Remove Article Remove Food Order Remove Inventory Remove Menu
article thumbnail

15 Restaurant Metrics to Know and How To Use Them

7 Shifts

In this article, we'll go into 15 key performance indicators for restaurants, why they're important, how to calculate them, and more. Food cost percentage. Inventory turnover ratio. Ideal menu price. To put it simply, your cost of goods sold is how much it costs you to produce a menu item. Food Cost Percentage.

article thumbnail

Demand Forecasting in Restaurants: Unlocking Efficiency and Savings in Procurement and Inventory Management

Apicbase

Managing inventory and supplier ordering is like juggling flaming torches while riding a unicycle (which also happens to be on fire). Demand forecasting for restaurants puts out the flames, takes the guesswork out of purchase orders and streamlines the supply chain. What are the benefits of demand forecasting in food service?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Navigating the Future Plate: 2024 Restaurant and Menu Trends and the Role of Technology

Squirrel Systems

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully. Experiential Dining The dining experience is becoming as important as the food itself.

2024 52
article thumbnail

What Can I Do to Reduce My Restaurant Supply and Labor Costs?

Modern Restaurant Management

Why should you and your staff spend hours counting inventory, auditing invoices, and combing through contracts? Nobody has time for that when there is a crowded dining room, to-go orders flying out the window and customers complaining about their favorite menu items going up in price. Take food cost management for instance.

Supplies 197
article thumbnail

5 Top MarketMan Competitors and Alternatives (Compared)

Apicbase

MarketMan offers tools for automating invoicing, recipe costing, and food cost calculations, making it a popular choice among restaurateurs. However, with numerous similar systems available, tailored to various types of food service operations and specific use cases, you might ask, ‘Which software is the best fit for my business?’

article thumbnail

A DECEMBER KITCHEN

Culinary Cues

Emmett is flying through breakfast orders (he always amazes me), pauses to give me a thumbs up and turns back to the flat top filled with egg pans, a handful of flapjacks on the griddle, and home fries ready to turn. We review the bakery components on the special menus for the day and typical inventory of baked goods for restaurant service.

article thumbnail

Competition’s Coming: Key Technology Changes Can Help You Win

Modern Restaurant Management

Menus were trimmed to a fraction of original size. Inventory stock changed significantly. The ingrained customer behavior over the past year, delivery, mobile orders, curbside pick-up, will likely continue. Digitize Your Ordering Function and Enhance Your Presence. Delivery and curbside pick-up reduced on-site staffing.