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2023 Outlook: Trends and Challenges Restaurants Will See, Part Two

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. In 2023, we can anticipate businesses really focusing in on value and doing what they can to attract and retain both employees and guests. For part one, click here.

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Why 2023 is the “Year of Efficiency” for Restaurants

Qu

That’s why we’re dubbing 2023 The Year of Efficiency. It’s ripe for innovation, consolidation, and unification—all in service to greater efficiencies. Sadly, the tower of technology tools is stacked so high that managing the entire system has become burdensome (and exhausting ). The industry has reached a turning point.

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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. In 2024, the restaurant industry will witness a technological transformation driven by innovations like AI and contactless solutions, while also grappling with data privacy concerns.

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MRM at Five: What Issues Have Impacted Restaurants?

Modern Restaurant Management

Tableside ordering via tablets, tableside payment, POS systems designed with mobility and flexibility in mind have dominated the market growing out of the fast casual. What issues have affected the industry over the last five years in the topics of marketing, design, operations, law, finance, technology and equipment?

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Digital on the Surface, Dated at the Core: Why Your Restaurant’s Digital Transformation Is Missing the Mark  

Apicbase

According to The National Restaurant Association’s 2023 State of the Restaurant Industry report , 90% of restaurant operators view inflation as a significant hurdle. According to The National Restaurant Association’s 2023 State of the Restaurant Industry report , 90% of restaurant operators view inflation as a significant hurdle.

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Why And How Should You Integrate Automated Order Taking In Your Restaurant?

The Restaurant Times

Automation is the key to unlocking greater productivity and innovation, freeing up humans to focus on higher-level work and creative endeavors. And automated order taking, well, it is going to be one of the top trends in the restaurant industry in 2023. . But why should you automate order taking when everything is working fine for you?

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What is a Ghost Kitchen? Winning Models, Trends, and Opportunities

Apicbase

According to Statista , in 2023, the revenue of online food delivery was estimated at over $1 trillion, and it is expected to hold a 50% share of the drive-thru and takeaway food service markets by 2030. Every few months, a media article declares the death of ghost kitchens as a viable business model. That is not too bad for a dying sector.