7 Shifts

MARCH 10, 2021

This process includes focusing on your daily finances , such as cash flow, payroll, and inventory. Invest in Technology Accounting and inventory management software are just a couple of the technologies that small business owners should invest in.

Management 370

Management Management Small Business Email Marketing 370

Restaurant Technology Guys

MARCH 24, 2024

In any restaurant, inventory management plays a pivotal role in seamless operations. In this blog post, as Jeremy Julian converses with David Greschler, the Co-founder and CEO of Nomad-Go, we explore how this company is transforming the inventory management of the food service industry with its innovative technology.

Inventory 113

Inventory Technology Hospitality Management 113

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 397

Management Management Kitchen Safety Front of House 397

Restaurant365

MARCH 5, 2020

It’s 2020, and your teams are already using technology that improves efficiency and controls business costs. From cloud-based POS systems to mobile apps designed to improve employee satisfaction and streamline scheduling, technology is bettering business and changing the landscape of restaurant management.

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Blog Management Management Cash Management 146

Hot Schedules

JULY 8, 2021

The Problems with Managing Inventory in Spreadsheets. U sing spreadsheets for hospitality inventory management is inaccurate, inefficient, and unwise. Learn how poor inventory management could be making operators crazy and hurting your business. You’d be hard-pressed to find an operator who actually likes taking inventory.

Inventory 127

Inventory Management Management Food Supply 127

Restaurant365

AUGUST 19, 2021

Restaurant accounting covers all areas of your business, even inventory. While you may think of your restaurant inventory as part of operations, restaurant inventory management should also be considered an accounting function. So, inventory has an important place in your restaurant accounting.

Inventory 147

Inventory Management Management Employee Relations 147

Hot Schedules

SEPTEMBER 8, 2021

Mobility Equals Flexible Ops: Hotel Purchasing & Inventory from Anywhere. This timely conversation happens Wednesday, September 15 at 10:30 am CT and will go over how accessible technology makes your teams more adaptable to constantly changing stimuli. Join the Webinar. Related Posts.

Hotels 147

Hotels Inventory Guest Recovery Leadership 147

Restaurant365

OCTOBER 29, 2021

Your back-office restaurant technology can be used to help grow both guest loyalty and your business. You can use back-office restaurant technology to support a positive guest experience in areas such as payment, inventory and food costs, and staff scheduling. Tight inventory control ensures menu item availability.

Customer Experience 158

Customer Experience Technology Mobile Ordering Point of Sale 158

Harbor Touch

MARCH 18, 2025

The next youre racing to keep inventory stocked while customers wait for tables. Master Inventory Control Inventory mistakes cost you. Streamline Operations with Technology Paper tickets and manual counts slow you down. Our blog offers more marketing ideas worth exploringsimple tricks with big payoffs.

Management 148

Management Management Seasonal Menu Cash Management 148

Goliath Consulting

OCTOBER 19, 2020

” A detailed pro/con list of third-party vs self-delivery is found here on our previous blog (13). TECH: Social distancing and contact-free technology will be indispensable in 2021, as sanitation and safety concerns around COVID-19 remain (14).

2021 339

2021 Food Safety Point of Sale Kitchen Safety 339

Restaurant365

JUNE 4, 2020

William Vaughan Company and WVC Rubix Cloud are certified accounting partners of Restaurant365, an all-in-one accounting , operations , inventory and scheduling solution exclusively for restaurants. The post Guest Blog: PPP Loan Forgiveness for Restaurants appeared first on Restaurant365. Schedule a demo today.

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Blog Employee Relations 2020 Restaurant Law 142

Restaurant Technology Guys

JUNE 25, 2025

Introduction: A New Era in Inventory Management In today’s fast-paced world, inventory management can often feel like a monotonous and challenging task. Fortunately, Nomad Go, co-founded by David Greschler, is changing the game with its innovative approach to simplify and enhance the way businesses manage their stock.

Inventory 106

Inventory Management Management Innovation 106

The Rail

OCTOBER 18, 2022

By Shubham Ahuja, Contributor It’s no secret that technology has become a major player in the hospitality industry over the past several years – such as increase adaption in delivery, online ordering, and touchless ordering/payment. You may be wondering where this technology will lead the industry in the future and if you should adopt it now.

Online Ordering 241

Online Ordering Allergens Customer Experience Food Order 241

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. As the rising food cost trend continues, it’s time to tighten your inventory control. Automate manual restaurant inventory processes to help overcome rising food prices. Integrate restaurant inventory management with your POS system.

Inventory 148

Inventory Pricing Management Management 148

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. Technology can provide ways to fill in the gaps.

Customer Experience 449

Customer Experience Cash Management Customer Service Front of House 449

Restaurant Technology Guys

DECEMBER 18, 2022

MarginEdge began in a place where many restaurateurs have been themselves—stuck doing manual invoice data entry and inventory in a tiny closet behind the kitchen, wondering why the love of food and hospitality came with so many papercuts. Restaurant Technology Guys Podcast Ep. Today MarginEdge serves over 4000 Continue Reading.

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Technology Management Management Inventory 148

Hot Schedules

MARCH 29, 2021

Where Business Meets Technology. According to Assen, the key responsibility of a Product Owner role is to constantly seek the synergy between actual business needs and technology solutions, and to translate this to the engineering teams. The post Where Business Meets Technology appeared first on Fourth. In the right way.”

Technology 148

Technology Insurance Healthcare Employee Relations 148

7 Shifts

APRIL 3, 2020

That is what we are going to answer in this blog—providing you with steps you can take right now to reduce your costs and boost your revenue to keep your restaurant profitable during COVID-19. 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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BOH POS Influencer Point of Sale 368

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.

Inventory 74

Inventory Technology Management Management 74

Goliath Consulting

DECEMBER 20, 2023

This cutting-edge technology is revolutionizing the way we dine, offering a seamless and personalized experience that empowers consumers and benefits foodservice providers alike. Interactive Features The integration of AI technology in the culinary landscape doesn’t just stop at personalization.

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Dietary Restrictions Online Ordering Customer Experience Catering 195

Restaurant365

DECEMBER 6, 2019

Stephanie Resendes is a content marketer at Upserve, a restaurant technology company. Upserve offers the market-leading cloud restaurant POS, actionable insights, transparent processing, automated inventory and ordering, workforce tools, and mobile restaurant management.

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POS Blog Mobile Ordering Front of House 117

Hot Schedules

JULY 15, 2021

But the new connections and deeper insights technology provides can mitigate many of the negative effects of rising prices and declining revenues, especially when it comes to the purchasing relationships between operators and suppliers. Mitigating Cost Price Inflation Via Supplier Management. First, let’s talk about supplier lists.

Pricing 148

Pricing Management Management Cash Management 148

ChowNow

JULY 10, 2024

Suppliers and inventory : List the primary suppliers you plan on working with and share information about how you will manage the restaurant’s inventory. Equipment and technology : Share details on the specific equipment and technology that will be required to run your restaurant efficiently.

Point of Sale 221

Point of Sale Email Marketing License Customer Service 221

Restaurant365

APRIL 14, 2020

Successful restaurant operations, in any kind of economy, depend on well-managed restaurant food inventory. Much of the typical food and beverage inventory in restaurants tends to have a relatively short shelf life, making accurate inventory numbers essential to run a functioning kitchen, make economical orders, and adapt to long-term trends.

Inventory 109

Inventory Delivery Management Management 109

Goliath Consulting

JUNE 23, 2023

In today’s ever-evolving technological landscape, the restaurant industry stands poised to embrace innovation and transformation. Understanding AI: Unleashing the Power of Technology At its core, AI involves the development of computer systems capable of performing tasks that traditionally required human intelligence.

Email Marketing 195

Email Marketing Customer Experience Social Media Customer Service 195

Hot Schedules

MARCH 25, 2019

This blog was originally produced for Hospitality Technology. In the world of restaurants, managers look forward to many things… but restaurant inventory management is practically never one of them. Counting inventory is tedious and time-consuming — there is no doubt about that. It can eat up hours and hours in your week.

Inventory 60

Inventory Management Management Technology 60

Hot Schedules

OCTOBER 23, 2019

This blog was originally produced for Hospitality Technology. In the world of restaurants, managers look forward to many things… but restaurant inventory management is practically never one of them. Counting inventory is tedious and time-consuming — there is no doubt about that. It can eat up hours and hours in your week.

Inventory 60

Inventory Management Management Technology 60

7 Shifts

SEPTEMBER 26, 2022

In the ever-expanding landscape of restaurant tech , employees will become skilled to some degree with a variety of different technology and software tools on the job. Cooks and back-of-house employees tend to work with inventory management software and kitchen display technology. Cooking and Food Preparation.

Front of House 370

Front of House Back of House Kitchen Safety Food Safety 370

The Restaurant Group

DECEMBER 8, 2024

Tools and Technology for Monitoring Food Inventory Software : Track stock levels and expiry dates to reduce spoilage. Implementing Inventory Management Practices Effective inventory management reduces overstocking and spoilage, keeping operations efficient and sustainable.

Waste 78

Waste Compost Food Recycling 78

Qu

MARCH 28, 2025

In December 2024, technology leaders from various industries gathered at Amazon’s premier conference, AWS Re:Invent, where Qus CEO participated in a panel discussion. This marked a significant milestone, as the restaurant industrytraditionally underrepresented at such eventsemerged as a focal point of technological innovation.

Fast Casual 52

Fast Casual Technology Point of Sale Mobile Ordering 52

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.

Inventory 103

Inventory Management Management Waste 103

The Restaurant Group

FEBRUARY 14, 2025

Method to Compute CoGS Start with the value of your beginning inventory. Subtract the value of your ending inventory. The formula is: Beginning Inventory + Purchases – Ending Inventory = CoGS. High CoGS can eat into profits, so it’s important to manage inventory and control waste effectively.

Point of Sale 78

Point of Sale Loyalty Program Customer Service Inventory 78

The Rail

JULY 5, 2024

This blog will explore essential restaurant management tips that will help you enhance profitability and drive success in the competitive food service industry. Cost Control and Inventory Management In the restaurant industry, cost containment and inventory management are critical to sustaining profitability.

Management 130

Management Management Loyalty Program Point of Sale 130

Focus POS

JANUARY 15, 2020

When a technology solution affects as many areas of business as your restaurant POS system does, it can be difficult to track the true return on investment (ROI) that it offers. Tighter inventory control. From front-of-house to back-of-house operations, restaurant technology can be leveraged to streamline it all.

POS 151

POS Front of House Inventory Loyalty Program 151

Restaurant365

FEBRUARY 25, 2020

Your restaurant profit margin can be influenced by food and inventory trends, your geographic location, the state of the broader economy, and a wide range of other factors. Cost of goods sold (CoGS) refers to the total cost of the inventory used to create food and beverage items during a specific period of time.

Loyalty Program 183

Loyalty Program Point of Sale Fast Casual Online Ordering 183

Restaurant365

JULY 9, 2020

Restaurant inventory management is the process of monitoring the food and beverage ingredients in your restaurant. Monitoring your inventory documents what food and beverage product is coming into your restaurant, what is leaving your restaurant as product sold, and what remains on your shelves and refrigerator. Sitting Inventory.

Inventory 78

Inventory Management Management Food Supply 78

Modern Restaurant Management

MAY 12, 2020

In this edition of MRM News Bites, read about efforts to help the restaurant industry and heroes as well as "new normal" restaurant technology and products. This wearable tech utilizes UWB radio technology to measure the distance between two tags with a constant radio pulse. Dining Bond Goes Global. ” BWW GO.

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Mobile Ordering Online Ordering Food Order Hospitality 376