Rely on Restaurant POS Systems to Manage Your Restaurant- Main Image
Retail & eCommerce Warehouse Management by FTx Global

To be ahead of your competitors, it is essential to have a nice ambience and experience for your customers. Other vital factors to take care of is quality service, cleanliness, hygiene, food quality, lighting, décor choices, choice of music played, etc. But all this means nothing if you don’t have a restaurant POS system, an important sales and operations tool.

If you don’t have restaurant POS, you will lose on upsell opportunities, offering better customer service and improve overall revenue. It has been often observed that when purchasing a new POS for a restaurant, one of the common mistakes restaurant owners make is buying a retail POS system for restaurants intended for retailers instead of opting for a restaurant-based POS system. Let us gain an understanding about this system in detail.

What are Restaurant POS Systems?

These POS systems allow restaurant owners to effectively manage inventory tracking, kitchen order tracking and ease the restaurant billing process. An effective POS system helps in effective planning, measures food cost, reduces wastage, pilferage and enhances customer engagement.

What are Restaurant POS Systems

Retail POS Systems vs. Restaurant POS System

Even though Retail POS is a great tool to use, but it is suitable for retail store owners. If you own a restaurant, then you should make use of restaurant POS systems. Retail POS systems have basic features, but your restaurant needs more than just basics.

How Restaurant POS systems are reliable compared to retail POS systems?

  • Table Management: A retail POS system will not offer table management, whereas if you own a restaurant, you will require a restaurant POS system for table management.
  • Online Order: With the retail point of sale systems, you will have to pay a portion of every order to third-party online ordering sites. Why share your profits when you can use restaurant-based POS systems that can easily integrate right into your system.
  • Analytics: What sold the best today? Which server made the most tips? Only a restaurant- based POS system can answer all the related questions that a restaurant owner wants to know.
  • Customer Database: Who are your regular customers? Which food do they love the most? With the help of a restaurant POS system, you can keep track of your valuable clients with an integrated loyalty program and database that reflects customer purchase trends.
  • Relevant Add-on Integrations: From managing inventory, employee scheduling, gift cards, sales, loyalty points or customer database everything can be managed from just one restaurant POS system. The same can’t be handled by retail POS systems.

How Restaurant POS systems are reliable compared to <a href=

What difference can restaurant owners observe with restaurant POS Systems?

  • Improve Customer Relationship

    With the help of a POS solution, you can give the best customer satisfaction, thereby enhancing the customer experience. With restaurant-based POS Systems, you can change food menus as per season, weekends or regular days, occasions, events, etc. Apart from this, you can also reduce waiting time and facilitate multiple payment options for customers. POS systems lead to quick, better and improved service, which leads to great customer satisfaction.

  • Reduce Waiting Time

    In a restaurant, food is served to customers from separate areas. There are different counters set for different food items namely appetizers, desserts, salads, main course, etc. Customers might order a variety of food items from separate places. This type of instance is common and demands proper synchronization; otherwise, it might confuse waiters and lead to serving wrong orders. With a restaurant POS system, you can easily integrate multiple servers in a single line. It further helps in allowing fast order processing, improves table management and on-time food delivery. In this way, waiting time is reduced and it enables restaurants to increase the efficiency of operations, increase customer satisfaction and serve more customers.

  • Enhances Kitchen Efficiency

    By using a restaurant-based POS System, the whole order journey from the customer to the kitchen can be drastically reduced. When you use a cloud-based POS system, the waiter can send customer orders directly to the kitchen without wasting time. The to and fro can be reduced to a great extent, which makes customer service the main focus point of the server.

  • Manage Recipes & Inventory

    In your restaurant POS system, you can map your ingredients to recipes. It also reduces wastage and pilferage. It also helps in inventory management, especially when you have multiple deliveries. With a restaurant POS system, you can efficiently manage what is in stock and provide accurate and updated snapshots of items available in inventory.

  • Automated Menu Display

    Menu forms an important part of any restaurant. It has been observed that about 75% of customers check menu details before they order food online. When you visit any restaurant, you might have observed that first of all, you would be handed a food menu as soon as you arrive at a table. With the help of a POS system, this time-consuming thing gets sorted. You can create a visual menu display for your customers. Customers can quickly get the menu, so this will save both customers and staff time.

  • Accept Online Orders & Track Orders 24 x 7

    By using a restaurant-based POS system, you can serve customers anywhere be it restaurant, office or home. It has become a common trend among foodies to order food online and relish it in their comfort zone. So, with restaurant POS system, you can integrate it with multiple online ordering channels to track orders 24×7. In this way, you can capture customer’s data and update the same with the CRM database. It might happen that customers may have queries regarding your restaurant or food quality, so you can answer all their questions using this software. It leads to customer satisfaction and helps to create a positive impression on their minds.

  • Table Management & Reservation

    Using this restaurant POS system, you can manage table orders and the reservation process. Customers can place orders via a mobile phone or tablet. You can take track of booking information by making use of this feature in an accurate manner. It also gives owners an idea about how many tables are empty. So this is the most vital feature to know to achieve profit and grow your sales.

  • Labor Management

    As per stats, about 75% of restaurant owners need management feature to manage their labors effectively. With the help of a POS system, they can easily track labor’s activity, attendance and work hours. It will help owners understand how their staff has utilized their time and help them to assess them in terms of paying salary, further recruitment or dismissal. Lastly, this system allows your staff to maintain their timing properly.

Over to You

We agree that a retail POS system can be used to conduct transactions, still when it comes to managing a restaurant, nothing can beat the efficiency and relevancy of the best POS system for restaurant. Restaurant point-of-sale systems are designed for the betterment of the restaurant industry. Thus, these systems allow restaurant owners to get the benefit of accessing useful insights and increasing operations in a way that retail point-of-sale systems can’t manage.

When Warehouses Take On Manufacturing Responsibilities A Critical Look at Production in the Technology Sector
Retail & eCommerce Warehouse Management by FTx Global

FTx Global (FasTrax Warehouse, Technology Sector)

Technology companies are always on the lookout to gain a competitive edge, and as a result, there have been major developments in improving warehousing software to accommodate this growing industry need. When warehouses also manage their own engineering and manufacturing, the organization of their logistics can become complex. Luckily, new warehousing software features have emerged to help business owners stay on top of their warehouses, manufacturing facilities, and engineering plants.

In this article, we will introduce you to the latest features to look for when upgrading your warehousing software, especially if you produce hardware devices in the technology sector.

Luckily, new cloud warehouse management software features have emerged to help business owners stay on top of their warehouses, manufacturing facilities, and engineering plants.

Today, manufacturers are making a concerted effort to greatly reduce the quantities of inventory items they store in their warehouses. Warehouses, therefore, are evolving into “flow-through” or “cross-docking” facilities. This means that companies like yours could be in the throes of restructuring manufacturing-to-warehousing workflows so that your finished & packaged tech products enter one side of the warehouse, are reconfigured into shipments, and then are immediately moved out into delivery trucks on the other side of the warehouse.

High-performance warehouses have adopted this model and cross-dock 50% or more of their manufactured goods. That being said, no matter how fast the flow-through becomes, warehouses will continue to be used for storage. Though the tech devices that you produce can be “made-to-order”, which would reduce taking up warehouse space, it isn’t possible to fully avoid storing inventory altogether. Warehousing will still be required for the foreseeable future, and the most successful technology manufacturers have made the necessary adjustments in their warehouses to meet the reduced need for space and the increased complexity of order-fulfillment turnarounds.

Have you made the necessary adjustments, too? And if so, does your warehouse inventory software have the depth and functionality to reflect this new, streamlined, and fast workflow?

Bear in mind that even if you have made the necessary adjustments, you will still need your warehouses to provide supply-chain flexibility. In other words, you must have a “shock absorber” in place. What specific “shocks” will your warehouse need to absorb? The first occurs when customers request product modifications after your facility has already built and fulfilled their tech device orders. This could clog up the workflow and storage system of your warehouse. Secondly, the business relationships you maintain regarding your manufacturing could fluctuate. Your contract to purchase ferrite from China, for example, could expire, freeing you up to purchase the same metal from another supplier. This relocation and shift in supply-chain activities more often than not falls on the warehouse personnel to track and manage. You are going to need your warehouse inventory software to be able to record every exception to every rule, no matter how much your supply chains are shaken up.

The lines between manufacturing and warehousing have blurred within the technology production industry. This blur has impacted warehouse employees the most in that they now face serious challenges, including:

  • Pressure to decrease manufacturing & warehousing costs
  • Greater corporate & customer expectations for accuracy
  • Ongoing efforts to reduce warehoused inventory by means of issuing postponement programs, consolidating warehouse facilities, and focusing on cross-docking programs
  • Strategies to streamline workflow and minimize inventory
  • Accommodating electronic & online orders with same-day shipping
  • The need to perform light manufacturing in order to prevent technology goods from being sent back to the manufacturing plant

 

Your company will have to upgrade its warehousing & inventory software in order to meet these new challenges and evolve into full-blown distribution centers that are equipped to predict and record inventory movement as efficiently as possible.

In 2021, the software you use at your warehouse needs to be fully-customizable, because nowadays warehouses are no longer limited to storing inventory, as we’ve highlighted in this article so far. If your company has gone beyond warehousing, and also doubles-up as a kitting and assembly hub, then the software used at your facility must be able to reflect your real-life workflow.

With customized warehousing in place as an aspect of your technology product manufacturing plant, you will be able to significantly speed up your assembly and delivery processes, while maintaining your core engineering and manufacturing autonomously. Be wise and go with inventory software that comes with warehouse automation and operations such as picking, barcode labeling, and other technology-infused features that reduce human error and speed up order-fulfillment times.

Does your manufacturing company offer end-to-end product services such as prototyping, patenting, designing, engineering, crowdfunding, and marketing? Your software needs to be able to handle every facet of your business.

Your manufacturing factory and warehousing facilities might also offer the full gambit of products and services to your customers including sourcing, inspecting, assembling, and checking quality control, which means that you need comprehensive functionality from your warehouse inventory software. Your customers go to you because you are an industry leader in prototyping and engineering technology equipment and devices, so why not use the best inventory software solution on the market today to take care of all of your operational needs?

If you own a technology product manufacturing company that offers end-to-end technology development for consumer devices that include Internet-of-Things products, Smart Devices, and Tech Wearables, then FasTrax Warehouse Inventory Software was built to accommodate your complex business and offer accurate, comprehensive reporting that will help you make faster, wiser project decisions.

FasTrax Warehouse gives you complete control of your inventory, no matter how many warehouse locations you have. Price lists can be assigned to account groups to simplify your invoicing and accounting. Daily snapshots are taken of your inventory, allowing you to run reports on your own schedule. And using our proprietary software allows you to view item quantities that are available at any given time, both on-hand and already-ordered with your vendors.

Let FasTrax Warehouse handle the heavy lifting of your inventory management! Click here to learn how FasTrax Warehouse can accurately track your technology devices & equipment inventory, and automate your daily distribution warehouse operations.

Learn more about FTx Global and what our services can do for you by visiting our website.

Best Inventory Software for Beer Distributors
Retail & eCommerce Warehouse Management by FTx Global

FTx Global (FasTrax Warehouse, Alcohol Industry)

At a basic level, managing your beer distribution operations can either be effective or insufficient. Effective distribution management will result in business growth, but becoming effective might be trickier than it sounds. Ask yourself, are any of the following common pitfalls familiar?

  • Your retail inventory management software, or IMS, is restricted due to multiple data points instead of a single source of inventory information. You can’t even answer a customer’s question or set accurate reorder points because you can’t see the big inventory picture on one screen.
  • Your warehouse management software, or WMS, is a contributing enabler of your warehouse workers taking too long to pack inventory, pick inventory, and put away inventory.
  • You have not streamlined your warehouse layout which has resulted in customer deliveries being delayed, and your labor costs have increased because workers are scrambling to fulfill orders.
  • Your transportation management system, or TMS, is either literally or essentially non-existent, and this has resulted in your inability to access real-time information about carrier rates or choose the most optimal trucking route to lower shipping costs without delaying orders and deliverables.
  • Your WMS and TMS have never been integrated, or if they have, the concomitant result is piecemeal nonsense that you rarely look at.

 

FTx Warehouse Management System Software

If you answered “yes” to even one of these pitfalls, then your entire warehouse management is subprime. When it comes to retail warehouse inventory management and the workflow of your entire beer distribution facility, you probably already know that one weak link can compromise the entire chain. If you answered “yes” to all of those pitfalls, then you know you have a serious problem on your hands, one which could cost you big bucks in the long run.

An excellent distribution management strategy generates value across the beer distributor’s entire supply chain. It empowers you to monitor your distribution efforts. As you gather data about how well your beer brands are moving from your warehouse to the retailers who are your customers, you can leverage and take action on that data. Most importantly, when effective retail inventory management software is in place at your distribution center, you will easily spot operational bottlenecks, identify weak workflows, and be able to easily improve inefficient processes that slow your workers down and drain your finances.

What is the fastest way to eliminate those problems and get on the fast track to success? You need to implement warehouse inventory software at your facility that exercises an empowering distribution management strategy; one which allows you to view the entirety of your beer distribution business, no matter how many warehouse locations you have, at the click of a button and on a single screen.

When it comes to selecting the best warehouse inventory software for your company, be sure to choose one that was designed with the warehousing and distribution center in mind. It should provide specific, measurable, and immediate benefits to your business. The software should also provide the following shortcuts:

  • Successfully fulfill customer orders
  • Consistently deliver customer value
  • Quickly adapt to market changes
  • Rapidly respond to potential disruptions
  • Boost the bottom line

 

FasTrax Warehouse gives you complete control over your beer inventory, no matter how many warehouse locations you have. Price lists can be assigned to customers and customer account groups for faster accounting. Daily snapshots are taken of your inventory, allowing you to run reports on your own schedule. And using our proprietary software allows you to view on-hand item quantities at a glance.

FasTrax Warehouse can also:

  • Assign price lists to account groups that easily correlate with customer accounts
  • Our Price Lists software supports tax and margin percentage pricing to help you clearly assess your bottom line. You can add and discount base prices by percentage or dollar, you remain in control
  • Location-picking features come with up to 10 location levels for items. Our pick sheets and handheld wireless devices allow your staff to quickly pick orders and eliminate unnecessary trips around the warehouse floor
  • Our software solution comes with EDI support so that you’re never alone navigating the collection and routing of electronic transactions

 

Let FasTrax Warehouse handle the heavy lifting of your inventory management! Click here to discover how FasTrax Warehouse can accurately track your beer inventory and automate your daily distribution warehouse operations.

Learn more about FTx Global and what our services can do for you by visiting our website.

how to choose the right inventory software for your warehouse
Retail & eCommerce Warehouse Management by FTx Global

FTx Global (FasTrax Warehouse, Inventory)

Warehouse technologies have been rapidly evolving. Speeding up efficiency, diversifying operations, and offering lightning-fast fulfillment times are imperative if a company wants to maintain a competitive edge, attract and retain customers, and make the most of their employees’ time.

Investing in automation is a necessary aspect of upgrading your warehouse workflow. Companies can also get a stronger handle on their supply chain management if they employ a warehouse management system with comprehensive inventory control, but if you didn’t know that, you wouldn’t be here. So, let’s dive into the characteristics of the right warehouse inventory software for you!

We’re going to keep things simple and give you three rules to live by while running your warehouse. If your warehouse inventory software doesn’t support these rules, then you might need to upgrade your technology and purchase a solution that does.

Don’t let short shipment holds bog down the entire warehouse
Inventory inaccuracies start when the quantity of an item received is less than what was ordered. In the industry, we call this “short-shipped” because the receivables were “short” of the quantity expected. Experienced warehouse managers know that late-arriving packages are usually the cause of this kind of discrepancy pileup. When short-shipped orders happen, they can create an inventory freeze and warehouse workflow bottleneck, and truncate the whole warehouse’s ability to fulfill other orders.

With a detailed, real-time, and comprehensive warehouse inventory software system in place at your company, discrepancies will be caught upon arrival, reconciled faster, and rather than freeze your warehouse’s entire inventory, your fulfillment systems can still move forward with orders that aren’t associated with the SKU items in question.

Normalize adjustment codes across inventory pools
No matter what size your company currently is, whether it occupies one warehouse location or several, it will gradually grow over time. When companies use different warehouses in various locations—even across several states—the inventory tracking becomes exponentially more complex. Each warehouse location has its own inventory pool to track, yet as the company owner, you need to know what the total inventory is any time you choose.

The answer to this challenge includes using intuitive inventory software that normalizes inventory codes across all warehouses as part of your overall maintenance routine. Normalizing
codes provides a better idea of the items that are potentially available and helps forecast when an order can be fulfilled.

Connected inventory-adjustment system
Be sure to pick warehouse inventory software that includes a straightforward, centralized management tool so that you can identify shipment holds and sync inventory adjustment codes. You need to be able to easily and efficiently manage any changes therein. This is the most important way to improve short-shipped rates. Be certain that all of your warehouse databases and other inventory processing systems are connected and working in tandem to highlight inventory discrepancies and stop issues before they start.

By this point, you’re probably convinced of the importance of all of the features we’ve gone over, but do you know which software to choose?

FasTrax Warehouse gives you complete control of your inventory, no matter how many warehouse locations you have. Price lists are assigned to account groups to easily assign them to customer accounts. Daily snapshots are taken of your inventory, allowing you to run reports on your own schedule. And using our proprietary software allows you to see at a glance the quantity available on order and on hand for any item.

FasTrax Warehouse

  • Assign price lists to account groups and easily correlate them to customer accounts
  • Our Price Lists software supports tax and margin percentage pricing to help you see your bottom line clearly. You can add and discount base prices by percentage or dollar; you remain in control
  • Location picking comes with up to 10 location levels per item. Our pick sheets and handheld wireless devices allow you to efficiently pick orders and eliminate unnecessary trips around the warehouse floor
  • Our software solution comes with EDI support so that you’re never alone navigating the collection and routing of electronic transactions

 

Let FasTrax Warehouse handle the heavy lifting of your inventory management! Click here to learn how FasTrax Warehouse can accurately track your inventory and automate your daily warehouse operations.

Discover all of the services that FTx Global offers and partner with us today.