Centricity is an exclusive membership-based lifestyle and work platform under Hongkong Land targeting Grade A office tenants in Central offering a wide range of high-standard facilities and service, from full-day restaurant, event space to flexible office solutions and more. Leveraging its prime location at Central, Centricity targets high-end business clients and aims to transform its traditional restaurant inventory management from extensive manual operations to digital workflows. Attracted by the system’s industry-specific features and analytics capability, Centricity has chosen FOODIVAL as its partner to manage their day-to-day operations from daily purchasing to stock taking and inventory management in a more cost-effective and flexible manner, aligning with the brand’s “Experience First” development strategy.
Located in the prime location in the Central District with high rent and high customer expectation, Centricity offers dining experience and services with international standards. However, it still relies heavily on traditional and manual workflows in its daily purchasing and stock management, which makes it difficult to support its diverse operational and business needs. In addition to manual workflows, Centricity’s inflexible system configuration and limited reporting capabilities can no longer support its ever-changing operational needs, especially for special occasions like banquets and special events. With its current workflows, the team has to ingredient purchase and stock with Excel, including consolidating quotations from suppliers, comparing prices and calculating costs manually, making the entire workflows error prone and time consuming. The high reliance on manual processing also weakens management control over inventory and cost. As the number of events and clients increases, Centricity is looking for market-leading restaurant management software with higher flexibility and cost effectiveness to effectively handle and streamline purchase-related tasks, such as ordering, price comparing and reporting, in a fully digital way to support business growth and precise cost control.
Working alongside Centricity, FOODIVAL drives digitalisation in inventory management through the following key areas:
When a restaurant or event team submits a purchase requisition (PR) via FOODIVAL, our system can automatically compare quotes from multiple suppliers for the same item, and select the lowest priced option. This automated feature ensures the most competitive costs while reducing cumbersome manual item-by-item pricing comparisons. Also, our system allows users to manually select suppliers based on different scenarios and operational needs, balancing both automation and flexibility in a single platform.
FOODIVAL supports “one product, one item code” approach for easier operations. Users can simply create one item code for each ingredient and apply it to multiple suppliers and our system will record prices and terms of each supplier, making it easy to compare and track price trends while standardising purchasing workflows.
FOODIVAL includes over 50 built-in reports that helps management to quickly grasp food costs, supplier proportions and price trends for each brand and outlet easily.
FOODIVAL makes inventory management more traceable and compliant by recording complete purchasing and approval records. This helps reduce the risks associated with traditional communication channels such as verbal discussion, phone calls or text messages.
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 management.
