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September 26, 2024

Listo's Latest Capability: Streamlining Warehouse Efficiency & Inventory Management

The fast-paced world of hospitality, especially within high-volume venues like stadiums and arenas, grapples with a persistent hurdle: efficient restocking of food and beverage (F&B) items in guest-facing concession stands and food service areas. Listo, a trailblazer in hospitality communication and task management technology, introduces a game-changing feature designed to overcome this challenge, streamlining inventory replenishment requests in real-time and transforming inventory management across the industry.

The Catalyst: A Stadium's Challenge Highlights Industry-Wide Need

The spark for this innovation originated from a real-world challenge faced by a major league baseball stadium hosting over 100 events a year. The process to restock their concession stands and F&B service areas was hampered by outdated methods, heavily relying on landline phones for communication. This resulted in a cascade of issues:

  • Inventory Leakage: Warehouse managers struggled to maintain accurate order tracking, leading to unfulfilled requests and wasted inventory.
  • Communication Breakdowns: Concession stands frequently experienced frustration due to a lack of confirmation or updates on their restock requests.
  • Data Blind Spots: The absence of a tracking system prevented operators from gaining insights into F&B needs and optimizing processes.

Listo's Solution: A Collaborative Effort to Deliver Industry-Wide Benefits

In partnership with this venue and one of the largest privately-owned hospitality and entertainment companies in the world, Listo developed a feature to address this pain point for the demanding and dynamic nature of hospitality venues, focusing on how to provide concession stands and F&B service areas the following capability and workflow:

  • Operator Setup: Venue operators effortlessly configure restock-enabled locations within the Listo portal.
  • Customizable Inventory Lists: Each location can have a tailored inventory list, or share a common one among other concession/food service areas, to make restock/replenishment requests.
  • QR Code Ordering: Staff simply scan location-specific QR codes to instantly submit restock requests, eliminating phone calls and manual order taking.
  • Warehouse Management: Warehouse managers gain a centralized view of all incoming requests, allowing them to track progress, assign warehouse pickers and runners to a request, and ensure timely fulfillment.
  • Real-Time Updates: Requesters receive notifications on the status of their orders, minimizing uncertainty and enhancing communication.
  • Data-Driven Insights: Listo's platform captures restock request data, furnishing operators with valuable insights to pinpoint bottlenecks, optimize processes, and track staff performance.

Benefits Extend Beyond the Ballpark: Empowering Hospitality at Large

Listo's restock feature, born from the challenges faced by an MLB stadium, offers transformative benefits to hospitality operators across the board, including stadiums, arenas, hotels, and more by:

  • Improving Communication: Streamlined communication lessens friction and frustration, fostering collaboration between concession stands and warehouse teams.
  • Enhancing Operations: Data-driven insights enable operators to make informed decisions, optimize inventory management, and elevate overall efficiency.
  • Optimizing Cost Considerations and Revenue: By minimizing inventory waste and ensuring timely restocking, venues can cut costs and maximize revenue potential.

Conclusion

Listo's latest feature, developed in collaboration with this world class sports venue to address a common industry challenge, has revolutionized F&B inventory management for hospitality venues of all sizes. By simplifying the restock process and delivering actionable data, Listo empowers operators to focus on what matters most: creating exceptional guest experiences.

Ready to transform your F&B operations? Contact Listo today to learn how our restock feature can enhance your venue.