7 Shifts

JUNE 16, 2024

These figures prove how tough the competition is in this industry and how important it is to devise unconventional tactics and extraordinary strategies to stay ahead. How do you create a good restaurant marketing strategy? In 2020, the number of establishments in the food and beverage industry was estimated to be 23.1

Marketing 195

Marketing 2024 Email Marketing Social Media 195

Restaurant365

OCTOBER 16, 2019

When most restaurant owners think about how to manage restaurant inventory, they think of food cost control. When tightly integrated with both the accounting system and POS system, inventory tracking is a more useful, accurate tool that can be used to lower cost of goods sold (CoGS), minimize food waste, and better allocate ingredients.

Inventory 113

Inventory Management Management POS 113

The Rail

JULY 5, 2024

All aspects of restaurant administration, including menu optimization , cost control, and revenue maximization, are critical to your bottom line. This blog will explore essential restaurant management tips that will help you enhance profitability and drive success in the competitive food service industry.

Management 130

Management Management Loyalty Program Point of Sale 130

Xtra Chef

JULY 6, 2020

The Product Mix Margin (PMIX) Report shows you the variance between your anticipated margin on menu items versus the actual margin based on actual sales, discounts, etc. When you arrive at the report, you’ll choose the date range that you want to analyze. Version 9.1 is now live. Stay tuned!

Inventory 126

Inventory Customer Experience Back of House Social Media 126

Focus POS

AUGUST 1, 2019

Data analytics isn’t the most exciting part of the job. Simple reporting software can give you a snapshot of the day, but restaurant analytics software can help you answer the big questions, such as: 1. What are the most popular entrées, appetizers, and desserts? 3. When/how should I schedule my staff?

POS 103

POS Customer Experience Inventory Menu 103

Focus POS

FEBRUARY 12, 2020

As a restaurant owner or manager, you already know how important the decisions you make about your restaurant are to the overall success of your operations. However, are you making the best decisions, ones that will set you up for success, or are you unsure of how they will affect your restaurant? More valuable data.

Loyalty Program 99

Loyalty Program Point of Sale POS Reference 99

Restaurant365

JULY 29, 2020

How to forecast your restaurant’s recovery. Knowing how to leverage restaurant reporting tools is one of the most effective measures you can take to better understand your business’ real time financial health. Forecasting by revenue center. you won’t be able to fully understand what. your business requires to run cost effectively.

Cash Management 88

Cash Management Online Ordering Seasonal Menu Inventory 88

Restaurant365

JUNE 24, 2020

Understanding how to decrease controllable costs – food and labor are the big two — helps you drive operational improvements that can increase your financial outcome. With integrated receiving, AP automation technology catches precise data, such as vendors straying from contracted prices. Cost out your menu items and recipes.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

Restaurant365

DECEMBER 2, 2019

The restaurant industry never stops moving, and your success depends on how you manage all of the moving pieces. Restaurant management systems used to be stored “locally” on in-store devices, requiring operators to be on the premises to access data. Adjusting your menu and recipes for maximum profitability.

Management 97

Management Management Point of Sale Inventory 97

Restaurant365

APRIL 30, 2020

Whether you realize it or not, data is constantly being generated at your restaurant. When someone places an order, sends a delivery ticket to the kitchen, or takes inventory, valuable data points are created that can inform bigger insights. ” “how?” How Restaurant Analytics Improve Profit.

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78

Margin Edge

FEBRUARY 3, 2022

In that case, this blog can be a reassurance that either you’re on the right track (who doesn’t love a reminder that you’re doing the right thing?) In that case, this blog can be a reassurance that either you’re on the right track (who doesn’t love a reminder that you’re doing the right thing?) Track key item costs.

2022 98

2022 Food Seasonal Menu Waste 98

Restaurant365

OCTOBER 29, 2019

Restaurant reports distill complicated restaurant data into informative snapshots about the financial health of your business. These automated restaurant reports are easy to view, analyze, and apply in one location or across multiple stores. Some platforms allow you to create recurring custom report templates.

Point of Sale 74

Point of Sale Pricing POS Inventory 74

Restaurant365

MAY 17, 2022

Food inventory management goes way beyond counting the items on the shelves. The most important part of inventory management is understanding how the amount of product relates to your profit margin. Why a POS system is not suitable for inventory management. The POS system doesn’t do analysis. That’s great.

Inventory 78

Inventory Management Management Food 78

Restaurant365

JULY 29, 2020

How to forecast your restaurant’s recovery. Knowing how to leverage restaurant reporting tools is one of the most effective measures you can take to better understand your business’ real time financial health. Forecasting by revenue center. you won’t be able to fully understand what. your business requires to run cost effectively.

Cash Management 78

Cash Management Online Ordering Seasonal Menu Inventory 78

Restaurant365

JUNE 15, 2021

Your restaurant is constantly generating data, whether from your sales revenue, food costs, or labor hours. The data is always there—but it’s up to you as an owner or operator to use it. Leveraging your front of house (FOH) and back of house (BOH) data allows you to gain more insight into your operations.

BOH 78

BOH FOH Back of House Point of Sale 78

Restaurant365

JULY 21, 2021

How do you keep track of all these different shipments and ingredients to minimize food waste, ensure you are prepared for service, and optimize what you’re spending on your ingredients? Understanding how to master restaurant inventory management is an invaluable skill. Set up your POS to track restaurant inventory.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

NOVEMBER 19, 2020

Recipe costing breaks down the usage and yield of each food item so you can calculate individual ingredients, down to the penny. When you have more data, you can start understanding the cost percentages of individual ingredients. Once you know this recipe costing breakdown, you can examine sales margins on menu items.

Food 78

Food Point of Sale Inventory Waste 78

Restaurant365

APRIL 30, 2021

When it comes to writing a restaurant menu, you can’t determine your menu prices by “gut feeling.” You need numbers and data to fuel your decisions. An accurate recipe cost informs nearly every element of your food costs, and it can also help you optimize your profit margin on all menu items.

Seasonal Menu 78

Seasonal Menu Inventory Waste Point of Sale 78

Restaurant365

DECEMBER 12, 2019

For restaurants in particular, the impact of how technology is changing the restaurant industry is only growing bigger. From changing the way restaurants order inventory all the way to determining how customers first place their order, technology in restaurants is continuously evolving. How do restaurants currently leverage technology?

2019 88

2019 Technology Front of House Mobile Ordering 88

Lavu

DECEMBER 16, 2019

How to Build a Loyalty Program. o talk with your regulars: they know your service & menu, see what other customers like, and will understand a portion of your customer base. o talk with your regulars: they know your service & menu, see what other customers like, and will understand a portion of your customer base.

Loyalty Program 78

Loyalty Program Customer Service Point of Sale Mobile Ordering 78

Restaurant365

SEPTEMBER 3, 2021

The restaurant industry moves at a fast pace, filled with data that changes by the day. A profitability strategist uses knowledge and expertise about your restaurant group’s data to increase efficiency and profitability. If you’re considering the possibility, here’s an exploration of how the role could impact your restaurant group.

Waste 78

Waste Cash Management Point of Sale Front of House 78

Restaurant365

JUNE 4, 2021

So how do you drive long-term restaurant profitability? How do you take advantage of the rise in demand? Of course, there are small changes you can make in the short-term to benefit operations. Understanding your profitability and working to improve it, piece by piece, is the key to long-term restaurant success. Increase sales volume.

Point of Sale 78

Point of Sale Loyalty Program Inventory Customer Service 78

Lavu

MARCH 11, 2020

From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. How much does restaurant management software cost? At the center of this technology lies a POS system in which a transaction between a merchant and a customer takes place.

Management 78

Management Management Cash Management Mobile Ordering 78

Restaurant365

APRIL 8, 2021

As restaurants adapt to how customer dining preferences have changed, ghost kitchens are now more popular and quite often more profitable. COVID-19 may have spurred a food delivery industry boom, but the data indicates that delivery and takeout won’t disappear even once dining can return to pre-pandemic norms.

Front of House 78

Front of House Food Truck Kitchen Safety Point of Sale 78

Deliverect

NOVEMBER 9, 2020

Now that you have the necessary prior information, we will see how to register in Glovo and configure your account. Founded in Spain in 2014, Glovo is an on-demand courier service that purchases, picks up, and delivers orders, whether food or other types such as medicines or consumer products. Things to remember before registering.

Mobile Ordering 78

Mobile Ordering Customer Service Point of Sale Delivery 78

Deliverect

NOVEMBER 9, 2020

Now that you have the necessary prior information, we will see how to register in Glovo and configure your account. Founded in Spain in 2014, Glovo is an on-demand courier service that purchases, picks up, and delivers orders, whether food or other types such as medicines or consumer products. Things to remember before registering.

Mobile Ordering 78

Mobile Ordering Customer Service Point of Sale Delivery 78

Notch

FEBRUARY 26, 2019

But, if you have a cash flow problem, do you know how to diagnose and solve it? Let’s take a look at how each affects restaurant revenue, how to identify which area is lacking if revenue needs a boost, and how to solve revenue problems in each area. Anything more than that and the restaurant is likely in the green.

Management 71

Management Management Loyalty Program Email Marketing 71

Notch

FEBRUARY 26, 2019

But, if you have a cash flow problem, do you know how to diagnose and solve it? Let’s take a look at how each affects restaurant revenue, how to identify which area is lacking if revenue needs a boost, and how to solve revenue problems in each area. Anything more than that and the restaurant is likely in the green.

Management 52

Management Management Loyalty Program Email Marketing 52

Modern Restaurant Management

OCTOBER 31, 2019

National Menu Trends. They collected and analyzed sales data between January 2018 and July 2019 from over 10,000 restaurants nationwide, measured the sales performance of each item, and ranked each item based on its overall and trending popularity.

2019 345

2019 Mobile Ordering Online Ordering Customer Experience 345

Restaurant365

NOVEMBER 12, 2019

Every customer who orders from your restaurant takes a look at your menu, making it one of the most important pieces of your restaurant marketing. With this visibility, restaurant menu engineering provides a huge opportunity to grow your profits and ensure a great customer experience. Getting started with menu engineering.

Menu 101

Menu Point of Sale Seasonal Menu Pricing 101

Mad Mobile

FEBRUARY 22, 2024

The table above demonstrates how rapidly technology is changing the restaurant industry in terms of technological advancements. This blog post delves into the future of restaurant technology, exploring the latest advancements and predicting how they will redefine service, efficiency, and customer satisfaction. trillion in 2024.

2024 40

2024 Technology Customer Experience Dietary Restrictions 40