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New technology in beverage industry operations is popping up all the time. After all, there is a whole lot of room in the hospitality industry for innovation. From new ways of tracking wine sales to POS system integrations, there’s a lot to cover. Now, if you’d like to learn more about technology for beverage industry sectors, continue reading the remainder of this blog post!
New Technology In Beverage Industry Operations
There are five forms of new technology in beverage industry operations. You won’t believe the impact of food and beverage service industry operations that these solutions can bring to the table–literally! Learn about all five below.
1. AI for Inventory Management
AI and machine learning are being used more than ever to predict beverage demand patterns based on historical sales data, local events, and seasonal factors. This allows software providers to make recommendations based on optimal inventory levels and reduce waste, all while ensuring that bars and restaurants are always stocked with the right products, at the right times.
2. Cloud-Based POS Integrations
Modern POS systems are becoming increasingly cloud-based, offering real-time data synchronization. More importantly, they also provide seamless integration with beverage inventory management systems, such as BinWise. As a result, restaurant owners can track beverage sales and stock levels in real-time, knowing with absolute certainty that the metrics are accurate.
Want to learn more about the BinWise platform? If so, schedule a demo with us today!
3. Mobile and Tablet-Based Inventory Management
Mobile and tablet-based solutions are increasingly being used to streamline inventory management. In doing so, bar and restaurant staff can conduct real-time inventory counts, place orders, and track stock with ease. And not only can they do so while in-house, but while on the go. Besides, who doesn’t prefer the elimination of manual paperwork?
4. Blockchain for Beverage Traceability
Blockchain technology offers a secure, transparent, and immutable record of transactions. In the beverage industry, it’s currently being used more now than ever before to trace the origin of products, from vineyard to bottle and beyond. As you can imagine, this is especially useful when tracking wine varietals. However, blockchain technology is useful for all types of alcohol.
5. Integrated Online Ordering Tools
The rise of third-party delivery platforms like DoorDash, Uber Eats, and GrubHub has expanded quite a bit over the past several years. But you know what’s missing from those apps? Drink orders! In some states across the country, restaurants allow for the sale of alcoholic beverages via mobile delivery apps. With this being said, these platforms could let restaurants synchronize their beverage inventory with online ordering apps to optimize stock levels based on delivery demand.
Frequently Asked Questions About New Technology In Beverage Industry Operations
Would you like to learn more about new technology in beverage industry operations? If so, we've got just the FAQ section for you. Take a look below to gain more insight on the topic at hand.
What Is New In the Beverage Industry?
One of the newest offerings in the beverage industry is functional drinks. These beverages include drinks that incorporate added health benefits, like probiotics and adaptogens. Even CBD drinks are becoming increasingly popular in the modern food and beverage industry.
How Is Automation Improving the Beverage Industry?
Automation is streamlining production processes, enhancing efficiency, and reducing human errors throughout the beverage industry. More specifically, they serve these purposes in the bottling and packaging sectors. Robotic drink dispensers and AI-powered machines also enable quicker, more accurate service in bars and restaurants.
What Are Future Trends In Beverage Operations?
Future trends in beverage operations include:
- AI-driven forecasting
- Blockchain in supply chain management
- Streamlined inventory management
- Integrations with food companies
- Smart and automated dispensers
What Is the Most Innovative Beverage Industry Trend?
Functional beverages are one of the most innovative trends in the beverage industry, as they implement health benefits, like immune-boosting ingredients. This drink category is gaining momentum among consumers seeking beverages that support overall well-being.
How Can Data Analytics Enhance Beverage Production and Distribution?
Data analytics allows beverage producers and distributors to streamline inventory, conduct demand planning, reduce waste, and optimize sales. It also helps businesses make decisions backed by data to improve supply chain efficiency and their product lines.