Xtra Chef

SEPTEMBER 25, 2019

Yesterday, several members of the xtraCHEF team attended the NYC Restaurant Technology Summit hosted by CohnReznick and the NYC Hospitality Alliance. The event gathered industry experts, investors, operators, and technology professionals for a day of networking and thought-provoking presentations. Profitability attracts capital.

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Restaurant Technology Guys

FEBRUARY 19, 2023

The concept was initially founded in 2019 by Gabe Corchiani, a businessman and restauranter who hoped to bring a family-friendly restaurant serving New York style pizza to his home state of Louisiana. Restaurant Technology Guys Podcast Ep. 168 – Fat Boys Pizza appeared first on Restaurant Technology Guys. The post 168.

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Modern Restaurant Management

JANUARY 16, 2020

From infamous chicken sandwich wars to on-trend plant-based burgers and acai bowls, it’s safe to say that 2019 was a trademark year for restaurants. With all of 2019’s success, restaurant operators are also facing challenges that can be addressed with the help of technology in the New Year. trillion in sales by 2030.

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Uncorkd

DECEMBER 12, 2018

Technology in the restaurant industry is booming and within the next year its impact will be very apparent. The new tech trends that will surely shake up the restaurant industry in 2019, are augmented reality, mobile scheduling apps, and digital beverage management. A Step Into the Future: Augmented Reality. iPad Menus.

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Mad Mobile

FEBRUARY 22, 2024

Statistic Detail 46% 46% of adults think technology has a positive impact on their restaurant experience. 47% 47% of operators predict an increased reliance on technology and automation to address labor shortages in their type of restaurants by 2024, including 44% of full-service and 49% of quick-service. trillion in 2024.

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2024 Technology Dietary Restrictions Customer Experience 40

Restaurant Technology Guys

JUNE 4, 2023

The startup was founded by ex-McKinsey consultant Daniil Klubov and full-stack developer Rares Bacila, who started their own restaurant, Tolstoy, in 2019. Restaurant Technology Guys Podcast Ep. 181 – Make Learning and Growth fun with Spoon.Tech Founder Daniil appeared first on Restaurant Technology Guys.

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Technology Website Management Training 2019 60

Modern Restaurant Management

DECEMBER 16, 2019

While restaurant sales were lower for November of 2018, November of 2019 did not include the same holiday headwinds. Second, the shift of Thanksgiving into December of 2019 converts from tailwind to headwind this month. percent from 2018 to 2019, sales for the whole weekend only increased about four percent. First, at 2.1

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Modern Restaurant Management

OCTOBER 9, 2023

Using the QSR traffic and sales data Revenue Management Solutions (RMS) has been gathering for 25-plus years, our analysts recently completed an exhaustive comparison of pre and post-pandemic data, comparing the first two quarters of 2022 and 2023 to the same period in 2019. Since 2019, however, QSR traffic has been down nearly 20% (18.4

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Hot Schedules

NOVEMBER 20, 2019

Spark 2019: Re-Imagining Hospitality for the Restaurant Industry. The 2019 Spark conference, presented by HotSchedules and Fourth, brought restaurant industry leaders together to address challenges facing operators today. The post Spark 2019: Re-Imagining Hospitality for the Restaurant Industry appeared first on HS Fourth US / Main.

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Goliath Consulting

FEBRUARY 16, 2019

In the Food Service industry, 2019 is bringing in its own wave of fresh trends! According to researchers from Restaurant Business, natural food enhancements will continue to grow in popularity among restaurateurs in 2019. Use of local foods and flavors is also a Food Service trend that you can expect in 2019.

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The Restaurant Times

OCTOBER 28, 2021

Restaurant technology can simplify your operations to a great extent and . The restaurant industry has evolved dramatically in the last decade, owing to new technologies and changing customer tastes. Technology can easily streamline your day to day operations on busy nights and weekends. Source: PYMNTS.com. QR Code Ordering.

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7 Shifts

MARCH 28, 2023

There are fewer hospitality workers than there were in 2019. Operators are shifting to forward-thinking practices and recognizing the impact technology can have on their business. They want flexible scheduling, improved communication, ways to give feedback, and fast and transparent tip payments.

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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. With the cost of high employee turnover, the restaurant industry is looking toward new technology tools to increase employee retention.

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Culinary Digital

MAY 16, 2022

And while foodservice has changed forever, so has the technology that supports it. For the industry to thrive once again, it will need to lean into this technology as a viable solution for combatting trials on multiple fronts.

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Technology Food Safety Kitchen Safety Online Ordering 52

Crunchtime

OCTOBER 3, 2019

How do your technology partners show that you can trust them? Ultimately, there are a number of questions you should ask, including whether you can scale with the partner's technology or if they'll provide a strong return on investment. Ask for their SSAE 18 documentation.

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Technology Audits Document 2019 63

Hot Schedules

MARCH 11, 2019

As we enter the fourth industrial revolution, there’s a heightened focus on leveraging innovative technology in order to increase their operational advantages in the marketplace. Top Women in Technology. Mary Hamill, VP of Sales Solutions at HotSchedules, earned the Innovator award from the Top Women in Technology in 2018.

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Xtra Chef

JUNE 13, 2019

BDO Restaurant CFO Bootcamp 2019 At-a-Glance. As a CPE-qualified conference for accounting professionals, there were several sessions dedicated to technical accounting topics, such as strategic tax implications for 2019 and best practices around accounting for tip credits so as to avoid potential litigation around back wages.

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Xtra Chef

OCTOBER 23, 2019

Below are some of our take-aways from some of the sessions, keynotes, and events… MUFSO Conference 2019 Golden Chain Award CEO Panel. The session was moderated by Alice Elliot, NRN’s 2019 Norman Award honoree (more on that below). MUFSO Conference 2019 Keynote Speaker, Gary Vaynerchuk. Know your brand value.

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Modern Restaurant Management

FEBRUARY 9, 2021

As we continue to move past the fallout from the pandemic there will be a growing reliance on technology within every aspect of the operation and companies can be ready to take advantage, but they must start now or be left behind.

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Modern Restaurant Management

DECEMBER 20, 2021

Then came the pandemic, and usage rates skyrocketed 750 percent in the last year and a half as restaurants turned to the technology to continue operating safely with contactless service. OpenTable reported a 44 percent growth rate from 2019 to 2021 in the U.S. from 2019 to 2020. in the online food delivery sector. Landing Pages.

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Mobile Ordering Online Ordering Consumer Goods Customer Experience 217

Hot Schedules

OCTOBER 23, 2019

This blog was originally produced for Hospitality Technology. Department of Agriculture reports the cost of food is expected to grow another two to three percent in 2019, it is extremely important that managers are able to nail the process of counting, ordering and producing. Considering that the U.S. Prevent errors.

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Modern Restaurant Management

APRIL 26, 2022

AI has paved a new path for technologies that go beyond the social impact of any other technology. As we approach the front of the house, in 2019, McDonald's began using predictive AI technologies and projecting orders in drive-thrus.

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Front of House Back of House Customer Experience Food Order 185

Chowly

FEBRUARY 23, 2024

Additionally, 47% foresee increased reliance on technology to address labor challenges, while 45% acknowledge the need for more employees to meet rising customer demands. Technology plays a key role, with 76% acknowledging its impact on gaining a competitive edge. The data highlights the financial benefits of technology adoption.

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Modern Restaurant Management

APRIL 13, 2022

Imagine that your restaurant uses 500 onions a week: with this new technology, once you get down to a certain pre-set amount, an automated order request can be sent out to your supplier to ensure that you receive your next shipment before you run out. POS technology can help with labor shortages, supply chain concerns and customer experience.

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Culinary Cues

JUNE 14, 2022

In 2019, over 490,000 of those locations were independent, privately owned businesses. FIVE: The independent neighborhood restaurant needs to accept that the supply chain of 2019 is not likely to return any time soon. Why would I choose to support a locally owned restaurant? 64% of those independent restaurants were “full-service”.

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Fine Dining Food Supply Customer Service Presentation 468

Modern Restaurant Management

OCTOBER 27, 2022

Luckily, QSRs have no shortage of technologies at their disposal to help them achieve the sort of customer personalization that drives profits. Here are some examples of how connectivity technologies are helping QSR brands, like Dunkin’, connect with customers and redefine the dining experience. Enabling Flexible Ordering.

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Modern Restaurant Management

JULY 20, 2023

Like most headline-grabbing technology, artificial intelligence (AI) has its pros and cons. consumers to understand how technology is impacting the drive-thru experience. McDonald’s , for example, started using AI in 2019 at some locations to capture license plate numbers. Our data speaks louder than words.

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Mobile Ordering Technology Customer Service Customer Experience 120

Hot Schedules

MARCH 25, 2019

This blog was originally produced for Hospitality Technology. Department of Agriculture reports the cost of food is expected to grow another two to three percent in 2019, it is extremely important that managers are able to nail the process of counting, ordering and producing. Considering that the U.S. Prevent errors.

Inventory 60

Inventory Management Management Technology 60

Modern Restaurant Management

JULY 20, 2021

Total restaurant visits were down -6 percent in May 2021 compared to May 2019 but were up +23 percent from a year ago, recovering from a -23 percent decline in May 2020. Snack were up this May +8 percent compared to May 2019 and up +3 percent compared to two years ago. Sales velocity is now +27 percent vs July 13, 2019.

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Modern Restaurant Management

JUNE 16, 2023

The Association predicts foodservice will reach $997B in sales this year, a vast increase compared to 2019’s $863B in sales. Similar AI technologies can be helpful for operators who are in need of free or low-cost creative solutions to help them stay competitive.

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Operations Online Ordering Social Media Technology 106

Modern Restaurant Management

MAY 6, 2021

For some business types, at least 33 percent of 2019 gross receipts must have comprised on-site sales to the public. To help with the application process, the SBA has partnered with technology companies that provide software, hardware, and payment services. Calculation 1: Applicant was in operation prior to January 1, 2019.

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Document Food Truck Point of Sale 2019 181

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

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Loyalty Program Online Ordering Cash Management Point of Sale 160

Transact

JANUARY 8, 2020

About TransAct Technologies Incorporated. TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including restaurant solutions, POS automation, casino and gaming, and oil and gas. is a trademark of TRANSACT Technologies Incorporated.

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ChowNow

OCTOBER 26, 2023

Consumers are now 66% more likely to order takeout than they were in 2019, according to the National Restaurant Association. Here we see that technology and innovation features score much higher with derived importance (DI) rankings. On the flip side, restaurants that resist new technologies can see a negative impact.

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Mobile Ordering Customer Experience Influencer Customer Service 97

Modern Restaurant Management

OCTOBER 30, 2020

This figure can go up for management staff, which costs $10,361 on average in 2019. Do you have existing technology that can ease those burdens? In each case, you can program these technologies to show reminders for staff new or old. A recipe viewer can help, and it can likely integrate easily with your existing technology.

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Front of House Point of Sale Technology Back of House 193

Modern Restaurant Management

DECEMBER 20, 2022

Over the past year, brands modified expansion strategies, leaned into new technologies and chose to invest more into their employees to keep up with trends, improve operations, win over customers and embrace company culture. They have added technology throughout the restaurant to offset labor hours. The strong will get stronger.

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2022 Food Supply Point of Sale Dietary Restrictions 187

Modern Restaurant Management

JUNE 24, 2020

According to research done in July 2019 by the Pew Research Center, 26 percent of adults spend the entire day online and 43 percent are online several times during the day. Update Online Ordering Technology. Updated restaurant technology is the key to being a modern, successful establishment.

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