The restaurant sector is one of the fastest-growing industries in Dubai. Reports tell us that at least two restaurants and one coffee shop have opened daily in the UAE in the first four months of 2019. The total number of restaurants and cafes reached 427 during this period. The F&B industry of Dubai is also considered the most diverse in terms of food trends, tastes, and traditions. Such massive competition calls for proper restaurant management and the use of high-end technology. Your restaurant POS should give you more features than just billing. Let’s dig into the numerous ways how real-time tracking and automated stock management in UAE can help your fine-dining restaurants grow effortlessly.
How Real-Time Stock Management Solves The Woes Of A Restaurateur
Consistently adhering to processes is the only way to scale up your restaurant business in the UAE. The best way to achieve that is the maximum incorporation of technology. With the use of a cloud-based POS, you can track your results and operations in real-time. Here are the different aspects of stock management in restaurants of UAE.
1. Bar Management At Your Fingertips
The biggest worry of a fine dining restaurant owner is the management of its bar inventory. Considering the massive amount of data that he needs to deal with every day, it is a nightmare if one needs to do it manually. Managing your bar stock and ensuring zero possibility of internal theft can be almost guaranteed by restaurant POS.
2. Keep Your Menu Engaging
Your restaurant menu is like the heart of your brand. A creatively engineered menu helps a restaurant to attract more customers, and thereby increase sales.
However, a menu needs constant updating based on ongoing customer trends in order to draw in the crowds.
Keeping track of your customer behavior, their likes and dislikes helps you update your menu in real-time. From introducing a new dish to your menu to modifying recipes of exciting dishes, customer data can help you with it all. Take regular feedback through a personalized feedback form that customers would want to fill up!
Here’s an example!
3. Stock Yourself Better
Increasing food costs has always been a concern for restaurateurs in the UAE. The prime factors that determine food costs are the availability of supplies, your relationship with various vendors, and the wastage your restaurant produces. The greater the wastage, the higher the food costs. Thus, if you’re observing a rise in your food costs and are not sure why that is happening, you need a relook into your stocks.
Your restaurant POS makes it easier for you to estimate your stock requirements, ensure minimal wastage, and thus help in keeping your food costs in check.
4. Manage Your Vendors Better
Managing healthy relationships with your vendors is essential in the industry since not everyone can provide you with the kind of quality you’re looking for. Therefore, you must leverage your restaurant technology to ensure that the vendors are taken care of, the purchase orders are made before time, and the tracking is done without any lag.
All in all, an ideal POS facilitates a streamlined management of your stock in UAE. Understanding the whole end scope of your restaurant technology would help you grow profits in no time.