Restaurant Engine

NOVEMBER 24, 2021

Manage your food costs and watch your restaurant grow and thrive. Food prices are rising across the board, and this affects restaurants just like yours. As a food service entrepreneur, you want to control your costs as much as possible, so you don’t have to drastically increase menu prices and pass them on to your customers.

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Cheetah

FEBRUARY 23, 2022

To compete, restaurants are reinventing themselves by incorporating emerging food trends into their menus – most notably by showcasing local food products and unique ingredients. But access to these trending food items, with fair pricing and reasonable logistics, has been a nightmare – until now. .

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Restaurant365

MARCH 23, 2022

This article was written by Tony Smith, C hief Executive Officer and a Co-founder of Restaurant365 and featured in QSR. When you misjudge ordering or overspend on food cost, it directly affects your bottom line. Customized forecasting based on historical data helps you improve restaurant operations by reducing food costs over time.

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EATER

DECEMBER 14, 2021

Supply chain disruptions were a theme of 2021, but thanks to viral recipes, some ingredients were hit especially hard I learned a hard lesson on a recent trip to my local Asian supermarket, Tan A. The article went on to recommend that readers run out and buy Kewpie immediately, “as TikTok-famous products tend to sell out fast.”

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The Restaurant Times

OCTOBER 14, 2021

When you open a new restaurant business or are already in one, you are supposed to keep track of everything happening in your restaurant, whether the number of waiters or the amount of inventory available. It’s critical to remain on top of your inventory and control your costs to ensure your restaurant is profitable and growing.

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Modern Restaurant Management

DECEMBER 28, 2021

From full service to fast-casual to legacy fast-food brands, the one constant was disruption. Labor shortages and other factors are affecting the global supply chain in never-before-seen ways, and certain commodities are intermittently not available, or if they are, they’re expensive.

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Apicbase

MAY 8, 2024

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?’

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Restaurant Clicks

JULY 15, 2021

Food cost is the profit earned from selling food minus the cost of ingredients. Food cost is calculated as a percentage. The cost of food gives insight into how profitable a restaurant or bar is. What Food Cost Says About Your Profits. You can use inventory software to take inventory more efficiently.

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Modern Restaurant Management

JUNE 15, 2021

Inventory stock changed significantly. Lavu, the restaurant technology services company, estimates 42 percent of food purchases are made online. What’s more, consumers tend to spend extra on their food when ordering by themselves, either through kiosks or branded apps. Menus were trimmed to a fraction of original size.

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Margin Edge

FEBRUARY 3, 2022

Labor shortages, supply chain issues, sick employees, not enough financial assistance, hesitant diners- the list goes on and on and we know if you’re running a restaurant right now this is by no means breaking news. 6 Ways to Reduce Food Costs. Take consistent inventories. Take Consistent Inventories (We Know, We’re Sorry).

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Restaurant Engine

NOVEMBER 10, 2021

Food truck financing can help you take your dream to reality. With a market size of more than one billion , and nearly 35,000 food trucks operating in the United States, food trucks are on the rise. In this article, we answer the question, “Does your new food truck business need financing?” Food Truck Costs.

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The Restaurant Times

OCTOBER 29, 2021

When it comes to food trucks, a lack of sustainability can give rise to multiple problems. For a mobile business like food trucks catering to multiple locations, it is relatively harder to keep everything clean and be eco-friendly. Setting up a sustainable food truck is, therefore, a new concept. . Inspect Your Vehicle.

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The Restaurant Times

AUGUST 10, 2020

One of the most critical expenses that restaurants in Singapore incur on a daily basis is the cost of food. Restaurant inventory is readily prone to contamination, theft, and pilferage which adds to the overall costs. Essential Restaurant Inventory Spreadsheets That Restaurant Operators In Singapore Must Maintain And Track.

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7 Shifts

APRIL 3, 2020

Please note thought: this article is meant to provide information only and is not a substitute for any professional advice you may receive from an accountant, lawyer, HR, or other professional. Pro tip: Look at implementing an inventory tracking system like Xtra Chef —it might be a new cost, but it will pay for itself in better food costing.

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Apicbase

OCTOBER 28, 2022

In this article, we explore five ways to keep the back-of-house expenses of your restaurants structurally low , so that you don’t have to implement overly heavy price increases to bolster your bottom line. Overordering is the main cause of food waste and, sadly, it encourages theft by staff (who’s going to notice?).

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The Restaurant Times

JULY 30, 2020

A restaurant inventory comprises all the items or raw materials required to prepare dishes. As the volume of business increases, inventory management becomes a crucial part of restaurant operations. It allows you to control and maintain a smooth flow of supply and boost your overall profit. Raw Material Management.

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Sling

APRIL 27, 2023

In this article, we examine the specific goals of restaurant operations management and discuss a number of ways to help you improve the program in your own business. But it’s about more than just ordering as much inventory as your storage spaces can hold and hoping for the best.

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Culinary Digital

OCTOBER 23, 2023

In this article, we will explore how the use of digital tools can significantly improve dietary operations. Streamlining Foodservice Operations From order management to inventory control, digital solutions have streamlined foodservice processes to reduce errors and wait times.

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Mobile Ordering Food Safety Online Ordering Point of Sale 64

Cheetah

FEBRUARY 2, 2021

Demand Planning is the critical driver of food supply chain operations from farmer to consumer. Large enterprises across the food chain already realize the importance of demand planning, but small businesses are still anxious about making the leap. In 2013, Walmart suffered a serious in-store out-of-stock problem.

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Sling

MAY 13, 2023

Whether you’re looking to hire employees for a fine dining establishment, a food truck, or a fast food business, you’ll need any number of restaurant positions to make up the foundation of your team. A fine dining establishment may need all 24 positions on this list, while a food truck may only need three or four.

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Sling

MAY 9, 2023

In this article, we discuss some of the best ways to improve your restaurant operations and introduce you to the tools that can help make that easier. 4) Minimize food waste Minimizing waste is essential because food costs are one of the largest expenses that most restaurants have to contend with.

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The Rail

MAY 9, 2024

TouchBistro highlights several ways to do this, including the improvement of communication, making payments on time, and staying on top of inventory before promotions — to highlight a few tips of several. For restaurant owners, a good working relationship is a must, particularly when it comes to vendors and suppliers.

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Margin Edge

SEPTEMBER 2, 2020

With the daily changes to our traffic, allowed capacity, labor, bar sales, supply chain, etc. – can food costs percentages stay the same or even shrink? There are 6 major features within MarginEdge that help you consistently hit lower food costs. How we turn this tech into amazing food cost management…. #1 food cost.”.

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Food Waste Pricing Food Supply 98

Restaurant Engine

JULY 13, 2022

In this article, we look at how paying attention to your productivity levels will enhance the success of your business. 1: Inventory Management. One of the best ways to improve your restaurant’s productivity is using your POS system’s inventory management feature. First, you have an accurate count of your inventory.

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Squirrel Systems

FEBRUARY 16, 2024

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.

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7 Shifts

DECEMBER 8, 2020

This article will arm you with ideas for restaurant employee contests. And social media is no slouch, either: actively follow and engage with restaurants on social media, 74% say they are more likely to visit or order food from those establishments. for some of their favorites. ) for some of their favorites. Then, put it to a vote!

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The Restaurant Times

JULY 16, 2021

Even though the industry has suffered heavy losses, the online restaurant food delivery market is playing a lead role in terms of recovery. After a dip in the second quarter of 2020, when COVID-19 cases peaked all over the world, restaurants started focusing on new sources of revenue resulting in the rise of online food delivery. .

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Modern Restaurant Management

OCTOBER 24, 2019

According to an article by BBC, McDonald's is investing in an Artificial Intelligence start-up to help serve data-driven meal choices. Uber is planning to start a program to deliver food via drones in San Diego, California. Therefore, tracking food in the supply chain becomes important. Addressing this Disruption.

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Restaurant365

FEBRUARY 4, 2022

This article was written by Morgan Harris and featured in Modern Restaurant Management. The key to operating a profitable restaurant is understanding your profits and losses, knowing how to manage food and labor costs, and making strategic decisions about expenses and investments. How to use key metrics for proper inventory.

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Restaurant365

FEBRUARY 4, 2022

This article was written by Morgan Harris and featured in Modern Restaurant Management.We The key to operating a profitable restaurant is understanding your profits and losses, knowing how to manage food and labor costs and making strategic decisions about expenses and investments. How to Use Key Metrics for Proper Inventory.

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Perfect Daily Grind

MARCH 20, 2023

You may also like our article on how digital marketing has evolved in the coffee industry. According to sales figures from Amazon, coffee was the most popular food and beverage category in 2018. Ecommerce software needs to provide the most relevant information that we have on our coffee inventory,” Jolene adds. “If Enjoyed this?

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Point of Sale Consumer Goods Online Ordering Customer Service 141

The Restaurant Times

JANUARY 29, 2023

It means that guests love your food so much that one location just won’t cut it. This article will discuss the different challenges of the multi-location restaurant business and how you can overcome them to oversee teams across multiple locations and ensure a consistent guest experience. across sites.

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Restaurant365

NOVEMBER 23, 2021

Sourcing beef and pork from smaller local producers will alleviate some supply chain headaches. This article was published in Restaurant Business. Protein demand is high as consumers return to dining in, but low supply and increased costs are impacting menu flexibility and profits. . And it’s not necessarily more expensive.

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Restaurant Engine

DECEMBER 9, 2020

People love your food, and they want it outside your restaurant, too. You have a restaurant, and people already love your food. In this article, we look at how to tell if you should start catering. Do you have the resources to handle the extra supplies, food, and staff? tweet this). Extra Services.

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The Restaurant Times

FEBRUARY 14, 2022

A cloud kitchen also called a “ghost kitchen” or “virtual kitchen,” is a commercial culinary environment that provides food enterprises with the tools and resources they need to prepare menu meals for delivery and takeout. As they continue to expand, food aggregators will drive demand with a slew of discounts.

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The Restaurant Times

JUNE 26, 2021

This article will present you with the things you should keep in mind when restarting your restaurant business. . Processes like food production, inventory management, supply chain, marketing, and sales may need to be tweaked according to the new market realities. Do Not Forget To Integrate With Food Aggregators.

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BNG Point of Sale

SEPTEMBER 7, 2021

This is because CoGS are measured by inventory count rather than individual dishes or drinks. CoGS is especially important because it is related to your restaurant’s profit margin for any period, revenue, and inventory management. Supplies used in either making or selling the product. . Packaging and Container costs. .

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