Tackling hospitality’s rising costs and supply chain disruption with technology
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KFC is a global Quick Service Restaurant (QSR) brand known for its finger-lickin’ good fried chicken. One of the secrets behind KFC’s success, is its focus on implementing reliable demand forecasting and inventory management processes, which have not always been an easy task.
With increasing food and labor costs, restaurants are under increasing pressure to increase the bottom line, without impacting the guest experience. To operate a lucrative business, you need to examine ways to increase efficiency, increase sales and reduce costs.
STORY Hospitality is an extraordinary hotel management company, scoring top marks for the service they provide to those that entrust them with their properties, as well as the world-class experiences provided to their guests.
Of course the goal is to run a profitable, popular restaurant. But the hospitality industry has notoriously tight margins.
The industry is buzzing about automation these days. With labor costs expected to double and the consumer demand for a seamless checkout experience, the focus is on how to automate the front of house with kiosks and mobile payments.
In the last decade, the hospitality industry has benefited greatly from technology that has transformed everything from point-of-sale to employee scheduling and training.
Learn how Cafe Royal makes the move to an automated, streamlined inventory process
It can be tricky to nail the perfect recipe for restaurant back office success, but with the right technology ingredients, it’s totally possible. Here’s an overview of the critical ingredients.
Established 1963 in Hong Kong, Mandarin Oriental is one of the world’s most luxurious hotel groups. It manages 35 hotels globally including seven in the Americas region.
The global brand Eataly is the largest Italian marketplace in the world, comprising a variety of restaurants, food and beverage counters, bakery, retail items, and a cooking school, all under one roof.
Every business in the hospitality industry is currently facing its fair share of challenges, but running a quick-service restaurant in this new climate can be particularly tricky. Rising energy bills and higher wages are only two of the expenses eating into profits.
There’s a lot of talk about Digital Transformation across all industries right now, but what exactly does it mean and what impact could it have for your hospitality business?
Essentially it’s all about how technology can help deliver the business strategy, and getting your suppliers to work together to deliver game-changing benefits.
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