Restaurant365
JUNE 22, 2021
Food cost is one of the largest expenses for your restaurant, and because it is a controllable cost, you can influence how it impacts your bottom line. 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.
The Restaurant Times
MARCH 6, 2023
Just like a restaurant’s success is not entirely determined by the food or beverages it serves, the average profit margin for restaurants is influenced by various factors. trillion in revenue due to food waste by 2030. What Is The Average Profit Margin For Restaurants? According to a report , restaurants are expected to lose about $1.5
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Rocket Fuel
DECEMBER 9, 2022
Speed of service (SoS) may be one of the most important metrics your QSR restaurants track—Its influence on other facets of your business is undeniable. Having POS, BOH, labor, VOC, and SOS metrics available in one place allows you to easily compare metrics and get a clear picture of your areas of improvement.
Rocket Fuel
DECEMBER 9, 2022
Speed of service (SoS) may be one of the most important metrics your QSR restaurants track—Its influence on other facets of your business is undeniable. Having POS, BOH, labor, VOC, and SOS metrics available in one place allows you to easily compare metrics and get a clear picture of your areas of improvement.
7 Shifts
DECEMBER 18, 2023
This helps prevent stockouts, which are frustrating for customers and BOH and can hurt your restaurant’s bottom line. Additionally, inventory management tools can help you prevent unnecessary waste. This information can then influence your marketing initiatives. These analytics will help you identify key customer patterns.
7 Shifts
DECEMBER 18, 2023
This helps prevent stockouts, which are frustrating for customers and BOH and can hurt your restaurant’s bottom line. Additionally, inventory management tools can help you prevent unnecessary waste. This information can then influence your marketing initiatives. These analytics will help you identify key customer patterns.
Apicbase
JANUARY 13, 2023
With smart food ordering — meaning leveraging tech for inventory management and vendor selection — operators can cut down on food waste by 80%. RoadWarrior App , 2022) Restaurant Food Waste Statistics Reducing food waste = reducing overall costs. Interesting food waste stats: US restaurants generate around 15.5
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