ArrowStream, Inc., a supply chain innovator that combines expertise in data science and analytics to improve the way supply chains perform, announced Tuesday that Shake Shack has licensed ArrowStream's market-leading OnDemand software to help it better manage food spend, inventory, limited-time-offer (LTO) tracking, auditing, and contract management with its suppliers and distributors.
Since its founding in 2004 in New York City's Madison Square Park, the popular food chain has grown to over 100 units, with a stated intention to open at least 450 domestic owner-operated locations over time. Maintaining food quality and having the most accurate data possible on all products through this expansion is of utmost importance to Shake Shack, which is why partnering with a brand like ArrowStream, with several top 100 chains in its customer portfolio, is imperative.
"OnDemand will provide Shake Shack with the analytics and transparency we need across our supply chain to make better supply chain decisions and ensure we are successfully positioned to accelerate into the next phase of our evolution," says Jeffrey Amoscato, vice president of supply chain and menu innovation for Shake Shack. "ArrowStream shares Shake Shack's progressive and expansion-minded corporate mentality. Aligning with that kind of partner provides us with assurance that as the industry inevitably evolves, so will ArrowStream's technology and the Shake Shack brand."
ArrowStream empowers some of the nation's largest food chains, such as Golden Corral, Popeyes, Jamba Juice, and more, to quickly uncover the biggest savings opportunities and proactively address the most pressing threats in their supply chains by centralizing inventory, contract, and quality assurance information. OnDemand cleanses, merges, and maps restaurant data to generate “at your fingertips” insights that provide restaurant supply chain and purchasing departments a single source of truth to make better tactical and strategic decisions.
"We are excited to have Shake Shack join the ArrowStream family," says Jeff Dorr, chief customer officer, ArrowStream. "With OnDemand, Shake Shack is primed to meet its corporate expansion goals by having an intelligent technology in place that uncovers the savings and operational efficiencies of a rapidly growing chain. With our broad portfolio of small, emerging concepts to large, established companies, ArrowStream provides a scalable, turnkey solution with deep expertise for any brand. This partnership is a natural fit for two cultures that are never satisfied with the status quo and are pushing the boundaries to drive better operations. We are thrilled to be working with Shake Shack and fully expect to watch them grow into one of America's most successful chains."