Food and Beverage Management: Business Plan and Operational Management
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This report covers the business plan and operational management of Dine Divine Restaurant UK, including industry aims, competitors, customer trends, food production methods, service and quality, pricing techniques, sales promotion, planning and operations management, and current legislations of the food and beverages industry.
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Food and beverages management
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Executive summary The business of the restaurant and the hotel is one of the important and emerging business of the market which has reflects heavy growth in the industry. There are many challenges and problems has to faced by the organisation if they want to earn the revenue in the organisation. Thereare many factors are present which the management has to provide effective and valuable growth in the market. there are various factors like human resource function such as hiring and provide training to employees helps business attain determined goals and objectives. Managers of organisationconcentratesonprovidingbetterqualityexperiencetocustomersthrough maintaining their loyalty and high service standards.
Contents INTRODUCTION...........................................................................................................................3 TASK...............................................................................................................................................3 Business plan with.......................................................................................................................3 Design of your new food and beverage management system incorporating...............................5 Planning and operational management issues including.............................................................7 Current legislation awareness......................................................................................................8 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION Foodandbeveragesmanagementisdefinedasthesegmentofhospitalityindustrythat concentrates on the operations of restaurant, resort, catering companies, hotel and various other. It includes various business activities such as ordering and inventory, planning and costing menu as well as managing budget. In this report Dine Divine Restaurant UK is taken into consideration that provides range of food and beverage products to customers Lemon coffee, soft drink, breakfast and food products. This report covers business plan that includes industry aims, competitors, customer trends as well as food production methods, service and quality, pricing techniquesandsalespromotionofbusiness.Alongwiththat,planningandoperations management and current legislations of food and beverages industry are explained in this report. Dine Divine Restaurant Uk is one of the leading restaurant of the market of UK which has operated their business in the country of UK. It has provided different types of beverages and food dished to their customers. TASK Business plan with Clear aims: Major aims and objectives of Dine Divine Restaurant UK is creating the sense of loyalty among customers through provide them range of food and beverages products to customers. Objective of restaurant industry is to provide better experience to customers as well as facilitates them enjoyable food and relaxing atmosphere with running an operation that is enough to make money. Respected restaurant treats customers in friendly manner, attend their needs promptly as well as ensure that customers get exactly what they ordered in restaurant(Bakhtiar, Ningsih, and Sari, 2021). Organisational aims is to enhance restaurant revenue and sales of restaurant through provide quality experience to customers that retain them for longer period of time. Critical evaluation of competition: Competition is defined as the contest between organisation and other businesses that are involved in providing similar products and services. competitors compete with each other with the objective of converting, retaining customers and cover higher market share and gain more revenue as well as sales. Food and beverages industry is highly competitive because various
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restaurants are providing similar products and services to customers. some areas of competition are pricing of products and services, marketing campaigns and development of new products and flavours(Capozzi, Fragasso, and Russo, 2020). Dine Divine Restaurant UK faces competition from Peacock restaurant, Eon restaurant and other that impacts overall organisational sales, revenue and market share. Respected restaurant provides quality and innovative dishes to customers and conducts marketing campaigns that differentiate restaurant form others. Product concept, development and marketing: Product conceptis defined as the detailed description of product ideas that are being describe from the perspective of customers. Dine Divine Restaurant UK take customer’s view point in the process of describing its products and services that enables restaurant to test as well as evaluate the responses of target customers regarding products and services. Respective restaurant offers various food and beverages products to customers that attract high range of customers towards restaurant and maintains restaurant differentiate image in targeted market place(Hamarneh, and Kiráľová, 2017). Managers of Dine Divine Restaurant UK concentrated on improving products quality and range over time that enhances restaurant sales and revenue. Product developmentis defined as the complete process that is started from the stage of idea generation concept to delivery and beyond. Dine Divine Restaurant UK uses proper process of product development like first of all idea generation in which restaurant generates idea for new products as per customers needs and demands that screen feasibility of product in market. After that concept of products is development and them products development stage is started. At last products are commercialise in market for sale to customers. Respective restaurant test new of innovative dished in targeted customers than add it its menu to generate higher profitability. Marketingisdefinedastheactivitythatisusedbyorganisationtopromote organisational products and services in market in order to enhance business sales and spread awareness(Kusdianto, and Siswanti, 2021). Dine Divine Restaurant UK uses both online as well as offline medium of marketing such as distributing pamphlets and conduct advertisement and promotional activities at different social media platform such as Facebook, Instagram and other that attracts larger number of customers towards restaurant. Marketing is one of the most important and valuable factor for the success of the organisation which helps to attract the customers towards them. Marketing has provide valuable and effective
returns to the company which has creates effective and valuable growth. It is very important for the management of the organisation to develop effective marketing strategies in the organisation so that the customer base of the organisation can be increase. Consumer trends Consumer trends are defined as the new behaviour, attitude, expectations and opinion of customers. In food and restaurant industry, consumer trends are regularly change that impact its performance and efficiency. Now these days, consumers demand online delivery of food and beverages products. Along with that, consumers are expected for comfortable and convenient space at restaurant, want digital technology for order food and make payment as well as hygiene in the kitchen of restaurant. Dine Divine Restaurant UK analyse all these consumer trends and consider them to provide better quality experience to consumers. Branding and theming of proposed food and beverage services and products Branding is defined as the process that is related to creating positive and strong perception of organisation and its products and services in the minds of customers. Theming is defined as the processthroughwhichrestaurantcreatedifferentiation,increasebusinesssales,enhance customer experience and create bond(Mohd Nurizan, 2017). Dine Divine Restaurant UK offers its variety of food and beverages products such as meals, drinks and desert under its own brand that make them identical to customers and differentiate them as compared to other competitors as well provide competitive advantages to restaurant. Design of your new food and beverage management system incorporating Food and beverages management system is defined as the principles and principles that controls purchasing and receiving as well as recognise the requirement of quality in food item at stages of production.Dine Divine Restaurant UK designs new food and management system that helps restaurant to attract larger number of customers and manage all operations in best possible manner. All stages of food and beverages management system are explained below: Food production methods As food production is related to the preparing food through which raw material is convert into ready-made food products. It includes various approaches that helps to prepare food items in systematic manner. Dine Divine Restaurant UK uses various methods of food production for preparing different food items. As restaurant provides variety of food and beverages to customers
that requires different process(Okumus, 2020). Restaurant uses different methods of food production such as chopping or slicing vegetables, curing food, emulsification, boiling, broiling, grilling, frying, steaming, griding and marinating, food fermentation, fermenting beer at brewing industries, fruit juice processing, gasification of soft drink, pasteurization, preserving and packaging of food products by vacuum packs. Service and quality Service and quality is defined as the measurements that how well services and products quality meet customers expectations. It is important for the organisation to maintain various aspects such as tangibles, responsiveness, assurance and empathy that provides better quality experience to customers and retain them with organisation. Dine Divine Restaurant UK ensure that outstanding services such as comfortable and convenient environment,effective ordering and payment system as well as quality food and beverage products that enhances overall experience of customers and retain them with organisation for longer period of time that provides competitive advantages to restaurant over other competitors. Menu costing and budgeting MENU Meals Fish and chips with peas6 pounds Meatballs, spaghetti and tomato soup5.5 Pounds Cheese and tomato pizza with salad5 pounds Deserts Chocolate cake2.5 pounds Ice cream3 pounds Beverages Lemon coffee4 pounds Soft drinks3 pounds Bear5 pounds
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Pricing techniques Pricing strategies are defined as the various approaches that are used by business to identify cost of their products and services and set prices accordingly. Dine Divine Restaurant UK implements various pricing techniques through considering various aspects such as current product demand, consumer behaviour, market conditions and cost of overall production. Some pricing techniques are explained below: Penetration pricing: It is very difficult for new business to enter in new market and capture market share. Dine Divine Restaurant UK uses penetration pricing strategy in which restaurant set lower prices of products than its competitors than enhance it gradually. It helps business attract higher number of customers and improve business sales. Bundle pricing: Bundle pricing is related to selling two or more similar products together in one price. It helps Dine Divine Restaurant UK to up sell products to customers and add value to their customers(Yap, and Nadarajan, 2020). Restaurant provides fries, cold drink and other food item as a bundle. Competitive pricing: This pricing strategy is related to set prices of products according to current market rates. Dine Divine Restaurant UK decides its product pricing above or below market rate and through analysing competitors’ prices in market. Sales promotion Sales promotion is defined as the marketing strategy in which organisation conducts various promotional campaigns and provide offers to customers for the purpose of enhancing demandandinterestofcustomersinorganisationalproductsandservices.DineDivine Restaurant UK uses different sales promotion techniques that help restaurant to improve business sales and attract higher number of customers. These techniques are mentioned below: Provide discount: In this promotional technique, Dine Divine Restaurant UK offer its food and beverages products on lesser than listed price. It attracts customers towards restaurant and influence to purchase more products.
Coupon giveaway:It is different from the way of promoting discount. It this technique, Dine Divine Restaurant UK provides various virtual coupon to customers that push customers towards restaurant and purchase productsand services. Restaurant sent coupons to loyal customers that keep them happy. It differentiates organisational image in the minds of customers. Planning and operational management issues including Operational management is defined as the development of plans as well as strategies that facilitates organisation to gain various opportunities and meet challenges in effective manner. there are various issues are faced byDine Divine Restaurant UK in its planning and operations management process that impact on its overall performance and efficiency. These issues are explained below: Service sequence DineDivineRestaurantUKfacestheissuesrelatedtoservicesequencebecause restaurant is not able to efficient and systematic services to customers that impacts overall image of restaurant in the minds of customers. It can be raised due to insufficient employees, lack of planning and coordination and management of operations. It is important for restaurant to provide proper services to customers and develop effective planning that enhances restaurant’s market share and customer base. Training There is no systematic and proper structure of provide training to employees and staff members that impacts their performance.Untrained and unskilled employees are not able to provide better services to customers and understand their needs and requirements(Zafar, Frese, and Mills, 2021).Dine Divine Restaurant UK need to concentrate on develop planning to provide systematic training to employees that enables them to perform their operations in best possible manner and lead restaurant towards growth and development. Customer service Dine Divine Restaurant UK has to proper planning regarding how to manage customers orders and provide them better services according to their demand that create negative impact on brand value. This issue can be raised due to unskilled staff members and improper planning.
Current legislation awareness There are various legislations that need to follow byDine Divine Restaurant UK for smooth functioning of business operations. These laws are explained below: Health and safety law (1976): This legislation ensures that healthy and safe environment in maintained in business in order to protect customers and employees from uncertain conditions. Dine Divine Restaurant UK follow this law and make sure safety of employees at restaurant. Food safety act (1990):This legislation is lays down the food hygiene rules for the food and beverages organisations. It provides appropriate framework for food legislations, creates offences in relation to quality, safety and labelling.Dine Divine Restaurant UK consider this law at restaurant to maintain hygiene. Employment law:This law is related to maintaining relationship between worker, trade unions, employing entities and government. Dine Divine Restaurant UK ensure that positive work environment and suitable compensation is provides to employees so they retain with organisation for longer period of time. CONCLUSION As per above report, it can be concluded that there are various factors like human resource function such as hiring and provide training to employees helps business attain determined goals and objectives. Managers of organisation concentrates on providing better quality experience to customers through maintaining their loyalty and high service standards. It is important for restaurant to conducts promotions activities that attract larger number of customers and improve sales.
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REFERENCES Books and Journals Bakhtiar, A., Ningsih, N.R. and Sari, N.M., 2021. Impact Of Brand Image, Halal Status, And Government Certification On Purchasing Decisions For Food And Beverages.Sao Paulo,8. Capozzi, V., Fragasso, M. and Russo, P., 2020. Microbiological safety and the management of microbial resources in artisanal foods and beverages: The need for a transdisciplinary assessment to conciliate actual trends and risks avoidance.Microorganisms,8(2), p.306. Hamarneh, I. and Kiráľová, A., 2017, September. Local Food and Beverages as a Tool of DestinationMarketing.InInternationalConferenceonStrategicInnovative Marketing(pp. 83-89). Springer, Cham. Kusdianto, K.D. and Siswanti, I., 2021. THE IMPACT OF FINANCIAL LEVERAGE AND SIZEONSTOCKPRICESWITHRETURNONOWNERSEQUITYASA INTERVENINGVARIABLEANDMANAGERIALEXPERIANCESAS MODERATING VARIABLE (Case Study Food And Beverages Industry Sector).The International Journal of Accounting and Business Society,29(2). Mohd Nurizan, N.F.W., 2017. The impact of financial leverage on financial performance: Food and beverages producer's firm. Okumus, B., 2020. Food tourism research: a perspective article.Tourism Review,76(1), pp.38- 42. Yap, B.S. andSR Nadarajan,S., 2020.Factorsaffectingproductivityandstrategiesfor improvement: a case study on food and beverages manufacturer. InSymposium on TechnologyManagementandLogistics(STMLGoGreen)2019:Operations Management, Volume 2(Vol. 2, No. 37, pp. 132-136). Universiti Utara Malaysia. Zafar, M.I., Frese, M. and Mills, K.E., 2021. Chronic fructose substitution for glucose or sucrose in food or beverages and metabolic outcomes: an updated systematic review and meta- analysis.Frontiers in Nutrition,8.