Veloce POS Blog

SEPTEMBER 20, 2023

The restaurant sector is one of the areas that requires great rigor in the management of stocks and daily operations. Veloce POS is this essential partner that has made itself indispensable thanks to its inventory module with rich and varied features.

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POS Inventory Management Management 59

Modern Restaurant Management

APRIL 10, 2024

Restaurant operators have faced stiff headwinds since 2020, with a near-constant swirl of inflation, supply chain and labor challenges. But if last year was any indicator, restaurant operators are on the road to relief in 2024. In 2024, we expect these trends to shape the restaurant sector. Coffee in 2023.

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2024 2023 Loyalty Program Point of Sale 193

Veloce POS Blog

SEPTEMBER 13, 2023

Inflation compels restaurant owners to streamline their menus, efficiently manage their workforce, work on their business models, optimize inventory management, and seek to minimize waste. The post Improve Your Restaurant’s Profitability with Veloce POS and Smart Inventory Management Practices appeared first on POS Veloce HQ.

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POS Inventory Management Management 52

7 Shifts

JUNE 24, 2021

For many restaurant owners, growth is the ultimate goal—beyond the second and third locations and into the 50s and 100s. Unless you can multiply yourself, the only way to run an enterprise-level restaurant operation is by leveraging your technology stack. Your POS isn't working hard enough. Your POS isn't working hard enough.

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POS Restaurant Law Point of Sale Management 359

Modern Restaurant Management

OCTOBER 11, 2021

With increased talk of COVID-19 vaccine mandates and the rise of the Delta variant , restaurant owners are still adapting their dine-in operations to keep up with the times. Here are some of the ways restaurant owners can leverage a holistic and data-driven POS system to optimize their outdoor dining operations.

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Outdoor POS Front of House Seasonal Menu 193

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. For example, these common restaurant ingredients rose significantly in mid-December 2021 over the same period in 2020: Refined sugar – 31%. As the rising food cost trend continues, it’s time to tighten your inventory control. Butter – 43%.

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Inventory Pricing Management Management 148

Sculpture Hospitality

NOVEMBER 23, 2020

Touchscreen point-of-sale (POS) systems are a crucial part of any restaurant or bar’s operational processes, but they can be incredibly expensive. POS systems often cost at least $20,000, and that price often comes with the myth that a POS can fulfill all of a restaurant’s operational needs.

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POS Inventory Point of Sale Pricing 146

7 Shifts

SEPTEMBER 20, 2021

If the past few years have taught us anything, it's that restaurant technology is no longer a nice-to-have. It's a necessity for building a modern and future-proof restaurant. The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. SkiptheDishes.

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Technology Front of House Social Media Back of House 370

Focus POS

JANUARY 15, 2020

When a technology solution affects as many areas of business as your restaurant POS system does, it can be difficult to track the true return on investment (ROI) that it offers. The first step to understanding the true ROI from a restaurant POS system is to determine quantifiable factors that are influenced by the POS.

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POS Front of House Loyalty Program Inventory 151

Restaurant365

SEPTEMBER 10, 2021

However, in between all these tasks, it is critical to devote time and energy into accurate and consistent inventory management. Inventory management tracks what’s going in and out of your restaurant for a specific period, and what product is in your restaurant at any given time. Let’s dive into some helpful tips.

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Inventory Management Management Point of Sale 138

Restaurant Engine

JUNE 22, 2022

A POS is really worth it because it lets your customers take ownership of their payment options. With the global point of sale (POS) market growing at exponential rates , you may be wondering if a POS system is really worth the investment for your restaurant. First, let’s define the POS system. tweet this).

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POS Point of Sale Mobile Ordering Cash Management 111

Modern Restaurant Management

MARCH 24, 2020

The modern restaurant point-of-sale (POS) system has grown beyond simply handling payments. Feature-rich mobile POS systems have evolved to processing orders, sending tickets to the kitchen, providing detailed reporting and offering thorough inventory and business management. The Evolution of POS.

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POS Cash Management Point of Sale Mobile Ordering 118

7 Shifts

AUGUST 20, 2020

Now is the time when your restaurant can experiment with and implement new technologies to help reduce costs, improve margins, and stay safe during COVID-19. When you optimize restaurant efficiency, your business will be able to cope during troubling times, and thrive during good times.

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Technology Mobile Ordering Dietary Restrictions Cash Management 293

7 Shifts

JUNE 4, 2021

Business is often a game of numbers, and restaurants are no exception. And while you may not picture a restaurant manager or worker parked at a desk to work, it's a huge part of restaurant management. Inventory turnover ratio. Purchased inventory , or the value of newly purchased items in a given period.

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Point of Sale Inventory Employee Relations Customer Service 416

Lavu

DECEMBER 12, 2022

If you’re looking for an affordable and simple way to process sales at your business, you can find everything you need in an iPad POS … iPad POS Systems: The Ultimate Buyer’s Guide Read More ».

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POS Point of Sale Bar Ordering 148

7 Shifts

MARCH 10, 2021

Successful restaurant owners have many traits in common. Here we've outlined seven practices of highly successful restaurant owners. The fact that 60% of restaurants fail in their first year and 80% close within five years of their grand opening is an indication that few have what it takes for long-term success.

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Management Management Small Business Email Marketing 370

7 Shifts

FEBRUARY 5, 2021

If the past few years have taught us anything, it’s that restaurant technology is no longer a nice-to-have. It’s a necessity for building a modern and future-proof restaurant. The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Partender 3.

Social Media 370

Social Media Front of House Back of House Point of Sale 370

Restaurant Engine

JULY 13, 2022

You can improve productivity with the right POS system. You know that a point-of-sale system (POS) is great for your customers, enabling them to have a bit more control when ordering or paying for their meals. Did you know, though, that a POS system is great for managing your business and improving your efficiency? tweet this).

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POS Website Management Point of Sale Loyalty Program 102

Veloce POS Blog

AUGUST 7, 2023

In the restaurant industry, an intelligent point of sale system like Veloce POS becomes a valuable tool. This integrated system is designed to meet the unique challenges faced by owners and managers of restaurants, bars, fast food chains, cafes, and more.

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POS Point of Sale Online Ordering Inventory 52

Open for Business

NOVEMBER 21, 2022

If you’re a relative newbie to the restaurant industry or a die hard traditionalist, you may be wondering what a POS system is for a restaurant. It’s a restaurant technology topic restaurant owners should all understand. What is a POS system for a restaurant? How does a restaurant POS system work?

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POS Mobile Ordering Point of Sale Food Truck 78

Mad Mobile

FEBRUARY 29, 2024

As bar owners and managers, you know that having the right point of sale system for your restaurant or bar makes all the difference. A good POS system can help you keep your customers and employees happy with speedy, accurate service. In the cloud-based POS space, systems are designed for every type of restaurant and bar.

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POS Bar Brewery Customer Service 40

Bingage

APRIL 14, 2021

Then being a restaurant owner, why wouldn’t you prefer the latest restaurant technology for the business’s smooth operation & long-term growth. We all are aware that, Restaurant business owners are now adopting effective solutions that can automate operational work, minimise physical burden and improve business sales.

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POS Loyalty Program Online Ordering Point of Sale 97

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.

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Inventory Management Management POS 113

The Restaurant Times

AUGUST 17, 2021

They can be accessed via QR codes, websites, or mobile apps directly by the customers without any assistance from the restaurant staff. 7 Ways Restaurant POS Facilitate Easy Adoption Of Digital Menus. Since then, digital menus have seen widespread adoption by restaurants. The QSR industry adopted digital menus long back.

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POS Mobile Ordering Seasonal Menu Inventory 97

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.

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Inventory Management Management Food 78

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.

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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.

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Inventory Management Management Waste 78

Veloce POS Blog

NOVEMBER 3, 2023

From maintaining equipment like damaged seating or faulty plumbing to inventory errors and payroll management, the list of challenges is extensive. The post Best Practices for Bar Inventory Control and Theft Protection appeared first on POS Veloce HQ.

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Inventory Bar POS Seating 59

Mad Mobile

FEBRUARY 26, 2024

Are you keeping a close eye on your beer, wine, & liquor inventory costs? Meanwhile, a restaurant’s bar program represents a significant source of total revenue. Because liquor, wine, and beer have such wildly varying prices, it pays to keep tight controls on ordering and inventory. Take these lessons to heart.

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Inventory Bar Management Management 40

Sculpture Hospitality

SEPTEMBER 13, 2021

Bar inventory software, known as a bar inventory management system , is a technology that integrates with your point-of-sale (POS) system to automate and centralize the processes associated with managing your bar inventory.

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Inventory Bar Point of Sale POS 109

Restaurant365

AUGUST 4, 2020

Running a successful restaurant business is all about spending your cash wisely. 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. What is restaurant inventory management?

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Inventory Management Management Cash Management 78

7 Shifts

SEPTEMBER 16, 2021

Managing multiple restaurant locations is a good challenge to have. But to be clear, multi-location restaurant management is challenging. Whether you’re managing multiple restaurants right now or are thinking about expanding your current business , this guide has everything you need to run more than one restaurant at once with success.

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Management Management Document Hiring 370

Lavu

MARCH 24, 2022

A reliable bar POS system makes running your business easier by helping manage your sales, staff, and inventory. But, most importantly, it can help you … 7 Key Features You Need in a Bar POS System Read More ».

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POS Bar Point of Sale Inventory 78

TastyIgniter

NOVEMBER 8, 2023

Discover cost-effective Restaurant POS Software solutions like Square, Toast, ShopKeep, and TouchBistro designed to streamline operations. Optimize your business with scalable, customizable POS options for data-driven success.

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POS Inventory Customer Service Design 40

Squirrel Systems

OCTOBER 26, 2023

Mobile Point-of-Sale (POS) systems offer several benefits for servers and restaurants, making them a valuable tool for improving efficiency, customer satisfaction, and overall operations. Faster Transactions: With POS, servers can process payments more quickly, allowing them to serve more tables in a shorter time frame.

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Mobile Ordering POS Ordering Point of Sale 52

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.

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Inventory Management Management Waste 103

Modern Restaurant Management

JUNE 14, 2022

Restaurant theft is expensive. One study found that internal employee theft is responsible for 75 percent of inventory shortages and about 4 percent of restaurant sales. It’s also more prevalent than some restaurant owners and managers might want to believe. That totals between $3 and $6 billion annually.

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Point of Sale Kitchen Safety Back of House Inventory 199