Biztras’s Odoo Solution – The Perfect Key for Taste Masters

Taste Masters supplies products to Emirates Flight Catering, Etihad Airport Services Catering, and various Japanese, Korean, and Chinese restaurants across the UAE and the Middle East.

Highlights

Situated in the UAE, Taste Masters supplies products to Emirates Flight Catering, Etihad Airport Services Catering, and various Japanese, Korean, and Chinese restaurants across the UAE and the Middle East. The company is planning to expand its services in major Middle Eastern countries like Saudi Arabia and has established its first franchise in Chennai, India. Despite providing years of excellent services, Taste Masters found it challenging to manage its overseas operations, online sales, and various other services.

In This Article

Challenge

Taste Masters faced several operational challenges:

  • Complex overseas operations management.
  • Inefficient online sales processes.
  • Intricate procurement cycles involving both domestic and foreign vendors.
  • Complicated financial management across multiple currencies.
  • Need for improved operational insights and financial transparency.

Solutions

Biztras implemented a customized Odoo ERP solution to address these challenges, providing Taste Masters with a comprehensive suite of tools for operations and accounting management.

1. Operations and Accounting Management:

  • Customized Reports: Provided tailored P&L and balance sheet reports compliant with UAE accounting requirements.
  • Multi-Currency Handling: Enabled the system to handle numerous currencies, daily exchange rate variations, and a variety of payment options.
  • Accurate Transaction Recording: Allowed for accurate transaction recording under proper cost centers, offering a comprehensive view of accounting performance.

2. Improved Procurement Cycle:

  • Simplified Workflow: Enabled the procurement manager to make orders, turn RFQs into confirmed POs, and handle quality inspections.
  • Transparency: Provided total transparency and allowed for monitoring authorized payments and transactions.
  • Operational Insights: Offered a vantage perspective of the purchasing procedure, providing invaluable operational insights.

3. Streamlined Sales Flow:

  • Systematic Operations: Revolutionized the sales process through various channels, making the wholesale division systematic, well-organized, and methodical.

4. Enhanced Financial Management:

  • Asset Depreciation: Included facilities for asset depreciation.
  • Journal Entry Reconciliation: Ensured journal entry reconciliation with bank accounts.
  • Invoice Modification and Warehouse Transfers: Enabled invoice modification and internal warehouse transfers.
  • Advanced Reporting: Provided valuable insights into sales and purchases through advanced reporting features, showing data sorted by items, categories, customers, salespeople, sales channels, and custom-defined periods.

Benefits

The implementation of the Odoo ERP by Biztras delivered significant benefits for Taste Masters:

Operational Efficiency: Streamlined processes across procurement, inventory, sales, and financial operations.

Customer Satisfaction: Improved customer management and service with efficient communication and transparency.

Enhanced Quality Control: Better operational efficiency and quality control, minimizing defects and managing waste effectively.

Optimized Financial Operations: Accurate financial management providing valuable insights and faster reconciliation cycles.

Improved Business Performance: Effective management of recipes, unit conversions, and customer communication, leading to better overall performance.

In This Article

Taste Masters faced several operational challenges:

  • Complex overseas operations management.
  • Inefficient online sales processes.
  • Intricate procurement cycles involving both domestic and foreign vendors.
  • Complicated financial management across multiple currencies.
  • Need for improved operational insights and financial transparency.

Biztras implemented a customized Odoo ERP solution to address these challenges, providing Taste Masters with a comprehensive suite of tools for operations and accounting management.

1. Operations and Accounting Management:

  • Customized Reports: Provided tailored P&L and balance sheet reports compliant with UAE accounting requirements.
  • Multi-Currency Handling: Enabled the system to handle numerous currencies, daily exchange rate variations, and a variety of payment options.
  • Accurate Transaction Recording: Allowed for accurate transaction recording under proper cost centers, offering a comprehensive view of accounting performance.

2. Improved Procurement Cycle:

  • Simplified Workflow: Enabled the procurement manager to make orders, turn RFQs into confirmed POs, and handle quality inspections.
  • Transparency: Provided total transparency and allowed for monitoring authorized payments and transactions.
  • Operational Insights: Offered a vantage perspective of the purchasing procedure, providing invaluable operational insights.

3. Streamlined Sales Flow:

  • Systematic Operations: Revolutionized the sales process through various channels, making the wholesale division systematic, well-organized, and methodical.

4. Enhanced Financial Management:

  • Asset Depreciation: Included facilities for asset depreciation.
  • Journal Entry Reconciliation: Ensured journal entry reconciliation with bank accounts.
  • Invoice Modification and Warehouse Transfers: Enabled invoice modification and internal warehouse transfers.
  • Advanced Reporting: Provided valuable insights into sales and purchases through advanced reporting features, showing data sorted by items, categories, customers, salespeople, sales channels, and custom-defined periods.

The implementation of the Odoo ERP by Biztras delivered significant benefits for Taste Masters:

Operational Efficiency: Streamlined processes across procurement, inventory, sales, and financial operations.

Customer Satisfaction: Improved customer management and service with efficient communication and transparency.

Enhanced Quality Control: Better operational efficiency and quality control, minimizing defects and managing waste effectively.

Optimized Financial Operations: Accurate financial management providing valuable insights and faster reconciliation cycles.

Improved Business Performance: Effective management of recipes, unit conversions, and customer communication, leading to better overall performance.

Taste Masters has effectively optimized their business processes with Odoo, from sales and procurement to accounting and warehouse management. Biztras ensured that the application of Odoo did not obstruct the unique features of Taste Masters. As a result of this application, Taste Masters was able to handle their activities effectively, showcasing the robustness and versatility of Odoo in addressing business difficulties with ease.