Friday, May 31, 2019

F&B Procurement & Inventory Platform for Singapore Horeca (Hotel Restaurant Cafe)

F&B Procurement Platform  - Food Market Hub
F&B Procurement Platform for Singapore Horeca Industry

Food Market Hub started with the mission to make every F&B business sustainable and run effortlessly. We are dedicated to making the F&B ecosystem transparent and by vertically integrating the entire value chain from the farm until restaurant, Food Market Hub aims to make supply chain for F&B is an effortless backend job to help F&B grow exponentially while keeping the food cost low and benefit back to the consumer.

Food Market Hub uses disruptive technology to take the traditional food and beverage procurement process to the next level. We apply predictive analytics including AI to forecast procurement and food cost. Our proprietary food cost optimization algorithms and AI-powered procurement system automate 80% of workflow and help F&B operators and suppliers both can reduce lot’s manual admin works for data entry.

Food Market Hub comes with various procurement methods to help different sizes of F&B operators. We have e-commerce method, recurring template method, PAR level auto replenish method, Daily Stock Count with PAR method, and the best in class, AI method. Food Market Hub has made the AI method powerful to study previous usage model with cost optimization level to suggest what’s are the items to replenish without any recipe or PAR level. This will greatly help for SME size F&B operators due to they don’t have resources to maintain BOM / Recipe details like MNC level restaurant.



Saturday, February 10, 2018

Ready off the shelf ERP for Central Kitchen

Food Market Hub Central Kitchen ERP is design with latest cloud and mobile technology to integrate every possible central kitchen process into one single system. It’s come with mobile ordering and automatically collect all order to central kitchen sales order. Not just this, central kitchen erp also can work with restaurant outlets to control purchasing from outlets that help outlets to do decentralizing process.

Food Market Hub is design to work for restaurant groups that having centralize purchasing and decentralize purchasing. Automatically convert all order from multi location to become work order at central kitchen, and reduce the raw ingredients required based on recipe module. Not just with this, Food Market Hub central kitchen come with barcode, FIFO picking mobile apps to auto notify user to pick older batch product, packaging, delivering, invoicing, stock movement, auto add price sales margin based on purchase price and multi central kitchen design. Food Market Hub is suitable for Restaurant Central Kitchen, OEM Central Kitchen, Canteen, Lunch Box Delivery Service. Call us today to understand more.

Hotline: +604-6459769
Website: http://www.foodmarkethub.com/
Facebook: https://www.facebook.com/foodmarkethub/

Tuesday, December 26, 2017

Restaurant and F&B Supplier B2B Marketplace

Food Market Hub start as Restaurant Purchasing and Inventory System has now expand to F&B Supplier B2B Marketplace.

Through Food Market Hub, Restaurant can manage branch and central kitchen purchasing and inventory. And all purchasing items are linked to Food Market Hub B2B Marketplace.

Restaurant can use food market hub to include supplier that not in B2B marketplace so they can use single interface to handle all purchasing, while F&B supplier can use Food Market Hub B2B to offer mobile apps and online ordering for restaurant that not subscribed to food market hub as sponsored account. Sponsored account has limited function compare to subscribed restaurant account but the platform is cheap entry for lot's restaurant to start handle all their operations through one system.
Check out http://www.foodmarkethub.com/ or https://www.facebook.com/foodmarkethub/



Tuesday, December 19, 2017

Restaurant Inventory Software - For Branch & HQ & Central Kitchen System

For restaurant that running central kitchen concept, is one of the best way to control the food quality and control the recipe. However, inventory in between branch and central kitchen is not easy to manage as it's involved inter company or different company transaction.

To simplify this, Food Market Hub design to help automate the transaction between branch, central kitchen and supplier.

We bring 3 parties into one platform which is food market hub. Check out http://www.foodmarkethub.com/ or https://www.facebook.com/foodmarkethub/

Saturday, September 16, 2017

How Big Data System help Restaurant Industry

Is "Big Data" just for Huge companies like KFC or Pizza Hut? 
It's not, many industries has utilize big data to manage their decision making. They use Big Data to backup their decision and direction so they know better what to expect for every new promotion, new menu item and new customer to target.

In recent research, it showed that 57% of the medium business already using Big Data to analyze their business. This trend is growing in the F&B especially restaurant industry. Solution like Food Market Hub is leading the changes in helping restaurant management and franchise executives find out what is the right and wrong decision.

Restaurant Big Data
When RMS (Restaurant Management System) meet Big Data
Many restaurant owner shared with us that they have been spending few hundred thousand even million to build a complicated ERP system which they regret as the system way too complicated to let the staff to manage it. Without correct data, powerful ERP system is useless.
Food Market Hub make sure all interfaces are so easy to manage and help user to make smart decision making rather than too many setting. 

Check out food market hub at http://foodmarkethub.com/ and engage us for more detail. Let us show you how can we help you to grow your F&B business easily with much cheaper cost and simpler solution.

Saturday, August 5, 2017

Food Market Hub - Restaurant Management Dashboard and KPI Dashboard

Food Market Hub just release latest management dashboard for restaurant. Now restaurant management can view Sales vs Target, Purchase vs Budget, Sales vs Expenses, COGS, Stock holding value and percentage, and profit in live.
Restaurant no longer required to get your account admin to manually prepare accounting report after month end, now you can view online with live data.

Food Market Hub support integration with Restaurant POS and Accounting software too. For more detail, please visit http://foodmarkethub.com


Restaurant Management Dashboard (http://foodmarkethub.com)

Thursday, June 1, 2017

How to control purchasing for restaurant chain

Raw Material Food purchasing for new restaurant is very complicated.

Purchasing & Receiving of food items like groceries, Bread & bakery, dairies, seafood, fresh vegetables and burgers require a complete system.

Procuring fresh and quality products, their proper receiving, storage, issuing, consumption and than re-ordering requires well established procedure and close monitoring. It is crucial to accurately define market prices.

The best tactics to accomplish this objective is to negotiate a long term contract (annual if possible) at a fixed cost with downside protection where you can get it. This allows the restaurant to control the cost. 

The amount to purchase are based on a forecast of sales, which admittedly is a guess mated without a sales history. This is helpful if you have a system like Food Market Hub to help you do the forecast of usage of the raw material and reduce food wastage.

Food Market Hub - Solution to manage your restaurants like a big restaurant chain (KFC, McDonald) that able to control your inventory control, stock balance, stock usage forecast, sales forecast, COGS, food cost, food wastage, procurement, PO and supplier control.