Remove 2030 Remove Franchising Remove Inventory Remove Waste
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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 billion by 2030. billion by 2030. Toast , 2023) 58% of operators said that rising inventory costs was their number one source of financial strain in 2023. Restaurant sales in the US grew from $842.3 decline from 2022.

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3 Reasons why it’s Time to Upgrade to Restaurant Cloud POS Software

Focus POS

This trend will likely continue for the next decade and by 2030, the Association expects the industry to fully integrate with technology that focuses on mobility, ease of use, and heightened security. By 2030, mobility will not be optional. After the meal ends, a server can process payments at the table using the mobile POS terminal.

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Ultimate Grubhub, Red Lobster Catering and Parts in Town

Modern Restaurant Management

The Institute of Culinary Education (ICE) developed a new Beverage Studies program with three in-depth courses covering fluency in tasting and serving, effective team and inventory management, and increased professionalism to achieve success in the beverage sector of culinary and hospitality businesses.

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85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023

Apicbase

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
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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

Technology-enabled franchises are better positioned to continually evolve to meet guests’ changing expectations. Table stakes today requires a POS system that fully integrates and automates: Inventory management – recipe management and COGS insights. Rom Krupp, Founder & CEO of OneDine.