One of the most challenging tasks for food and beverage (F&B) businesses is to keep track of the latest orders and inventory levels across multiple channels and e-commerce platforms. In the digital era where customers can order meals online and have them delivered on-demand, many businesses rely on multiple third-party e-commerce solutions. Hence, Integrating with an effective multi-channel inventory management solution is essential for F&B businesses to accurately handle fulfillment.
In a 24/7 connected world, people value time over anything else. People want things faster, easier, and more cost effective. The good news is, there are many digital solutions available that deliver these benefits. Need your dinner delivered? Try Deliveroo. Your dog walked? Consider Pawshake. Your groceries shopped? Try Honestbee. You can have these services all on the same day, or even within the hour. Whatever goods or services you want, there is an app for that. Continue reading What is On-Demand Delivery?
One of the key elements in growing a successful food and beverage (F&B) business is the ability to retain big data and turn it into actionable insight. But what is big data? Generally, it is a term to describe large volume of data, both structured and unstructured. Big data is being generated at all times, while every digital process and social media exchange produces it. It can be used to optimize business decisions such as to increase sales, gain a better understanding of customers and trends, and optimize marketing campaigns. Continue reading The Importance of Big Data for Your Food & Beverage Business
Open source is a widely used term when it comes to digital solutions. In the technology world, deciding whether or not to open source your codes or project is something that can be crucial to the growth of your business.
But what does the term open source mean and what role does it play in a company? Most importantly, why does it matter? Continue reading What is Open Source and Why Does it Matter?
From the beginning of the 20th century, technology has advanced at an accelerated rate. Digital innovations are applicable to all industries, including food and beverage (F&B). Nowadays, people prioritize shorter waiting time and a hassle-free experience when ordering their meals. Continue reading Why Staying Ahead of the Digital Curve is Important for Your F&B Business
This year, the World Bank’s Global Economic Prospects report showed Southeast Asian Countries, such as Cambodia and Philippines, ranked among the top 10 fastest growing economies in the world. It is no secret that Southeast Asia’s rapidly rising population and income, coupled with evolving consumer needs, are attracting numerous new players into the flourishing food and beverage (F&B) industry. For F&B businesses looking to expand into Southeast Asia, we have more good news for you.
The increasing demand for digital transformation in the Food and Beverage (F&B) industry has led to the rise in numerous Point-of-Sales (POS) providers in Asia. Each provider has its own unique features in offering digital solutions for F&B businesses and technology providers. The focus of these providers also differs, from reducing operational costs by automating payments to centralizing key features from third-party platforms, all strive to generate sustainable growth.
By identifying and knowing our consumers and their behavior better, we can innovate and deliver digital solutions with more impact. How does that work? Design thinking.
Design thinking refers to a state of thinking and method used to investigate poorly structured problems. It helps greatly in coming up with innovative, human-centered solutions to overcome these problems. The process is called ‘human-centered’ because it starts with the people we are designing for.
How do online reservation platforms add value to both the restaurant and the diner? Already, there are a few major players in Singapore, including Chope, Quandoo, and HungryGoWhere. Both Chope and HungryGoWhere are locally based in Singapore, while Quandoo is headquartered in Berlin, Germany. Though all three, at the core, are providing a similar service to restaurant merchants and diners, they each have their unique offerings. Continue reading Winning as an Online Reservation Platform
Food delivery systems are continually developing and adapting to meet changes in the Food and Beverage landscape. As technology advances, new delivery systems are creating disruptions in the food and beverage technology market, resulting in alternative and expanded revenue streams. Here, we will highlight three existing food delivery systems, as well as future trends and adaptations.