Why your FnB POS needs strong synchronization with inventory management Huong Vu October 12, 2023

Why your FnB POS needs strong synchronization with inventory management

Why your FnB POS needs strong synchronization with inventory management

To improve the management and business activities of the restaurant or cafe, many owners choose some expensive POS (point-of-sales) systems with the expectation that they will support their business in the FnB (Food and Beverage) industry. However, the application of retail POS in the restaurant may not be suitable, and at the same time, causes many inconveniences because restaurants or beverage shops need more centralized management, especially in the inventory. In this article, we would like to introduce FnB POS and why they need powerful synchronization with inventory management.

Overview of FnB POS

The FnB POS system will also include hardware and software with the common feature of sales management. However, the way an FnB transaction works is much more complicated because the product is often not available. Normally, the diners have to order, then wait for the server to transfer the information to the kitchen. After the kitchen has finished processing the order, customers will be served. The addition and removal of dishes during the transaction also occur frequently. Even the checkout step has a variety of requirements, which may be prepayment or payment after completing the meal. Because of this particular activity, FnB POS software often needs more advanced and specialized features. In addition to accepting multi-channel orders, it must also be linked to the inventory to check the status of raw materials, as well as connect to the kitchen to transmit information about food preparation and processing. This will ensure seamless customer service.

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Top essential features of an FnB POS

An FnB POS system needs to have many features to serve specialized work. The first essential feature is order management. This feature has traditionally been a process that involves waiters writing orders on pieces of paper before bringing them into the kitchen manually. However, modern POS systems for restaurants and cafes already offer this feature that allows orders from multiple sales channels as well.

Another important feature is inventory management. With this feature, business users will be able to ensure enough food in stock to serve customers, especially during festive occasions.

The enterprise POS system in the FnB industry also needs to include other essential features such as staff management to properly allocate workers to save time and resources. Besides, reporting and analysis features help owners understand business and make informed decisions, and table management features simplify store layout and create an easy visual reference.

Why your FnB POS needs strong synchronization with inventory management

Of all the essential features mentioned above, a restaurant or a coffee shop needs the most attention to the inventory management feature. This is the feature that an FnB POS needs to synchronize with for optimal benefit. This is simply because food costs are one of the biggest expenses for any FnB organization. It can make or break a business. Therefore, it is important for FnB business owners to accurately control their food costs. Synchronizing their software with an intelligent inventory management utility helps managers accurately calculate weekly food costs and optimize ingredient purchases based on recent sales trends and the cost of raw materials. Moreover, synchronizing these data will help businesses ensure seamless customer service by providing them with the available or out-of-stock status of dishes and recommending many other dishes to increase sales for the restaurant.

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The Multi-Source Inventory (MSI) by ConnectPOS is a powerful POS software for FnB businesses. With its outstanding inventory management always integrated with the centralized data feature, users will easily synchronize data and do business smoothly.

Conclusion

FnB POS must always include the necessary management features to ensure the restaurant is always profitable; especially it must be synchronized with the inventory management feature to stay up to date with the operation. If you are looking for a strong POS system for your food and drink restaurant, feel free to contact us.

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