Foodival Malaysia-F&B Procurement & Cost Control

In the fast-paced world of the restaurant industry, every detail matters—especially when it comes to managing food costs. If you’re still relying on manual calculations to determine your food costs, you might think you’re playing it safe. However, this outdated approach can lead to significant inaccuracies, inefficiencies, and ultimately, lost profits. As ingredient prices fluctuate and market conditions change, it’s crucial to adopt a more streamlined and effective solution. In this blog post, we’ll explore the pitfalls of manual food cost calculations and how modern food cost software, FOODIVAL, can transform your restaurant’s financial health. Read full text: https://www.foodival.com.my/post/calculating-food-costs-manually-might-hurt-your-restaurant-why-it-s-time-for-an-upgrade

Calculating Food Costs Manually Might Hurt your Restaurant: Why It’s Time for an Upgrade In the fast-paced world of the restaurant industry, every detail matters—especially when it comes to managing food costs. If you’re still relying on manual calculations to determine your food costs, you might think you’re playing it safe. However, this outdated approach can lead to significant...

FOODIVAL Invites You to "DON'T Let Unregulated Ingredient Usage Chip Away at Your Profits" Workshop

If you're part of the vibrant F&B industry—whether you run a cafe, restaurant, steamboat, BBQ, kopitiam, fast food, or bakery—this workshop is designed just for you! We guarantee you’ll walk away with actionable benefits that can transform your operations.

Here's a sneak peek of what you can expect:

🍽️ Lower down & control recipe costs & waste
🛒 Consolidate purchasing with a single platform
📊Cross-departmental communications
💰 Manage accounts payable & integrate restaurant accounting systems

The event is free to attend, but space is limited. Reserve your spot today and take the first step toward unlocking a new level of efficiency, profitability, and success for your business.

Scan the QR code or click the link below to register now and secure your spot! https://forms.gle/Emx2uzhpMbNU1JFX8

To read more: https://www.foodival.com.my/events

We look forward to seeing you there!

As a business owner, one of your primary goals is to maximize profitability. While increasing sales is often the first strategy that comes to mind, savvy entrepreneurs know that reducing costs can be just as impactful, if not more so. In this blog post, we'll explore a range of proven methods to lower your cost of goods sold (COGS) and unlock greater financial success for your business. Read full text: https://www.foodival.com.my/post/unlocking-profitability-strategies-to-lower-your-cost-of-goods-sold

Unlocking Profitability: Strategies to Lower Your Cost of Goods Sold As a business owner, one of your primary goals is to maximize profitability. While increasing sales is often the first strategy that comes to mind, savvy entrepreneurs know that reducing costs can be just as impactful, if not more so. In this blog post, we'll explore a range of proven methods to low...

As a small business owner in the food industry, managing your inventory can be a constant challenge. Ensuring you have the right products in stock to meet customer demand, while avoiding costly overstocking, is crucial for maintaining profitability and efficiency. Fortunately, there are several best practices you can implement to optimize your inventory management and streamline your operations. Read full text: https://wix.to/bdNckvq
https://www.foodival.com.my/post/small-f-b-biz-inventory-woes-foodival-shares-transformative-management-techniques

Small F&B Biz Inventory Woes? FOODIVAL Shares Transformative Management Techniques As a small business owner in the food industry, managing your inventory can be a constant challenge. Ensuring you have the right products in stock to meet customer demand, while avoiding costly overstocking, is crucial for maintaining profitability and efficiency. Fortunately, there are several best...

FOODIVAL Participated in MIFB For the First Time! 🎉

The recent Malaysia International Food & Beverage Trade Show (MIFB) brought together stakeholders from across the industry to explore and connect new business opportunities. As a leading F&B business event in Malaysia, MIFB provided FOODIVAL an ideal opportunity to directly engage with food and beverage operators. This event marked a significant breakthrough for FOODIVAL as it was the first time FOODIVAL ventured into overseas markets beyond its domestic presence in Hong Kong. F&B operators in Malaysia often need to manage businesses across the country’s vast territories. FOODIVAL can help tackle various operational challenges encountered in cross-regional management, fostering a sustainable business development.

VGather x FOODIVAL x Storellet First Seminar for F&B Industry was a Great Success!

Last Friday (June 28), FOODIVAL held a seminar to advocate digitalization in the F&B industry in collaboration with VGather - F&B Management Platform and Storellet - Membership Management System for the first time. The event primarily targeted F&B industry clients, aiming to share with the industry how to inject new energy into their traditional operational flows with systems and automation. The seminar helped the participants to understand how digitalization can help streamline both frontend and backend workflows as well as to improve operational efficiency. Moreover, with proper systems, restaurants can not only enhance marketing effectiveness, but also strengthen cost control ability which is beneficial for increasing revenue and reduce expenses in the long run. Read full text: https://www.foodival.com.my/post/vgather-x-foodival-x-storellet-first-seminar-for-f-b-industry-was-a-great-success

VGather x FOODIVAL x Storellet First Seminar for F&B Industry was a Great Success! Last Friday (June 28), FOODIVAL held a seminar to advocate digitalization in the F&B industry in collaboration with VGather - F&B Management Platform and Storellet - Membership Management System for the first time. The event primarily targeted F&B industry clients, aiming to share with the industry....

2 DAYS AWAY! 🎉
FOODIVAL will be exhibiting at the Malaysian International Food and Beverage Trade fair (MIFB), 17–19 July 2024 at Kuala Lumpur Convention Centre (KLCC), Malaysia.

COOL TREAT ALERT! Please stop by Booth #2706 in the Hall 2, Level G to get in on the action and see why FOODIVAL is the best at what we do: Helping restaurants save time, increase profits, and decrease waste.

See you soon!

FOODIVAL is well aware of the complexity and diversity of procurement management in the Food & Beverage (F&B) industry. Different types of restaurants may adopt different procurement models, such as direct procurement by restaurants, central procurement, or even a hybrid model, to meet daily operational needs. As such, it is vital for the F&B industry to take the comprehensiveness of a procurement system into account when considering digital transformation. If the system is not comprehensive enough to meet a restaurant’s needs, there is a high chance that employees will be less willing to learn and use the new system which may cause them to revert to the old and familiar way of manual working, or even leave the system idle, ultimately wasting resources invested in digitalization. Read full text: https://www.foodival.com.my/post/【chapter-three】a-complete-guide-for-foodival-central-procurement-made-easy

【Chapter THREE】A Complete Guide For FOODIVAL: Central Procurement Made Easy! FOODIVAL is well aware of the complexity and diversity of procurement management in the Food & Beverage (F&B) industry. Different types of restaurants may adopt different procurement models, such as direct procurement by restaurants, central procurement, or even a hybrid model, to meet daily operati...

For the first time, FOODIVAL teamed up with the VGather catering platform and Storellet membership system to hold the "Winning Formula for the Catering Industry: Digital Innovation Leads the Future" symposium on Friday (June 28). This event is mainly aimed at customers in the catering industry. It aims to share with the industry how to innovate the old operating model of restaurants through digital transformation, systematically simplify the complex work processes from the restaurant outlet to the procurement office, improve daily work efficiency, improve marketing effectiveness and strengthen cost control, help all F&B Businesses increase revenue and reduce expenditure!

🍽️ Attention F&B Enthusiasts! 🍽️

The wait is over! 🎉 We're thrilled to announce that the food procurement and cost control solution, Foodival, will be the star attraction at the upcoming Malaysian International Food & Beverage Trade Fair 2024.

Mark your calendars for July 17-19, 2024 and join us at the Kuala Lumpur Convention Centre as we unveil our game-changing innovations.

Experience the future of food operations at our captivating booth:
🔸 Discover Foodival: The Ultimate Cloud-Based Solution
🔸 Witness Live Demos of our powerful ecosystem
🔸 Receive FREE Business Consultations to optimize your processes
🔸 Equip yourself with solutions to tackle your toughest challenges
🔸 Get FREE F&B Documentation Materials
🔸 Exclusive Offers and Promotions for Attendees

Don't miss this chance to revolutionize your food business. We can't wait to welcome you and transform your culinary journey.

See you at the fair! 🍴

In the competitive world of the restaurant industry, the ability to consistently source high-quality ingredients at favorable prices can be the difference between success and failure. Food procurement is the process of sourcing and purchasing ingredients. Optimizing procurement involves finding the best suppliers, negotiating favorable terms, and ensuring consistent quality. Here, we explore key strategies to enhance food procurement and how Foodival can aid in this process. Read full text: https://www.foodival.com.my/post/optimizing-food-procurement-strategies-and-tools-for-enhancing-your-restaurant-s-supply-chain

Optimizing Food Procurement: Strategies and Tools for Enhancing Your Restaurant's Supply Chain In the competitive world of the restaurant industry, the ability to consistently source high-quality ingredients at favorable prices can be the difference between success and failure. Food procurement is the process of sourcing and purchasing ingredients. Optimizing procurement involves finding the....

In the fiercely competitive restaurant industry, the ability to control food costs and optimize procurement processes is essential for maintaining profitability and operational excellence. Leveraging advanced systems like Foodival can significantly enhance these efforts. This comprehensive guide delves into the intricacies of food cost control and procurement, offering actionable insights and strategies that restaurant owners and managers can implement to achieve sustainable success. Read full text: https://www.foodival.com.my/post/mastering-food-cost-control-and-procurement-a-comprehensive-guide-for-restaurant-success

Mastering Food Cost Control and Procurement: A Comprehensive Guide for Restaurant Success In the fiercely competitive restaurant industry, the ability to control food costs and optimize procurement processes is essential for maintaining profitability and operational excellence. Leveraging advanced systems like Foodival can significantly enhance these efforts. This comprehensive guide del...

As a highly efficient procurement and inventory management system, FOODIVAL can fully meet the daily operational needs of the F&B industry. In addition to the comprehensive order management functions mentioned in Chapter 1, FOODIVAL is also equipped with a series of useful functions that can boost the efficiency of your good-receiving process, fundamentally solving the common obstacles that many restaurants may encounter in their workflows, such as unreadable hand-written amendments on the delivery documents and difficulty in tracking delivery status. With FOODIVAL, users can now handle various work related to the good-receiving process through their mobile phones or tablets anytime and anywhere on the go with ease, making their work more flexible and efficient. Read full text: https://www.foodival.com.my/post/%E3%80%90chapter-two%E3%80%91a-complete-guide-for-foodival-upgraded-functions-for-boosting-efficiency-of-your-good

【Chapter TWO】A Complete Guide For FOODIVAL: Upgraded Functions for Boosting Efficiency of Your Good-Receiving Process As a highly efficient procurement and inventory management system, FOODIVAL can fully meet the daily operational needs of the F&B industry. In addition to the comprehensive order management functions mentioned in Chapter 1, FOODIVAL is also equipped with a series of useful functions that can boost t...

Running a successful restaurant involves more than just serving delicious food; it is about understanding and managing your finances effectively. An appropriate level of business profits is always the result of solid planning, sound management, and careful decision-making. Understanding the intricate balance between revenue and expenses is crucial for achieving the desired profit margins. This blog post delves into effective strategies for managing your restaurant's revenue and expenses, the Income (Profit and Loss) Statement and budgeting, essential tools for any F&B manager. We'll also explore how Foodival F&B procurement management system can be a game-changer in this endeavor. Read full text: https://www.foodival.com.my/post/mastering-restaurant-finances-a-guide-to-p-l-statements-budgeting-and-expense-management

Mastering Restaurant Finances: A Guide to P&L Statements, Budgeting, and Expense Management Running a successful restaurant involves more than just serving delicious food; it is about understanding and managing your finances effectively. An appropriate level of business profits is always the result of solid planning, sound management, and careful decision-making. Understanding the intricat...

FOODIVAL is a procurement and management system tailored for the Food & Beverage (F&B) Industry with an aim to handle procurement orders in a centralized and digital manner, eliminating the need for error-prone manual operations and strengthening the control of food cost. Taking the major challenges faced by the F&B industry into account, FOODIVAL has developed a series of practical functions with a handy user interface catering to F&B’s daily needs and operations which further enhances user experience. In this article, we will share a series of unique features for facilitating procurement order placing, hoping to provide you with helpful references for selecting the right procurement solution for your restaurants! Read full text: https://www.foodival.com.my/post/【chapter-one】a-complete-guide-for-foodival-6-order-management-functions-revealed

【Chapter ONE】A Complete Guide for FOODIVAL: 6 Order Management Functions Revealed! FOODIVAL is a procurement and management system tailored for the Food & Beverage (F&B) Industry with an aim to handle procurement orders in a centralized and digital manner, eliminating the need for error-prone manual operations and strengthening the control of food cost. Taking the major challenges...

In F&B industry, a manager's primary responsibility is to deliver quality products and services to guests at prices that are mutually agreeable. It's essential that the quality provided ensures guests feel they have received excellent value for their money. This balance between cost and quality is crucial for a business to prosper. However, if management focuses more on reducing costs than on providing value, problems will inevitably arise. As the passage eloquently explains, the primary responsibility of F&B managers is to strike the right balance between controlling costs and delivering exceptional value to guests. This delicate equilibrium is essential for achieving sustainable profitability. Read full text: https://www.foodival.com.my/post/the-sweet-rewards-of-savvy-foodservice-management-balancing-costs-delivering-value-and-pursuing-p

The Sweet Rewards of Savvy Foodservice Management: Balancing Costs, Delivering Value, and Pursuing Profitable Growth In the F&B industry, a manager's primary responsibility is to deliver quality products and services to guests at prices that are mutually agreeable. It's essential that the quality provided ensures guests feel they have received excellent value for their money. This balance between cost and quality....

On January 24th, Foodival hosted a seminar aimed at empowering F&B businesses with effective marketing strategies and cost optimization techniques. The event featured two expert speakers who shared practical insights and valuable tips with an engaged audience, covering a range of topics to help attendees enhance their restaurant businesses. Read full text: https://www.foodival.com.my/post/foodival-business-talk-series-seminar-highlight-f-b-malaysia

FOODIVAL BUSINESS TALK SERIES SEMINAR HIGHLIGHT - F&B MALAYSIA On January 24th, Foodival hosted a seminar aimed at empowering F&B businesses with effective marketing strategies and cost optimization techniques. The event featured two expert speakers who shared practical insights and valuable tips with an engaged audience, covering a range of topics to help atte...

The integration of an efficient food procurement management system with an e-invoicing solution can revolutionize the way businesses handle their invoicing processes. In this blog post, we will delve into the benefits and advantages that a food procurement management system brings to e-invoicing, enhancing accuracy, efficiency, and overall financial management. Read full text: https://www.foodival.com.my/post/title-harnessing-the-power-of-food-procurement-management-systems-for-e-invoicing

Harnessing the Power of Food Procurement Management Systems for E-Invoicing The integration of an efficient food procurement management system with an e-invoicing solution can revolutionize the way businesses handle their invoicing processes. In this blog post, we will delve into the benefits and advantages that a food procurement management system brings to e-invoicing, en...

In the dynamic realm of foodservice management, the role of a talented individual is paramount. However, managing a foodservice facility requires more than just talent; it demands a comprehensive skill set that spans manufacturing and retailing. A successful food manager must possess a diverse skill set, encompassing menu development, guest service, sourcing raw materials, production, and sales. Read full text: https://www.foodival.com.my/post/unleashing-the-culinary-maestro-the-key-to-success-as-a-fb-manager

Unleashing the Culinary Maestro: The Key to Success as a F&B Manager In the dynamic realm of foodservice management, the role of a talented individual is paramount. However, managing a foodservice facility requires more than just talent; it demands a comprehensive skill set that spans manufacturing and retailing. A successful food manager must possess a diverse skill...