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It’s also more prevalent than some restaurant owners and managers might want to believe. A POS system is much more than a cash register or a checkout counter and its capabilities extend beyond that. Inventory Management System. Stealing supplies, ingredients and other inventory items is common and can be hard to monitor.
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While many assert that this signifies a long overdue change, as coffee has historically been an undervalued commodity, price volatility affects all levels of the supply chain in various ways. Many are facing the difficult decision to raise their retail prices , seeking new ways to streamline operations and managecash flow more effectively.
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each surface that comes into contact with food, and any supplies or equipment that’s used through the day. If you’re using a task management app like 7tasks , ensure that each task is assigned to a specific person to enforce accountability—and have your managers check the task list progress throughout the shift.
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In this edition of MRM Research Roundup, we have news on understanding customer loyalty, beverage insights, restaurant supply loyalty, the influence of discounts, the state of payments and the evolution of gift cards. 92 percent of respondents said they intend to purchase equipment online more frequently going forward.
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Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statement, and cash flow statement are all critical components of a restaurant's financial management. Labor costs can quickly eat into your profits if not managed carefully.
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Requiring appropriate personal protective equipment (PPE) for employees, including gloves and masks. PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5
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