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7 Key Features You Need in a Bar POS System

Lavu

These programs and APIs enable you to track your beer and liquor inventory , units, suppliers, and prices on your device. Related: Customization is King: Using POS Systems with Open APIs 2. Easy Menu Management Integration With a Cloud-Based Point of Sale Built For Bars Happy hours! So, you always know what to reorder and when.

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Take These 3 Steps to Survive An Unusual Hospitality Holiday Season

Xtra Chef

The holiday season is usually full of family, friends, and fun—and a lot of profitability for the restaurant industry. Restaurants that are already trying to find ways to cut food costs and optimize efficiency with reduced opportunities for revenue are now asking themselves: How do we thrive during this holiday season?

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11 Restaurant Management Best Practices to Maximize Your Performance in 2021

Restaurant365

For instance, you may need to proactively adjust your labor to meet a seasonal drop in sales, or plan for the best time to spend cash on any needed maintenance or upgrades. Your suppliers may have experienced fluctuations in prices for ingredients in 2020. Cost out your menu items and recipes.

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9 Restaurant Cash Flow Tips for Your Recovery and Beyond

Restaurant365

Variable costs are expenses that vary in proportion to the total menu items you sell. If your restaurant sales are not covering your expenses or if you have extra inventory in your walk-in or dry-storage that just isn’t moving, it may be time to update your restaurant menu. Hold Vendors Accountable to Contract Pricing.

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Summer Slowdown Continues as Record-High Inflation Keeps Consumers Questioning Spend

Black Box Intelligence

New data from Black Box Intelligence confirms fewer price hikes positively impacts intent to return; leads to increase in guest traffic and sales. Restaurants are experiencing strong headwinds as the industry hits peak Summer season. Price it Right: Higher Average Checks Linked to Lower Intent to Return and Decrease in Traffic.

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Why Manual Restaurant Inventory Management Is Eating Your Profits

Restaurant365

Your POS system tracks valuable information, such as your sales data, that allows you to automatically calculate your theoretical inventory based on the menu items ordered by customers. Inventory-related tasks, from counting to organizing, should be part of your restaurant’s training program. Employee initials.

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Why Manual Restaurant Inventory Management Is Eating Your Profits

Restaurant365

Your POS system tracks valuable information, such as your sales data, that allows you to automatically calculate your theoretical inventory based on the menu items ordered by customers. Inventory-related tasks, from counting to organizing, should be part of your restaurant’s training program. Employee initials.