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7 Tips to Reduce Food Waste & Increase Profit Margins

Cheetah

Pinching pennies might have worked pre-Covid, but to survive today’s increased wages and higher food costs restaurants will have to find new ways to increase profits. Taking advantage of the growing trend of reducing food waste is a great way to achieve both. The Food Waste Pandemic.

Waste 148
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How can coffee shops reduce single-use cup waste? 

Perfect Daily Grind

As they’re difficult to recycle, we can also conclude most of these cups end up going to landfill, where they contribute to a growing waste problem. However, in response to the issue of single-use cup waste, some coffee shops now offer discounts for customers who bring their own reusable cups, as well as other swap schemes.

Waste 141
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Adopting Tech Solutions Is the Smartest Decision Restaurants Can Make

Modern Restaurant Management

Hot Palette Holdings uses AI to improve their forecasting, optimize inventory, and reduce waste. Innovative tech tools, like AI, can improve forecasting, inventory management, scheduling, customer service, marketing, and many other essential business tasks. Increase quality and safety across the supply chain.

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Understanding Restaurant Finances & Financial Statements in 2024

7 Shifts

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. This way, you maintain your restaurant’s reputation for quality food.

2024 221
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Embracing Hyperlocal Ingredients: Transforming Menus and Communities

Modern Restaurant Management

Their desire to shop local has extended to farmers markets and the food industry. They are aware that some parts of the food industry have unsavory processes and practices; consumers like knowing what’s in their food and where it is coming from. Food waste is another concern regarding sustainability in restaurants.

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Emerging from COVID With a More Sustainable Approach

Modern Restaurant Management

A Sustainable Supply Chain. During the height of the pandemic, it seemed as though so many facets of the food industry were up in the air, including stress on supply chains. Food processing, in some facilities, has been slowed down substantially due to labor shortages or complete shutdowns. Waste Reduction.

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Protecting the Planet and Profits

Modern Restaurant Management

Since the day man first cooked over fire, food production has been associated with the burning of carbon-based materials, and so the release of carbon dioxide gas. Drivers for implementing carbon reduction efforts come from customers, our supply chain, the government and investors. Let’s take food first.