Izettle

MARCH 11, 2021

Inventory management is a way for business owners to track the products or goods that they’re going to sell – from sourcing raw materials to storing and selling items in a store. Why is inventory management important? Reliable inventory management can be one of the most valuable assets for a small business. So how do you do it?

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Inventory Management Management Point of Sale 52

Restaurant365

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance. Actual Food Cost (COGS).

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Inventory Management Management Merchandise 78

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. Best practices for effective food inventory management.

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Inventory Management Management Food 78

Modern Restaurant Management

APRIL 5, 2022

As per a recently published report by Future Market insights, the Takeaway and Delivery Food market is going to witness accelerated demand in the coming years with online food platforms. In this blog, we will discuss the various facets being utilized to enhance the entire operation of the ghost kitchen efficiently.

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Online Ordering Point of Sale Website Management Inventory 196

Restaurant365

AUGUST 4, 2020

You invest a large amount of your budget in inventory. When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. Integrating inventory management with accounting facilitates better inventory control. What is restaurant inventory management?

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Restaurant Technology Guys

APRIL 26, 2023

We are excited to announce that the Restaurant Technology Guys Podcast and blog are now on YouTube! Restaurant Technology Guys – YouTube Our YouTube channel will feature interviews, demos, tips, and best practices on online ordering, delivery, loyalty programs, POS systems, inventory management, marketing, and more.

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Technology Loyalty Program Demo Online Ordering 99

Restaurant365

MARCH 25, 2020

As many restaurant operators transition from dine-in service to delivery and takeout service only, there are many operational decisions to make. However, if you determine that pivoting to a takeout/delivery only model is the best business move for your restaurant business, these 12 tips could help ease your transition.

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Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

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Inventory Management Management Waste 103

Restaurant365

APRIL 16, 2021

Statista notes that in 2020, 760 million users were using online ordering for their restaurant takeout and delivery orders, a 20% increase year-over-year. Some of consumers’ most wanted features post-COVID are contactless delivery with expanded curbside pickup and online ordering. Increases Order Accuracy.

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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.

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Management Management Kitchen Safety Front of House 195

7 Shifts

APRIL 3, 2020

By now, many states and provinces have either mandated reductions in seating or the closure of dining areas, with most restaurants turning to takeout and delivery. During the COVID-19 situation, evaluate how many BOH staff you need to keep up with delivery and takeout demand.

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BOH POS Influencer Point of Sale 368

Hot Schedules

JULY 15, 2021

Once the purchase is made, the most successful operators use their ordering system to set the supplier delivery schedule. Find out more about how your brand can take advantage of these supplier management strategies and more through Fourth’s purchase-to-pay and inventory solution. Related Posts.

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Restaurant365

NOVEMBER 5, 2019

Food cost is heavily influenced by your inventory management. With the restaurant industry’s notoriously razor-thin margins, controlling food costs — and managing your inventory — are essential for a healthy bottom line. There are many opportunities within the inventory lifecycle to apply efficient food cost controls.

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Inventory Technology Management Management 74

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

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Inventory Management Management Waste 78

Restaurant365

JULY 24, 2020

Shelter-in-place orders, dine-in restrictions and diners’ hesitation to eat out have combined to prompt restaurants to shift their focus to takeout and delivery. Increased demand for food delivery had already boosted the growth of ghost kitchens, and the COVID-19 pandemic has escalated both the popularity and profitability of the model.

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Front of House Online Ordering Kitchen Safety Customer Service 147

360Training

APRIL 1, 2019

It’s tempting to apply this strategy to inventory management, but that’s a big mistake. Unless you want to risk spoilages, shortages, and misuse of resources, you need to apply an organized system to your inventory. Always do inventory in teams of two. when you have it. Stay organized. Everything in its place.

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Inventory Bar Management Management 60

Culinary Cues

DECEMBER 17, 2020

There are short-term band aid solutions such as takeout, delivery, or even conversion into retail markets where wine inventories and local necessities take over space once occupied by diners, but they are not a replacement for a steady turn of tables. www.harvestamericacues.com BLOG. PLAN BETTER – TRAIN HARDER.

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Uniforms Cash Management Brewery Consumer Goods 471

Restaurant365

NOVEMBER 6, 2020

” You rapidly shifted operations and resources between different order modes, most likely approaching dine-in, delivery, takeout, or drive-thru differently. Your restaurant may have expanded takeout, online food delivery, or curbside pickup to increase your sales and adapt to the new reality. Restaurants were forced to.

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Dine-in Delivery Ordering Point of Sale 113

7 Shifts

MARCH 27, 2020

However, many states that are forcing restaurants to stop their dine-in services are allowing them to operate as takeout and delivery-only establishments. Will running a takeout and delivery-only restaurant be profitable, or will the costs outweigh the revenue this opportunity could generate? Do you have takeout packaging in stock?

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Social Media Restaurant Law Employee Relations Communication 312

Cheetah

MAY 11, 2021

Once you have a grasp on your establishment’s total allowed capacity, give some thought to the following: Inventory stock Back of house staff Social distancing and a better dining experience These 3 key pillars can make the difference between a streamlined restaurant reopening and a stalled one. Stock Up on Inventory.

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Back of House Front of House Food Supply Coaching 148

Culinary Cues

SEPTEMBER 21, 2023

Their chefs started them peeling vegetables, cracking eggs for breakfast, putting away food deliveries, and so on. He worked in each kitchen area learning how to cut meat and fish, help on large banquets, work every position on the line, take inventories, and even how to make decisions on wines. You never know.

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Back of House Hotels Uniforms Certification 267

Culinary Cues

AUGUST 28, 2020

Everyone is engaged in take out or delivery – don’t settle for being everybody – make your engagement in this arena really exceptional. It seems that far too many restaurants when faced with the extraordinary challenges of the day are relegating their operations to utilitarian delivery of product and service. HOSPITALITY FIRST.

Social Media 438

Social Media Communication Loyalty Program Training 438

Hot Schedules

OCTOBER 5, 2021

You have lots of choices on which companies supply your restaurant inventory, but how do you spot and manage great food suppliers? Your restaurant looks for partnerships based on specific needs: inventory, timeliness, reliability. In a true partnership, both parties will work together to ensure deliveries meet expectations.

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Food Supply Food Mobile Ordering Inventory 137

Restaurant365

FEBRUARY 8, 2022

Forecasting implications affect inventory and labor spending, so you must forecast to accurately predict what your labor cost is going to be and what your restaurant inventories are going to look like. And then, it allows you to maintain inventory at reasonable levels. Restaurant forecasting for 2022.

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2022 Cash Management Point of Sale Inventory 78

Clover - Restaurants

APRIL 9, 2024

New restaurant owners should take the time to carefully vet suppliers for quality and on-time deliveries. Consider asking, for instance, “How flexible are you in adjusting delivery schedules or quantities based on demand?” How often do you need deliveries? Do you have a contingency plan if there’s a supply chain issue?

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Food Supply Online Ordering Food Truck Food Order 98

Lavu

APRIL 13, 2020

It’s time to look at the packaging you use for to-go and delivery orders as we shift from serving customers in dining halls to curbside service and delivery only. Or, give customers instructions on recycling the current packaging you use for carryout and delivery orders. Automatic inventory tracking (avoid over-ordering).

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Waste Compost Point of Sale POS 147

Culinary Cues

MAY 15, 2021

Four-page menus do not reflect business common sense – inventories become unmanageable, waste is much more difficult to manage, the level of expertise required of employees grows exponentially, consistency and quality are challenging, and profit is hard to predict and realize. www.harvestamericacues.com BLOG. CAFÉ Talks Podcast.

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Customer Experience Cash Management Customer Service Front of House 390

Culinary Cues

MAY 4, 2022

www.harvestamericacues.com BLOG. Mediocrity is a disease they will ruin morale, destroy reputations, drive guests away, and quickly turn success into failure. [] EXCELLENCE IS THE ONLY APPROACH: Throughout your career – approach every task as if it were the most important to your career and the reputation of the restaurant.

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2022 Coaching Education Kitchen Safety 376

Culinary Cues

DECEMBER 3, 2022

My focus will soon be on whether staff members show up as scheduled, will deliveries be on time and what will they short me today, how many reservations on the book, and moving through the day – one plate at a time. We review the bakery components on the special menus for the day and typical inventory of baked goods for restaurant service.

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Back of House Hotels Front of House Book 340

Culinary Digital

JANUARY 2, 2024

This comprehensive blog series will explore the multifaceted benefits of streamlined menus and how they can be harnessed to enhance your organization’s performance. This commitment allows for meticulous attention to detail and ensures consistent delivery of high-quality food.

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Menu Seasonal Menu Customer Experience Customer Service 59

Restaurant365

NOVEMBER 5, 2021

Extend Your Delivery Reach. Finally, with the rapid growth of demand for delivery, you can use a commissary kitchen to fuel expanding your delivery business. Delivery offers the chance for increased sales, but it can also overburden your restaurant kitchen that is focused on dine-in and takeout orders. Conclusion.

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Kitchen Safety Food Truck License Food Safety 148

Restaurant365

NOVEMBER 18, 2021

This two-part blog series presents an overall guide to the essentials of payroll accounting for restaurant groups. Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost.

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Employee Relations Cash Management Point of Sale Front of House 148

Focus POS

MAY 28, 2020

Delivery management: Many customers are opting for delivery over curbside pickup and drive-thru. Mis -managed delivery functions can turn into a huge cost center. Delivery management software streamlines your delivery processes and ensures that your delivery service is profitable during even the most uncertain of times. .

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Online Ordering Inventory Cash Management Download 129

Cheetah

MARCH 26, 2020

As the industry is fumbling to get by during the coronavirus outbreak, restaurant owners are struggling to liquidate surplus inventory in an effort to cut losses. Here are 6 creative ways to turn sitting inventory into sellable produce and sustain cash flow during these difficult times. . Sell Stock Items Directly to Customers.

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Inventory Customer Service Delivery Consumer Goods 60

The Restaurant Group

SEPTEMBER 16, 2020

Most expected delivery to be their saving grace, but quickly picked up on the benefits of curbside pickup. Applebee’s, for example, currently generates 32% of their revenue through delivery, but a whopping 68% can be attributed to curbside pickup. Online Ordering and Delivery Penetration. Restaurant Industry Trends.

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Online Ordering Delivery Point of Sale Customer Service 148

Hot Schedules

MARCH 27, 2020

In this fearful and uncertain time, there is a variety of ways that patrons can support the people at the heart of the restaurant industry — buying gift cards from your favorite restaurants, ordering take-out or delivery, donating to GoFundMe campaigns. Managing Inventory in the Days of COVID-19. R estaurants across the U.S.

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Employee Relations Cash Management Beverage Restaurant Law 148

Restaurant365

JANUARY 18, 2022

Pre-consumer waste is all food that’s wasted before it gets to the customer, like spoiled inventory and kitchen scraps. Food waste reduction requires some additional work to properly store, monitor, and use inventory ingredients, so employees must be fully invested in the process. Monitor inventory days on hand. Reduce spoilage.

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Waste Compost Food Consumer Goods 147