F&B businesses are currently many who have switched to using ERP software for F&B because it can facilitate work and is also not prone to errors. This year’s Ramadan business opportunity for F&B is severely reduced. It wouldn’t be Ramadan without the bustling open-air bazaars where chefs can sell their dishes. This Muslim holy month can improve F&B revenues. But, because of the COVID-19 pandemic, the opportunity is dwindling. Some sellers are now making the bazaar online, meaning that it depends on marketing and delivery. There are various modules that ERP for F&B industries can cover.
The various modules are the POS system, central kitchen, kitchen display, self-ordering, etc. With more modules, ERP F&B Software has some benefits, such as may improve chef-waiter communication, and increasing retention and revenue, among other purposes.
Even so, with the online method, during Ramadan, food orders will increase because of the need for iftar and Eid al-Fitr holiday gifts. Therefore, switching to using F&B ERP software is the right choice. Before that, you can download the F&B Software ERP pricing scheme from HashMicro to find out the costs you will incur. However, this article will not talk about it thoroughly. In this article, we will summarize what kind of benefits ERP software for F&B can provide.
Table of Content:
Table of Content
Focusing the sales on the most wanted menu
The social distancing policies prohibit people from dining in and gathering in groups. However, with takeaway deliveries, you can still have current sales data to be learned.
As the POS System completes the transaction, it will neatly save the information. You can easily generate a sales report automatically from certain time ranges. It can be best-selling items from recent times or even many Ramadans before. Then, your business instinct will play a role. Whatever your business decisions will be, it has a strong basis thanks to data accuracy.
If you can maximize your sales on the most selling items as per the historical data, it will save you a lot of money. You don’t have to spend costly on items that are not going to perform well.
Learning customer’s behavior and marketing it
ERP System for F&B covers membership management that stores all information and sales history of your loyal customers. This information will be useful to persuade them to repurchase through an effective marketing strategy.
The system can generate information such as what items a customer often purchases or inclusive member purchase data. It means that you can promote it personally! The Marketing Automation System that is integrated with the Membership System can make the process hassle-free. You can send the campaigns to your customers and analyze their performance on the same platform!
Maintaining a sufficient stock level
It’s not only sales data that will be beneficial for you. What is marketing when you can not prepare proper inventory? Through the Inventory Management System, you will never turn food ingredients into useless waste. Also, fulfilled demands with optimal inventory levels, monitored stock transfers, forecasted inventory requirements, and optimized stock management across multiple locations with the best inventory management software in Singapore.
After deciding your sales focus, the system will help you determine how many stocks are required to fulfill the orders based on order history from a certain period.
Moreover, it will give an alert when the stocks reach the minimum level. So you will not have to worry about losing the sales opportunity due to inadequate food ingredients.
Ensuring food quality
The pandemic forces you to be extra hygienic in food preparation. Your employees should be in a healthy condition and disinfect themselves before cooking and packing the meals.
However, the ERP system is also capable of maintaining food quality. The Inventory Management System will make sure that the food ingredients sitting on your kitchen shelves are not expired. There will automated alert that will notify you a few days before the products can’t be consumed.
It helps you to protect the customers from unwanted health problems and makes them more susceptible to infection.
Conclusion
It’s an inevitable fact that F&B business during Ramadan is not as promising as it is on normal days due to the COVID-19 pandemic. However, the ERP System is very useful for optimizing sales opportunities effectively as explained above.
If you have not implemented the ERP System, it might be a good time to evaluate what your business needs if it has to face a similar situation like this in the future. The data-based analysis is an important component that makes a business survive, predicts the future state, and conveys certain business patterns in various time ranges.
