Modern Restaurant Management

DECEMBER 28, 2023

Moreover, predictive analytics and machine learning algorithms are being utilized for demand forecasting, effectively minimizing food waste and optimizing inventory management. The adoption of AI is more than a passing trend and represents a step towards creating a more efficient and sustainable future for the restaurant industry.

2024 123

2024 Dietary Restrictions Customer Experience Customer Service 123

Modern Restaurant Management

APRIL 10, 2024

But if last year was any indicator, restaurant operators are on the road to relief in 2024. In 2024, we expect these trends to shape the restaurant sector. In 2024, restaurants should make the dining-out experience worth the price tag. And despite warnings of an imminent recession at the end of 2022, the U.S. Coffee in 2023.

2023 196

2023 2024 Loyalty Program Point of Sale 196

Modern Restaurant Management

DECEMBER 26, 2023

Technology Integration – Restaurants leveraged AI, IoT, 5G, and quantum computing to optimize operations, enhance inventory management, streamline supply chains, improve food safety, and more. These initiatives aligned with the broader sustainability movement and demonstrated a commitment to responsible business practices.

Dietary Restrictions 123

Dietary Restrictions Food Safety Food Supply 2024 123

OneDine

JANUARY 9, 2024

With the onset of 2024, there’s no better time for restaurateurs to embrace innovative technological advancements to streamline operations, enhance customer experiences, and stay ahead in a competitive market. In 2024, we can expect a surge in the use of QR codes for menu browsing, ordering, and payment processing.

2024 52

2024 Technology Customer Experience Customer Service 52

Clover - Restaurants

JULY 5, 2024

Luckily in 2024, the U.S. Whether you’re interested in quick service or full service , this guide will help you navigate the 15 most profitable restaurant types to open in 2024 based on data. Here are some of the most profitable QSR restaurants to open in 2024: 1.

2024 52

2024 Food Truck Fast Casual Fine Dining 52

Squirrel Systems

FEBRUARY 16, 2024

As we settle into 2024, the restaurant industry stands on the cusp of transformative changes, shaped by evolving consumer preferences, sustainability concerns, and a relentless pace of technological innovation.

2024 52

2024 Technology Menu Mobile Ordering 52

Mad Mobile

JANUARY 23, 2024

The retail trends and predictions of 2024 include the following: Hybrid seamless shopping is here to stay Retailers improve efficiency with AI Gen Z and Alpha are reshaping retail commerce Resale boom Optimizing fulfillment 1. With predictive AI, you can analyze vast datasets and forecast future trends.

Retail 52

Retail 2024 Social Media Online Ordering 52

Apicbase

JULY 22, 2024

The corporate catering sector faces a host of challenges, including labour shortages and the Herculean task of making the supply chain more sustainable. There is more remote work, sustainability has become essential for business, and competition from food delivery services, local restaurants, and retail is fierce.

Catering 52

Catering Sustainability Technology Employee Relations 52

Modern Restaurant Management

DECEMBER 21, 2023

In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists.

2023 123

2023 Insurance 2024 Employee Relations 123

Modern Restaurant Management

AUGUST 16, 2023

POS systems offer a multitude of benefits for businesses, including: Streamlined operations by automating various tasks such as sales transactions, inventory management and reporting. Enhanced accuracy through minimized human errors in order processing and inventory tracking.

Loyalty Program 167

Loyalty Program Mobile Ordering Dietary Restrictions Customer Experience 167

Modern Restaurant Management

JANUARY 2, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. Just as the transition to renewables and electric vehicles has thrived on collaborative efforts, we foresee more collaboration for the cultivated meat industry in 2024.

2024 197

2024 Fast Casual Food Safety Insurance 197

Modern Restaurant Management

DECEMBER 28, 2021

For the restaurant industry, the disruptions of a broken supply chain can eliminate key ingredients from inventory, which then force locations to remove items from menus temporarily, or indefinitely. Lower overhead, limited labor requirements, and a sustainable, stable supply chain. are the fast-casual franchise model of the future.

Franchising 196

Franchising Franchise 2022 Fast Casual 196

Apicbase

SEPTEMBER 12, 2024

The reports give you a clearer view of your company’s environmental impact and are a key step toward sustainability. This type of reporting is required under the Corporate Sustainability Reporting Directive (CSRD) , an EU law that standardises sustainability reporting for businesses in the EU.

Operations 52

Operations Transportation Food Supply Sustainability 52

7 Shifts

JULY 25, 2024

With an expected annual growth rate of 4.57% from 2024 to 2029, meal kits provide an opportunity to increase revenue and reach more customers. Additionally, catering large events can help you manage your inventory more efficiently, reducing food waste and maximizing profit. Combos also help manage inventory and cut down on food waste.

2024 243

2024 Loyalty Program Point of Sale Online Ordering 243

Apicbase

FEBRUARY 29, 2024

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in.

2024 52

2024 Operations 2023 Loyalty Program 52

Modern Restaurant Management

SEPTEMBER 8, 2022

Industry-wide compliance is expected by the end of 2024. In many industries, GS1 Standards are already being implemented to enable granular traceability as well as improving supply chain efficiencies and inventory management. A data-rich 2D barcode makes all this information available with a simple scan.

Food Safety 189

Food Safety Operations Food Supply Food 189

Modern Restaurant Management

DECEMBER 19, 2023

” Throughout 2023, we’ve seen our guests approach value holistically, and we believe this will only continue into 2024. We’re focused on providing an amazing experience and consistent value in every aspect of a Portillo’s visit, and that remains a priority for us as we head into 2024.

2023 117

2023 Front of House Customer Experience Customer Service 117

Apicbase

JULY 17, 2024

According to the 2024 State of the Restaurant Industry Report , 60% of restaurants have shopped for new suppliers to save costs. Determining Demand : Use historical sales data and inventory levels to forecast and determine the necessary quantities of ingredients and supplies.

Operations 52

Operations Food Supply Inventory Supplies 52

Apicbase

JUNE 12, 2024

The National Restaurant Association’s Restaurant Technology Landscape report 2024 finds that 76% of operators say using technology gives them a competitive edge. Advanced inventory management systems, such as Apicbase, ensure your restaurants stay stocked, and food costs are under control.

Technology 52

Technology Operations Point of Sale Online Ordering 52

Apicbase

JANUARY 13, 2023

With smart food ordering — meaning leveraging tech for inventory management and vendor selection — operators can cut down on food waste by 80%. The benefit is even bigger for inventory management — 91% say that automation around inventory/item availability would help them streamline processes and fill business gaps.

2023 52

2023 Operations Management Management 52

Modern Restaurant Management

FEBRUARY 1, 2021

“What’s incontrovertible is that the 2021 Customer Loyalty Engagement Index confirms brands that best meet consumers’ expectations, and are capable of sustaining emotionally engaging relationships, always see enhanced loyalty – and the market share and profits that come with it,” added Passikoff.

2021 133

2021 Point of Sale Guest Recovery Travel 133

Modern Restaurant Management

DECEMBER 31, 2019

They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. percent by 2024, and 2020 will be a catalyst year that could drive that number up. Sustainability extends into the kitchen with food waste.

2020 138

2020 Kitchen Safety Consumer Goods Point of Sale 138

Perfect Daily Grind

JANUARY 13, 2023

The new interactive platform allows users to search for coffee shops, roasters, and other initiatives which are working to improve sustainability in the coffee sector. The Barista League to host 12 events in 2023 with additional event announced for January 2024. Heylo Coffee launches Less Guilty Coffee Map. Wed, 11 Jan.

2023 142

2023 Events Website Management Leadership 142