7 Shifts

SEPTEMBER 19, 2019

Inventory management: Monitor and maintain food and beverage stock levels. Marketing and advertising : Market your restaurant to help achieve optimal restaurant capacity (social media and review management included). A high turnover means you now have to recruit, select, and train new candidates, which takes time and costs money.

Management

Modern Restaurant Management

FEBRUARY 5, 2024

Nearly all restaurateurs (98 percent) believe AI will solve some of their staffing challenges, particularly around food prep and delivery management (42 percent), voice ordering technology (41 percent), predictive ordering and inventory management (39 percent), and food prep robots (38 percent).

2024

7 Shifts

JANUARY 31, 2024

Metrics and sheets you'll need to track include cost of goods sold, labor costs, new operating income, profit, and (see below) inventory costs. Inventory management Managers need to ensure the kitchen is stocked with the right amount of food so that nothing is wasted and as few items need to be 86'ed as possible.

Management

Restaurant365

DECEMBER 17, 2019

However, the biggest factor in controlling food costs is improving your inventory management. An accurate inventory management system can not only help you track your restaurant food costs, but also highlight areas of food waste or inefficiencies that you can adjust for lower overall food costs. Rent and Building Fees.

Point of Sale

Restaurant365

JULY 24, 2020

When recruiting for your ghost kitchen, advertise your job openings where job seekers are searching. Control Inventory for Your Virtual Kitchen. Managing your restaurant inventory helps you prevent waste, lower your food cost, and increase your bottom line. Initially, you’ll want to lower stock inventory.

Front of House

Modern Restaurant Management

FEBRUARY 18, 2020

Table stakes today requires a POS system that fully integrates and automates: Inventory management – recipe management and COGS insights. Overall, look for improvements in customer-facing services, integrated payments and comprehensive management features like accounting and inventory. Integration with third party aggregators.

Mobile Ordering

Restaurant365

JANUARY 27, 2022

The ease of making changes to a QR code menu allows you to reduce food waste by adding specials to quickly sell inventory that’s approaching its expiration date. Recruit your staff to help with testing as different smartphones may not provide the same experience. Create Last-minute Specials to Move Perishable Products.

Mobile Ordering

7 Shifts

NOVEMBER 1, 2022

They're people leaders, customer service providers, line cooks, inventory managers, occasional bartenders, public relations reps, number crunchers, and even marketers. Many local restaurants have never touched advertising or social media; they've been the neighborhood's go-to spot for decades. Getting New Customers (Acquisition).

Seating

Modern Restaurant Management

OCTOBER 16, 2019

Increased inventory availability, faster delivery, better data, and constant innovation add value to the entire supply chain. As we join our extraordinary team members together, we will keep innovating to make finding and buying foodservice equipment parts easier than ever.” " Voodoo Doughnut Teams with Big Brothers Big Sisters. .

Food Truck

Lavu

NOVEMBER 1, 2023

Advertising your delivery service on social media, through partnerships, and with targeted ads can help you get and keep more customers. Also, the integration simplifies inventory management, allowing restaurants to keep track of stock levels and avoid any order fulfillment issues. This gives you control over the delivery process.

Delivery

Restaurant365

FEBRUARY 11, 2021

Updated recruiting concepts for retention. Recruiting as a strategy is underused in the restaurant industry. Recruiting is different from hiring. Recruiting is proactively trying to find team members who are a good fit for your restaurant business. Here are the top-level concepts of recruiting to start considering.

Recruiting

Touch Bistro

JULY 4, 2021

are trying everything and the kitchen sink to recruit and retain employees in the face of a labor shortage the likes of which this industry hasn’t seen in decades. Get Creative with Recruitment. Recruitment and retention are two of the restaurant industry’s biggest challenges, even on a good day. Restaurateurs across the U.S.

2021

Apicbase

JUNE 20, 2022

That’s why recruiting from within your existing customer database is an excellent plan. You can also advertise by hanging “always-on” posters in your restaurant and making flyers available at check-out. The wildcard: your customer database. The ideal candidate for your next franchise unit may already be right in front of you.

Recruiting

Restaurant365

APRIL 26, 2022

Turnover costs include the recruitment process, such as placing ads for job listings, as well as the hiring process, like a manager’s time to review applications, coordinate with candidates, and conduct interviews. Champion employee work-life balance. Request a demo of Restaurant365 today.

Hiring

Restaurant365

JUNE 4, 2021

Consider investing in signage in your local area or advertising in local publications. Your AvT measures what inventory you should be using, assuming perfect portions and no mistakes, in contrast to what you are actually using. Your inventory management is another critical part of maintaining an optimized food cost.

Point of Sale

The Restaurant Times

NOVEMBER 30, 2020

Stock and Inventory Process. Most successful franchisors prefer to recruit at least a few employees a month or two before the opening of the new outlet and give them hands-on training at the existing outlets to familiarize the recruits with the level of services expected from them. Marketing and Advertising.

Franchising

The Restaurant Times

JANUARY 18, 2022

Effective marketing, whether through digital platforms, email campaigns, advertising, or other means, makes all the difference in attracting repeat visitors. . To attract local customers, for example, one technique is to use location-based advertising. 5 Restaurant Marketing Strategies To Market Your Restaurant The Right Way .

Marketing

The Restaurant Times

FEBRUARY 18, 2022

Maintaining inventory of groceries and supplies, stocking ingredients, and equipment along with placing the order on your POS (point of sale) software. You can take help from recruiting agencies, professional networking sites, post an advertisement or conduct mouth advertising to hire a desired candidate.

Hiring

Apicbase

JUNE 16, 2023

By regularly tracking his inventory and procurement metrics, Fabio was able to reduce his kitchens’ food costs by 18%. Get a 360-view of your sales & inventory data Adopt restaurant analytics software. Inventory Turnover Ratio This restaurant inventory metric measures how often your business depletes its total inventory.

Point of Sale

Apicbase

APRIL 20, 2022

Data sharing via API ensures that all tech within the restaurant ecosystem is using the same numbers for sales, labour and inventory. Recommended Read : How To Recruit Great Franchisees For Your Restaurant Business (And Keep Them On Board). Also, monitor no-so-obvious KPIs such as food cost variance , inventory turnover and food waste.

Franchising

Modern Restaurant Management

DECEMBER 28, 2020

For example, to level-up the fan experience you can combine first-party transaction data with player stats, weather conditions, and inventory to better predict game-day sales. Combine consumer behavior and advertising trends to unlock opportunities. Alex Karavias, owner of Meraki Greek Bistro and Meraki Coconut Grove.

2021

Restaurant365

JULY 8, 2021

A budget for social media ads, and other localized digital advertising can help kickstart more dine-in sales. Employers are experimenting with how to overcome hiring challenges by using hiring technology and tools and other recruitment tactics. Standing out in a competitive labor field may require you to re-examine your hiring process.

Point of Sale

Modern Restaurant Management

DECEMBER 31, 2019

As such, a big focus in 2020 will be on how to find, recruit and keep team members. We remodeled our stores, changed advertising/marketing strategy and invested in technology for the business to be more efficient and effective. Recruiting Platforms. When it comes to targeting Gen Z, skip the traditional methods of advertisement.

2020