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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Below are the top seven inventory management mistakes restaurants are making, and how to correct them. Always date and label everything.

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How to keep your food business going during the COVID-19 / corona crisis

Deliverect

Governments all over the world have been ordering restaurants, bars and other food businesses to close up shop - until further notice. So how can the food industry try to keep its head above water during these difficult times, and how can consumers continue to support their local food and hospitality businesses?

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The Top 5 Restaurant Inventory Management Mistakes and How to Avoid Them

Restaurant365

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. Actual Food Cost (COGS). Theoretical Food Cost. Failing to Streamline the Ordering Process. Order on time.

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How the Tech Industry is Shaping the Future of Dining

Lavu

The words “restaurant management system” rarely cause excitement. Food is fascinating, and dining out often leads to cherished memories, but a restaurant’s transaction system does not make it into those memories. There’s a reason there are millions of food photos on Instagram and just a few thousand of point of sale systems (POS).

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Point Of Sale System Cost: Why It Shouldn’t Matter

BNG Point of Sale

Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system.

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Point Of Sale System Cost: Why It Shouldn’t Matter

BNG Point of Sale

Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system.

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

For example, fast-food margins can be much higher than full-service restaurants. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. Use purchase orders. But if a restaurant’s 3% margin drops by that much? Well, that can mean the end of the restaurant.