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.

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.

How to manage inventory in restaurant chain store?

How to manage inventory in restaurant chain store?

There are two main methods practicing in F&B industry now.
1) Daily Stock Balance
This is common practice where restaurant staff will perform end of day stock balance check and fill up required fill up ingredients for next 2 days.
Pro: This method is easy to practice
Cons: Very time consuming and staff may not do a proper stock check daily. Will always perform wrong inventory order and cause restaurant can't offer certain food.

2) Ingredients required through sales forecast in a week
This is a new practice where restaurant will have forecast sales for a week and system will calculate required ingredients to purchase for a week.
Pro: This method is automated and very easy to use
Cons: Not able to perform without system to pull out right UPT (usage per thousand) for your ingredients.

Food Market Hub (www.foodmarkethub.com) is a cloud inventory and purchasing control design for F&B industry where can perform Daily stock balance ordering or automated order through sales forecast.

For more details, please check www.foodmarkethub.com