A quick service restaurant, more popularly known as a fast food restaurant, is focused on (as the name suggests) extremely fast, quick and efficient service of food that is prepared in large quantities. The food is pre-cooked, way before the customer’s order, which reduces the waiting time between ordering the food and actually receiving it. There is minimal, and in some cases, no table service. All these factors make it an easy go-to choice for busy commuters who do not have a lot of time on their hands. Fast food is extremely affordable, most often can be quickly eaten, and are easily accessible. These simple characteristics are a key factor in understanding why the global fast food market is estimated to reach $931 billion by 2027.

Owing to the pandemic’s effects, the world has been witnessing an immense change in the way people dine. With restaurants being closed for months (and some entirely), and the hesitation still being present despite all the necessary precautions being taken after the “Unlock” procedures, many have resorted to order food to their homes instead. With the focus set on delivery, it is even more essential to be aware of the benefits and pros of a “cloud kitchen”.

E-procurement is something that more and more businesses are embracing today. With supply chain being a very important pillar of businesses, newer tools are replacing processes that can be automated and optimized. So, is e-procurement for you? How is it better than other solutions such as RFP? Here is a brief outline of what it is and its features.

The Eway bill stands for Electronic Way Bill which is a bill that is generated when there is a movement of goods. It is required to be generated by every GST registered person who is transporting goods of over INR 50,000 in value (single invoice or aggregate of all invoices per vehicle). Failing to generate the Eway bill can lead to a penalty of INR 10,000 or the amount of tax that is being evaded through the lack of the bill, whichever is higher.

Vendor management seems a little daunting for experienced business owners and novices alike. The sheer number of vendors in the market, competition, complexity of dynamics between the organized and unorganized sectors of the supply chain, the fragile nature of food products, and the challenges associated with it, etc could be reasons for this. Hence, it is very important to strategically manage vendors and ensure smooth processes at the core of your restaurant business.

A cloud kitchen is a kitchen space that caters to one or more food businesses that offer only food deliveries and not a place to dine-in. They are typically optimized food production centers that deliver food to customers through food tech aggregators like Zomato and Swiggy.