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. The market is projected to experience a 16.3%

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Inventory Management Management Food Supply 52

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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2022 Cash Management Point of Sale Inventory 78

The Restaurant Times

FEBRUARY 14, 2022

Growing demand has triggered technological advances in the foodservice industry. 4 Cloud Kitchen Trends To Look For In 2022. Here are some cloud kitchen trends to look for in 2022. . To keep costs low, large Cloud Kitchen operators will continue to establish solid supply chains and use technology to automate kitchens.

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2022 Kitchen Safety Food Supply Food Safety 52

QSR Automations

MAY 2, 2024

In this realm of precision, technology is a game-changer, it can revolutionize the way bars operate and enhance the customer experience. The landscape of kitchen tech is lush, and it’s never been a better time to invest in kitchen technology!

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Social Media Front of House Innovation Technology 64

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

Hot Schedules

JANUARY 12, 2022

Yet the rewards for adopting the right technology pay massive dividends across the organization. Empowering these teams with the right technology has a cascading effect that allows managers to fully staff shifts and fully realize possible revenues. Trend 3: Tightly control inventory. b3lineicon|b3icon-browser-columns|?

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Back of House Employee Relations POS Government 147

MadMobile

AUGUST 5, 2022

In early 2022, gas prices skyrocketed. In mid-2022, inflation rose by 8% from the previous year. With food inflation and insecurity being at an all-time high, restaurants have a financial incentive and a duty to reduce food costs and waste. Example of a bad food costs goal: Cut inventory costs. You need to be proactive.

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Food Mobile Ordering Inventory Food Supply 52

Open for Business

MAY 19, 2023

As guest preferences change and new developments in technology come out, keeping up to date can help you in several key ways. First of all, making the most of technology can boost your bottom line by helping you do more with less without compromising hospitality. Some restaurants are literally bringing the farm to guests’ tables.

2023 78

2023 Hospitality Loyalty Program Email Marketing 78

Apicbase

AUGUST 25, 2023

Digitisation is more than introducing new technology; it requires a digital mindset – a new way of thinking that changes how restaurants operate. Hospitality is expanding through technology. To navigate these challenges, many are turning to technology as a solution to boost revenue and reduce costs.

Cash Management 52

Cash Management Technology Front of House Allergens 52

Apicbase

NOVEMBER 28, 2022

How technology can help you meet traceability requirements. Recommended reading : Restaurant Analytics Software — Get a 360-view of your sales, inventory, procurement and food cost data. How Technology Helps You Meet Traceability Requirements. That’s where technology comes in. Types of traceability. Conclusion.

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Tip Distribution Kitchen Safety Food Supply Food Safety 52

The Rail

JULY 19, 2022

By Katie Sullivan, Contributor The restaurant industry has changed dramatically over the past few years largely due to factors like new technology, external influences (e.g. 1 - Technology. These technologies improve customer service and streamline restaurant processes making them more efficient. or front of the house (e.g.

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Online Ordering Front of House Food Supply Back of House 52

Modern Restaurant Management

DECEMBER 14, 2021

Modern Restaurant Manaagement (MRM) magazine asked restaurant industry insiders to discuss the key challenges they believe restaurants will face in 2022. Restaurants will continue to grapple with labor shortages and supply chain disruptions throughout 2022. Supply chain : Supply chain issues will be a key challenge in 2022.

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2022 Food Supply Mobile Ordering Customer Experience 186

Aaron Allen & Associates

JULY 14, 2022

As of May 2022, the YOY growth in restaurant prices reached a record 7.4%, but labor costs grew by 10.1% in 2022 in only four months) while restaurant inflation (menu price increases) averaged 6.8%. What equipment and technology can we use to improve performance/visibility? while labor cost was growing at 3.8% and food at 5.0%).

Innovation 59

Innovation 2022 Pricing Food Supply 59

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming the rising cost of food. 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. Automate manual restaurant inventory processes. from a year ago.

Inventory 15

Inventory Management Management Food 15

Apicbase

FEBRUARY 29, 2024

Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. million in 2022, to $1,087 million in 2023. It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 decline from 2022.

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2024 Operations 2023 Loyalty Program 52

EATER

SEPTEMBER 20, 2023

Dynamic pricing is not new; for decades, the airline, fashion, and hospitality industries have all found that dynamic pricing — the incremental adjustments to prices to reflect inventory, demand, and supply — has helped companies cut waste and save money. Meanwhile, roughly 25 percent of adults reported food insecurity in 2022.

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Waste Pricing Airlines Food 132

7 Shifts

MARCH 10, 2022

Restaurant technology has revolutionized the way that restaurants are managed - replacing arduous and tedious task management with efficiency, automation, and clarity. In 2022, there aren't many areas in restaurant management that can't be made better with technology. Team Communication. Apple | Android.

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Management Management Operations Point of Sale 195

Apicbase

JANUARY 13, 2023

The F&B industry grew in 2022… and it will keep growing in 2023. OUR TOP 10 In 2022, 31% of restaurants cut the number of menu items on offer to deal with the inflation and rising food costs. Most operators have reduced the number of vendors they work with from 7 to 3 (leading to improved inventory visibility and management.

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2023 Operations Management Management 52

Restaurant365

FEBRUARY 18, 2022

According to the National Restaurant Association’s recently published State of the Restaurant Industry, the percentage breakdown of operators who plan on investing in back-of-the-house technology in 2022 are as follows: Family dining – 30%. We know that it takes more than technology to run a successful restaurant.

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Technology Dietary Restrictions Back of House Front of House 78

The Restaurant Times

AUGUST 5, 2022

The service is provided by delivery personnel, and modern businesses frequently rely on technology, usually in the form of an app. . Increased Efficiency: A cloud kitchen simplifies the execution of to-go orders by offering an experience specifically suited to food delivery – from tools and processes to custom-built rooms and technology.

2022 52

2022 Food Supply Customer Service Online Ordering 52

The Restaurant Times

AUGUST 30, 2022

As a restaurateur, if you wish to beat the competition, you need to invest in modern business technology to help you differentiate yourself from others. One such new-age technology is the restaurant point of sale (POS) system. With the advancement in technology, the scope for restaurant POS systems has become quite widespread.

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POS 2022 Point of Sale Mobile Ordering 52

Modern Restaurant Management

MARCH 24, 2020

The company has no debt maturing until fiscal 2022 and is actively working to explore additional financing opportunities if needed. FoodMaven is temporarily opening its inventory to consumers this week to support food security in Colorado communities. Melt Shop is doing all it can to ensure those hard workers keep their positions.

Food Supply 89

Food Supply Kitchen Safety Cash Management Food Safety 89

Modern Restaurant Management

FEBRUARY 1, 2021

Other driving factors include increasing internet penetration, growing transactions through ecommerce, and increasing advancements in technologies. With travel demand continuing to lag normal levels, national and state projections for 2021 show a slow rebound for the industry and then accelerating in 2022. Consumers Like Wine.

2021 128

2021 Point of Sale Guest Recovery Travel 128

Modern Restaurant Management

MAY 7, 2021

On the ordering side, the brand improved its signage for to-go orders and is also planning to leverage technology with the rollout of a new online ordering system. The first of the three new restaurants is slated to open in Jacksonville in spring of 2022. Chris Dull. and worldwide.

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Franchise Franchising Sustainability Fast Casual 167