Modern Restaurant Management

DECEMBER 18, 2023

A Look Back at 2023 To gauge the state of the restaurant industry, including the industry’s most pertinent worries around food and labor costs, Restaurant365 conducted a survey of over 730 customers representing 14,000+ locations in December 2022 and again in September 2023.

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Modern Restaurant Management

DECEMBER 28, 2021

Many brands were able to turn a profit from the lockdowns and social distancing orders by shifting operations toward drive-thru, delivery, pick-up, and curbside models. Today, operating a restaurant can seem more like a game of whack-a-mole than the running of a profitable business. are the fast-casual franchise model of the future.

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Franchise Franchising 2022 Fast Casual 182

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. Many analysts see the rising inflation trend lasting minimally through the first half of the year, with rates not expected to moderate or improve until the second half of 2022. Integrate restaurant inventory management with your POS system.

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Inventory Pricing Management Management 148

Restaurant365

JANUARY 13, 2022

As we end 2021 and consider the vast increase in takeout, comfort food, and overconsumption of alcohol that took place during the throws of the pandemic, many of us are resolved to doing better in 2022. Below are our 7 guest preference predictions for 2022. The local food movement can be a win-win for patrons and operators.

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Modern Restaurant Management

DECEMBER 16, 2021

Additionally, as a result of the ongoing labor shortage, we anticipate more automated chatbots to support on-site team members and help streamline their work as well as operators looking for locations with smaller dine-in square footage in favor of adding more drive-thru lanes.

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Modern Restaurant Management

MARCH 28, 2022

Let’s look at some of the challenges facing the industry and how changing trends are helping operators work toward a brighter future. To meet this evolution, restaurant operators are investing in new and reimagined spaces. How is technology shaping the future of restaurants and giving brands a competitive edge?

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Restaurant365

FEBRUARY 8, 2022

Restaurant forecasting is so critical, especially now when 2022 could possibly be as unpredictable as 2020 and 2021. Forecasting implications affect inventory and labor spending, so you must forecast to accurately predict what your labor cost is going to be and what your restaurant inventories are going to look like.

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Modern Restaurant Management

JANUARY 25, 2022

Thinking Strategically in 2022. I’ve been in this industry 30 years, but have never seen the constant bombardment of challenges that we’re faced with daily—staffing shortages, price increases, inventory problems, etc. If you’re like most restaurateurs, you have big ideas for making improvements in 2022.

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Modern Restaurant Management

OCTOBER 21, 2022

Rapid inclination of restaurateurs to adopt POS software for better management of operations will complement the restaurant POS terminals market by 2027. The advent of cloud technology has majorly driven the development of advanced cloud-based POS systems that can facilitate online ordering, inventory management, and digital payments.

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POS Marketing Point of Sale Cash Management 164

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. CAGR from 2023 to 2030.

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The Restaurant Times

FEBRUARY 22, 2022

The labour shortfall and supply chain constraints that plagued 2021 have persisted into 2022. These difficulties are producing instability, forcing operators to cut costs and find new niches. Popular Restaurant Start-Up Trends 2022. Here are 3 restaurant startup trends to keep in mind in 2022.

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Restaurant365

FEBRUARY 25, 2022

According to the 2022 survey produced in partnership with the National Restaurant Association and the American Culinary Federation, the top 5 regions expected to influence American menus in 2022 are: Southeast Asian (Vietnamese, Singaporean, Filipino). 5 International Flavors to Add to Your Menu in 2022. Start Small.

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Restaurant365

JANUARY 13, 2022

As we end 2021 and consider the vast increase in takeout, comfort food, and overconsumption of alcohol that took place during the throes of the pandemic, many of us are resolved to doing better in 2022. Below are our 7 guest preference predictions for 2022. The local food movement can be a win-win for patrons and operators.

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2022 Compost Recycling White Paper 78

The Restaurant Times

AUGUST 26, 2022

Whether you are the owner of a fine dining restaurant, quick-service restaurant, food truck, or coffee shop, you will need restaurant management apps to streamline your business operations and unlock potential revenue in 2022. It makes your day-to-day restaurant operations immensely easy and creates a much better customer experience.

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2022 Management Management Loyalty Program 69

Margin Edge

FEBRUARY 3, 2022

With all that in mind, now more than ever, restaurants are looking for ways to lower food costs that don’t take up too much time or too many resources from already stretched thin operations. Take consistent inventories. Take Consistent Inventories (We Know, We’re Sorry). 6 Ways to Reduce Food Costs. Track waste.

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2022 Food Seasonal Menu Waste 98

Restaurant365

FEBRUARY 15, 2022

If your forecasts are off and you understaff or under order inventory, it negatively impacts the guest experience, and ultimately the bottom line when you lose business as a result, or your managers are forced to comp meals to compensate for poor service. Restaurant forecasting for inventory. How to forecast restaurant sales.

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Modern Restaurant Management

JANUARY 18, 2023

If 2020 and 2021 were all about helping operators find new revenue streams to reach guests when they couldn’t come into restaurants, then 2022 was all about getting customers back in. To meet their expectations, operators can use detailed, data-driven guest profiles. Personalization with Data.

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2023 Guest Recovery Email Marketing Front of House 184

Modern Restaurant Management

MAY 15, 2023

Today, the global food delivery app industry is predicted to reach $320 billion by 2029 — up from $140 billion in 2022. Here are five ways to enhance your restaurant’s takeout and delivery operations to improve customer experience and open the door to more profit. Consumers crave convenience.

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Customer Experience Delivery Loyalty Program Mobile Ordering 191

Modern Restaurant Management

APRIL 11, 2024

To embrace the opportunities of the new year, restaurants should prioritize three key resolutions: embracing new customer experiences, emphasizing sustainability initiatives, and revisiting fundamental aspects of their operations. Comparatively, 48 percent intend to automate additional on-premise functions (previously 41 percent in 2022).

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2024 Customer Experience Compost Loyalty Program 106

The Restaurant Times

FEBRUARY 14, 2022

4 Cloud Kitchen Trends To Look For In 2022. Here are some cloud kitchen trends to look for in 2022. . When compared to a dine-in restaurant, the concept has numerous advantages: it reduces rentals, takes less capital investment to set up, and requires fewer staff and overhead costs to operate. Streamlined Supply Chain .

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2022 Kitchen Safety Food Supply Food Safety 52

Modern Restaurant Management

FEBRUARY 28, 2024

Whether it's the utilization of AI-driven analytics to elevate menu design or the precision of robotics transforming kitchen operations, a new era in dining is taking shape. There's also a growing momentum towards zero-waste operations that are both environment-friendly and economically sensible.

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Modern Restaurant Management

MARCH 21, 2024

This means lower interest rates for businesses financing inventory and investing in expansion. Unemployment has remained low throughout this tightening cycle and while wages rose in 2023, wage increases were more muted compared to 2022. small businesses in driving economic growth.

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Modern Restaurant Management

MAY 2, 2022

Food and labor costs are elevated and expected to remain high in 2022 , negatively impacting restaurants’ profit margins. Additionally, supply chain disruptions remain a huge problem, with 96 percent of restaurant operators saying they experienced supply delays or shortages last year. Use what you have. in one tech stack.

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Food Safety Food Supply Waste Sustainability 210

ChefMod

OCTOBER 20, 2021

Pundits predict a surging demand in consumption in 2022 but also shrinking corporate pool as most people work from home. Here are some bulletproof ways to streamline operations in a catering business to cope with changing market dynamics. With the government banning in-house dining, savvy eateries quickly pivoted their operations.

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Catering 2022 Pricing Food Supply 52

Modern Restaurant Management

FEBRUARY 28, 2023

According to the National Restaurant Association’s 2022 State of the Restaurant Industry Report , 50 percent of operators for both full-service and quick-service restaurants said that recruiting and retaining employees was their top challenge. The list of ongoing operational tasks for running a restaurant is extremely complex.

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Management Management Food Safety Communication 190

Sling

AUGUST 9, 2023

Article Updated Date Top 12 Hotel Management Software Solutions for 2023 August 2023 How To Open a Restaurant: A Step-by-Step Guide August 2023 How To Increase Restaurant Profit Margin: A Complete Guide August 2023 Top 10 Medical Scheduling Software Tools for 2023 August 2023 The 16 Best Free Work Schedule Maker Tools In 2023 August 2023 15 Best Employee (..)

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Modern Restaurant Management

DECEMBER 29, 2023

However, our industry still is an attractive space for well-suited technologies, improving efficiencies at every level of the restaurant from inventory to customer service. Both limited-service restaurants (61 percent) and full-service eateries (63 percent) are challenged to accommodate guests while operating with fewer employees.

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ChefMod

OCTOBER 13, 2021

And the supply chain issues are expected to spill over into 2022 and beyond. Dig in as we explore restaurant supply chains and the challenges you’re likely to encounter in 2022. And the supply chain issues are expected to spill over into 2022 and beyond.

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Supplies 2022 Food Truck Food Supply 52

Restaurant365

DECEMBER 16, 2021

Through our relentless focus on customer success and product innovation, we have become the trusted technology leader that operators lean on during this time of resurgence. We are committed to help restaurants perform on the highest levels throughout 2022 and beyond.” . Industry Recognition. About Restaurant365 ®.

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Operations 2021 Webinar Innovation 60

Modern Restaurant Management

MAY 19, 2022

Neck and neck with the labor shortage, inflation has recently become a huge issue that operators are forced to combat. percent from March 2021 to March 2022, accounting for the highest inflation rate since December 1981. Train Staff on the Importance of Restaurant Inventory Control.

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Waste Food Supply Point of Sale Inventory 165

The Restaurant Times

FEBRUARY 19, 2022

As a result, rather than adopting a POS system built for general restaurant use, most pizza entrepreneurs would be better off investing in POS software with capabilities created exclusively for a pizza operation. Inventory Management. The post How To Choose Best Pizza POS Software In 2022 appeared first on The Restaurant Times.

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POS 2022 Loyalty Program Point of Sale 52

Modern Restaurant Management

DECEMBER 21, 2022

In terms of trends, it is clear that in 2023 technology will continue to shape and enhance the restaurant industry and we will see operators adopting new technologies to create an even more seamless and frictionless experience for guests, while still maintaining unique and engaging dining experiences. For part one, click here.

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2023 Loyalty Program Mobile Ordering Customer Experience 193

Modern Restaurant Management

AUGUST 17, 2022

The majority of restaurant operators expect the restaurant staffing shortage to extend into 2023 or later, according to the National Restaurant Association’s 2022 State of the Industry Report. If a restaurant operator says “no” because they sincerely do not have any more time to give, people will understand.

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Management Management Mobile Ordering 2023 184

Modern Restaurant Management

MARCH 14, 2024

” If your busy pizzeria or pizza chain faces challenges like incorrect online hours or out of stock inventory resulting in the “internal issues” cancellation reason, consider utilizing a menu management tool to update your hours and menu across all online platforms from one place. percent of total order cancellations.

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Online Ordering Cash Management 2023 Inventory 106

Lavu

NOVEMBER 10, 2022

Restaurant automation is the use of software and processes to simplify and automate repetitive operational tasks. Restaurants can use automation tools to streamline tasks and rely less on staff, which can lead to more efficient, speedy, and accurate operations. But, you can automate inventory monitoring too.

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Employee Relations Fast Casual Inventory Point of Sale 78

Restaurant365

MARCH 23, 2022

Customized forecasting based on historical data helps you improve restaurant operations by reducing food costs over time. After two years of pandemic impact, it has become even more of a struggle for many operators now battling rising food costs as well. And most operators don’t expect profitability to improve in 2022.

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Food Waste Inventory Food Order 78

Hot Schedules

JANUARY 12, 2022

Here are four trends you need to be aware of, which will drive topline revenue, operational efficiency, and reduced costs. Trend 3: Tightly control inventory. Micromanaging inventory through a centralized purchasing system reduces waste and ensures supply costs remain at a minimum. b3lineicon|b3icon-browser-columns|?|Browser

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Back of House Employee Relations POS Government 147