Since the lock down began, businesses have been struggling. Some have already shut down and others are fast closing. Talking about the F&B (Food and Beverage) industry that employs more than 7 million people, times are harsh. Restaurants and hotels are laying off people to stay afloat. This article talks about the COVID-19 impact on the F&B industry and how ERP for the food and beverage industry can help you come out of it.
The four successive lock downs helped India keep down the number of its COVID-19 patients but has adversely affected businesses. Social distancing, the only weapon in our hands to stop the spread of the infection has given rise to numerous problems, especially for those businesses that rely on social interaction; F&B being one of them.
Restaurants are places of celebration. People come over there to celebrate birthdays, host success parties, organize stand-ups, and arrange meet-ups with friends — all of which require interacting at an arm’s length. This is the exact point where COVID-19 has hit. Scientists advise people to stay at least 6 feet away from others. It means no handshakes, no hugs, and no “pats on the back”. Thus, COVID-19 has broken the very way in which we meet and share our feelings with others.
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This is why Pre-book vouchers play an important role. These vouchers are discount coupons that your customers can buy now to pay for the restaurant bill at any time in the future. You can also set a validity date for each voucher. This will provide the required cash-flow to the restaurants and help lessen the COVID-19 impact on the F&B industry.
Pre-book vouchers are a win-win situation for both — restaurants and foodies — alike. And this is where the ERP for the Food and Beverage industry plays a big role. Apart from providing you enterprise-level services like tracking your competitors and planning smart processes, it also helps you design pre-book vouchers with attractive features.
At Sage Software, we are home to world-class ERP for the Food and Beverage industry that will help you lessen the COVID-19 impact and provide effective solutions to your specific business challenges. To know more about it, SMS SAGE to 56767. You can also write to us at firstname.lastname@example.org.
Disclaimer: All the information, views and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views or objectives of Sage Software Solutions (P) Ltd.