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HIGH TECH PIZZA System Request Presented By : Anupama Chandrika Mattew
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Project Sponsor: Michael Ferrar, CEO Organization: High Tech Pizza Phone: 281-234-1234 Fax: 281-365-3100 E-mail: ferrar.michael@hightechpizza.com
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High Tech Pizza is a Houston based pizza company. It’s a chain of 53 branches located in the Texas. Been in business for last 15 years. About $40,000,000 annual sales. Currently employs 106 full-time and 485 part-time members. Very well established in the Texas pizza market.
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Company earns revenue by selling pizzas through numerous branch locations. Current system processes pizza delivery transactions using credit cards at the branch location via keypad entry on outboard credit card processing terminals. Company is suffering high chargeback rates and higher processing fees for non-swiped credit card transactions for pizza deliveries.
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Need efficient system to handle transaction to reduce chargeback rates and processing fees company wide. Need accurate database reports for market demographics and purchasing patterns. Need accurate reports on timeliness of deliveries and efficiency of production.
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Ease of transition to new system. Ease of training of delivery team members. Use of low cost equipment that is already available in marketplace. Secure credit card transaction processing. Database compilation on customer preferences, buying patterns, modes of payment, etc. to improve overall customer satisfaction.
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Lowering credit card transaction processing fees from 3.25% to 2.25%. On credit card sales $1,250,000 per month, that represents a savings of $12,500 per month. Increased efficiency in transactions. A reduction in chargeback rates from 4% of total credit card transactions to.5% which represents a savings of $525,000.
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Improved customer satisfaction. Database updated automatically, not requiring personnel to update manually. Increased accuracy of credit card transactions. New system will be more secure than keypad entry system.
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Software Application must be developed. Cost is a concern due in part to the development level of this new technology. PCI Compliance Standard must be attained to achieve cost reductions.
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Questions? Comments? Compliments?
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