Restaurant365

MAY 17, 2022

Food inventory management goes way beyond counting the items on the shelves. The most important part of inventory management is understanding how the amount of product relates to your profit margin. Why a POS system is not suitable for inventory management. The POS system doesn’t do analysis. That’s great.

Inventory 78

Inventory Management Management Food 78

Mad Mobile

FEBRUARY 26, 2024

Are you keeping a close eye on your beer, wine, & liquor inventory costs? It also has one of the most complex stock lists. Because liquor, wine, and beer have such wildly varying prices, it pays to keep tight controls on ordering and inventory. Operators who calculate their cost of sales add 2–10% to their bottom line.

Inventory 40

Inventory Bar Management Management 40

Xtra Chef

DECEMBER 2, 2020

Restaurant inventory management with Excel takes too time and can lose you money. Inventory management with Excel in restaurants is a common food cost control method that helps you order the right amount of food at the right time to minimize waste, reduce food costs, and maximize profits. Here’s a better solution.

Inventory 91

Inventory Management Management Cash Management 91

Restaurant365

JULY 9, 2020

Restaurant inventory management is the process of monitoring the food and beverage ingredients in your restaurant. Monitoring your inventory documents what food and beverage product is coming into your restaurant, what is leaving your restaurant as product sold, and what remains on your shelves and refrigerator.

Inventory 78

Inventory Management Management Food Supply 78

Restaurant365

JULY 21, 2021

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.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

OCTOBER 16, 2019

When most restaurant owners think about how to manage restaurant inventory, they think of food cost control. For restaurant owners, inventory control is closely related to accounting and food cost management. The nuts and bolts of restaurant inventory management.

Inventory 113

Inventory Management Management POS 113

Restaurant365

AUGUST 4, 2020

You invest a large amount of your budget in inventory. When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. Integrating inventory management with accounting facilitates better inventory control. What is restaurant inventory management?

Inventory 78

Inventory Management Management Cash Management 78

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. Inventory management is a cost management strategy that influences your restaurant food costs , revenue, profitability, and cash flow. But having too little inventory makes it difficult to meet customer demand. Table of Contents.

Inventory 78

Inventory Management Management Cash Management 78

Restaurant365

MARCH 10, 2020

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

Inventory Management Management Waste 103

Lavu

FEBRUARY 14, 2024

A state-of-the-art restaurant POS System, specifically tailored for bars and restaurants, streamlines transactions, inventory management, and customer service, ensuring that business owners can focus on what they do best—serving their patrons. Most quality POS systems feature built-in real-time inventory control software.

POS 164

POS Bar Point of Sale Front of House 164

Xtra Chef

JUNE 25, 2019

Today, we announced that xtraCHEF has reinvented restaurant inventory management software. I wanted to share some thoughts on why we built an Inventory Management product and how our offering is different than any other product available in the market today. Why Build Another Restaurant Inventory Management Software.

Inventory 60

Inventory Management Management Demo 60

Lavu

DECEMBER 12, 2022

Restaurant cash flow management is the lifeblood of your business. Yet, while most small business owners know this truth, many still struggle with basic cash flow definitions, fundamentals, and management strategies that actually maximize benefits. Put new habits into practice with these ten best practices of cash flow management.

Cash Management 78

Cash Management Management Management Point of Sale 78

Xtra Chef

SEPTEMBER 16, 2020

Every hospitality vet knows that taking inventory sucks. It’s time-consuming to write down the numbers of every single item in the walk-in by jotting notes on a printout, then transferring the notes to an Excel spreadsheet or directly into an old-school inventory management system. So stop taking inventory the old way!

Inventory 79

Inventory Mobile Ordering Back of House Demo 79

Restaurant365

MARCH 10, 2020

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 78

Inventory Management Management Waste 78

ChefMod

MARCH 16, 2024

In the dynamic world of hospitality, managing finances efficiently is not just an option; it’s a necessity. This is where ChefMod steps in, revolutionizing the way the hospitality industry manages its finances with its latest feature.

Management 52

Management Management Mobile Ordering Demo 52

Xtra Chef

JULY 15, 2020

Reducing food cost in restaurant management is as important as ever. Plus, the prices of ingredients are fluctuating frequently due to supply chain and logistical challenges. In this blog, discover effective restaurant management techniques to reduce food cost and position your restaurant for short- and long-term financial success.

Management 91

Management Management Food Inventory 91

Apicbase

MARCH 28, 2024

Kitchen management software comes in all shapes and sizes. The F&B director works with the order forms, the COO analyses the profit and loss statements, the inventory manager checks the stock counts, the executive chef works in the recipes database and so on. In this post, we’ll help you narrow down the options.

Management 52

Management Management Point of Sale Kitchen Safety 52

Apicbase

JULY 20, 2023

Tight inventory management is crucial to the profitability of any restaurant business, but it’s especially important for multi-outlet businesses, where mistakes and small discrepancies are multiplied many times over. Read on to discover: What are inventory PAR levels? What Are Inventory PAR Levels?

Inventory 40

Inventory Food Safety Cash Management Waste 40

Restaurant365

JUNE 3, 2022

This unfortunately means that many leaders are now struggling with restaurant manager retention due to burnout by working tirelessly to fill the staffing gaps caused by employee turnover. Whether you are the front of house, back of house, bar, or general manager you have most likely had bouts of job burnout. You are a restauranteur.

Management 78

Management Management Back of House Front of House 78

Hot Schedules

NOVEMBER 12, 2020

Top Five Supply Chain Management Tips. . Review your pricing and rebate deals. When negotiating with suppliers, the larger the basket that they receive, the more competitive their pricing should be. If a smaller local supplier is guaranteed business, they are likely to provide better pricing and prioritize your order.

Supplies 78

Supplies Management Management Allergens 78

Restaurant365

DECEMBER 11, 2020

As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast. Your suppliers may have experienced fluctuations in prices for ingredients in 2020. over a certain period of time.

2021 136

2021 Cash Management Management Management 136

Xtra Chef

JULY 8, 2020

Recipe management software is quickly becoming a must-have for any restaurant operator who wants to gain quick and easy insight into plate costs. What is Recipe Management, and Why Do You Need It? Plus, knowing your food costs helps you more successfully price your menu. Why Don’t More Restaurants Do Recipe Management?

Management 89

Management Management Front of House Back of House 89

Restaurant365

OCTOBER 30, 2020

As a restaurant owner or manager, sometimes you may need to jump in to help keep business running smoothly. However, the day-to-day tasks can distract from the bigger-picture work that is essential for your long-term business health: restaurant operations management. What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Lavu

DECEMBER 20, 2019

Others, like Sourcery, are end-to-end solutions that include vendor management as well as streamlined invoicing and. Catered specifically to those in the restaurant industry as well as to emerging small businesses, Sourcery has the specialized ordering and inventory receipt capabilities that Bill.com lacks. auto-reconciliation.

Pricing 78

Pricing Online Ordering Customer Service Small Business 78

Hot Schedules

SEPTEMBER 14, 2020

Manage Increasing COVID-19 Cleaning Costs in Hospitality. How mobile applications can support change management and control costs. Manage the materials cost. As with any extreme situation that creates unprecedented demand, bad actors rise up and price gouging begins. Change management through mobile apps.

Hospitality 78

Hospitality Management Management Employee Relations 78

Apicbase

MAY 8, 2024

The right restaurant management software significantly enhances efficiency and control of operating costs. Finally, we will explore the best alternatives to MarketMan, helping you decide which restaurant inventory management platform aligns best with your needs. MarketMan tracks ingredient prices to help optimise menu prices.

Inventory 52

Inventory Food Supply Kitchen Safety Back of House 52

Restaurant365

MARCH 5, 2021

A few people managed the restaurant group with overly complex systems built on Excel spreadsheets. For inventory example, Mr. McDowell explained, one team member would count stock by hand, using paper and a clipboard. These manual systems for accounts payable (AP) and inventory consumed a lot of labor hours, explained Mr. McDowell.

Hospitality 78

Hospitality Management Management Inventory 78

Restaurant365

NOVEMBER 26, 2019

Restaurant management software can streamline restaurant operations, helping you become more efficient and profitable. However, not all restaurant management systems are created equal — and the tools you have access to can play a large role in your success. Cloud-based management. User-friendly order management.

2020 117

2020 Management Management Mobile Ordering 117

Restaurant365

JANUARY 13, 2021

At the foundation, it is your managers who lead the day-to-day work optimizing food and labor costs. Controlling your restaurant prime cost depends on empowering your store-level managers to access data in the systems you implement. So, how do you empower your store-level managers? Provide Managers with a Roadmap for Success.

Management 78

Management Management Point of Sale Waste 78

Restaurant365

OCTOBER 29, 2021

You can use back-office restaurant technology to support a positive guest experience in areas such as payment, inventory and food costs, and staff scheduling. Tight inventory control ensures menu item availability. With tight inventory control, your team can accurately track inventory and use that data strategically.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

Restaurant365

NOVEMBER 12, 2021

Your restaurant’s menu engineering strategy impacts your menu mix, pricing, and your overall profitability. With restaurant management technology, you can use menu engineering tools to inform your data tracking and decision making. Do you need to make menu price adjustments or reconsider your promotions for the next quarter?

Menu 143

Menu Operations Point of Sale POS 143

Apicbase

JUNE 2, 2022

As an F&B manager in a large multi-outlet operation [or a hotel chain], you’re used to focusing on the cost side of things. Shaving a percentage point off food costs here… eking out a few extra pennies by tightening up inventory procedures… stomping out waste. What is menu pricing? 3 tips on menu pricing for ghost kitchens.

Pricing 52

Pricing Menu Operations Demo 52

Apicbase

MAY 21, 2024

Operational realities like ingredient sourcing, kitchen workflow, pricing strategy, and branding play a role in menu development. Menu development is the process of aligning back-of-house culinary talent with operations management to design a profitable, sustainable menu that aligns with the brand. What is Menu Development?

Menu 52

Menu Dietary Restrictions Allergens Seasonal Menu 52

Apicbase

MARCH 3, 2023

These back-of-house software systems have become indispensable for modern restaurants because they enhance profitability and simplify work for restaurant managers and kitchen staff. Chief among these restaurant management systems is a F&B management platform such as Apicbase. Let’s find out how.

Point of Sale 52

Point of Sale POS Management Management 52

Restaurant365

JUNE 9, 2020

Assessing this movement by ensuring that the budget is maintained and that invoices are entered daily will help you better manage your cash flow each month. Manage your cash flow. In understanding your cash flow and recording invoices on a daily basis, you can better manage it. Seek financial guidance. Conclusion.

Cash Management 97

Cash Management Management Management Small Business 97

Restaurant365

JANUARY 18, 2022

Pre-consumer waste is all food that’s wasted before it gets to the customer, like spoiled inventory and kitchen scraps. Food waste reduction requires some additional work to properly store, monitor, and use inventory ingredients, so employees must be fully invested in the process. Monitor inventory days on hand. Reduce spoilage.

Waste 147

Waste Compost Food Consumer Goods 147

Restaurant365

MAY 20, 2020

Now, more than ever, is the time to optimize food costs by limiting your menu options, creating contract prices with your vendors, and tightening the way you handle your inventory. For items that are in between, such as bargain food items, raise the price of each item to determine if that item should be a keeper or not.

Inventory 148

Inventory Food Order Customer Experience Waste 148