Restaurant Technology Guys

MARCH 24, 2024

In any restaurant, inventory management plays a pivotal role in seamless operations. In this blog post, as Jeremy Julian converses with David Greschler, the Co-founder and CEO of Nomad-Go, we explore how this company is transforming the inventory management of the food service industry with its innovative technology.

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Sculpture Hospitality

JUNE 27, 2023

In the fast-paced restaurant industry, effective inventory management is crucial to ensure smooth operations, maximize profits, and deliver an exceptional dining experience.

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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.

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Restaurant365

SEPTEMBER 10, 2021

As a store-level manager, you always have a lot on your plate. However, in between all these tasks, it is critical to devote time and energy into accurate and consistent inventory management. Inventory control is a key piece of your food cost and, ultimately, the profit margin for your restaurant location.

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Lavu

JULY 12, 2022

A customer would be disappointed to order a slice of pepperoni pizza and receive a slice of plain because the pizzeria was out of their … Master Pizza Restaurant Inventory Management with These 5 Tools Read More ».

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Crunchtime

JANUARY 23, 2024

It's no secret that carrying inventory is costly, and often full of sneaky profit leaks for many multi-unit restaurants. Food costs are 35% of revenue on average for multi-unit restaurants. 74% of operators indicated that reducing food costs is a strategic priority in the next 12+ months.

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Tableo

JULY 18, 2023

Restaurant inventory management is a process for identifying more cost-effective food, beverage and supply orders while keeping track of the materials and supplies you have on hand for shifts. Use inventory management software to track inventory levels and provide reports.

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Sculpture Hospitality

AUGUST 23, 2022

Restaurant inventory management is the process of monitoring your food and beverage stock to gain better control and visibility over your inventory.

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Sculpture Hospitality

JULY 27, 2021

Your restaurant inventory is the backbone of your business. The stock you buy is an asset that directly impacts how profitable your business is, yet so many restaurants aren’t building inventory management strategies that protect those assets.

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Sculpture Hospitality

NOVEMBER 30, 2022

A restaurant inventory manager is responsible for ordering and stocking supplies, maintaining inventory records and working with other team members to ensure that your restaurant always has the food and bar stock needed to run efficiently and profitably.

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Sculpture Hospitality

DECEMBER 20, 2022

You’re ready to start using inventory management software for your restaurant so that you can benefit from consistency and accuracy. Accurate inventory management provides the information and insights you need to be successful. That’s fantastic!

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Sculpture Hospitality

OCTOBER 27, 2022

So, you have decided to improve your restaurant inventory management strategy. Inventory management can help provide better insights, reduce waste, save time and improve your bottom line. That’s great!

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Apicbase

MARCH 25, 2024

Managing inventory and supplier ordering is like juggling flaming torches while riding a unicycle (which also happens to be on fire). Demand forecasting for restaurants puts out the flames, takes the guesswork out of purchase orders and streamlines the supply chain. Why is demand forecasting important for restaurants?

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Evergreen

JANUARY 24, 2024

In addition to cost control, effective inventory management also plays a vital role in enhancing customer satisfaction.

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Veloce POS Blog

SEPTEMBER 11, 2023

Whether you are a chef-owner, restaurant manager, or independent investor, you undoubtedly know the difficulties associated with food inventory management. Inaccurate forecasts, excess inventory, under-stocking, and a lack of real-time visibility can become major irritants.

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Chef's Resources

AUGUST 17, 2022

by Jenna Bunnell The Key to Developing an Efficient Restaurant Inventory Management System It’s complicated and time-consuming to track your restaurant inventory with spreadsheets. A restaurant inventory management system automates these manual processes and boosts your efficiency.

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Sculpture Hospitality

OCTOBER 12, 2021

In our blog, we’ve discussed in detail how using inventory management software to gain better visibility and control over your restaurant and bar inventory can significantly improve business profitability.

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The Restaurant Times

JUNE 6, 2023

Restaurant management software revolutionizes food establishments’ operations by providing efficient tools to manage inventory and control costs. With the complexities of running a restaurant, tracking inventory manually can be time-consuming and prone to errors. million in 2022.

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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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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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Evergreen

JANUARY 24, 2024

In addition to cost control, effective inventory management also plays a vital role in enhancing customer satisfaction. By ensuring that the kitchen is well-stocked with the necessary ingredients and supplies, restaurants can consistently deliver high-quality dishes to their […]

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Restaurant365

APRIL 14, 2020

Successful restaurant operations, in any kind of economy, depend on well-managed restaurant food inventory. 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.

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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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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?

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7 Shifts

JANUARY 31, 2024

Managing a restaurant is a delicate routine—if we can even call it a routine. Managers are responsible for nearly every aspect of the restaurant and have to cover a variety of duties. Table of Contents: The main duties and responsibilities of a restaurant manager What is a restaurant manager’s daily routine?

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Sculpture Hospitality

AUGUST 31, 2020

The manager of your restaurant or bar plays an essential role in the success of your business. They ensure you don’t overspend, that food and beverage inventory is managed properly and they come up with ideas that bring in new revenue streams.

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Sculpture Hospitality

JANUARY 7, 2021

It may be repetitive and time-consuming, but restaurant inventory management really is one of the most important aspects of your job as a restaurateur.

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Restaurant365

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance.

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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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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?

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Restaurant365

NOVEMBER 5, 2019

Food cost is one of the major expenses in your restaurant business, but fortunately, also one of the most controllable. Food cost is heavily influenced by your inventory management. There are many opportunities within the inventory lifecycle to apply efficient food cost controls.

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Sculpture Hospitality

SEPTEMBER 18, 2020

Proper food and beverage inventory management is one of the most important processes that any restaurant can implement into their backend operations. That’s because poor ordering decisions lead to wasted money.

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Restaurant Engine

AUGUST 2, 2020

Restaurant owners implement Enterprise Resource Planning (ERP) solutions for inventory management and real-time low stock notifications. When a restaurant sells a dish containing an ingredient, its stock count automatically registers a decrease. Fundamentally, inventory control revolves around three variables.

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Hot Schedules

OCTOBER 23, 2019

In the world of restaurants, managers look forward to many things… but restaurant inventory management is practically never one of them. It is probably safe to say that counting inventory is not as gratifying as nailing the perfect dinner shift, but it is a critical process in your restaurant operation nonetheless.

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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. To read the full press release, click here.

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Hot Schedules

MARCH 25, 2019

In the world of restaurants, managers look forward to many things… but restaurant inventory management is practically never one of them. It is probably safe to say that counting inventory is not as gratifying as nailing the perfect dinner shift, but it is a critical process in your restaurant operation nonetheless.

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Sculpture Hospitality

JULY 7, 2022

Inventory makes up a significant portion of a pizza restaurant’s total expenses, next to rent, utilities and labor cost. Yet your inventory shouldn’t just be viewed as an expense, it’s an investment into the profitability of your business.

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