Modern Restaurant Management

MAY 27, 2020

PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5 PathSpot Secures Funding. million in a Series A round led by Valor Siren Ventures I L.P.

Food Safety 441

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 441

Modern Restaurant Management

JULY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. Similar to Grubhub's 2019 Year in Food Report , diners are continuing to eat vegan and vegetarian dishes.

2020 488

2020 Mobile Ordering Point of Sale Food Supply 488

Modern Restaurant Management

DECEMBER 27, 2019

NCR and Zynstra have worked together for several years, reflected in the launch of NCR Software Defined Store introduced in January 2019 and in use by companies like Pilot Flying J. PFG now expects to close the transaction on or about December 30, 2019, subject to the satisfaction or waiver of the remaining closing conditions.

Mobile Ordering 311

Mobile Ordering Customer Service Point of Sale Customer Experience 311

Modern Restaurant Management

FEBRUARY 18, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” In addition to improving the guest experience, technology also makes it easier for restaurants to manage their operations.

Mobile Ordering 539

Mobile Ordering Front of House Customer Service Customer Experience 539

Modern Restaurant Management

NOVEMBER 11, 2019

The purchase price of $42 million for Restaurant Magic will be financed primarily through cash and equity. The acquisition is expected to close during the fourth quarter of 2019. Jessie Burns, a first-year baking, pastry, and hospitality and food service management student at Johnson & Wales University in Denver, Colo.

Travel 298

Travel Food Hotels Loyalty Program 298

Deliverect

OCTOBER 2, 2019

When you’re running a restaurant, choosing a point-of-sale (POS) system can make or break the business. Pick the right one and you can streamline all your restaurant operations, from orders and payments to staff and inventory management. Deliverect works together with a number of POS systems - and we’re always working on adding more.

POS 60

POS Delivery Cash Management Point of Sale 60

Lavu

NOVEMBER 1, 2023

Food delivery has become a cash cow for restaurants because it’s convenient and easy for customers. There has been a significant rise in the demand for food delivery since 2019. To manage and optimize the cost per delivery, restaurants often perform regular cost analysis and make necessary adjustments.

Delivery 167

Delivery Online Ordering Food Mobile Ordering 167

Modern Restaurant Management

SEPTEMBER 15, 2020

SALIDO leverages design, data, and workflow management to optimize both front- and back-end operations. With the integration of both platforms, first-party orders made through Lunchbox will effortlessly feed into Ordermark’s platform to ensure that restaurants can manage both first-party and third-party orders from one location.

Fast Casual 407

Fast Casual Casual Menu Mobile Ordering 407

Restaurant365

NOVEMBER 20, 2020

The leadership team reviews Restaurant365’s AvT analysis report with location managers on a weekly basis. These meetings encourage accurate reporting counts, in addition to enabling corporate to hold managers accountable.

Point of Sale 148

Point of Sale Demo Cash Management Waste 148

Rocket Fuel

MARCH 2, 2022

Delaget and RASI became API partners and started their mission together in 2019 to increase operational value and efficiency to growth-focused restaurateurs looking to streamline their process and scale by insights. This, however, isn’t possible if you’re consistently paying your vendors late due to cash flow issues. Keep reading! .

Cash Management 98

Cash Management Operations Consumer Goods Information 98

Bingage

OCTOBER 5, 2019

If all things and planning goes right, opening and managing a restaurant can be very fruitful, Here I am sharing a complete guide on how to make a new restaurant successful. Promotion of a new restaurant is one of the important tasks of the restaurant manager. Productive use of CRM and POS system. Strategical planning.

Loyalty Program 74

Loyalty Program Social Media Cash Management Seminar 74

Restaurant365

FEBRUARY 8, 2022

It provides your managers with the data they need to help run the business. It also helps prevent overstaffing to prevent cash flow bleeding. You want to prevent inventory sitting on shelves because that affects cash flow. Some operators are using 2019 as a benchmark. Store-level manager accountability.

2022 78

2022 Cash Management Point of Sale Inventory 78

Restaurant365

JUNE 17, 2020

This would require aggregating sales data from your POS on an hourly basis, or even better, every 15 minutes. Known as intraday polling, this technology enables restaurant managers to make hourly Labor decisions based on the amount of current sales each day to reach optimal labor performance.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Restaurant365

APRIL 15, 2021

This blog post was originally published on September 10, 2019 and updated on April 15, 2021. This data indicates the state of your restaurant’s financial health, and it can even help you and your managers understand where you can start improving profitability. A P&L is a management tool for your business. Prime Cost.

Point of Sale 78

Point of Sale Cash Management Beverage Insurance 78

The Restaurant Times

OCTOBER 28, 2021

In the restaurant industry, effective capacity management is critical to success which depends largely on how well you can control the traffic. As a restaurant owner, you cannot let your customers wait in line for hours and hours or pressure staff to somehow manage customer expectations. Point of Sales (POS) System .

Technology 52

Technology Operations Point of Sale Mobile Ordering 52

Touch Bistro

MARCH 23, 2021

Restaurant accounting and tax specialists have navigated many operators through millions of dollars in relief and helped them become cash flow positive through the pandemic. This article will also cover: Important restaurant tax deadlines for 2021 5 steps you need to take to increase cash flow during tax season. payroll costs.

2021 52

2021 Cash Management Employee Relations 2020 52

The Restaurant Times

DECEMBER 30, 2021

In 2019, the UK government mandated the fortification of flour with folic acid to impede inborn disabilities in children. The market size of functional food globally, valued at USD 178 billion in 2019, is projected to reach USD 268 billion by 2027, indicating a CAGR of 5.2% during the forecast period. Get Licenses and Approvals.

Food 52

Food License Consumer Goods Cash Management 52

The Restaurant Times

OCTOBER 24, 2021

It is no wonder that with one foot firmly in the food delivery business, food aggregators are aggressively moving towards cloud kitchens to cash in on the frenzy. With a Supply Chain Management solution, you can automate your procurement and inventory management processes to better understand your wastage, food costs, and material stock.

Kitchen Safety 52

Kitchen Safety Online Ordering Mobile Ordering Food Order 52

Marketman

DECEMBER 21, 2019

Whether your restaurant is preparing for its grand opening night or will be celebrating its 10 year anniversary, it is never a bad time to begin implementing the best restaurant management practices and improving your processes. Restaurant management spans over a wide variety of elements including: Customer service. Staff management.

Management 52

Management Management Cash Management Download 52

Touch Bistro

APRIL 7, 2021

In fact, the restaurant staff turnover rate reached a high of 75% in 2019 – the highest of any industry. As one study by 7Shifts found, 47% of restaurants were negatively affected by employee turnover in 2019, and less than a third of operators said their restaurant turnover rate had no impact on their business.

Employee Relations 52

Employee Relations Hiring Seasonal Menu POS 52

BNG Point of Sale

JULY 16, 2021

In the year 2019, the average restaurant revenue for a new restaurant in the US was $111,860.70. When it comes to getting your new restaurant off the ground, the rule of thumb is investing in new equipment, or just managing your cash flow for the next few months, you should make sure you have a reliable source of funding.

Point of Sale 52

Point of Sale Seasonal Menu Customer Service Cash Management 52

Bingage

OCTOBER 5, 2019

If all things and planning goes right, opening and managing a restaurant can be very fruitful, Here I am sharing a complete guide on how to make a new restaurant successful. Promotion of a new restaurant is one of the important tasks of the restaurant manager. Productive use of CRM and POS system. Strategical planning.

Loyalty Program 40

Loyalty Program Social Media Cash Management Seminar 40

Rocket Fuel

JANUARY 26, 2024

And with delivery channel growth up 1,343% since 2019, delivery doesn’t seem to be going anywhere. If your accounting team fails to reconcile POS data with DSP data, you could be inaccurately reporting sales, and therefore overpaying on taxes and royalties. That’s a lot of time spent retrieving your hard-earned cash!

Delivery 52

Delivery Back of House Customer Service Technology 52

Apicbase

FEBRUARY 29, 2024

85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. Square , 2024) Get started : Restaurant Inventory Management Software for Multi-Unit Restaurants and Large-scale Catering Operations. Toast , 2023) POS systems remain central to restaurants. trillion and $4.8

2024 52

2024 Operations 2023 Loyalty Program 52

Modern Restaurant Management

OCTOBER 31, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features interesting and insightful trends from Upserve, order for pickup guest experience study results, the Fraud Aftershock Index and the importance of foot traffic. The company conducted over 750 trips between July and August of 2019.

2019 345

2019 Mobile Ordering Online Ordering Customer Experience 345

Modern Restaurant Management

DECEMBER 14, 2020

The company has also added a Deep Cleaning Checklist and guiding principles for Managing Indoor Air. Lightspeed POS Inc. a restaurant management cloud-software company based in Rhode Island and a Vista Equity Partners portfolio company. "Combining " Lightspeed Acquires Upserve. acquired Upserve Inc. ,

Webinar 474

Webinar Customer Experience Mobile Ordering Customer Service 474

Modern Restaurant Management

JUNE 19, 2020

a WiFi marketing and analytics platform for digital agencies, in December 2019. This singular focus has allowed Bloom to create a world class enterprise analytics and marketing platform that saves at-risk customers, builds and manages online reviews, while increasing customers’ frequency. Yelp Adds COVID-19 Help Features.

Food Safety 364

Food Safety Customer Experience Website Management Employee Relations 364

Modern Restaurant Management

AUGUST 28, 2020

in a management role at the Officers’ Club. Trabon, menu management and publishing solutions, and MenuTrinfo®, nutritional analyst and food allergen expert, have forged a strategic alliance that enables an end-to-end solution for the calculation and presentation of menu item nutrition facts and allergen declarations.

Allergens 365

Allergens Kitchen Safety Guest Recovery Customer Service 365

Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Some of these innovations include digital menus, contactless payments, marketing solutions, and cloud-based POS. Mark Hoefer, General Manager, Le Bilboquet Atlanta. Here are their responses.

2021 497

2021 Kitchen Safety Food Safety Mobile Ordering 497

Restaurant365

MAY 7, 2020

General managers and restaurant owner/operators should create checklists for crew and managers to use during their shifts. Managing Food Pick Up and Delivery. Install sneeze guards at cash registers. Ask customers to place cash on the counter rather than directly into the employee’s hand.

Food Safety 142

Food Safety Cash Management Social Media Point of Sale 142

Marketing4Restaurants

APRIL 1, 2021

If Deliveroo was forced to pay minimum wages and benefits it would dramatically increase costs, costs for a business which is already losing a prodigious amount of cash. Deliveroo in 2019 managed to decrease their loss to 41% of their revenue, down from 48%. Ethical Investing. Competition. Help for Restaurants.

Sustainability 111

Sustainability Delivery Front of House Online Ordering 111

Modern Restaurant Management

DECEMBER 31, 2019

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education. Plant-based Menu Items.

2020 345

2020 Kitchen Safety Consumer Goods Food Safety 345

Qu

SEPTEMBER 16, 2022

The “POS is Dead” concept has been trending recently. The results speak for themselves: So, the Fact is … POS is NOT Dead. We do not believe that POS is dead – rather that POS is Not the Center of the Restaurant Ordering & Commerce Universe anymore. Along with it: Massive fragmentation and disruption.

POS 52

POS White Paper Point of Sale Cash Management 52

Restaurant365

DECEMBER 6, 2021

When forecasting for the upcoming holiday season, you will want to make comparisons based on data that is relevant and comparable, so consider using your 2019 performance metrics since the 2020 data will be skewed due to the pandemic. Finding those gaps and closing them redirects that spend back to your bottom line. Inventory is expensive.

Supplies 78

Supplies Food Supply Waste Inventory 78

Modern Restaurant Management

JUNE 18, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features recovery data, POS performance and shifting habits of diners. POS Performance Data. Revenue Management Solutions (RMS) survey POS data from more than 100,000 locations in more than 40 countries. On the Road to Recovery.

2020 462

2020 Guest Recovery Kitchen Safety Online Ordering 462

Modern Restaurant Management

SEPTEMBER 24, 2021

In early September, the business announced a month-long program to thank its own team members who opt for the vaccine: $100,000 in cash prizes. restaurants sales in August are up more than four percent, compared to the same period in 2019. increase over 2019. Nathan's Famous in France. Nathan’s Famous, Inc.

Franchise 462

Franchise Franchising Customer Experience Back of House 462

Modern Restaurant Management

NOVEMBER 2, 2020

The cost to start a delivery service can depend on many factors, such as labor needs, POS upgrades, and marketing costs. For instance, if a restaurant could cross-utilize current staff to deliver food and already has the POS capabilities to handle delivery orders, the cost to launch could be minimal. The average was $1,923.

2020 553

2020 Mobile Ordering Hotels Food Safety 553