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Steady Online Ordering Brings Food Waste, Donations to the Forefront of Priorities Ordering food online increases restaurant sales, but it also can potentially increase wasted food if proactive measures aren’t taken – for both the business and consumers at home.
Improved traceability means better inventory management, as restaurants have clearer insights into what’s coming in and going out of the kitchen. A good plan documents how product is received, stored, and consumed in meal preparation. Beyond safety, there are additional benefits.
We decided to expand into the Consumer Packaged Goods (CPG) space, aiming to get our ice cream pints into grocery stores. Practically overnight, we shifted from a scoop shop model to a full-fledged CPG business, navigating supply chain disruptions, evolving consumer demand, and the operational realities of large-scale manufacturing.
The results demonstrated that online consumers seek delivery services from providers committed to carbon-neutral processes. This trend of seeking out a more sustainable process of e-commerce related to food goods is not going away anytime soon. The rest goes to feeding local consumers and livestock or turning them into biofuels.
Managing Inventory The first area of focus for any waste elimination strategy is your restaurant’s approach to ingredients. Automated inventory controls are becoming more accessible to even small restaurants, so implementing these throughout your organization is worth implementing. The rewards are certainly well worth the effort.
For the third year in a row, consumers want more kiosks. The findings from this year’s Phygital Index Report underscore just how significantly consumer spending behaviors are shaping restaurant engagement, even more so than in previous years. Diners are willing to embrace voice AI. Have guests’ needs changed?
A Dilemma of “Super Size” Proportions Amid rising food prices and shifting consumer preferences, the restaurant industry is facing a dilemma of “super size” proportions. AI and Guest Trust SOCi’s 2025 Consumer Behavior Index (CBI) sends a clear warning to restaurant CMOs and digital marketing leaders.
The results demonstrated that online consumers seek delivery services from providers committed to carbon-neutral processes. This trend of seeking out a more sustainable process of e-commerce related to food goods is not going away anytime soon. The rest goes to feeding local consumers and livestock or turning them into biofuels.
In order to reduce cost, waste, and optimize inventory, the process begins with planning and forecasting. This is important because the material shifts in consumer behavior are largely associated with how they choose to discover, purchase, and receive their goods from restaurants. Tracking Supply Chain Flow.
' No wonder consumers are becoming more resistant to eating out.” consumers not only spurring inflation but lowering overall consumption and slowing the economy, cautioned Ben Johnston, Chief Operating Officer of Kapitus, a small business lender and marketplace. "U.S. Costs that would need to be passed on to consumers."
.” According to a 2024 global survey by Lightspeed, 45 percent of consumers are taking part in solo sit-down meals, and a further 34 percent categorize the experience as a form of self care – citing the peace and quiet of the meal and the opportunity to partake in people-watching as top priorities to get out of the experience.
Get Smart on Oil Consumers are turning their attention to the individual qualities and applications of oils. From eyebrow-raising splurges and quirky simple essentials to cultural events and TikTok trends that pushed consumers to hit “add to cart,” I thought this would be of interest to you and your readers!
A busy staff means productive staff, which is good for business. Recommended Reading: How to Effectively Manage Restaurant Inventory Productivity for Managers Problem: The self-coaching manager I conducted an interview with a restaurant staff member who put 5 years of hard work into providing excellent food service.
Inventory stock changed significantly. While what consumers eat won’t change, post-COVID-19, how they will get it will. Besides, consumers are already thinking digital first. What’s more, consumers tend to spend extra on their food when ordering by themselves, either through kiosks or branded apps.
Over the past several months we have seen customers modify their business models to accommodate restrictions and consumer preferences. “The meal kits give companies the opportunity to offer a healthy and convenient option to their employees, and keeps our inventory moving. ” Reviving The Supply Chain.
Nearly every day, something happens that is not only a disaster for a good chunk of humanity, but profoundly stupid. With the rise of direct-to-consumer brands, this tactic became popular with food and cookware brands as well, from Fishwife x Fly By Jing s Sichuan-chile-crisp smoked salmon to Graza and Areaware s clever Drizz & Dip set.
Fifty-three percent of those respondents said they have reduced their cost of goods sold (COGS) through better inventory tracking of key ingredients. In addition, AI can be used to automate and improve many back-of-house processes such as sales forecasting, purchasing, inventory, scheduling, and accounting.
Any restaurants that typically receive lettuce from California, corn from Indiana, or grain from Ukraine need to come up with a backup plan, as those goods will likely not be widely available. Elevate your inventory management. You can’t properly manage your spending if you don’t have a good handle on your inventory.
These heightened food safety standards and consumer expectations are sure to continue after reopening and could possibly lead to more permanent requirements. These heightened food safety standards and consumer expectations are sure to continue after reopening and could possibly lead to more permanent requirements.
Approximately 45 percent of all fruits and vegetables , 35 percent of seafood, 30 percent of cereals, and 20 percent of meat and dairy products are wasted by suppliers, retailers, and consumers each year. Upgrade inventory and ordering systems with the latest technology. Practice good stock control. Stop overprepping.
With the rising costs of goods, consumers growing more conscious of spending habits, and private equity-backed brands popping up in communities large and small, mom-and-pops are in danger of adding to the failure statistics. Take a busy corner café, for instance. The result?
This enables you to provide the modern eCommerce/omnichannel customer experience today’s consumers crave. These insights empower you to better estimate what inventory you need to order more or less of, so you have enough of what’s needed and less of food that goes to waste.
In this guide, youll learn: Why restaurant apps matter in 2025 and how its the consumer driving the changes The different types of restaurant apps How to make the most of your own branded restaurant app and its many benefits Lets take a closer look at why every restaurant should use apps in 2025. Inventory and supply chain apps.
Local search has had a big moment during the pandemic, and now as inflation surges and inventory challenges mark the latest hurdle, I think that moment is here to stay. consumers have used the internet to find information about local businesses more than once a week. Engage on platforms where your target consumer is making decisions.
News of these events, coupled with inflation, have led consumers to become increasingly conscious about food waste, adopting strategies such as better meal planning, using leftovers, and buying imperfect produce or upcycled products. This is basically a hack that allows operators to only inventory their top value items for it to work.
Today we will take a look at how disintermediation of the guest has impacted hotels, airlines, real estate, movies, and consumer packaged goods. Today, with proper integrations, information is syndicated out in a way that reflects live inventory.
Rather than turning to personal credit cards that may carry high interest rates, or expensive merchant cash advances, a good business credit history can open up access to more affordable options. But it doesn’t have to be time-consuming. Technology Investment Is Becoming Non-Negotiable Restaurant technology is no longer optional.
Despite challenges including inventory costs, commission fees and staff turnover, many restaurant owners are expressing optimism about moving forward, according to TouchBistro’s 2024 State of Restaurants Report. What can restaurant operators do to better handle inventory and labor challenges?
While using credit cards is a convenience for consumers, this form of payment represents a major cost center for restaurants. Credit card acceptance is an essential part of doing business today as more consumers move toward cashless forms of payment. merchants who accepted credit cards as payment for goods and services paid $105.23
Historically high gas prices are pushing consumers towards EV options. Additionally, growing numbers of new EV models – and government sales incentives – are sparking consumer interest. Consumers’ needs will change as they transition to EVs. Attract consumers, employees, and investors.
The terms "organic" and "clean," for example, have a new, heightened relevance with consumers in a post-COVID-19 environment with their hyper-focus on strengthening immune systems and preparing bodies for any potential interaction with the virus. And the numbers are impressive. What contingency plans are available?"
While the green light to reopen is long-awaited good news, as various states continue to allow establishments to open dining indoors at a limited capacity, there are monumental impacts to the overall foodservice industry and subsequent impacts on the food and beverage manufacturers and distributors who are called upon to act quicky.
Consumer demands are changing at a rapid rate. Better Order Accuracy Equals More Satisfied Customers If a customer has a good experience at a restaurant, it will influence their decision to return. Data shows that order accuracy , fueled by improving technology, received top marks from satisfied consumers.
Big data may seem like a tech-savvy buzzword, but it's a hot topic of conversation for a good reason. There's no denying that manual restaurant reporting can be time-consuming. To stay profitable, restaurants must determine their cost of goods sold (CoGS). Everything nowadays is trackable.
Among the findings: Casual experiential dining appeals on many fronts to consumers of varying ages in different parts of the country looking for affordable culinary experiences. Chef driven fast casual restaurants feed consumers’ desires for high quality menu items delivered quickly and on the go.
Below are some key restaurant metrics you should be tracking for your restaurant: Cost of goods sold (COGS) The cost of goods sold refers to the amount it costs to produce an item on your menu. To keep your restaurant in good financial standing, you should aim for at least 70%. Ideally, you’ll want this to be close to 60%.
With the rise of on-demand delivery and easy-to-use checkout technology driving consumer demand for quick service, restaurant operators are implementing modern payment solutions that provide a more seamless and customer-friendly dining experience ahead of the busy holiday shopping season. remain eager to dine out.
By Heather Langley, Contributor The hospitality environment evolves at a rapid rate, and bars and restaurants must continue adapting to the ever-changing needs of the consumer. By integrating it with your other systems, you are able to grow your restaurant and manage your inventory, employees, and sales data with ease.
As brands place emphasis on creating a meaningful guest experience, robotics companies offering tools such as tech-enabled order taking or serving, should stop calling themselves ‘robotics’ as it will likely steer some operators, consumers and investors away. Slow movers tie up inventory -and the cash needed to by that inventory.
As we head into 2024, all eyes are on the Federal Reserve as interest rates hold the key to employment and the consumer spending fueling the small business economy. This means lower interest rates for businesses financing inventory and investing in expansion. small businesses in driving economic growth.
It’s also time-consuming, time-sensitive and dependent on accuracy – putting a lot of strain and pressure on you to get it done and get it done right. Here’s the good news. Even for the most seasoned, well-rounded restaurateurs, restaurant accounting is often a complex and intimidating new world.
The research found that businesses worldwide – particularly restaurants – intend to experiment more in 2025, especially with customer retention programs like loyalty, as they face the triple challenge of sustained high inflation, shrinking consumer wallets and the need to raise prices across the board.
In many industries, GS1 Standards are already being implemented to enable granular traceability as well as improving supply chain efficiencies and inventory management. Increasingly, consumers want to know everything they can about the food they eat. A data-rich 2D barcode makes all this information available with a simple scan.
The best results right now can be discovered through the alteration of menus based on what consumers need now, and on what sells best. Reach out to your distributors to take inventory in terms of thinking through what might be available and when. Need to make menu changes? Work on Your Supply Chain. So, use this time wisely.
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