Optimisation of Resources and Profitability for Gastronomic Companies: Implementation of a Logistics Management System

Alejandro Marcial Guerra-Fernández, Franklin Cordova-Buiza, Catalina Rocío Vega

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This study focused on determining guidelines for the implementation of a logistics management system that benefits the profitability of restaurant businesses. A descriptive methodology combining qualitative and quantitative approaches was used, including interviews and surveys with 22 key restaurant employees. The results reveal the success of the implemented logistics strategy, which has led to an accurate allocation of resources and a solid financial performance, reducing fixed costs and increasing long-term operating profit. In addition, the research shows that a lack of knowledge among employees about their responsibilities affects the efficiency of process execution. This highlights the importance of human capital knowledge in promoting innovation and business success. The study promotes a deeper understanding of how the composition of human capital and the management of logistics tools can positively influence labour productivity. The results provide valuable information for managers by suggesting that adjusting logistics management strategies based on human capital can improve the efficiency and quality of logistics processes, which in turn can increase profitability and competitiveness in the market. It is concluded that the implementation of quality management systems in gastronomic companies is highly beneficial, as it optimises resources, increases profitability and improves relations with customers, employees and suppliers.

Original languageEnglish
Title of host publicationTechnology
Subtitle of host publicationToward Business Sustainability - Proceedings of the International Conference on Business and Technology ICBT2023
EditorsBahaaeddin Alareeni, Allam Hamdan
Pages60-69
Number of pages10
DOIs
StatePublished - 2024
EventInternational Conference on Business and Technology, ICBT2023 - Manama, Bahrain
Duration: 7 May 20239 May 2023

Publication series

NameLecture Notes in Networks and Systems
Volume927 LNNS
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389

Conference

ConferenceInternational Conference on Business and Technology, ICBT2023
Country/TerritoryBahrain
CityManama
Period7/05/239/05/23

Keywords

  • Implementation
  • management
  • profitability
  • quality
  • service
  • standardisation
  • system

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