Company Research Report: Supy

Company Overview

• Name: Supy

• Mission: To help F&B operators reduce their costs and maximize their profits through data-driven restaurant inventory management solutions.

• Founded: 2021

• Founders: No information is available

• Key People:

• Ibrahim B., involved in building Supy

• Furqan Saeed, Strategic Finance

• Giridhari Bhattacharyya, Onboarding Team Lead

• Anthony Mouallem, Product Manager

• Headquarters: Dubai, UAE

• Number of Employees: 51-200 employees

• Revenue: No information is available

• Known For: Best-in-class software for back-of-house and restaurant inventory management technology.

Products

Supy offers a suite of interconnected modules designed to enhance the efficiency and profitability of multi-branch restaurants:

1. Inventory Management:

• Description: An intelligent inventory management system designed to reduce variance by 80%.

• Key Features: Real-time tracking, variance reduction, automation.

2. Procurement:

• Description: Data-driven purchasing to reduce food costs.

• Key Features: Smart purchasing, cost reduction, integration with accounting software.

3. Invoices & Settlements:

• Description: Accurate recording of invoices and control of payments.

• Key Features: Accurate invoice recording, payment control, automated data fetching.

4. Menu Engineering:

• Description: Tool to create profitable, accurate, and replicable recipes.

• Key Features: Recipe management, profitability analysis, standardization.

5. Central Kitchen:

• Description: Manage internal orders within the central kitchen setup.

• Key Features: Order receiving and shipping, internal order monitoring.

6. Reports & Analytics:

• Description: Tools to identify spending patterns and cost-cutting opportunities.

• Key Features: Spending analysis, cost identification, real-time insights.

7. Professional Services:

• Description: Services designed to run efficient business operations.

• Key Features: Efficiency optimization, cost-effective solutions.

Recent Developments

New Products Launched:

1. Integrations With Accounting Vendors (Q4 2023):

• Description: Push procurement and inventory data into existing accounting software.

• Key Features: Accurate data integration, automation, sound financial decision support.

2. Auto GRN (Q3 2024):

• Description: A feature to automate the Goods Receipt Note process.

• Key Features: Automation, efficiency, accuracy.

New Partnerships:

1. With Weevi:

• Description: Integration with Weevi's online ordering solution.

• Impact: Enhances customer experiences, increases direct orders, and reduces operational costs.

2. With Pocket Trainer App:

• Description: Workforce solutions for the F&B industry.

• Impact: Improved onboarding, increased average check, reduced staff turnover.

Other Developments:

• Recognition among digital pioneers in the F&B industry by Caterer Middle East.

• Partnership announcements and success stories such as collaboration with Grit Hospitality and insights on effective back-end process optimization.

New Features:

• Enhancements to streamline operations and improve accuracy.

• Development of consulting partner programs to recommend state-of-the-art restaurant inventory management solutions.

• Continuous improvement and feature additions based on user feedback and market trends.

Customer Success Stories

• Grit Hospitality:

• Impact: Increased bottom line by 11% through digitized tasks, actionable insights, and streamlined operations.

• Testimonial: "Supy increased our bottom line by digitizing our tasks, providing actionable insights, and streamlining our operations across all brands under management." – Riad Abou Lteif, Partner

External Insights

Publications and Resources:

• Blog posts discussing the impact of efficient inventory management on business growth.

• E-books and webinars covering best practices, industry insights, and detailed case studies.

• Podcasts (Supy Talks Podcast) featuring industry leaders' thoughts, stories, and perspectives.

Social Media Presence:

• Active engagement on social platforms like LinkedIn, showcasing updates, customer stories, and partnership announcements.

Market Position:

• Compared against competitors like Apic Base, Cooking The Books, MarketMan, Material Control, Restoke, Toast, and Restaurant365, highlighting superior features and usability.

Contact Information

• Customer Support: Accessible through the app.

• Sales Contacts:

• KSA: +966 54 803 6906

• UAE: +971 4 270 6914

• AUS: +61 2 8311 1034

• USA: +1 929 388 0284

• Email: info@supy.io

• Social Media:

• Facebook

• Instagram

• YouTube

• LinkedIn

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This structured, information-dense, professional report provides a comprehensive overview of Supy, highlighting key aspects of its business operations, products, recent developments, and market presence.