health.
RMS are the pioneers driving science-based customer analytics for multi-unit food service operations. The business delivers increased profits and margins across menu items for businesses that operate mostly through a franchise model. Today, RMS maintains and analyses transaction data for more than 150,000 restaurant locations worldwide, for both successfully established brands and emerging concepts. With these insights, RMS enable operators to optimize menu prices for increased profit.
RMS maximizes profitability opportunities by analyzing transaction level data to provide insights that improve gross profit, protect guest counts, and maintain brand value.
More specifically, RMS provides value by:
- Data-driven profitability and pricing strategies analytics for individual locations, regions and times of the day. Creating profit plans for drive-in, take out, drive-thru or delivery business;
- Menu engineering;
- Managing P&L through their financial solution metiRi in order to grow profitability in franchise operations;
- Media analysis and creation and implementation of best marketing initiatives and promotions;
- Providing due diligence and real estate services for future franchise operations.
RMS is headquartered in Tampa, Florida, with offices in France, UK, Singapore, and Japan. The company was founded in 1994 by Cornell University Professor Tom Kelly and George Rice. RMS employs over 140 associates and serves major international restaurant chains worldwide.
For more information on RMS please visit their webpage www.revenuemanage.com
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