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Profitable Foodservice Opportunities

10/26/2020

Myth: Now is not the time to focus on foodservice.

 

Reality: Now is the time! The pandemic has brought profitable foodservice opportunities.

John Coyle, ADD Systems

The pandemic has challenged foodservice and tested retailers’ resiliency. It has forced change and has been uncomfortable, but, as with most challenges, it is also an opportunity.

This is an uncertain time for everyone, including your customers, so having a retailer who is one step ahead of their needs can solidify loyalty. Staying on top of trends is more important than ever. Is delivery or curbside a desired option? Would meal kits or prepackaged food be well received? What foodservice items should you put on hold? Back office software with Business Intelligence (BI) reporting can help.

Your software and reporting can give you complete visibility into your foodservice activity. You will know what is and is not selling, keep a close eye on margins, monitor trends and safely try new products and services, confident you have the information you need to make informed decisions.

How? You collect mounds of data through your POS. Use it to stay well informed of the activity in your store, automatically and on demand. A foodservice dashboard can give you real-time KPIs (Key Performance Indicators), like top sellers, margin, and more. Foodservice performance reports can arrive in your inbox on a preset schedule, so none of your time will be spent gathering data or relying on gut feel. Exception alerts can be sent directly to your inbox when things are out of your normal range. You will have a real-time, panoramic view of performance and be ready to make quick adjustments.

Now is a unique opportunity for foodservice. The pandemic has shaken things up and created new opportunities. Take advantage and make changes to grow and solidify your customer base. They will thank you for it, and you will feel their loyalty for years to come.

 

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