Innovation is coming: QSR business of Uzbekistan to undergo major changes

Published: 23 October 2018 y., Tuesday

May 15, 2018: The Cabinet of Ministers of the Republic of Uzbekistan signs the order of “Actions on managing the operation of the “Charvak” free tourist zone”. One of the terms of infrastructure development in the zone calls for inviting leading quick service restaurant (QSR) companies onto the domestic market. Opening affiliates of renowned QSR networks should have a positive effect on the economy of the region, in particular through establishing competition in the field.

The government of the Republic is to develop conditions conforming to the international requirements and standards of catering management, thus allowing for the QSR giants such as Starbucks, McDonalds and Burger King to appear on the local market.

Let us note that the introduction of global quick service restaurant chains in Uzbekistan had begun even before the Cabinet of Ministers had signed the order. The first KFC restaurants recently opened in Tashkent. According to the report of “Yum! Brands”, the KFC franchise owner, a thousand new restaurants are to be opened in Russia and CIS countries before 2020. And this is only the beginning of the expansion awaiting the Uzbekistani market.

“We welcome any sort of competition. Should it be McDonalds, KFC or Baskin Robbins, any representation of American corporations is always encouraged”, - commented the minister of foreign trade of Uzbekistan Elyor Ganiyev in a local media report. 

Embracing self-servicing

The expansion of global corporations is not the only vector of development. We live in a time when introducing modern technologies to ensure quality service becomes universal. Hence, the quick service restaurant industry is no exception. One of the key noticeable trends is the mass introduction of self-servicing systems into the infrastructure of leading companies.

The first interactive kiosks appeared in McDonalds in the US in the early 2000’s and since then the company makes active efforts to establish such systems in their foreign affiliates. The current plan envisions installing over 1 thousand kiosks each quarter in the United States alone.  The CEO of McDonalds Steve Easterbrook hopes for all 14 000 US restaurants to incorporate self-service terminals by 2020. 

Entrepreneurship benefits 

This growing interest for self-service systems is of no surprise considering the main benefits of terminals and the effects they have on business.

To begin with, introducing such devices leads to major queue reduction. The approachable and intuitive interface gives customer recommendations on meal combinations and special offers in a simple illustrative way. The system will always propose adding a sauce or a dessert in a form that is interactive and purchase inducing. The vice-president of the world’s largest self-service system developer “Diebold Nixdorf“ Devora Henderson notes that introducing self-servicing kiosks into the restaurant infrastructure results in a 15-20% average customer receipt augmentation.

Moreover, diminishing the human factor leads to significant reduction of mistakes when ordering or paying. Self-servicing kiosks are capable of accepting both types of payments: cash and card (including contactless). Terminal introduction prevents any potential errors of a cashier. As per cashless payments, integrating kiosks with EFT POS terminals makes the payment process quick and convenient – all that is left for the customer is to accept their order.

“Our experience proves that introducing self-servicing terminals has a direct effect on the company turnover. Terminals remove the intermediary in the process of taking orders and paying, significantly lowering the expanses of commercial enterprises. In case of major global companies we are talking about six-digit numbers”, - explains the Head of BS/2 Retail Sales Department Jurij Mikuckij.

BS/2 is a reputable software and hardware solutions developer in Eastern Europe, Transcaucasia and Central Asia. In 2018, BS/2 carried out a project of introducing self-service terminals into the infrastructure of McDonalds restaurants in Azerbaijan.

BS/2 Uzbekistan makes part of Penki Kontinentai company group. Since 2008, its activities include providing equipment, as well as developing and introducing workflow optimization software solutions for retail enterprises and financial institutions of Uzbekistan.

Šaltinis: Penki kontinentai
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

How Banking Self-service in Uzbekistan is changing - the Main Banking Fusion 2019 Conference Insights

The Banking Fusion 2019 conference showed that currently Uzbekistan is ready for change, to implement and use innovations in the banking industry. more »

Strategic session of the "Penki kontinentai" group of companies: exchange of experience and plans for further development

Penki Kontinentai Group employees attended the annual strategy session held in Vilnius from January 22nd to 26th, 2024. more »

ASHBURN International and Rietumu Bank will collaborate to improve acquiring services in the Baltics and EU

This collaboration represents a significant advance in payment services in the European Union. more »

BS/2 has received awards from Diebold Nixdorf for outstanding collaboration results

The BS/2 delegation attended the annual Banking Partner Summit organized by Diebold Nixdorf in Indonesia. more »

BS/2 Makes a Ukrainian Girl's Dream Come True

For the first time, the Lithuanian national cheerleading team achieved podium placements at the European Cheerleading Championship. more »

Ashburn International Readies to Launch Two New Products on The Polish Payments Market

As a result of attending the XI Cashless Congress in Warsaw, several agreements were reached with Polish cashless payment operators concerning ASHBURN International's products. more »

BS/2 and Modern Expo plan to increase the supply the innovative retail equipment to the Baltic States

Together with BS/2, the Ukrainian supplier plans to expand its presence in the Baltic. more »

Penki kontinentai group participates in DUOday for the third year

The Penki kontinentai group of companies has joined the initiative of the social employment agency SOPA DUOday" for the third year in a row. more »

BS/2 representatives took part in the Lithuanian-Azerbaijani business forum

On May 22, a Lithuanian-Azerbaijani business forum was held in Vilnius. more »

20 employees from the “Penki kontinentai” group successfully completed the “Europa” race challenge!

The “Penki kontinentai” team has become the largest for the for the third time in a row more »

Baltic Payment Forum: what surprised and inspired

Penki kontinentai Group support the Baltic Payment Forum as a Platinum Sponsor. more »