Articles about F&B Business Management.
You already know how many small tasks add up in the kitchen: placing orders, checking stock, matching invoices, and keeping suppliers honest. Two platforms that promise to make this easier are SGeBIZ and Food Market H…
When your front and back of the house are not connected small issues can lead to waste and lost money. That is where a restaurant management system can help
But FMH gives you something extra. FMH connects directly to your Point of Sale (POS) system.
More and more restaurants in Malaysia are using digital tools to manage their stock. In fact, according to a report by Statista, over 55% of food businesses in Southeast Asia have already adopted some form of restaurant inventory management system
You might already be using a POS system for sales, but managing the back-of-the-house restaurant needs something more.
An ERP system is a software that helps companies manage and automate their business processes.
According to a report by Software Advice, 49% of small to mid-sized businesses say that ERP systems are too complex for their needs.
A supplier management system helps in managing the restaurant franchise better by helping you track all ingredients of all outlets from one place.
Customer satisfaction is the measure of how happy your customers are with their experience at your place.
PAR stands for Periodic Automatic Replacement. It’s a system that tells you how much stock you should have at any given time.
If you manage a food business, you know how tough it can be to keep track of orders, control costs, and reduce waste. The right procurement management system can make your life easier by automating tasks, giving you b…
A standard ERP system might help with accounting or HR, but it won’t understand your unique challenges, like managing perishable stock, tracking ingredient costs etc
Are you sure your supply chain works as efficiently as it should? Many food businesses lose money simply because their procurement process is outdated.
Missing any of the procurement stages can lead to problems like overstocking, higher costs, or unhappy customers. Here’s how the process usually works.
When you are reliant on manual procurement you rely on phone calls, handwritten notes, or basic spreadsheets. This might seem simple, but it’s full of risks.
In this guide, we’ll discuss how to set the right prices for your Hari Raya Haji menu while keeping your profits healthy. We’ll also cover how to handle changing ingredient costs
With the right tools, like a supplier management system, you can avoid the problems and make the most of Hari Raya Haji.
Artificial intelligence is relevant for today's restaurant operators. What was once considered futuristic technology is now an accessible tool that solves real challenges in the food service industry
In this blog, we’ll discuss restaurant food waste, how food is wasted, why reducing it matters, and practical ways to manage it better.
We will explain to you in detail about documents like purchase order, delivery order, invoice, goods received note, and 11 other documents. We will explain what role these documents play and how you can manage them effectively.
We will discuss about 25 terms related to procurement that every restaurant owner must know. It includes- Procurement, vendor management, supply chain
Restaurant inventory management is knowing exactly what food, drinks, and supplies you have at all times. It's tracking every tomato, every bottle of soda.
Inventory management means keeping track of all the food, drinks, and supplies moving through your restaurants. It's knowing what you have in stock right now
You'll learn how to create a procurement strategy that saves money, reduces waste, and keeps your kitchen running smoothly. We'll cover everything from building relationships with suppliers to using technology.
Your restaurant supply chain is more than just a process of moving goods. It’s a mix of relationships, planning, systems, and habits. It connects your kitchen with suppliers.
When your POS and supplier management systems work together, every sale automatically updates your inventory.
According to the National Restaurant Association, nearly 60% of restaurants struggle with supply chain issues. A good supplier management system reduces these problems.
A supplier management system can help you keep track of everything, but it also has some downsides. The pros outweigh the cons.
Supplier management software keeps everything organized in one place. This means less time spent on paperwork and more time focusing on preparing orders.
In this guide, we’ll break down the different types of restaurant suppliers, where you can get your ingredients, and the pros and cons of each.
Centralized procurement means handling all purchasing through one system. Instead of having different people in different locations place orders, everything is managed from a single point.
Negotiation isn’t about demanding discounts—it’s about having a fair discussion based on facts.
The first big mistake is working with unreliable suppliers. Some promise great prices but deliver poor-quality ingredients. Others are inconsistent
The seven restaurant costs that you need to control in your restaurant are food costs, labor costs, rent and utilities, equipment maintenance costs, marketing costs, restaurant
The questions you should ask before choosing your f&b supplier are do they have good quality ingredients? can they scale with your business
Peak hours test every part of your restaurant. The sizzle of the grill, the clatter of plates, the constant flow of orders - it's exhilarating but exhausting. Now imagine one more stress: realizing you're out of olive…
When you manage suppliers well, you avoid problems like late deliveries, spoiled ingredients, or sudden price hikes.
With an inventory scanning system, you can cut down on waste and make smarter buying decisions.
A stock-keeping unit (SKU) is a unique identification code you create for each item you carry. It's like giving every product its unique name tag.
Managing your supply chain well means keeping track of everything—from ordering to storage. Here’s how you can do it efficiently-
A study by the Association of Certified Fraud Examiners found that food businesses typically lose 5% of their money to fraud each year.
advanced purchase order management system, you can streamline your operations, save time, and ensure accuracy in your orders
Food Market Hub’s Stock Transfer report is all you need to keep track of all the transfers you have made. It will tell you exactly which outlet you have transferred your ingredients from
Accurate stock counts are crucial for several reasons. First, they help you reduce waste. According to a report by the Food and Agriculture Organization (FAO),
The Stock Count Report is a feature within Food Market Hub’s restaurant stock management software. It allows you to check the quantity of your available stock
The report shows you the on-hand quantity of every product in your inventory. This means you can see how much of each item you have left before it runs out.
One of the best features of the Stock Balance Report is the ability to set minimum PAR Levels and maximum PAR Levels for your products.
Most cloud-based systems operate on a subscription model, where you pay a monthly or yearly fee. This makes it much more affordable.
Cloud-based ERP systems come with user-friendly interfaces and offer customer support to help you get started.
The procurement process flow is the roadmap that guides you from identifying what you need to finally receive and paying for those items.
Procurement cost refers to the total amount you spend to purchase the goods and services needed to run your restaurant.
In this blog, we’ll explain what the back of the house is, the tasks involved, and how a procurement management system can help you specifically with the back-of-the-house tasks.
A VMS system helps you maintain good relationships with your suppliers by ensuring timely payments and clear communication.
Read more about which inventory counting methods you can use and we’ll introduce you to Food Market Hub’s innovative Double PAR Inventory Level method, designed to make your life easier.
Manual accounting processes are not only time-consuming but also prone to errors. With SQL integration, you can automate these processes and focus on what matters
Reports show you where you’re overspending, which suppliers are charging too much, and how much food is being wasted. By addressing these issues, you can save a significant amount of money.
Many F&B businesses in Malaysia still rely on outdated methods to manage their F&B business. A procurement management system digitizes these processes.
Food Market Hub’s supplier management system makes this process much simpler. You can invite your suppliers to the platform and manage them just like you manage your outlets.
Managing your supply chain manually can be overwhelming. You have to keep track of multiple suppliers, negotiate prices, and monitor inventory levels.
When it comes to Ramadan catering, timing and quality are everything. Your customers rely on you to deliver their meals on time, especially during the breaking of fast.
The Buying and Selling Catalogue is a powerful tool designed to simplify the way you and your suppliers manage restaurant ingredients.
Procurement management software is a tool that helps you manage your purchasing process more efficiently. It allows you to track your inventory
Tracking COGS helps you understand how much it costs to prepare each dish. This information is vital for setting the right prices. If you don’t know your COGS
One of the most powerful features of a good procurement management system is its ability to provide insights into your purchasing habits. The software should give you detailed reports
A well-structured procurement management process helps you control spending, negotiate better prices with suppliers, and avoid stock shortages.
With procurement tech, you can invite all your suppliers to a single platform, making it easier to place orders and track transactions.
Proper inventory costing ensures that you know exactly how much it costs to prepare each dish. This helps in setting the right prices while maintaining profitability.
Without a procurement management system, comparing supplier prices and negotiating deals is challenging.
This document is not the same as an invoice. The delivery order only confirms what has been sent, while the invoice tells you how much you need to pay.
A credit note is not the same as a refund. While a refund gives you cash back, a credit note allows you to reduce the amount you owe on future purchases.
Managing restaurant procurement cycle properly helps you control costs, maintain quality, and avoid shortages.
Good restaurant procurement helps you avoid wastage problems by ensuring you order the right amount of supplies at the right time.
Production History Report gives you complete visibility into what has been produced in your kitchen, helping you control costs, manage stock efficiently, and make better business decisions.
The Stock Card Report is an advanced tracking feature in your food inventory system. It allows you to select any specific outlet and monitor a particular ingredient in detail.
Pick and Pack Reports provide detailed information about ingredient transfers. They include important fields that help in tracking and managing inventory effectively
A Goods Received Note (GRN) ensures that every delivery is checked and recorded properly. It is also an important document for tracking supplier performance over time.
Food Market Hub allows you to generate data reports tailored to your specific needs. You can choose specific timeframes, apply filters, and select the format.
Reconciliation allows you to compare and update orders to match actual deliveries or invoices. This feature ensures that your records are always accurate.
A delivery order is a document that records the details of what you’re delivering to each outlet. It’s not the same as an invoice, and it’s different from a purchase order too.
Manual tracking can take hours. The automated batch tracing feature saves you time by organizing all the information for you.
Learn how tools like Food Market Hub can make your life easier by keeping all your invoices in one place.
Once you’ve added merchants and assigned their catalogs, the system allows you to send their orders via email in real-time.
Platforms like Food Market Hub support offline accounting integration with software such as Autocount, SQL Accounting, ASOFT, and SAP.
With Food Market Hub, you can decide whether staff can view product prices. Restricting this access minimizes the risk of misuse and protects your profit margins.
The food market hub provides in-depth purchasing reports that show which items are ordered the most, how frequently orders are placed, and how much stock is consumed.
A Purchase Price History Report is a detailed document that records a restaurant's purchasing activities over a set period.
Variance quantity measures the difference between how much of an ingredient you thought you’d use and how much you used.
A wastage report gives details like date and time of wastage, reason for wastage, quantity and cost and the branches that generate the most waste.
A purchasing report is a document that includes data like the total number of items purchased, the total cost, the average cost per item, and discounts applied.
Food Market Hub is a restaurant procurement management software that digitizes the process of ordering ingredients.
User-friendly procurement management software can help you streamline your purchasing process and eliminate the chaos of traditional ordering methods.
An ERP system brings all your franchise operations on one platform. Whether it’s inventory or sales.
Spending hours calculating food costs eats into the time you could use for improving your business.
Restaurant Accounting Software helps you track expenses, manage inventory, calculate labor costs, and even prepare for taxes.
Restaurant purchasing software is designed to simplify how you order and manage your inventory.
Learn how a restaurant procurement software can help you in reducing food wastage in your restaurant.
I’ll walk you through some common problems you may face without a restaurant supplier management software and how it can make things much easier for you.
An ERP system is a software that helps you manage all the important areas of your restaurant from one place.
Without supplier management software you will always face issues while placing orders.
Discover how Two PAR Level Ordering from Food Market hub revolutionises inventory management for Malaysian restaurants, optimising stock levels and minimising wastage.
Discover how Food Market Hub's Deferred Payment Plan is revolutionising F&B franchising in Malaysia, offering access to capital, streamlined processes, and tailored support for both franchisors and franchisees.
Learn why complete documentation submission is crucial for restaurant financing. Know the required documents for credit risk assessment and streamline the process for favourable terms.
Discover how timely payments unlock discounts for Malaysian food service operators, boosting margins and profitability. Explore strategies and best practices now!
Improve your restaurant's financial health with these 8 essential cash flow management tips. Navigate restaurant cash flow challenges successfully in Malaysia.
Navigating the intricate world of restaurant management can be a challenging task, and a crucial aspect of it is managing cash flow effectively. Cash flow is the movement of money in and out of your restaurant, and it…
Explore a powerful finance strategy for Malaysian F&B businesses. Learn about deferred payments, restaurant financing, and how to boost working capital for your business growth.
Experience a restaurant revolution with automated inventory management. Boost efficiency and stay ahead of the game
Simplify procurement with automated purchase orders. Streamline your workflow for efficient, hassle-free operations
Stay ahead in food sourcing with insights on emerging procurement trends. Explore the future of procurement in the food industry.
Simplify food costing and stop overspending on ingredients. Learn cost-effective strategies for your restaurant
Minimize losses, maximize profits: Master the art of effective deadstock management with these essential strategies
Uncover the hidden costs of poor procurement and discover how to save money in this eye-opening blog
Discover optimization secrets for F&B success! Dive deep into procurement, inventory, and COGS with Food Market Hub
Unlock supplier collaboration secrets! Learn strategies for effective vendor relationships and elevate your supply chain game.
Discover factors driving up food costs for restaurants and how Food Market Hub optimises your costs. Know how to stay competitive, improve your restaurant's profitability.
When you are a restaurant owner, operator, or chef, creating your restaurant’s menu is almost a passion project itself. You get to list out all of the amazing dishes that you are excited to share with your customers.…
Learn the importance of food cost calculation and control in running a successful restaurant. Avoid disastrous results from miscalculations. Discover how Food Market Hub optimises your food cost for increased profitability.
Looking to optimize your restaurant admin work? Check out our latest blog on the top 5 tasks that are wasting your time and learn how to streamline your operations for maximum efficiency. Save time and boost productivity with our expert tips and advice.
Don't let manual inventory tracking slow your business growth. Discover how automation can help streamline operations and increase profitability.
Discover how The Fish Bowl optimized their restaurant operations and lowered COGS with Food Market Hub's automated ordering system. Learn how to streamline your operations and increase profits.
Can efficient inventory and procurement management increase your profits? Our article explores the correlation and offers practical tips for success.
Discover how to transform your food and beverage procurement process with our guide. Learn how efficiency can make a difference and get practical tips for success.
We understand running a successful restaurant can be a challenging task. From keeping track of inventory and managing costs to ensuring customer satisfaction, there's a lot to keep on top of. But what if you could sim…
Avoid costly procurement mistakes in your restaurant with our guide. Learn about 6 common errors and get practical tips for maximum profits.
Food waste in restaurants is one of the major setbacks for the success and profit margin of restaurants. To know how to calculate food waste, read below.
Boost your restaurant's profit margins with our guide. Discover practical tips to maximise profitability and succeed in the F&B industry.
The restaurant industry is a notoriously competitive one. With so many restaurants to choose from, it can be hard to stand out and get people in the door. A restaurant’s main service is surely to serve food, but it ca…
Food cost has repeatedly been mentioned in many notable restaurant management blogs; from the steps of food costing to ways of calculating them. You must be wondering, what is so important about food costing that food…
As digitalisation has become more prominent in the F&B industry, many restaurateurs have long familiarised themselves with several softwares that help run their business more efficiently. One of the most commonly used…
A beautiful image of a dish has the power to make whoever looking at it salivate and crave for it, so if you want the images of your food to have that power, here are a few tips and tricks to help you get there with j…
It is every restaurant owner’s dream to see their business flourish and bloom. But when it comes down to the details, how exactly do you achieve that? It’s time to jog your restaurant into action! Need a boost in your…
There’s no denying that the restaurant industry took a huge hit last year when the pandemic started. Many restaurant owners, understandably, have started to become discouraged in running their businesses.
Microsoft Excel is a powerful multifunctional spreadsheet. You’ve probably heard how it works wonders for simple accounting with thousands of unique formulas. However, when it comes to solving your inventory managemen…
The pandemic came and took everything by storm. There was almost no chance of making any sales during the lockdown period. Things went downwards real soon, and business owners expected a very bad outcome from practica…
Great customer service is your smile, your first “hello” as your customers walk through the door, and the first time you and your customers make eye contact. From seating, to speaking, to ordering, to requesting for i…
If you think starting a F&B business is simply just taking orders, cooking, serving and billing. Well, it's not as simple as it seems. The roots of the business is rather a complicated affair to be dealt with every si…
Food Market Hub as a Restaurant Management System with Restaurant Purchasing System plus Big Data Analysis tool has equipped most advanced feature to help Restaurant Management get the latest data and provide better d…
With efficient digitization and automation, you can effectively cut down on labor costs and let technology do the dirty work! I’m sure we’ve all heard this saying of how hard the pandemic has affected our daily lives,…
Commercial kitchens are typically built to produce large quantities of orders sold to the customers. They have the capacity to handle different types of food preparations due to their built-in appliances and essential…
After the covid season is over, Restaurants should foresee that the number of dine-ins will spike. People will start spending quality time with their friends, family, or even catch up on some alone time, and what bett…
Food Market Hub start as Restaurant Purchasing and Inventory System has now expand to F&B Supplier B2B Marketplace.
F&B businesses or any business in general, always focus on generating profit. It's always about "how much sales you've made this month" and never about "how much money you've saved this month?"
Want to increase your restaurant's profit margin? One of the best ways to do this is food costing and control. Read this to find out how!
Since the COVID-19 pandemic, Malaysia’s inflation rate has steadily increased, mainly due to the rise in food and fuel prices, according to government data. Following this global trend, Malaysia is expected to experie…
If you own a busy restaurant, you will know that manually taking down orders and sending them to the kitchen is time consuming and a wastage of human resources.
Error, error. There’s no more humanly trait than committing a human error. Usually, making mistakes means you are learning, and that’s a good thing! But when it comes to the business sector, it could be costly to comm…
It takes a lot of thinking and planning to start and run a restaurant business and controlling restaurant food waste. From ordering the right amount of inventory to managing your overhead expenses to managing your res…
If you want your restaurant business to succeed in this competitive market, you will need to focus on what matters the most. This includes properly taking and managing your orders, creating the right menu for your res…
Running a restaurant is a tough business. A Restaurant POS System (Point of Sale System) is crucial to the smooth running of your restaurant business.
Premium food items are higher in quality and therefore require more effort, time and resources to produce these products.
When determining the price of an item on your restaurant menu, it is important that you first calculate your food cost.
Having trouble getting into the basics of quality control in your kitchen?
A menu is like a handshake. Why? It forms your very first impression of someone. It is vital for restaurants to have an attractive menu that instantly captures attention. It represents who you are, and what your resta…
A central kitchen is a common kitchen space owned by restaurants that have multiple branches or locations. It is used to prepare parts of a meal or even complete meals which are then packaged and distributed to the re…
The Malaysian government has recently lifted the dine-in restrictions, and many restaurants are reopening their doors for diners who have received complete vaccination against Covid-19. However, many diners are still…
Amongst restaurateurs, tracking purchases, managing inventory, and monitoring kitchen’s performance in real time are a common challenge. However, most of them are not yet aware about how digitalisation is the key solu…
Central kitchens, a term that many restaurateurs have gotten familiar with recently, can be quite a challenge to manage.
Being one of the biggest operating expenses in running a restaurant, food cost has become a common concern among restaurateurs. With perishable ingredients, rising food prices, and fluctuating sales, controlling food…
Being one of the most lucrative holidays of the year, Chinese New Year (CNY) has become an excellent opportunity for restaurateurs to generate higher profit.
Social media marketing is undoubtedly one of the best ways to market your brand. Its free, it's easy, and it's effective! Here are some tips to make your audience fall head over heels for you!
To cope with the ever-evolving nature of customer needs, many restaurateurs have recently relied on the rapid advancement of F&B technology. Using restaurant automation, restaurateurs can then drive higher efficiency…
In our new normal, food and beverage companies must quickly adapt to the unpredictability of demand and supply. Many supply chains have struggled with COVID-19 complications, such as viral outbreaks. This may be tempo…
Often overlooked, a restaurant budget is essential for restaurateurs to achieve continuous profitability. It provides a solid guide on how restaurateurs can make informed decisions, therefore encouraging the right act…
It is the month of Ramadhan and the festivities of Raya is right around the corner!
Being one of the most crucial aspects of restaurant operations, procurement processes can be challenging. Due to the highly-competitive nature of the F&B industry, restaurateurs often struggle in keeping up with price…
