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Bottom Line Shrinking? Five Ways Retailers Can Optimize Labor to Minimize Costs

Hot Schedules

Five Ways Retailers Can Optimize Labor to Minimize Costs. T he return of in-person shopping has happened at varying rates depending on local lockdown restrictions, but the universal truth for most retail stores has been the massive shift to ecommerce —an estimated jump of $183 billion — cutting into brick and mortar profits.

Retail 148
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Meaningful Metrics: Empower Restaurant Managers with the Right Data to Drive Smart Decisions

Hot Schedules

A recent survey from Fourth and Nation’s Restaurant News reveals 59 percent of operators across America do not have any complex business intelligence, limiting insights to what can be gleaned from POS data , basic reporting, and/or spreadsheets. Analytics should minimize these decisions, aggregating POS data with external factors (e.g.,

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Back (Office) to the Future: The 4 Trends IT Leaders Need to Know

Hot Schedules

From time and attendance advancements tracking the employee from clock-in to punch-out to POS analytics feeding corporate monthly location performance trends, there’s no doubt innovation will give restaurant groups insights and efficiency undreamed of just a decade ago – but how do IT teams go about orchestrating a great reinvention?

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6 Reasons Why It's time to Switch from a Traditional POS System.

Ordyx

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
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Mastering Restaurant Inventory Management in 10 Easy Steps

Restaurant365

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? Restaurants generally have high levels of perishable inventory, compared to something like a retail store.

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Why Manual Restaurant Inventory Management Is Eating Your Profits

Restaurant365

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. The better and more streamlined your inventory control , the less food waste in your kitchen and the more money added to your bottom line.

Inventory 103
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Reduce Food Wastage With This Ultimate Portion Control Guide For Your Restaurant

RanceLab

Restaurants worldwide report of succumbing to the menace of wasting food every day. The UN concludes that universal food waste accounts for 8% of global greenhouse emissions. The Guardian reports every restaurant can make a profit of £7 for every £1 they invest in cutting food waste.

Food 40