The Latest Way to Get Ahead of Your Competitors
You do everything you can to make your restaurant run smoothly. You use analytics to ensure you have enough of the right types of food for your customers’ eating patterns, you have made your transportation and delivery logistics quick and efficient, and you have been following the latest trends in the food industry. But is it enough? The short answer is no. Not only do you have to compete with other restaurants and stores, but now there’s a new kid on the block: subscription services. MealPal, for example, is a subscription lunch service that lets 9-to-5ers pick up lunch from local restaurants for less than $6. Not only is it cheaper than going out for lunch every day (because who really can sustain packing their lunch?) but they have adopted a “Tinder for food” function to help customers decide what they want to eat. Whether you decide to join MealPal or one of the many other subscription options, this is the latest way to get ahead of your competitors and make your business stand out. Better start taking some food selfies so your customers swipe right!
Move over George Jetson, the Future is Here
We’ve been dreaming about flying cars, drones and self-driving cars ever since “The Jetsons” captured our imaginations. And now this technological future is finally here — well, almost. Tesla, Google, Uber, Yara and many other major transportation companies are competing to be the first to revolutionize mobility, transportation, delivery and the supply chain with self-driving cars, trucks and even ships. Scandinavian company Yara is hoping to be the “Tesla of the Seas” with autonomous cargo ships that will be able to move around other ships and dock themselves. They also aim to cut fuel and labor costs as well as emissions from trucks and other supply chain vehicles, explains Supply Chain Digest. More locally, we’ve all heard about the battles between Google and Uber over self-driving cars and the possibilities for their use in the future. While we may not be flying around like George Jetson just yet, autonomous vehicles of all kinds are in sight — so you better get your supply chain ready for the change.
Tip Pooling: To Be or Not to Be
Tip pooling, or the collection of tips to be shared between wait staff and the back of the house, has always been controversial. Is it fair to pay your wait staff less in their hourly wages as long as they make it up in their tips? Should the entire restaurant be included in the tipping policy? The Obama administration and the Department of Labor made this issue even more complicated by changing the rules to forbid tip pooling. Since 2010, the National Restaurant Association has been litigating to have this rule reversed, and it looks like they have finally succeeded, reports Nation’s Restaurant News. But don’t change your internal policies just yet! The rule isn’t completely in place and still may head over to the Supreme Court for a final decision. It still remains to be seen for sure if tip pooling is to be or not to be.
Amazon’s Acquisition of Whole Foods Could Change Everything
Amazon’s CEO Jeff Bezos is on a roll. Not only was he declared the world’s richest person (surpassing Bill Gates) but he also bought Whole Foods for $13.7 billion. Grocery stores, online retailers, restaurants and supply chain managers everywhere are wondering what this could mean for them. The combination of the two giants seems to signal the future of the Internet of Things and advanced technology when it comes to ordering and delivering healthy, natural and organic food. In the near future, your restaurants could stock up on must-need supplies with the touch of a single button or with the call of “Alexa, order more (insert item here).” You also could have easy access to trendy and healthy foods without having to pay the outrageous prices Whole Foods has been known for. And, as Supply Chain Matters explains, the better experience customers have, the more sales you make and the more money that comes in, giving you the opportunity to do more in your supply chain. Plus, the acquisition shows that the healthy and organic food trend is not going away anytime soon, so you better hop on board before you get left in the past.