Margin Edge

FEBRUARY 3, 2022

Thanks to having a sales team made up exclusively of former operators, chefs and general managers, with 350+ years’ of collective experience, we’ve picked their brains and come up with a list of six ways restaurants can make a big impact in 2022 based on their experiences and tried-and-true tricks. Track waste. Track key item costs.

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2022 Food Seasonal Menu Waste 98

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%

Inventory 52

Inventory Management Management Food Supply 52

Modern Restaurant Management

DECEMBER 16, 2021

With current supply chain issues and these brands already operating under thin margins, we expect operators to be strategic when it comes to menu sizes, limited offerings and daypart offerings to limit waste, cut costs, and maximize profitability. Six key predictions for 2022 include: A focus on building an agile, resilient supply chain.

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2022 Food Supply Back of House Kitchen Safety 180

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

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.

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2022 Menu Seasonal Menu Pricing 148

Modern Restaurant Management

MAY 2, 2022

Food and labor costs are elevated and expected to remain high in 2022 , negatively impacting restaurants’ profit margins. To maximize your existing resources: Reduce food waste. With prices skyrocketing, restaurants should focus on eliminating food waste. safety, quality, inventory, predictive ordering, etc.)

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Food Safety Food Supply Waste Sustainability 218

Modern Restaurant Management

MAY 19, 2022

percent from March 2021 to March 2022, accounting for the highest inflation rate since December 1981. AvT provides the “why” behind your food cost variance, whether it be shrinkage, waste, breakage of contract prices, etc. Train Staff on the Importance of Restaurant Inventory Control. Track Food Waste.

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Waste Food Supply Point of Sale Inventory 187

Modern Restaurant Management

MARCH 1, 2023

Everything from decreasing food waste to exploring how automation can increase revenue for small business restaurants is related to BOH procedures. They include restaurant management tips for cutting costs, decreasing food waste, and much more. Here are some back of office trends to watch for in 2023.

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Front of House BOH Back of House 2023 171

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

Modern Restaurant Management

FEBRUARY 28, 2024

A well-designed QSR that emphasizes workflow optimization and smart customer flow is poised to stay ahead in a market that surpassed $382 million in 2022, up from the previous year's total of $322.05 There's also a growing momentum towards zero-waste operations that are both environment-friendly and economically sensible.

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Fast Casual Fine Dining Customer Service Casual 117

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. . As the obligation for GST collection and payment was passed to aggregators in January 2022, we should expect more food safety and packaging-related standards to be established and enforced, which should benefit the end-user.

2022 52

2022 Kitchen Safety Food Supply Food Safety 52

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

MARCH 23, 2022

And most operators don’t expect profitability to improve in 2022. One in three expect to be less profitable in 2022. 1. Closely manage your inventory. Restaurant inventory management monitors what ingredients come into your restaurant, what is leaving, and what is left over. Use inventory tracking to reduce waste.

Food 78

Food Waste Inventory Food Order 78

Restaurant Engine

NOVEMBER 24, 2021

If you are purchasing food for items that don’t sell very well, you are probably wasting food. Labeling also helps ensure you use everything in your fridge and don’t waste anything. Train them well and explain to them how important it is to reduce food waste and ultimately food costs. Lower Your Inventory. tweet this).

Food 118

Food Management Management Website Management 118

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.

Food 52

Food Mobile Ordering Inventory Food Supply 52

QSR Automations

MAY 2, 2024

From inventory management to customer engagement, SmartBar USA enhances efficiency, reduces waste, and maximizes profitability. She joined the QSR Automations marketing team in June of 2022 and has been hard at work improving their social media and content ever since.

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Social Media Front of House Innovation Technology 64

Modern Restaurant Management

OCTOBER 18, 2022

The EV market experienced explosive growth in 2021, which is projected to continue into 2022. Are you minimizing waste (and associated costs)? Tech tools can help boost efficiency, reduce waste, staff smarter, as well as improve inventory, ordering, inspections, and more. In January, Tesla reported $5.5

Audits 189

Audits 2040 Food Safety Consumer Goods 189

Hot Schedules

JANUARY 12, 2022

Trend 3: Tightly control inventory. Micromanaging inventory through a centralized purchasing system reduces waste and ensures supply costs remain at a minimum. Read More Minimum Wage Updates: January 2022 New year, new compliance updates. Read More Minimum Wage Updates: January 2022 New year, new compliance updates.

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Back of House Employee Relations POS Government 147

The Restaurant Group

DECEMBER 24, 2022

Food and Beverage Trends Eating plant-based foods while enjoying live music sparked joy in 2022. You can expect restaurant trends for 2023 to lean towards globally-inspired cuisines and comfort food and drinks at their finest, with a particular focus on zero waste and sustainability. Want to learn more about it?

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2023 Beverage Food Waste 78

Notch

MARCH 17, 2022

And as we begin to return to post-pandemic life, 2022 has been predicted to be the year of the sustainability revival. In only the first quarter of the year, major hospitality leaders, like Marriott Hotels have cited sustainable packaging as a goal for 2022. And, paper also makes up 26% of landfill waste. Green Star Restaurant.

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Sustainability Operations Seasonal Menu Compost 52

Modern Restaurant Management

DECEMBER 21, 2022

Slow movers tie up inventory -and the cash needed to by that inventory. Digital and mobile ordering isn’t going anywhere, but with the world’s full return-to-normalcy in 2022, we can expect to see consumer behaviors continue to the ease of online ordering with in-store pick-up and visitation.

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2023 Loyalty Program Mobile Ordering Customer Experience 197

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%. You can optimize food usage and reduce waste. Casual dining – 28%. Fine dining – 28%.

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Technology Dietary Restrictions Back of House Front of House 78

Open for Business

MAY 19, 2023

Inventory management software updates stock levels based on POS data on what guests order. They can even be set to trigger an automatic reorder when inventory drops below par. With the promise of lower labor costs, less waste, more effective marketing, and a better guest experience, it’s easy to see why. At the upcoming St.

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2023 Hospitality Loyalty Program Email Marketing 78

Restaurant365

JANUARY 7, 2022

Yet, unfortunately, it looks as if we are to have another winter season of adjustments ahead with the Omnicron variant predicted to peak in the United States in January of 2022. It is hard to believe that it has been almost two years of restaurants adjusting operations due to COVID-19. Consider limiting dining times.

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Outdoor Seasonal Menu Point of Sale Dine-in 148

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

NOVEMBER 28, 2022

Recommended reading : Restaurant Analytics Software — Get a 360-view of your sales, inventory, procurement and food cost data. Unfortunately, that makes inventory management and purchasing much more complex and time-consuming. In addition, Apicbase enables you to register waste events. Example: food traceability with Apicbase.

Tip Distribution 52

Tip Distribution Kitchen Safety Food Supply Food Safety 52

The Rail

JULY 19, 2022

Restaurant automation solutions, for functions like stock and inventory, order processing, or CRM. That trend is predicted to account for 11% of total restaurant industry sales by 2022 as indicated in the chart below. In fact, there are strong indications that dining out is making a strong comeback in 2022.

Online Ordering 52

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 189

Get Beyond

OCTOBER 24, 2023

In 2022, an estimated 51 million shoppers participated in the event. Eye up your inventory You can’t beat all your sales goals if you don’t have the inventory ready. Since you put in all the effort for a special occasion, don’t let that great content go to waste. Small Business Saturday isn’t just a day on the calendar.

Small Business 52

Small Business 2023 Social Media Customer Experience 52

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 types of inventory management systems should we introduce to reduce waste? while labor cost was growing at 3.8%

Innovation 59

Innovation 2022 Pricing Food Supply 59

Apicbase

AUGUST 25, 2023

Mastering new technological skills is, indeed, a crucial part of digital transformation, as highlighted by Tsedal Neeley and Paul Leonardi in their May 2022 Harvard Business Review article, Developing a Digital Mindset. Tools like Apicbase, for instance, offer support in areas like recipe costing, allergen management, and inventory control.

Cash Management 52

Cash Management Technology Front of House Allergens 52

The Restaurant Times

MARCH 6, 2023

In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. trillion in revenue due to food waste by 2030. It is well known that the hospitality sector has lower profit margins than other market segments.

Food Truck 52

Food Truck Point of Sale Employee Relations Equipment 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 128

Restaurant Engine

OCTOBER 27, 2021

Control your restaurant spending to propel your restaurant growth in 2022. In this article, we look at seven tips to control restaurant spending in 2022. #1: 1: Manage and Track Your Inventory. One of the biggest reasons restaurants have trouble controlling spending is they don’t have a handle on their inventory.

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2022 Website Management Inventory Waste 90

The Restaurant Times

AUGUST 5, 2022

Here are some trends you should keep an eye out for in 2022: . Efficient Supply Chain: Figuring out ways to organize the supply chain and stock inventory is one of the most crucial aspects for a cloud kitchen firm. The post Cloud Kitchen Trends To Look Forward To In 2022 appeared first on The Restaurant Times. But is that it?

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2022 Food Supply Customer Service Online Ordering 52

7 Shifts

MARCH 10, 2022

In 2022, there aren't many areas in restaurant management that can't be made better with technology. Their impressive list of features also includes the ability to make real-time menu and inventory changes and to split bills - a task that often produces splitting headaches - with ease. Team Communication. Apple | Android.

Management 195

Management Management Operations Point of Sale 195

The Restaurant Times

AUGUST 30, 2022

A restaurant POS system helps you manage everything from inventory to staff members, easing out a lot of the complexities involved in running a restaurant business. It allows you to manage sales, inventory, supply chain, production, orders, kitchen operations, staff, and customers with the help of a digital interface of the software.

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POS 2022 Point of Sale Mobile Ordering 52