Building a Global Tech Stack for F&B Brands From a Global & Local Perspective

HomeNewsBuilding a Global Tech Stack for F&B Brands From a Global & Local Perspective
feature-image

Executive Summary

Point of Sale (POS) Systems
E-commerce and Mobile Apps
Localisation and Translation Tools

Growing a multi national restaurant brand is challenging from an operational point of view but also can cause localisation and regional headaches for your tech stack, so what do you need to look out for when eyeing opportunities for global expansion?

How does a global tech stack differ from a regional or local one? Let’s dive into the fundamental components F&B brands should consider when expanding globally and explore the nuances that set them apart.

Point of Sale (POS) Systems

Global Perspective:

Global expansion demands a POS system that can accommodate diverse payment methods, currencies, and tax regulations across various regions. Additionally, it should support multi-location management and centralised reporting, enabling comprehensive insights into global sales.

Regional/Local Perspective:

Local preferences and compliance often necessitate customisation of POS systems. Regional or local tech stacks must adapt to specific payment preferences and tax regulations, ensuring a seamless checkout experience for customers.

Inventory and Supply Chain Management

Global Perspective:

For global F&B brands, inventory and supply chain software should provide visibility across the entire supply chain, from global suppliers to international distributors. This global perspective ensures efficient sourcing and distribution.

Regional/Local Perspective:

In the context of regional or local tech stacks, supply chain processes need to adapt to meet local demands, such as sourcing from nearby suppliers or optimising distribution routes.

Customer Relationship Management (CRM)

Global Perspective:

A global CRM system is essential for managing customer data and interactions across regions. It empowers F&B brands to personalise marketing and promotions on a global scale, fostering customer loyalty.

Regional/Local Perspective:

Regional or local tech stacks require customised marketing strategies to resonate with local tastes and cultural nuances, highlighting the importance of adapting CRM practices to suit regional preferences.

E-commerce and Mobile Apps

Global Perspective:

Robust e-commerce platforms and mobile apps must be adaptable to different languages, currencies, and payment gateways for global F&B brands. They serve as the digital face of the brand and facilitate worldwide reach.

Regional/Local Perspective:

To succeed locally, F&B brands need to tailor their online experiences to local tastes and preferences, offering region-specific promotions and content through their apps and websites.

Compliance and Regulatory Tools

Global Perspective:

Expanding globally introduces F&B brands to a myriad of regulations, including food safety, labelling, and import/export requirements. Investing in compliance and regulatory tools is vital for navigating these complex waters.

Regional/Local Perspective:

Each region may have specific compliance needs, such as allergen labelling or health inspections, which must be addressed in regional or local tech stacks to ensure legal adherence.

Data Analytics and Business Intelligence

Global Perspective:

Global F&B brands benefit from advanced analytics tools that provide insights into global operations, market trends, and consumer behaviour, aiding strategic decision-making on a global scale.

Regional/Local Perspective:

Data analytics should be adapted for regional or local needs to offer region-specific insights, which can be crucial for targeted marketing and localised strategies.

Cloud Infrastructure:

Global Perspective:

A cloud-based infrastructure ensures scalability and accessibility for global F&B brands, allowing them to reach customers worldwide while maintaining optimal performance.

Regional/Local Perspective:

Regional or local tech stacks can optimise cloud resources to suit the specific requirements of each region, including data sovereignty and performance considerations.

Localisation and Translation Tools

Global Perspective:

Localisation tools help global F&B brands adapt marketing materials, menus, and content for different languages and cultures, ensuring a consistent global brand image.

Regional/Local Perspective:

Accuracy in translation and cultural sensitivity are paramount in regional or local tech stacks to effectively engage with local audiences.

Cybersecurity and Data Privacy

Global Perspective:

A strong cybersecurity posture is crucial for protecting customer data and complying with global data privacy regulations that vary from one region to another.

Regional/Local Perspective:

Regional cybersecurity threats and local privacy laws should be addressed in regional or local tech stacks to safeguard sensitive information.

In conclusion, building a tech stack for global expansion in the F&B industry is a multifaceted endeavour. A global tech stack prioritises flexibility, scalability, and international compliance. Meanwhile, regional or local tech stacks require customisation to meet specific market demands and regulatory requirements. The key to success lies in integrating these components seamlessly to create a unified, efficient, and adaptable technology infrastructure that fuels global growth for F&B brands.

Discover the restaurant management technology toolkit you need to succeed:

Get regular news updates on NFS clients and the hospitality industry: Follow us on LinkedIn

Related News

How to build a hospitality tech stack

14 March

rightarrow

5 ways to ease labour issues with Aloha restaurant POS

17 December

rightarrow

Queue Busting, 5 Ways To Elevate Your Guest Experience With Technology

13 June

rightarrow
partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo partner-logo
Copyright © 2024 NFS Restaurant Technology