Hot Schedules

JULY 26, 2021

Enforced clock-ins through an integration with your Point-of-Sale (POS) system and labor management tools. But at some point, you have to wonder at what cost? In essence, you’re saving money on labor but increasing waste in other departments. Managers can set up templates based on sales targets or based on seasonality.

Retail 148

Retail Point of Sale Employee Relations Inventory 148

7 Shifts

JANUARY 31, 2024

Inventory management Managers need to ensure the kitchen is stocked with the right amount of food so that nothing is wasted and as few items need to be 86'ed as possible. Managing a restaurant is a delicate routine—if we can even call it a routine. This wide-ranging responsibility is a lot, and it often leads to burnout.

Management 195

Management Management Kitchen Safety Front of House 195

Restaurant365

DECEMBER 12, 2019

Technology impacts nearly every aspect of our lives. For restaurants in particular, the impact of how technology is changing the restaurant industry is only growing bigger. From the front counter to the kitchen, technology is everywhere in restaurants. How do restaurants currently leverage technology?

2019 88

2019 Technology Front of House Mobile Ordering 88

Modern Restaurant Management

APRIL 5, 2022

In this blog, we will discuss the various facets being utilized to enhance the entire operation of the ghost kitchen efficiently. The result was a 25% percent spike in sales in just two months. As a result, the brand can gain brand loyalty without wasting time behind a brick and mortar restaurant.

Online Ordering 190

Online Ordering Point of Sale Website Management Inventory 190

Restaurant365

AUGUST 19, 2021

Every time your restaurant buys, counts, transfers, or wastes inventory, it must be entered as a journal entry in your accounting general ledger. Every time your restaurant buys, counts, transfers, or wastes inventory, it must be entered as a journal entry in your accounting general ledger. Understanding restaurant accounting basics.

Inventory 147

Inventory Management Management Employee Relations 147

Focus POS

DECEMBER 8, 2021

On top of that, outdated or complicated technology can frustrate staff and invite errors when people are in a rush. However, the right point of sale system can help alleviate some of these restaurant challenges so business owners can stay ahead of their competition. How the right POS system overcomes restaurant challenges.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Online Ordering 148

Focus POS

DECEMBER 3, 2019

Sustainability is about cutting costs, eliminating waste, and improving your bottom line. Additionally, there are key restaurant technologies that you can leverage in your restaurant to help incorporate cost-reducing sustainable practices. Cut the Waste. When possible, buy in bulk. Creating a Sustainable Restaurant.

Sustainability 128

Sustainability Transportation Mobile Ordering Waste 128

Restaurant365

MAY 13, 2020

While your restaurant may never be able to prevent turnover entirely, your company can retain more employees than ever with strategic technology tools. How to reduce employee turnover with Technology. As the restaurant industry emerges from the effects of COVID-19, the restaurant labor market is much more volatile than usual.

Technology 88

Technology Hiring Communication Tip Distribution 88

The Restaurant Group

NOVEMBER 24, 2022

Technological developments, COVID-19, induced economic slowdown, inflationary pressures, and labor shortages—these will all affect the restaurant industry moving forward. Technological developments, COVID-19, induced economic slowdown, inflationary pressures, and labor shortages—these will all affect the restaurant industry moving forward.

2023 88

2023 Consumer Goods Advertising Customer Experience 88

Restaurant365

DECEMBER 11, 2020

operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.) For instance, you may need to proactively adjust your labor to meet a seasonal drop in sales, or plan for the best time to spend cash on any needed maintenance or upgrades. over a certain period of time.

2021 136

2021 Cash Management Management Management 136

Restaurant365

MAY 26, 2020

If your restaurant is emerging from survival mode to a break-even point or even slight profitability, it is important to reevaluate and tune up the largest expense for your restaurant: your restaurant prime cost. Restaurant prime cost overview. Prime Cost Formula Review. CoGS (Cost of Goods Sold).

Point of Sale 148

Point of Sale Employee Relations Inventory Waste 148

Restaurant365

JANUARY 4, 2022

Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste. And, with inventory system technology, you’ll get data that can be crucial in making informed operational decisions. Restaurant inventory management plays a key role in overcoming rising food prices. from a year ago.

Inventory 148

Inventory Pricing Management Management 148

Focus POS

DECEMBER 4, 2020

Fortunately, choosing an innovative and intuitive online ordering system that integrates with your point of sale doesn’t have to be complicated. Most restaurant owners and managers are not technology experts, ruling out clunky systems that are difficult to use. Choosing an online ordering system can be complicated and costly.

Online Ordering 146

Online Ordering Ordering Mobile Ordering Point of Sale 146

Focus POS

MAY 5, 2020

If you aren’t convinced, here are five reasons why you should implement POS technology this year: Simplify Inventory Control. Bad decisions can cost big bucks in lost income and waste, so it’s smart business to monitor inventory levels, expiration dates, and reorder at the appropriate time. Create More Detailed Reports.

POS 120

POS Point of Sale Mobile Ordering Inventory 120

Modern Restaurant Management

JANUARY 22, 2020

Signing up your establishment in a third-party online ordering app can significantly ramp up your sales, as you give customers the privilege to dine with you wherever they may be. Similar to how businesses use chatbots, restaurants are starting to integrate technology into their processes, particularly in order. Self-Service Tech.

Customer Service 227

Customer Service 2020 Social Media Mobile Ordering 227

Restaurant365

APRIL 14, 2020

No matter what business model your restaurant is operating on, managing your restaurant inventory helps you prevent waste, lower your food cost, and maximize your bottom line. Instead, focus first on which menu items are your most profitable and popular, based on your recipe costing and historical sales.

Inventory 109

Inventory Delivery Management Management 109

Restaurant365

MAY 17, 2022

Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. A POS system is excellent at collecting sales and labor data. That’s great.

Inventory 78

Inventory Management Management Food 78

Restaurant365

FEBRUARY 8, 2022

In this two-part blog post series, you’ll learn the importance of forecasting in restaurants and how to accurately implement restaurant demand forecasting. Part 2 will take a deep dive into how to forecast restaurant sales, including labor demand forecasting and food demand forecasting. Restaurant budgeting and forecasting differences.

2022 78

2022 Cash Management Point of Sale Inventory 78

Restaurant365

NOVEMBER 12, 2021

With restaurant management technology, you can use menu engineering tools to inform your data tracking and decision making. You are already generating data about your food cost, menu items, and sales levels. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix.

Menu 143

Menu Operations Point of Sale POS 143

MBB Hospitality

NOVEMBER 28, 2023

This includes optimizing your inventory to reduce waste, negotiating with suppliers for better rates, and employing technology to streamline operations. Leveraging Technology for Efficiency Technology can be a game-changer for operational efficiency in restaurants.

Loyalty Program 52

Loyalty Program Customer Service Customer Experience Social Media 52

Apicbase

JUNE 16, 2023

This blog provides an organised overview of the key metrics multi-site restaurant brands should track. Whether you’re looking to improve customer satisfaction, increase sales, or reduce costs, tracking these metrics will bring clarity to your restaurants’ performance and help you achieve your goals. Why Are Metrics Important?

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Lavu

DECEMBER 6, 2019

POS stands for point of sale. Digital inventory tracking can help with reordering automatically and reduce waste in the workplace. With an integrated POS system, you can keep track of inventory after each sale and keep an eye on every part of your inventory. What is an automated scheduler? Digital inventory tracking.

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 78

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf.

Inventory 103

Inventory Management Management Waste 103

Restaurant365

SEPTEMBER 23, 2021

For instance, since restaurants primarily sell food and drink, inventory turns over at a very frequent rate, and sales are made up of a high number of transactions. Between inventory, sales, and other data points like labor, restaurants generate an enormous amount of data. What specific issues do restaurants face in accounting?

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

APRIL 30, 2020

When someone places an order, sends a delivery ticket to the kitchen, or takes inventory, valuable data points are created that can inform bigger insights. As more technology systems enter the market, many are advertising restaurant reporting and analytics. Although these two terms are similar, they are not interchangeable.

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78

Hot Schedules

SEPTEMBER 8, 2021

Hotel operators are struggling with three major pain points: the labor shortage, competitive expansion, and lingering lockdown restrictions. Mobility Equals Flexible Ops: Hotel Purchasing & Inventory from Anywhere. Mobile tech solution can fill the gaps left behind by skeleton teams and keep operations competitive.

Hotels 147

Hotels Inventory Guest Recovery Leadership 147

Restaurant365

DECEMBER 2, 2019

Cloud-based technology is especially important if you run multiple concepts or multiple units as it allows you to access and control information across locations. Other inventory management tasks such as automatic inventory tracking via point of sale system (POS) integration can also be automated. Controlling your food costs.

Management 97

Management Management Point of Sale Inventory 97

Restaurant365

OCTOBER 30, 2020

Daily issues with your inventory control can lead to food waste levels that skew your monthly margins. Restaurants carry lots of inventory that is perishable, so an investment in inventory can quickly be wasted if it isn’t managed correctly. In a restaurant, there’s always something that needs to be done.

Operations 78

Operations Management Management Inventory 78

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf.

Inventory 78

Inventory Management Management Waste 78

Hot Schedules

SEPTEMBER 8, 2021

Hotel operators are struggling with three major pain points: the labor shortage, competitive expansion, and lingering lockdown restrictions. Mobile tech solution can fill the gaps left behind by skeleton teams and keep operations competitive. b3lineicon|b3icon-medal|? b3lineicon|b3icon-wallet|? b3lineicon|b3icon-wallet|?|Wallet.

Hotels 78

Hotels Inventory Guest Recovery Point of Sale 78

Focus POS

JUNE 27, 2019

Technology can help, but knowing how to get the most out of it is also important. We’ve put together a guide you can use to help you choose the best technology for your restaurant and how it can help you run a more profitable business: General Restaurant Management. » Sales, labor, inventory data reports. Set quality standards.

Management 121

Management Management Franchise Franchising 121

Restaurant365

DECEMBER 17, 2019

Instead, gradual sales growth will help your business gain traction and develop a solid foundation. Variable, controllable costs such as food and labor, are tied to sales and can be adjusted. You can also track the Cost-to-Sales Ratio, comparing food costs as a percentage of sales. Restaurant Startup Costs Breakdown.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Restaurant365

JUNE 24, 2020

This requires not only increasing total sales, but also reducing costs. While these are not optimal times in the restaurant industry, there are tactics you can implement now to both increase sales and optimize your controllable costs. You followed all the new health and safety regulations. Now it’s time to refocus on your bottom line.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

Restaurant365

DECEMBER 4, 2020

Other restaurants had to shift operations to a limited-capacity model, adjusting labor and food costs to match new sales levels. Your restaurant’s break-even point is the sales you need for a certain period of time to not lose money, or “break even.” Generating enough revenue to break even.

2021 78

2021 Operations Mobile Ordering Social Media 78

Clover - Restaurants

MAY 3, 2024

Restaurant strategies and technologies are constantly improving which can help transform and ensure food health and safety. An estimated 3,000 people in the U.S. die each year due to foodborne illness. When people see dirt or grease at a restaurant, 82% say they lose their appetite.

Kitchen Safety 52

Kitchen Safety Food Safety Food Food Supply 52

Restaurant365

OCTOBER 14, 2020

Inaccurate numbers can, at best, point you in the wrong direction, and at worst, lead to unsound financial decisions. When creating a restaurant budget, there are four main areas to consider: Track Your Restaurant Sales. Your restaurant sales, or income, are one of the biggest factors in your budget. Collect data.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

Restaurant365

FEBRUARY 6, 2020

However, being able to easily access sales, inventory, and labor data allows you to quickly make informed decisions. Step 1: Record Sales Through Your POS Daily. Track Your Daily Sales. One of the most fundamental pieces of bookkeeping is tracking your daily sales. How to Generate a Daily Sales Report.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138