Trident Information Systems Pvt Ltd

Why Does Analytics Play a Huge Role in the Journey of a Restaurant’s CIO?

Restaurant Management ERP / Trident Information Systems

Restaurants that fear changes cannot make it too far in the competition. The past few years have taught every industry the importance of speed and agility for survival. Restaurant industries are fast-paced, and a little slowdown can end up collapsing massive profit-earning opportunities for them. With unexpected lockdowns, staff shortages, and a lack of ingredients, many restaurants reached the verge of shutting down in the past. Only those with a Unified Restaurant Management System, like Microsoft Dynamics for Restaurant, had enough resources to keep them surviving and innovating new ideas to make a profit even during the most hopeless hours. They could do it with the agile analytics that LS Retail Restaurant Software offers. There are still many food service businesses that fear changes; they dread the complications that hang around the process, and therefore, choose to work in silos. Little do they realize how many steps it pushes them back and we are not even talking about the uncertain threats they cannot see. Traditional technology often fails to support agile methods. It is time to introduce a digital transformation into your restaurant and invest in reliable Intelligence technology. As per a study by IDC, companies that focus their digital transformation on intelligence technology boost their productivity, earn 8 times more revenue, and drive twice cost efficiency as compared to a non-digitally transformed restaurant. How Analytics in Microsoft Dynamics for Restaurant Benefits Your Restaurant Business? With the latest technology driven by intelligence, it does not demand a team of data scientists to bring market analytics. Microsoft Dynamics for Restaurant is an AI and Intelligence based unified Hospitality Management Solution that provides the following benefits: Find the Relevant Patterns Microsoft Dynamics for Restaurant provides detailed insights into your market where you can notice patterns and plan strategies accordingly. You can notice that a particular mall in your downtown location sells more wine than beer. Or people in a certain area look for a particular restaurant during a rainy day. Noticing patterns like these can change the whole game. You will make strategies more consciously keeping such information as the base. Also, with historical consumption patterns, you can predict how much you can sell in the next week. Optimized Inventory Ordering While Cutting Waste With agile intelligence, you can record and notice your previous ingredient management pattern and find methods to minimize waste. Maybe you know that from the past few times, your tomato sauce is in excess and ends up in a can. Or you may see that customers are not finishing the red wine and it’s getting wasted. Waste cannot be eliminated but minimized. Microsoft Dynamics for Restaurant helps you do just that. With robust analytics and real-time visibility, you can easily minimize costs and add to your profit margin. Manage Stock Usage and Distribution Managing stock and distributing it throughout your chains is not as easy as it sounds. Distributing inventory across different locations needs strategic planning where the response from customers has already been observed. For instance, you can distribute more pork sausages in your Rochester chain where customers choose it for breakfast, and chicken wings in Syracuse for lunch. The vigor of a plan entirely depends upon the accuracy of the information they can access. Microsoft Dynamics for Restaurant fosters robust business intelligence tools such as Power BI. Since the data is stored in a single source of truth, it extracts information from multiple sources and turns them into actionable reports. Design an Impactful Menu Have you noticed some dishes on your menu are very costly to make and are not even popular among customers? If they can’t provide you with healthy margins, cut them off from your menu. With deep insights into the customer, you can see how your menu is performing. Study customer feedback and try adding more variations in the most liked meals. You can launch special offers where you may sell free fries with peri-peri chicken wings. Or you may cross-sell dishes as well. Make exciting combinations of different dishes and form a meal. Insights allow exponential opportunities to make good variations in your existing menu. If you are looking to implement Microsoft Dynamics for Restaurant, you must contact a Microsoft Restaurant ERP Software Implementation Partner. Your partner must have a robust track of accomplishments and robust resources to manage your restaurant needs. Trident is a D365 Gold Implementation Partner and LS Retail Diamond Partner. With 22+ years of experience, we have acquired a massive clientage and maximum customer retention rate. Our team of experts ensures your Restaurant Application keep working with their 24/7 support. Contact us for further information.

Why Does Analytics Play a Huge Role in the Journey of a Restaurant’s CIO? Read More »

5 Foolproof Methods to Optimize Logistics instantly!

Supplychain management ERP / Trident Information Systems

Today’s businesses are aware of how critical effective supply chain management is. Nonetheless, it is equally crucial to comprehend how outbound and inbound logistics procedures affect the supply chain as a whole. Your Logistics and Supply Chain Management play a huge role in how your inbound and outbound will turn out to be. Inbound logistics entails tasks like the delivery of goods and raw materials from suppliers to a business as well as the storage and transit of those materials. To prevent production line delays, coordinating transportation from many suppliers and ongoing communication are crucial. While outbound logistics concentrates on procedures necessary to transport finished items to final consumers. Some of the difficulties encountered when carrying out outbound logistics procedures include preparing cargo for tracking deliveries, distribution of goods, and enhancing routes for quick delivery. The effectiveness of the supply chain depends on the success of both outbound and inbound logistics. If handled manually, these operations can be laborious and complicated. Logistics and Supply Chain Management technology can be used in this situation. To effectively manage both inbound and outbound logistics and easily meet consumer expectations, modern logistics systems that combine AI, machine learning, and numerous algorithms have become essential. How Inbound Logistics and Outbound Logistics Different? The movement of raw materials into the company’s manufacturing facility from various suppliers is a part of the inbound logistics process. It may also involve managing inventories as well as tasks like locating raw materials and storing and delivering materials that will be used in the production process. The flow of the finished product from the company to its customers is referred to as outbound logistics. It comprises tasks related to packaging, shipping and delivery, and customer support. While outbound logistics concentrates on the interaction between the company and its clients, inbound logistics is more concerned with the relationship between the company and its suppliers. Outbound logistics is primarily focused on customer service and distribution of finished goods, whereas inbound logistics is more concerned with material management and production. Overall, inbound logistics have a direct effect on the company’s manufacturing processes. Since the final product depends on the raw materials that are used, it also affects the finished product that is offered to the clients. Any inefficiency in the incoming logistics processes would result in delays in the delivery of goods and a halt in production, increasing losses and resource waste for the company. The best way to deal with the delay is to engage a Logistics and Supply Chain Management software such as D365 Transport Management were the How to Optimize Your Inbound and Outbound Logistics? Businesses may now more easily improve their outbound and inbound logistics operations thanks to Logistics and Supply Chain Management technology such as ERP for Logistics and the variety of possibilities it provides. The objectives are to improve productivity, reduce costs, and make processes run more smoothly. The following strategies can be used to optimize inbound logistics: Encourage Logistics and Supply Chain Management Automation The procedure can be automated by choosing ERP for Transportation that tells the best delivery routes utilizing intelligent route optimization software that uses analytics, machine learning, dynamic routing, and GPS tracking to give you the best options. Monitoring inbound delivery fleets, product unloading, and in-plant activities can assist in increasing efficiency and saving the company a ton of time and money by following schedules. Using Logistics and Supply Chain Management Software A company can keep up with the market environment for freight costs and other dynamic aspects that can negatively impact inbound operations with the use of Software for Transport Company. Businesses can save a lot of money by keeping up with the dynamic changes in the logistics sector and by having an appropriate awareness about the going rates as opposed to only adhering to the prices given by various suppliers. Boosting Customer Experience Today’s customers want complete transparency of the transportation processes involved in their deliveries. Businesses may give their customers pertinent information and track the progress of their orders at every stage by streamlining the inbound logistics operations. An innovative, cutting-edge Logistics and Supply Chain Management software would enable the company to plan its production and ETAs properly, ensuring that there are no inconsistencies in their customer communications. Build Strategic Relationships with the Third-party Vendors To maintain effective logistics operations, it’s critical to develop strategic connections with ERP for Logistics Company providers, carriers, and suppliers. This can be accomplished by evaluating each company’s performance concerning important factors including on-time, complete deliveries, pricing schemes, the number of goods, business requirements, and other shipping activities. Businesses may keep track of these elements, identify which third-party providers are having what effects on their operations, and negotiate shipping rates using sophisticated logistics management software. Enhance Communication Effective communication techniques must be implemented since outbound logistics procedures include numerous stakeholders to guarantee that the movement of products proceeds as planned. Constant communication with delivery drivers and warehouse management enables quicker decision-making and explains any ambiguities along the way. Logistics and Supply Chain Management systems also enable companies to track the locations of delivery vehicles and improve routes, ensuring greater transparency. Logistics is one of the heaviest and most impactful assets a company has. They keep the supply chain flowing. Disruptions in logistics can cause delivery delays, unhappy customers, and an overall slowdown of a business. To prevent this, businesses must employ Logistics and Supply Chain Management software like Dynamics 365 for Finance and Operations. If you are looking to get TMS Software, Contact Trident. We are a D365 Gold Implementation Partner and LS Retail Diamond Partner.

5 Foolproof Methods to Optimize Logistics instantly! Read More »

Food and Beverage Manufacturing Current Challenges and Trends Can You Expect in 2023

Food Manufacturing ERP / Trident Information Systems

Are you overwhelmed by the rapid changes in the food and beverage industry? Just like you, many other manufacturers are deeply impacted by the sudden customer changes, bans, technological advancements, and health concerns in the market. The changes have caught on at a faster pace for a couple of years due to environmental and social changes. With the emergence of veganism, manufacturers now have to lay extra emphasis to produce separate non-animal-based products. Plastic ban around the world has also muscled manufacturers to practice eco-friendly measures. The key measure any food and beverage manufacturer can take today is to deploy a suitable Food and Beverage ERP into the business. Working with different systems to run manufacturing operations can always add to your complexities. During these unpredictable times, it’s always smartest to pick a Cloud-based Food and Manufacturing Software Solution that stores and manages your data on a single server. One of the most renowned examples these days is Microsoft Dynamics 365. ERP for the Food and Beverages Industry is hosted on Microsoft Azure Cloud, which ensures bank-level data security and a team of experts working on its development 24/7. The food and beverage industry are seeing various challenges these days, and in this blog, we will discuss the prominent challenges and the most possible trends you can expect next year. Current Challenges in the Food and Beverage Industry Plastic Ban Reinforcement Food and beverage manufacturers are now looking for the best conductive practices to complement the environment. To ensure sustainable growth, producers must implement eco-friendly practices right from the start to the end of the manufacturing process. You can even implement D365 Food and Beverage ERP that helps streamline every step of production. Strict Regulations on Waste Management Most food and beverage producers adhere to the laws. However, the constantly changing laws on surplus production, waste management, food quality, waste disposal, and so on cause more challenges for them. To overcome this challenge, manufacturers must focus on improving their overall business operating policies. The e-Commerce Trend No manufacturer can escape eCommerce these days. Customers around the world have witnessed the comfort of technology, the ease of getting what they want fast, without having to visit the store. This has opened doors to new opportunities for many businesses, but traditional manufacturers are still somehow struggling with the change. It’s high time they start promoting their services online. Rise in Non-Animal Product Demands With the rise in veganism, the demand for meat and animal-based products has seen a significant decline. Manufacturers are too transitioning to adopt these new trends in the market. Many of them have already started vegan food and beverage production to maintain their goodwill. However, many are still on their way. Trends You Can Expect to Witness in 2023 and How You Can Cope with Them The major trend change you can see in 2023 is the technological advancements in manufacturing plants. Only the brands that implement Food and Beverage ERP will thrive in the market, the rest may barely survive. Given below is the list of upcoming trends: Optimized Supply Chain with Food and Beverage ERP There will be massive competition among the Food and beverages producers hence optimizing the supply chain to turn the business more agile, resilient, robust, and advanced will become a necessity rather than a choice. You can look for agile Food and Beverage ERP Solutions in the market. Make sure your technology handles your business and customers together with the least/ no complexities. Choose your Food Manufacturing Production Software Wisely. Use of Advanced Technologies As mentioned above, the latest technologies like AI and ML will be in trend next year. They are excellent at cutting unnecessary costs, reducing human errors, reducing time, enhancing services, etc. These technologies will not only provide a competitive edge to the users but also leave them enough time to strategize new ideas for the business. Product Transparency to the Customer Gone are the days when customers didn’t mind you not being transparent with them. Today, they demand transparency on how humane and sustainable your production process is, and this is most likely to become one of the most important aspects for manufacturers in 2023. Using a Food and Beverage ERP like Dynamics 365 for Food Manufacturing can ensure your customers are informed about the ingredients and processes you use in your plant. You do not need separate software as everything is done on the same platform. Waste Cutting With the advanced technology in hand, manufacturers will focus on cutting waste like unnecessary costs, food waste, production surplus, and so on. With technology incorporating Business Intelligence technology like Microsoft Power BI, you can easily predict customer demand which significantly aids waste-cutting measures. It is recommended to implement Food and Beverage ERP that incorporates features promoting waste cutting. Veganism For better health, fitness, and preventing animal cruelty, many people are shifting to veganism every year, and the same trend can be seen in 2023. Manufacturers need to add vegetable-based products to get into the vegan market. Processed food items do not have a long shelf life, they need to be sold off before getting perished. Due to sudden customer changes, food items go wasted. With a Food and Beverage ERP like Microsoft ERP for Food and Beverages, producers can forecast demands, be transparent with customers, understand changing market dynamics beforehand, and a lot more. If you wish to implement ERP for Food Industry, Microsoft Dynamics 365 would be the most suitable. Contact Trident Information Systems, one of the top Microsoft Dynamics 365 Gold Implementation Partner, and LS Central Diamond Partner for further information.

Food and Beverage Manufacturing Current Challenges and Trends Can You Expect in 2023 Read More »