6 Steps to Streamline Hospitality Procurement
Follow these simple steps to learn how a smooth procurement process can be key to the success of your hospitality business.
Discover how L’Osteria leverages FoodNotify’s digital solutions to optimize processes, reduce food waste, and drive sustainability in the hospitality industry.
The hospitality industry is facing mounting challenges: rising competition, increasing costs and growing demands for sustainability require new solutions. But this is precisely where the opportunity for innovation lies – digitalization is proving to be a game changer, enabling the industry to work smarter, reduce waste, and future-proof its processes.
An inspiring example of this transformation is the collaboration between L'Osteria and FoodNotify, as featured in the German HOGAPAGE magazine. Together, we have built a digital ecosystem that optimizes processes, reduces food waste and actively reduces the company’s carbon footprint.
The article explores how L’Osteria has implemented a forward-thinking strategy and, together with FoodNotify, highlights the opportunities that digitalization offers for the future of the hospitality industry.
Digitalization is changing everything – from inventory and ordering systems to sustainability initiatives. For our client L'Osteria this shift is about more than efficiency. It’s about driving long-term success through focused innovation. But what is behind this strategy?
Best of breed or specialized software provides us with a customized and comprehensive solution that can much better meet specific requirements. This approach allows L'Osteria to implement its defined digital ecosystem according to its priorities and at its own pace.
L'Osteria has opted for the best of breed approach, combining specialized solutions for different areas, rather than relying on a single all-in-one solution. Several studies have already confirmed that this approach allows better adaptation to the individual needs of a company and facilitates strategic decisions.
We therefore worked closely with our customer to develop a flexible system that was tailored to the specific needs of L'Osteria. Inventory management in particular has benefited from digitalization, automating orders, reducing costs and effectively cutting food waste. The result? More efficient operations and a noticeable improvement in sustainability.
L'Osteria is a good example of how digitalization in the hospitality industry not only works, but can also be a real success factor. Find out here how to make digitalization easier in your business with a few simple steps:
1. Develop a strategy
A clear strategy is the foundation of any successful digitalization. Think about the business goals you want to achieve and develop your digitalization strategy around them. This is the only way to ensure that all actions are targeted and sustainable.
2. Choose the right partner
Choose providers that rely on open systems and APIs so that your solutions can work together flexibly. Also consider whether a best of breed approach or an all-in-one solution is a better fit for your business. The right partners will give you the freedom to integrate innovative technologies while maintaining your standards.
3. Implement digitalization step by step
Big changes require small, focused steps. Start with a key area (e.g. inventory management) and optimize the processes there. As soon as you see the first results, you can move on to other areas. This not only reduces the risk, but also builds your team's confidence in digitalization.
While digitalization opens new doors for the hospitality industry, it also brings challenges. According to recent studies, one of the most frequently cited barriers is the issue of data protection. Hospitality companies must also ensure that their guests' data is adequately protected at all times and that their privacy is protected.
Your employees also play a key role in the success of digitalization. New technologies can only reach their full potential if your team knows how to use them efficiently. Plan a comprehensive training programme to strengthen your staff's skills. This can be a challenge, especially in the hospitality industry where staff turnover is high.
We support companies like L'Osteria as a digitalization partner, showing them how to make their processes more efficient and sustainable. Our F&B management platform helps companies to position themselves for the future - with a passion for hospitality:
Streamlined procurement
By connecting directly to suppliers and POS systems, restaurateurs know what they really need – all from a single platform. This reduces the number of wrong orders and optimizes the use of goods at the same time.
Digital recipe management
Our platform ensures consistent, high-quality dishes across all locations. With smart features such as LMIV labelling, on-the-spot costing and even CO2 information, it not only increases transparency but also promotes sustainability.
Real-time stock monitoring
Never lose track again and always have an eye on your stock levels in real time. Digital stocktaking also saves valuable time, reduces sources of error and lowers labour costs.
Reducing food waste
Our digital solutions capture and analyze food waste in real time, allowing you to target waste reduction. Less waste means lower costs and a smaller carbon footprint for your business.
Food waste is not only bad for the environment – it also has a massive impact on CO2 emissions, wastes valuable resources and exacerbates climate change. This makes it all the more important today to actively reduce food waste in hospitality. Studies and reports show how important this is for climate protection.
But sustainability has long since become more than a social responsibility – it is a key success factor for restaurants. More and more consumers are looking for sustainability and transparency. Those who fail to do so will not only lose relevance, but also risk their long-term profitability.
Reducing food waste is not only important from an environmental perspective, but also from a financial one. After all, every ingredient that is wasted not only incurs unnecessary costs, but also ties up resources that could be used more efficiently elsewhere. Restaurants can get up to $7 back for every dollar they invest in food waste prevention.
But the impact of food waste on the hospitality industry goes much further. On a day-to-day basis, waste leads to inefficient processes that drag down the entire value chain. This makes a digital solution all the more important.
Our F&B management platform helps to eliminate food waste before it even reaches the plate – without compromising on profitability. By using digital technologies, hospitality companies can manage their resources in a targeted way. In doing so, we are not only making an important contribution to reducing the environmental footprint, but also support SDG 12, which aims to halve global food waste by 2030.
The partnership between L'Osteria and FoodNotify demonstrates how digitalization and sustainability can go hand in hand. By using smart inventory management and reducing food waste, restaurants not only benefit from smoother operations, but also make an important contribution to conserving resources and protecting the climate.
Digital solutions such as FoodNotify's enable restaurateurs to automate processes, reduce costs and at the same time significantly improve the quality and sustainability of their offerings. L'Osteria demonstrates that a tailored, thoughtful strategy is not only environmentally and economically beneficial, but also the foundation for long-term success in an ever-changing industry.
The path to successful digitalization begins with a clear vision, the right choice of partners and a step-by-step implementation. Rely on modern software solutions to increase your profitability, achieve your sustainability goals and make your business fit for the future.
Follow these simple steps to learn how a smooth procurement process can be key to the success of your hospitality business.
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