30. Making the Data Simple with Derek Tonn of Black Rock Coffee
Manage episode 407262525 series 3561793
SUMMARY:
Join hosts Aaron and Ben as they dive into the world of business analytics and operations with special guest Derek Tonn, Vice President of Analytics at BlackRock Coffee Bar. In this insightful episode, Derek shares his journey from CEO of Roasters to his current role, shedding light on the critical role of analytics in modern businesses.
Derek discusses the challenges of monitoring and predicting company performance across multiple locations and states, emphasizing the importance of data in decision-making. From analyzing transactional data to tracking sales trends and competitor pricing, Derek reveals how his team translates complex data into actionable insights for operational improvements.
The conversation delves into the intricacies of data collection and consolidation, highlighting the hurdles of integrating disparate systems and processes across a growing enterprise. Derek shares valuable lessons learned from turbulent times, stressing the importance of adaptability and humility in the face of rapid change.
As the episode unfolds, Aaron, Ben, and Derek reflect on the evolution of their professional journeys, from navigating uncertainty to embracing new opportunities. Discover how their collaborative efforts shaped not only their individual paths but also the success of their ventures.
Tune in to gain invaluable insights into the world of business operations and analytics, and learn how to navigate data complexity with confidence and agility.
Minute by Minute:
0:00 Introduction
2:34 A bit about Derek Tonn
5:27 Making all the data simple
9:25 Centralizing data for 120 stores!
14:33 Lessons learned entering the coffee business
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