Insights – Buyers Edge Platform

How Technology Is Reshaping the Restaurant Industry

The restaurant industry has not always been quick to adopt new technologies. The adoption of technology is set to continue to increase in the coming years. From point-of-sale systems to supply chain transparency, technology is transforming the way foodservice operators do business and interact with their customers. Let’s explore some of the ways technology is reshaping the restaurant industry and what this means for the future: One of the most significant changes brought about by technology is the rise of online ordering and delivery platforms. These third-party platforms, such as Grubhub, DoorDash, and UberEats, have made it easier for customers to order food from their favorite restaurants without ever having to leave their homes. This has been a game-changer for the restaurant industry, as it allows restaurants to reach a wider customer base and generates additional revenue streams. Another way in which technology is reshaping the restaurant industry is through

Disruption is the New Villain, Visibility is the New Hero

Like Batman needs Robin, the supply chain needs technology. Traditional supply chain management has been known to be rigid and time consuming, with foodservice stakeholders manually navigating the many touchpoints of the complex ecosystem. With supply chain disruption occurring more often, the industry has been forced to pivot to meet constant price fluctuations, changes in customer demand, and product shortages – forcing them to act more quickly and with less time to plan. Without the ability to see things such as operator ordering habits, supplier shortages, or distributor metrics, it’s impossible to build supply chain and operational efficiency. But how can the different stakeholders move more rapidly when the supply chain process is known to be slow and unpredictable? The answer is with transparency. Whenever a stakeholder makes a movement in the supply chain process, data is generated. Think about it, every purchase an operator makes produces different data points

Benefits of a Foodservice Operator Partnering with Buyers Edge Platform

Foodservice operators make up a critical part of the supply chain. Think about it – you use manufacturer products in a variety of different ways throughout your operation. You are the end of the chain destination where customers purchase the final goods. Without operators like you, manufacturers and distributors would be sitting on mountains of unused product. But, how do you know what products to use and if you are getting a good price? How do you identify the right suppliers for your operation’s unique needs? The answer is by partnering with a Group Purchasing Organization (GPO). A GPO is an entity that is created to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Help In Every Area of Your Operation Foodservice operations include more than just a back-of-house. You have areas such as

Buyers Edge Platform Acquires ArrowStream, a Leading SaaS Provider

Adds the fastest growing foodservice supply chain management software provider with a $35 billion network to drive further efficiency, collaboration, and transparency. WALTHAM, Mass., Aug. 3, 2022 /PRNewswire/ – Buyers Edge Platform (“Buyers Edge”), a leading digital procurement platform with more than $20 billion in total foodservice spend under management, today announced the acquisition of ArrowStream, a leading provider of supply chain management Software-as-a-Service (“SaaS”) to the foodservice industry. Emerging from what has been one of the most challenging periods in foodservice history, distributors, suppliers, and operators are facing inflation, commodity shortages, climate change concerns, shifting consumer demand, and production delays. This backdrop has increased the need for data-driven technology solutions that can ease the pain, lower food costs, and improve margins. ArrowStream’s powerful software enables clients to proactively capitalize on data to improve their supply chain operations. ArrowStream’s software addresses mission-critical challenges in brand protection, supply monitoring, profitability optimization, and sales growth enablement across the foodservice

Technology Over Tradition: Why Restaurants Should Automate As Much As They Can

In a world of technological marvels such as automated virtual assistants, self-driving vehicles, and drone delivery, why would anyone want to manually run their restaurant the old fashioned way? If you haven’t already, it’s time to adapt to a more digital world and take what once were manual processes and turn them into a more streamlined way of operating. There are many different areas of your restaurant where technology can be adopted to make the workload on your staff a lot lighter and easier. From the back-of-house to the front-of-house, technology is the answer to creating a more efficient environment. When candidates see that your restaurant uses different technology solutions throughout the operation, it lets them know you’re prioritizing technology over traditional ways of operating, making things quicker and easier for them. Using technology could make your restaurant stand out from others, be the deciding factor for foodservice workers applying

From Source1: 5 Hotel Trends to Watch for in 2022

2022 is just a few short weeks away and it’s likely there will be an increase in travel in the coming new year, whether it’s for business or leisure. As challenges continue to grow within the supply chain and labor shortages are at an all-time high, it’s important to take advantage of solutions that will help you run a profitable hotel operation. Let’s take a look at 5 hotel trends you should watch for in 2022: Partnering With Supply Chain Experts One trend to adopt in the coming new year is to partner with Supply Chain Management experts, such as Source1. With the unpredictable state of the supply chain, hotel operators are having trouble procuring the necessary supplies to keep their operation up and running – including food and beverage products By leveraging supply chain management experts, you can reduce costs, optimize your purchasing, and ensure you’re getting high-quality products at

From Consolidated Concepts: How to Run an Efficient Restaurant During a Labor Shortage

To run a restaurant operation during the current labor shortage is one thing. Running an efficient one is another. With the continuation of the pandemic and no relief in sight, especially before the holidays, restaurant operators are seeking alternatives to what was once known to them as their traditional, every-day way of running their operation. There’s no doubt that times are changing, and everyone is doing their part to keep up. These changes are fairly easy to make and will not only help you run a more efficient business, but will also put money back in your pocket. Let’s take a look at three different ways Consolidated Concepts experts say you can run an efficient restaurant during the current labor shortage: Technology Can Streamline Processes Technology has played a massive role in restaurant operators lives, especially since the beginning of the pandemic. From QR code menus and mobile ordering to inventory management, there’s nothing technology can’t do to help streamline your operation. One way we encourage restaurant operators to

From Dining Alliance: Look Out For These Menu Trends in 2022

With the new year right around the corner and restaurant operators preparing for what’s ahead, we thought it would be a great idea to introduce some menu favorites to look out for in 2022. According to the new 2022 Culinary Forecast from the National Restaurant Association, many food items, beverages, flavors, and much more will be hitting menus in the coming New Year. Some trends new, some old. Some that may be surprising, and some not so much! Let’s take a look at a few menu trends you should be prepared for come the New Year: Three Meals of the Day Everyone knows breakfast is the most important meal of the day. It’s a great way for customers to earn energy bright and early and an easy way for you to put money in your pockets. If you weren’t already serving breakfast at your restaurant operation, now’s your chance! Top 3 trends to

From Dining Alliance: 3 Challenges the Produce Industry is Currently Navigating

In partnership with Produce Alliance Due to the pandemic, many challenges continue to be identified in all areas of the foodservice industry—with produce being one of them. Even before COVID hit, there were already issues that growers and shippers were presented with such as unexpected weather conditions and low wages. Ever since the peak of the Pandemic in March of 2020, the produce industry has taken significant hits that may take months or even years to recover. Even though the industry is still experiencing various negative impacts from the Pandemic, the following continue to get more challenging to navigate. Labor Shortage The Produce Industry is facing issues in its ability to find qualified workers. As the worry for labor shortages in the industry continues to grow, operations in all other areas involved are now affected as well. From restaurants to food retail, filling positions is more complicated than it was pre-COVID when farm

From Dining Alliance: Solutions to Tackle Labor and Supply Chain Shortages

The restaurant industry continues to experience inflation driven by supply/demand, labor challenges, and driver shortages. According to Tyson Foods, restaurants are still short 1.5MM jobs and labor costs are forecasted to rise in 2022. The Labor Shortage is impacting many areas of the industry. Not only does the shortage in workforce affect the front-of-house and the back-of-house, but it even challenges the trucking and transportation companies who move your ingredients from one location to another as they are seeing a critical shortage in drivers. As an operator, you can’t control what happens in the supply chain – but you can control how you prepare for and handle the challenge of minimized staff and shortage of ingredients. Keep consistent customer satisfaction and decrease the time spent on prep with these menu solutions! Speed-Scratch Items Prepping for the busy morning or afternoon rush can be time consuming and require a lot of

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