Many restaurants struggle with their supply chain management at the various stage as it involves dedicated tracking and planning. Even for a restaurant with low turnover, dealing with the suppliers and inventory management can be daunting. F&B units also have to manage the storage of ingredients in a planned manner to avoid understocking and overstocking and ultimately avoid wastage. Restaurants are adopting end-to-end supply chain management service, which integrates inventory management software, logistics and warehousing service for the challenges of the supply chain.
What is end-to-end supply chain management?
Food and beverage end-to-end supply chain management services integrate the point-of-sale, inventory management system and fulfilment service to provide a digitised supply chain solution. A traditional supply chain service provider is limited to giving piecemeal solutions for logistics and warehousing; an end-to-end (E2E) supply chain service management offers a digital solution that provides intricate visibility across the supply chain.
Key benefits of end-to-end restaurant supply chain management:-
An integrated supply chain has numerous benefits, especially for the medium and large chains of the restaurant that have complicated logistic requirements or want to centralise their logistics.
Seamless logistic operation:-
A supply chain that integrates the P.O.S and the supply chain management enables seamless logistic operation. An F&B unit can automatically place orders from the warehouse when stocks run out by integrating the forecast resource solution and the order punching system. In this way, the restaurant is not burdened with manually tracking the inventory, and there is a seamless flow of activity across the supply chain.
An integrated supply chain service can track the hurdles within the supply chain and take corrective measures. Detecting problems across the supply chain can minimise order delays and provide transparency in service.
Real-time inventory tracking:-
With end-to-end supply chain management in place, the restaurant can track the supply chain service right as the goods leave the warehouse until they reach the restaurant kitchen. An end-to-end supply chain service makes it easy for all the stakeholders, namely the warehouses, suppliers and transporters, to give real-time visibility.
Cost and Quality:-
An F&B industry faces stiff competition and is price sensitive to changes like inflation, increasing labour costs, and other components like rent, electricity, etc. An end-to-end supply chain service provides a platform for restaurants to share warehousing, helping them reduce costs. A well-integrated supply chain service provider offers quality vendors at an affordable price as they have better-negotiating power being a wholesaler.
Scalability and expansion:-
As restaurants expand their business, finding new channel partners in a new location can be challenging. An integrated supply chain management platform like SupplyNote has a vast network of reliable warehousing and logistics partners across the country, which restaurants can trust.
The restaurant industry faces numerous challenges that need dynamic management. The only way forward to survive and flourish is the adapt to new technology like an end-to-end supply chain management service that helps boost efficiency.