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Bottom Line Shrinking? Five Ways Retailers Can Optimize Labor to Minimize Costs

Hot Schedules

Five Ways Retailers Can Optimize Labor to Minimize Costs. T he return of in-person shopping has happened at varying rates depending on local lockdown restrictions, but the universal truth for most retail stores has been the massive shift to ecommerce —an estimated jump of $183 billion — cutting into brick and mortar profits.

Retail 148
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Guest Blog: It’s Time to Bring Your Alcohol Management into the 21st Century

Restaurant365

From cloud-based POS systems to mobile apps designed to improve employee satisfaction and streamline scheduling, technology is bettering business and changing the landscape of restaurant management. In the last year, Fintech has automatically imported 2,775,665 individual line-items into Restaurant365 for our alcohol retailers.

Blog 146
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How BOPIS can help your retail business

Izettle

Retailers and consumers are embracing BOPIS to save time, avoid costly shipping fees and simplify the shopping process. While larger retailers can afford to absorb the costs of delivery, returns and warehouse labour, smaller companies often need their customers to pay the extra shipping and handling fees. Real-time inventory.

Retail 52
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Mastering Restaurant Inventory Management in 10 Easy Steps

Restaurant365

When it comes to restaurant inventory, there are a lot of moving pieces. Understanding how to master restaurant inventory management is an invaluable skill. Your inventory control tracks what is coming in and out of your restaurant and what is left over during a certain period of time.

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Keeping Your Hotel Operations Agile Through Data-Driven Analytics

Hot Schedules

With near real-time updates into inventory, POS data, and guest sentiment, operators are equipped to make necessary decisions in the moment, rather than having to wait for monthly reports to arrive weeks after the fact. Find out how retail scheduling software can help streamline your communications and business operations!

Hotels 148
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Why Manual Restaurant Inventory Management Is Eating Your Profits

Restaurant365

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 103
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How Technology Has Aided Restaurant Inventory Management

Restaurant365

Food cost is heavily influenced by your inventory management. With the restaurant industry’s notoriously razor-thin margins, controlling food costs — and managing your inventory — are essential for a healthy bottom line. There are many opportunities within the inventory lifecycle to apply efficient food cost controls.