PowerBI Analytics Tools

Level Up Your Data Analytics and Enter the Smart F&B Era

To further enhance FOODIVAL’s data analytics capabilities, we have connected to a third-party intelligent analytics tool, Power BI, to synchronize operational data across multiple spectrums and support more comprehensive analysis with greater flexibility. In addition to FOODIVAL’s recorded data including purchasing, stock and recipes, the system can also integrate with FlexSystem solutions or third-party platforms, such as POS sales systems and human resource management systems, for in-depth analysis across different major operational sources. This gives management a holistic view of business performance such as overall profit, expense distribution and per-dish cost, helping them find the cost-effective strategy that best suited their business model.

Master the Key to Success with Comprehensive Understanding of Purchasing and Stock Data

By creating purchase orders (POs) and placing them with suppliers through FOODIVAL, all records can be synchronized daily to Power BI for in-depth analysis. Apart from comparing purchasing expenditures across different suppliers, products and time periods, the intelligent tool can also predict future purchasing trends based on your past records. This can serve as an essential reference for formulating more cost-effective purchasing strategies. Furthermore, we can identify discrepancies between the amounts on PO and supplier invoice, helping you quickly spot unusual activities and make timely targeted adjustments.

Dig Deeper into Dish Data for Higher Profits

By integrating POS sales data with FOODIVAL’s purchasing and recipe data, Power BI can analyse the actual profit of each dish and display the profit/sales distribution in an XY scatter plot. This in-depth analysis with clear presentation allows you to quickly identify “star products” (best sellers with highest profits and sales volume), profitable but slow-selling dishes, or even those neither profitable nor popular. Based on these insights, you are able to upgrade your menu design and refine your sales strategies, such as abandoning non-profitable items or launching various promotions to boost profitable but slow-selling dishes so as to increase profits. Also, FOODIVAL incorporates a drill-down function that allows you to further study the profit of each branch or the detailed ingredient costs of each dish. This data can serve as an important reference for you to improve recipes, purchasing and even sales strategies, achieving the most “cost-effecitve” operational model.

Track Income and Expenses Clearly for Faster and Effective Decision-Making

To enable effective monitoring and assessment of your restaurant and operational performance, FOODIVAL provides a comprehensive management dashboard empowered by Power BI for you to easily oversee everything in one go. With this dashboard, you can have a clearer view of various key indicators, including monthly ingredient profit, average daily revenue and the percentage of monthly labor costs in total expenses, easily comparing revenue, ingredient and labor costs to better understand the actual operational performance and efficiency.

Understand Business Trends to Shape What’s Next

Besides monthly performance overviews, Power BI dashboard offers diverse analytical and display perspectives to empower you to gain a comprehensive understanding of the overall business trends and development. For example, you can conduct quarterly comparisons of various operational data across different branches, including quarterly sales, labor cost ratios, overall sales trends, sales performance across different payment platforms, and sales percentages across various payment platforms. These analyses fully reflect your business trends and development potential, providing you with data-driven business insights to facilitate the development of more effective operational strategies.

All For a Price of a Daily Coffee

FOODIVAL helps you take full control and gain complete visibility of your restaurant’s daily operations, from food cost to daily supply chain and stock.