Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. If you’re still using Excel spreadsheets for inventory management, you are taking unnecessary manual steps and adding opportunity for error to the process, which can contribute to your rising food prices. from a year ago. More about this later.).

Inventory 148

Inventory Pricing Management Management 148

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. A POS system is excellent at collecting sales and labor data.

Inventory 78

Inventory Management Management Food 78

Sling

APRIL 27, 2023

Restaurant operations management is essential for the long-term health of your business. 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. Table of contents What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Restaurant365

DECEMBER 11, 2020

As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast. operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.)

2021 136

2021 Cash Management Management Management 136

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

MARCH 10, 2020

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. If it’s not on the shelf, it can’t be stolen, spoiled or wasted. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

Hot Schedules

JULY 26, 2021

As a result, managers have had to minimize costs wherever possible. Rather than limiting inventory or reducing the customer experience, here are five ways the right retail scheduling solution empowers managers to cut costs through efficient workforce management — without burning out the staff. Bottom Line Shrinking? Alarm Bell.

Retail 148

Retail Point of Sale Employee Relations Inventory 148

Restaurant365

APRIL 14, 2020

Successful restaurant operations, in any kind of economy, depend on well-managed restaurant food inventory. No matter what business model your restaurant is operating on, managing your restaurant inventory helps you prevent waste, lower your food cost, and maximize your bottom line.

Inventory 109

Inventory Delivery Management Management 109

Restaurant365

OCTOBER 16, 2019

When most restaurant owners think about how to manage restaurant inventory, they think of food cost control. For restaurant owners, inventory control is closely related to accounting and food cost management. The nuts and bolts of restaurant inventory management. Inventory management goes beyond counting inventory.

Inventory 113

Inventory Management Management POS 113

7 Shifts

AUGUST 10, 2020

Even though the practice of restaurant management continues to move digital, the physical space of your restaurant back office still needs to be organized. In this blog, we’ll walk you through best practices for organizing your back office, reducing unnecessary clutter, and preserving your office as a place of efficiency.

Document 351

Document Restaurant Law Book Point of Sale 351

Culinary Cues

DECEMBER 17, 2020

A reduction in restaurant business leads to crop waste, unplanted land, and serious cash flow problems for farmers. There are a number of reasons why restaurants fail – some are predictable and avoidable, while others can catch a business off guard. None, however, are as devastatingly out of the operators control as this pandemic.

Uniforms 471

Uniforms Cash Management Brewery Consumer Goods 471

Restaurant365

APRIL 16, 2021

In-house online ordering systems capture customer data for your customer relationship management system (CRM). Part of being a successful restaurateur is by being forward thinking and quickly adapting to this fast-changing industry. Today, consumers want convenient and easy ways to order food from your restaurant. Drives More Revenue.

Online Ordering 78

Online Ordering Blog Ordering Front of House 78

Restaurant365

OCTOBER 30, 2020

As a restaurant owner or manager, sometimes you may need to jump in to help keep business running smoothly. However, the day-to-day tasks can distract from the bigger-picture work that is essential for your long-term business health: restaurant operations management. What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Restaurant365

MARCH 10, 2020

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. If it’s not on the shelf, it can’t be stolen, spoiled or wasted. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

Modern Restaurant Management

APRIL 5, 2022

In this blog, we will discuss the various facets being utilized to enhance the entire operation of the ghost kitchen efficiently. The result was a 25% percent spike in sales in just two months. As a result, the brand can gain brand loyalty without wasting time behind a brick and mortar restaurant.

Online Ordering 196

Online Ordering Point of Sale Website Management Inventory 196

Modern Restaurant Management

MARCH 9, 2022

This can happen at any point in the food preparation process, including the packing of meals for takeaway and delivery. As per the finding from the webcast, ready-to-eat food sales will generate 2X latent demand of intelligent packaging; with sales of intelligent packaging in Ready-to-eat industry will reach US$ 2593 Mn by 2031.

Compost 208

Compost Sustainability Online Ordering Kitchen Safety 208

Izettle

NOVEMBER 15, 2021

Managing inventory across multiple channels can be confusing, time consuming, and stressful, and there’s a high chance of errors, which can be detrimental to the customer service you’ve spent years perfecting. If it’s not managed well, you’ll be overrun with excess stock, or you won’t have enough, disappointing customers who go elsewhere.

Inventory 52

Inventory Management Management Point of Sale 52

Restaurant365

DECEMBER 2, 2019

The restaurant industry never stops moving, and your success depends on how you manage all of the moving pieces. Running a restaurant requires a strong management system to help you maximize efficiency, improve your profitability, and grow in the future. managing employees. Having anytime, anywhere access.

Management 97

Management Management Point of Sale Inventory 97

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. Fortunately, all of these can be prevented by knowing and avoiding top mistakes and implementing best practices around each of them.

Inventory 78

Inventory Management Management Merchandise 78

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. However, the right point of sale system can help alleviate some of these restaurant challenges so business owners can stay ahead of their competition.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Food Supply 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.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Restaurant365

MAY 26, 2020

If your restaurant is emerging from survival mode to a break-even point or even slight profitability, it is important to reevaluate and tune up the largest expense for your restaurant: your restaurant prime cost. As you reopen your dining room, it is more important than ever to stay on top of your inventory management.

Point of Sale 148

Point of Sale Employee Relations Inventory Waste 148

Restaurant365

JUNE 15, 2021

Your restaurant is constantly generating data, whether from your sales revenue, food costs, or labor hours. You may have a hunch that you are doing fewer table turns on the weekend, or that your inventory has gotten wasteful recently. Optimizing your inventory turnover rate allows you to avoid waste and maintain quality standards.

BOH 78

BOH FOH Point of Sale Back of House 78

Margin Edge

FEBRUARY 3, 2022

Thanks to having a sales team made up exclusively of former operators, chefs and general managers, with 350+ years’ of collective experience, we’ve picked their brains and come up with a list of six ways restaurants can make a big impact in 2022 based on their experiences and tried-and-true tricks. Track waste.

2022 98

2022 Food Seasonal Menu Waste 98

Restaurant365

FEBRUARY 8, 2022

In this two-part blog post series, you’ll learn the importance of forecasting in restaurants and how to accurately implement restaurant demand forecasting. Part 2 will take a deep dive into how to forecast restaurant sales, including labor demand forecasting and food demand forecasting. Restaurant budgeting and forecasting differences.

2022 78

2022 Cash Management Point of Sale Inventory 78

Restaurant365

NOVEMBER 12, 2021

With restaurant management technology, you can use menu engineering tools to inform your data tracking and decision making. You are already generating data about your food cost, menu items, and sales levels. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix.

Menu 143

Menu Operations Point of Sale POS 143

Restaurant365

SEPTEMBER 23, 2021

Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. Healthy accounting procedures for restaurants can help you manage food and labor costs, understand your profits and losses, and make strategic decisions about expenses and investments.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

JUNE 22, 2021

Training your store-level managers and your kitchen staff about food waste reduction is critical to improving overall Cost of Goods Sold (CoGS). Training your store-level managers and your kitchen staff about food waste reduction is critical to improving overall Cost of Goods Sold (CoGS). Train your store-level managers.

Compost 88

Compost Food Waste Front of House 88

Hot Schedules

SEPTEMBER 8, 2021

Hotel operators are struggling with three major pain points: the labor shortage, competitive expansion, and lingering lockdown restrictions. Mobility Equals Flexible Ops: Hotel Purchasing & Inventory from Anywhere. Mobile tech solution can fill the gaps left behind by skeleton teams and keep operations competitive.

Hotels 147

Hotels Inventory Guest Recovery Leadership 147

Focus POS

DECEMBER 3, 2019

Sustainability is about cutting costs, eliminating waste, and improving your bottom line. Everything from proper inventory and vendor management to optimal energy and paper consumption is vital to creating a sustainable restaurant environment that is running as lean and clean as possible. Cut the Waste.

Sustainability 128

Sustainability Transportation Mobile Ordering Waste 128

Modern Restaurant Management

SEPTEMBER 2, 2022

Improving your restaurant’s SERP rankings can help generate more online visibility and subsequently more online sales. However, low-quality content that is not optimized for SERPs may simply waste your time and effort, especially if it is not targeting relevant and attainable keywords that have commercial intent.

SEO 180

SEO Social Media Audits Point of Sale 180

Restaurant365

OCTOBER 29, 2021

During the COVID-19 pandemic, restaurants implemented new safety measures designed to encourage social distancing and limit points of contact. To support this effort, your point of sale (POS) system, your payment methods, and your restaurant accounting system should all be fully integrated. Leveraging QR Codes & Mobile Pay.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

Restaurant365

JANUARY 7, 2022

Upgrading to a handheld point-of-sale device will save your servers valuable time when taking guest orders. Plus, soups are a great way to use leftover meats and vegetables that are close to expiration, reducing food waste (and the profit margins on these items can be huge). Add warmth and ambience with fireplaces and heaters.

Outdoor 148

Outdoor Seasonal Menu Point of Sale Dine-in 148

Restaurant365

JANUARY 21, 2021

Your food cost percentage is this food cost number as a percentage of sales. You can calculate your food cost percentage on the store level at each of your locations, comparing your overall inventory CoGS to your sales, or on an individual dish level. Your restaurant group is looking to the new year and making plans.

Food 78

Food Inventory Point of Sale Waste 78

Restaurant365

OCTOBER 8, 2019

With perishable ingredients and fluctuating sales, controlling food costs in restaurants can be extremely challenging. Closely Manage Your Inventory: conduct daily and weekly reports of food inventory. Restaurant inventory management monitors what ingredients come into your restaurant, what is leaving, and what is left over.

Food 99

Food Inventory Point of Sale Waste 99

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. To keep up in a fast-paced industry, restaurants might consider adding a new role, commonly called “profitability strategist,” to the management team.

Waste 78

Waste Cash Management Point of Sale Inventory 78

Margin Edge

FEBRUARY 24, 2022

This blog looks at COGS basics (in case you want a refresher), their financial impact, the COGS you should be aiming for depending on your type of restaurant, and how and when to monitor them. Purchases are separated into these different categories because the margin on sales between them can vary by quite a bit. . Take sushi vs beer.

Inventory 82

Inventory Point of Sale Waste Fine Dining 82