Foodival Malaysia-F&B Procurement & Cost Control’s Post

Operators estimated that improving operations execution could increase sales by 22% in each store. 🤯 With the upside tied to driving revenue, it’s extremely meaningful to get operations execution right. Not sure where to start? The Restaurant Resource Center for Operations Execution contains top-rated content on operations execution, including strategies, tips, and best practices, all in one convenient place. https://lnkd.in/ehbGcgiz You can peruse this curated collection of free resources by section to find strategies tailored to your operation’s needs, with topics including: 🔹 Food Safety 🔹 Productivity 🔹 Brand Standards 🔹 Visibility & Audits 🔹 Strategic Initiatives Dive in now to learn how to improve operations execution and position your brand for growth: https://lnkd.in/ehbGcgiz

Take Control of Your Inventory: Mastering Restaurant Stock Management 𝗛𝗮𝗿𝗻𝗲𝘀𝘀 𝘁𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 • Implement a system that puts real-time insights at your fingertips. • Establish optimal par levels for seamless operations. • Conduct regular audits to ensure unwavering accuracy. 𝗙𝗼𝗿𝗴𝗲 𝗨𝗻𝗯𝗿𝗲𝗮𝗸𝗮𝗯𝗹𝗲 𝗦𝘂𝗽𝗽𝗹𝗶𝗲𝗿 𝗕𝗼𝗻𝗱𝘀 • Seek out partners who share your commitment to quality. • Negotiate terms that benefit both sides. • Nurture relationships with open, honest communication. 𝗠𝗶𝗻𝗶𝗺𝗶𝘇𝗲 𝗪𝗮𝘀𝘁𝗲, 𝗠𝗮𝘅𝗶𝗺𝗶𝘇𝗲 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 • Master the art of ingredient rotation and portion control. • Find creative ways to repurpose and reuse. • Train your team to be vigilant in the fight against waste. 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝗗𝗮𝘁𝗮 𝗶𝗻𝘁𝗼 𝗣𝗿𝗼𝗳𝗶𝘁𝘀 • Identify the stars and the underperformers on your menu. • Uncover opportunities to optimize and streamline. • Make menu decisions that drive your bottom line. Take control. Master inventory management. Enjoy this? ♻️ Repost it to your network and follow Moumin K. for more. Want more restaurant growth systems? Join hundreds of restaurant subscribers today: https://lnkd.in/gvt_ujsU

Enhance your culinary operations with precision and efficiency! 🍽️ Whether you're a Purchase Manager or a Chef, streamline your ingredient sourcing with our comprehensive solutions. Ensure quality, cut costs, and elevate your kitchen's performance. Connect with us to discover how we can simplify your supply chain management and drive operational excellence. #hookcatch #seafood #frozenseafood #qualityfood #Procurement #chef #purchasemanager #SupplyChainManagement #EfficiencyInTheKitchen

Enhance your culinary operations with precision and efficiency! 🍽️ Whether you're a Purchase Manager or a Chef, streamline your ingredient sourcing with our comprehensive solutions. Ensure quality, cut costs, and elevate your kitchen's performance. Connect with us to discover how we can simplify your supply chain management and drive operational excellence. #hookcatch #seafood #frozenseafood #qualityfood #Procurement #chef #purchasemanager #SupplyChainManagement #EfficiencyInTheKitchen

🍽️ Mastering P&L: The Key to Success in F&B Management 🍽️ In the Food & Beverage industry, understanding the Profit and Loss (P&L) statement is essential for running a successful operation. It’s not just about serving great food; it’s about making smart financial decisions to ensure profitability and growth. 📊 As an F&B Operation Management, having a deep knowledge of P&L helps me to: Control food and labor costs efficiently. Optimize menu pricing and promotions based on profitability. Track expenses like inventory, waste, and overhead to maximize margins. Identify trends and make adjustments that drive revenue while minimizing unnecessary costs. 💡 By mastering P&L, we can ensure that every decision aligns with the financial health of the business, allowing us to deliver excellent service while maintaining profitability. At the end of the day, understanding the financial details of the operation is just as important as the customer experience. Both go hand-in-hand for sustained success in the competitive F&B industry. #FoodAndBeverage #PnL #CostControl #RevenueManagement #BusinessStrategy #FnBManagement #OperationalExcellence #Profitability #MenuEngineering #Leadership #SustainableGrowth #FinancialSuccess #FnBIndustry #CustomerExperience #Opentowork

Ready to optimize your restaurant’s performance? Regular operational assessments aren’t just good practice; they’re essential for long-term success. From labor cost management to streamlined inventory practices, strategic assessments help you cut costs, improve guest experience, and drive profitability. Explore real-world examples and insights from leaders like Domino's and Red Lobster, and discover the metrics that matter most 👉 https://brnw.ch/21wOxKM

Having a strong grasp on your restaurants supply chain management is paramount to your organizations success. The use of real time data with your supplier is one of the many tools available to build and maintain a smart supply chain management. The article below from Modern Restaurant Management (MRM) magazine provides additional tools and resources to support your supply chain system.

Struggling with collaboration in your beverage logistics? This article looks into the 9 major challenges faced by the beverage industry and offers effective solutions to enhance efficiency and teamwork. 🍾📦 From bottling woes to distribution dilemmas, learn how better collaboration can transform your operations. Don't let poor logistics put a cap on your growth! https://lnkd.in/gDZAUbxw.

Demand Forecasting in Restaurants: Unlocking Efficiency and Savings in Procurement and Inventory Management Managing inventory and supplier ordering is like juggling flaming torches while riding a unicycle (which also happens to be on fire). Demand forecasting for restaurants puts out the flames, takes the guesswork out of purchase orders and streamlines the supply chain. Picture this: You have to order the correct ingredients, in precise quantities, at the right time, from various suppliers without knowing future sales. That’s a daunting task. When restaurant managers or kitchen staff make poor purchasing choices, they face increased food waste, inflated costs and frustrated customers. In other words, both the restaurant’s reputation and profits depend on proper inventory management. Effective procurement in the restaurant industry takes skill, experience, and calm decision-making. That’s why it often goes wrong. Fortunately, technology has dramatically improved efficiency in inventory management. Most leading restaurants transitioned from spreadsheets to advanced demand forecasting software, adopting a data-driven approach over guesstimates and intuition for procurement. If you are unfamiliar with demand forecasting, this article is for you. We’ll answer the following questions:  What is demand forecasting? Why is demand forecasting important for restaurants? What are the benefits of demand forecasting in food service? How demand forecasting works in hospitality  Technology for purchasing perfection when running multiple restaurants Let’s go! Interested in the full blog? See comments

Managing a restaurant is a complex endeavor, filled with countless variables that impact profitability. From human resources and purchasing to marketing and cost management, the elements are numerous and constantly shifting. In an industry as dynamic as ours, embracing data-driven decision-making is not just beneficial—it's essential. Check out this great article from QSR discussing how to leverage the power of performance measurement to turn challenges into opportunities and set your operation on a path to sustained success! #restaurants #management