Restaurant365

SEPTEMBER 10, 2021

The data from inventory management can help you place more accurate orders, calculate exact food costs, make informed menu changes, and address potential sources of food waste. Use an inventory management system that integrates with your POS system. Your POS data can help streamline a large part of inventory management.

Inventory 138

Inventory Management Management Point of Sale 138

Hot Schedules

JULY 26, 2021

Enforced clock-ins through an integration with your Point-of-Sale (POS) system and labor management tools. Enforced clock-ins through an integration with your Point-of-Sale (POS) system and labor management tools. But at some point, you have to wonder at what cost? Bottom Line Shrinking? The solution?

Retail 148

Retail Point of Sale Employee Relations Inventory 148

Ordyx

MARCH 28, 2021

This article will cover some restaurant tips and a couple of ways your POS system can help boost productivity in your establishment and ultimately increase profits. So, to avoid this drop in productivity, it is important to have a POS system with competent restaurant management software to assist in making these business decisions.

POS 52

POS Inventory Point of Sale Email Marketing 52

Focus POS

DECEMBER 8, 2021

However, the right point of sale system can help alleviate some of these restaurant challenges so business owners can stay ahead of their competition. How the right POS system overcomes restaurant challenges. On top of that, outdated or complicated technology can frustrate staff and invite errors when people are in a rush.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Food Supply 148

Restaurant365

JANUARY 4, 2022

Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste. Integrate restaurant inventory management with your POS system. POS integration can automate steps like uploading invoices, auto-updating ingredient prices, and tracking recipes. from a year ago. More about this later.).

Inventory 148

Inventory Pricing Management Management 148

Restaurant365

MAY 17, 2022

Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. Why a POS system is not suitable for inventory management. The POS system doesn’t do analysis.

Inventory 78

Inventory Management Management Food 78

Restaurant365

OCTOBER 4, 2019

Most restaurateurs can answer the question, “what is a point of sale (POS) system?” ” because POS systems include some of the most critical components of restaurant operations. ” How does POS integration work? Why POS integration is a vital part of restaurant accounting software.

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POS Point of Sale Cash Management Information 60

Restaurant365

NOVEMBER 12, 2021

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. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix.

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Menu Operations Point of Sale POS 143

Restaurant365

NOVEMBER 18, 2021

This two-part blog series presents an overall guide to the essentials of payroll accounting for restaurant groups. You receive time in your Point of Sale (POS) system. Thus, your labor costs are spread out between your scheduling, POS, and payroll software. Tracking time occurs in many different systems.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Focus POS

DECEMBER 3, 2019

Sustainability is about cutting costs, eliminating waste, and improving your bottom line. Cut the Waste. Food waste is a huge problem in the United States; it makes up about 30-40% of the food supply. To reduce food waste in your sustainable restaurant, you must control inventory costs. When possible, buy in bulk.

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Sustainability Transportation Mobile Ordering Waste 128

Restaurant365

SEPTEMBER 23, 2021

For instance, since restaurants primarily sell food and drink, inventory turns over at a very frequent rate, and sales are made up of a high number of transactions. Between inventory, sales, and other data points like labor, restaurants generate an enormous amount of data. What specific issues do restaurants face in accounting?

Cash Management 147

Cash Management Point of Sale POS Inventory 147

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? This means that for restaurant owners and operators, the budget you have invested in product can quickly go to waste if inventory control isn’t top of mind.

Inventory 78

Inventory Management Management Waste 78

Focus POS

NOVEMBER 1, 2021

3 Advantages Cloud POS Delivers to Restaurant Managers. Restaurant cloud POS gives owners and managers this access after hours, when they are on vacation, or any time they are off-site. What Cloud POS Offers Your Business. What Cloud POS Offers Your Business. Restaurant Cloud POS Keeps You Connected.

POS 88

POS Point of Sale Inventory Information 88

Ordyx

MARCH 4, 2019

Do you believe that a modern POS system will not add anything to your already successful business? The list goes on… Well-established and successful restaurant owners believe that their traditional way of doing business is the most convenient and a modern POS would not be of any benefit.

POS 52

POS Email Marketing Point of Sale Website Management 52

Focus POS

MAY 24, 2021

When you have the right POS system, you’re able to integrate directly with DoorDash or Uber Eats without having to rely on separate devices or secondary prep stations. After all, wouldn’t you prefer having your customers come to your dining room, pick up their food, or utilize your in-house delivery service? Read on to learn more. .

Delivery 139

Delivery Customer Service POS Online Ordering 139

Restaurant365

OCTOBER 16, 2019

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. For restaurant owners, inventory control is closely related to accounting and food cost management.

Inventory 113

Inventory Management Management POS 113

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf.

Inventory 103

Inventory Management Management Waste 103

Restaurant365

OCTOBER 29, 2021

POS integration enables flexible payment options. During the COVID-19 pandemic, restaurants implemented new safety measures designed to encourage social distancing and limit points of contact. With these POS integration connections, you can enable flexible payment options that meet customer needs.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

Restaurant365

DECEMBER 11, 2020

operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.) For instance, you may need to proactively adjust your labor to meet a seasonal drop in sales, or plan for the best time to spend cash on any needed maintenance or upgrades. over a certain period of time.

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2021 Cash Management Management Management 136

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.

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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. Track key item costs.

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2022 Food Seasonal Menu Waste 98

Lavu

DECEMBER 6, 2019

What is a POS? POS stands for point of sale. Restaurants normally utilize a POS framework to finish a business exchange. In its most fundamental definition, a POS framework is a mix of POS equipment and POS programming to make a POS machine for preparing an exchange and installment.

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 78

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

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

FEBRUARY 6, 2020

However, being able to easily access sales, inventory, and labor data allows you to quickly make informed decisions. Step 1: Record Sales Through Your POS Daily. Track Your Daily Sales. One of the most fundamental pieces of bookkeeping is tracking your daily sales. How to Generate a Daily Sales Report.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

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

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

Focus POS

DECEMBER 4, 2020

Fortunately, choosing an innovative and intuitive online ordering system that integrates with your point of sale doesn’t have to be complicated. If you’re spending more time troubleshooting issues than making sales, you need a simplified solution. Choosing an online ordering system can be complicated and costly.

Online Ordering 146

Online Ordering Ordering Mobile Ordering Point of Sale 146

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Restaurant owners need to know how much things cost so they can be sure their business is profitable. What Are Overhead Costs And Expenses?

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

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.

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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

APRIL 14, 2020

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. Instead, focus first on which menu items are your most profitable and popular, based on your recipe costing and historical sales.

Inventory 109

Inventory Delivery Management Management 109

Restaurant365

OCTOBER 8, 2019

With perishable ingredients and fluctuating sales, controlling food costs in restaurants can be extremely challenging. Manually counting food item quantities to account for potential areas of inventory loss (wait staff errors, kitchen waste, or incorrect preparation) can be time consuming, but necessary.

Food 99

Food Inventory Point of Sale Waste 99

Restaurant365

JUNE 24, 2020

This requires not only increasing total sales, but also reducing costs. While these are not optimal times in the restaurant industry, there are tactics you can implement now to both increase sales and optimize your controllable costs. Advanced inventory management software can import menu items from your POS, then map them to recipes.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

Restaurant365

OCTOBER 30, 2020

Daily issues with your inventory control can lead to food waste levels that skew your monthly margins. Restaurants carry lots of inventory that is perishable, so an investment in inventory can quickly be wasted if it isn’t managed correctly. In a restaurant, there’s always something that needs to be done.

Operations 78

Operations Management Management Inventory 78

Goliath Consulting

FEBRUARY 8, 2022

QR codes have been mentioned a few times in our blogs. Having said that, this helped restaurants reduce paper waste, printing, and limited contact in between customers and workers. The restaurant industry has been slowly adopting new innovative technology and digital solutions as of recent. These codes helped many restaurants in 2020.

2022 78

2022 Technology Online Ordering Customer Service 78

Restaurant365

OCTOBER 1, 2021

It can be calculated with the following formula: Gross Profit = Total Sales – CoGS. Your gross profit margin is expressed as a percentage, which you can use to understand how much of every dollar you make goes to your profit margin: Gross Profit Margin = (Gross Profit ÷ Total Sales) x 100. Why restaurant profit margins are low.

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Point of Sale Food Truck Loyalty Program Inventory 78