QSR Automations

JANUARY 22, 2024

Nation’s Restaurant News has unveiled its predictions for 2024 , encompassing everything from finance to the ever-evolving landscape of food & beverage. Schedule a demo today and witness firsthand how ConnectSmart® can elevate your restaurant to unparalleled heights! Welcome to a gastronomic journey into the future!

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2024 Social Media Demo Front of House 52

Xtra Chef

JANUARY 21, 2021

We all know that tracking food costs is a must, allowing you to quickly identify supplier price changes, maintain accurate prime costs, and identify cost trends to make better business decisions. But for some operators, it’s important to go beyond simple food cost calculations and start tracking actual vs. theoretical food cost.

Food 106

Food Waste Inventory Demo 106

Mad Mobile

FEBRUARY 26, 2024

It also has one of the most complex stock lists. Because liquor, wine, and beer have such wildly varying prices, it pays to keep tight controls on ordering and inventory. Loss, waste, inconsistency — without careful management of bar inventory, you’re quickly losing a decent chunk of money. Take these lessons to heart.

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Inventory Bar Management Management 40

OneDine

JANUARY 9, 2024

Here’s a look at some anticipated trends and why the new year is the opportune moment to integrate new technology: Contactless Ordering and Payments : The pandemic amplified the demand for contactless services. In 2024, we can expect a surge in the use of QR codes for menu browsing, ordering, and payment processing.

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2024 Technology Customer Experience Sustainability 52

Restaurant365

MAY 20, 2020

Making smart, effective decisions around your food and labor costs as you continue with take-out and delivery options and begin to open your dining room can help you emerge from the economic shutdown with improved processes on a path to profitability. Controlling food costs. Controlling food costs begins with a smarter menu.

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Inventory Food Order Customer Experience Waste 148

Restaurant365

NOVEMBER 20, 2020

Prior to expanding how they used Restaurant365, says Mr. Steinbach, Eli’s wasn’t generating consistent nor accurate data for food and labor costs. For instance, because Eli’s had loose recipes that weren’t consistent between the six restaurants, there weren’t comparable food cost numbers across locations.

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Demo Point of Sale Cash Management Waste 148

Mad Mobile

FEBRUARY 5, 2024

Whatever the size of your operation, a tableside ordering system can help—it’s certainly not a tool for just large corporate restaurants. Implementing a tableside ordering system like CAKE from Mad Mobile can reshape how you run your business. Orders go directly from the server to the kitchen, reducing mistakes and miscommunications.

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Ordering Fast Casual Mobile Ordering Customer Service 52

Apicbase

MARCH 28, 2024

These include food production and inventory management. Additionally, the BOH handles food safety and restaurant administration. This includes the food prep and kitchen areas, food storage rooms, walk-in fridges, pot wash stations, staff break rooms, and offices. Food safety. Cost control. HACCP protocols.

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Back of House FOH BOH Front of House 52

Restaurant365

JUNE 22, 2021

As a restaurant owner or operator, keeping your food costs low is a continual challenge. Food cost is one of the largest expenses for your restaurant, and because it is a controllable cost, you can influence how it impacts your bottom line. The biggest factor in reducing food waste is how invested your store-level managers are.

Compost 88

Compost Food Waste Front of House 88

Xtra Chef

SEPTEMBER 14, 2020

This product release includes the debut of Waste Tracking for Inventory Management users, updates to xtraCASH and Sync, and some new features to look for in the Vendor Hub and Purchasing & Ordering Management. Inventory Management users, meet Waste Tracking! Ultimately, it’s a tool to help reduce food cost.

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Waste Cash Management Online Ordering Inventory 88

Restaurant365

MARCH 10, 2020

Because food and beverage costs make up a large part of a restaurant budget, your inventory method has large implications for your bottom line. If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management.

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Inventory Management Management Waste 103

Restaurant365

DECEMBER 11, 2020

operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.) Your Cost of Goods Sold (CoGS) is the total cost of your food and beverage ingredients over a specific period of time. Compare actual vs. theoretical food costs to optimize spending. Forecast by order mode.

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2021 Cash Management Management Management 136

Restaurant365

MARCH 10, 2022

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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Inventory Management Management Merchandise 78

Restaurant365

JANUARY 7, 2022

Upgrading to a handheld point-of-sale device will save your servers valuable time when taking guest orders. Or perhaps experimenting with using QR codes, which are a great option for customers to view the menu, order, and pay from their cell phone. You may consider establishing a 90-minute dining policy in order to keep turning tables.

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Outdoor Seasonal Menu Point of Sale Dine-in 148

Restaurant365

OCTOBER 29, 2021

You can use back-office restaurant technology to support a positive guest experience in areas such as payment, inventory and food costs, and staff scheduling. QR codes can be used to streamline how guests reserve a spot in line, as well as how a customer views a menu and places an order. Offering Multiple Convenient Payment Options.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

Mad Mobile

MARCH 1, 2024

From server robots to ordering kiosks in fast food establishments, it seems like there’s always a new gimmick trying to get your attention. But data shows that it’s more than just about the flashy toys. In the first model, customers have access to kiosks or tablets at the table and can place orders and payout at their convenience.

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Seasonal Menu POS Loyalty Program Customer Experience 40

Restaurant365

AUGUST 4, 2020

When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. Because food and beverage costs make up one of the two largest parts of your restaurant budget, your inventory method has large implications in your accounting. Conduct daily and weekly reports of food inventory.

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Inventory Management Management Cash Management 78

Restaurant365

OCTOBER 16, 2019

When most restaurant owners think about how to manage restaurant inventory, they think of food cost control. For restaurant owners, inventory control is closely related to accounting and food cost management. Food costs are one of the biggest budget items in a restaurant. The nuts and bolts of restaurant inventory management.

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Inventory Management Management POS 113

Mad Mobile

JANUARY 30, 2024

Welcome the simplicity and efficiency of tableside ordering services. In this blog, we will share the advantages of using a tableside ordering system that can elevate your establishment from good to delicious. What is tableside ordering? There are several forms of tableside ordering where the ordering method has the same result.

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Ordering Mobile Ordering Customer Service Customer Experience 40

Restaurant365

JANUARY 21, 2021

Because your food costs are one of your largest expenses, creating a focused food cost strategy can have an enormous impact on your business. Your food cost percentage is key to optimizing your profit levels. How to calculate food cost percentage. Calculate your ideal food cost percentage.

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Food Inventory Point of Sale Waste 78

Restaurant365

MARCH 10, 2020

Because food and beverage costs make up a large part of a restaurant budget, your inventory method has large implications for your bottom line. If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management.

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Inventory Management Management Waste 78

Restaurant365

JULY 21, 2021

On any given day, you may be receiving multiple food and beverage shipments from different vendors, farmers, or distributors. How do you keep track of all these different shipments and ingredients to minimize food waste, ensure you are prepared for service, and optimize what you’re spending on your ingredients?

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Inventory Management Management Waste 78

Restaurant365

MAY 17, 2022

Food inventory management goes way beyond counting the items on the shelves. Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. That’s great.

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Inventory Management Management Food 78

Restaurant365

SEPTEMBER 3, 2021

Your Cost of Goods Sold (CoGS), otherwise known as your food cost, makes up the other large part of your prime cost. Every efficiency you can add into your food cost is added to your profitability, so this can be another impactful area of focus for a profitability strategist. Minimizing Food Waste. Reducing CoGS.

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Waste Cash Management Point of Sale Inventory 78

Restaurant365

MARCH 25, 2022

If you can get through to your next ordering day with no leftover product, no spoilage, and not having to 86 any menu items, then you are winning at ordering. Why is proper purchasing of food supply important? Here are some best practices to help with easing the flow of food purchasing and receiving. Evaluate your needs.

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Food Food Truck Food Order Food Supply 78

Cheetah

APRIL 30, 2021

In case you haven’t noticed, the food truck market is on the rise , which means you need to up your game. The right commissary kitchen can mean the key to a successful food truck business – considering it offers all the benefits of having your own kitchen, without a lot of the associated overhead, paperwork, and hassle.

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Food Truck Food Supply Food License 147

Xtra Chef

SEPTEMBER 20, 2019

52% of restaurant professionals named high operating and food costs a top challenge. Fluctuating food prices (shoutout to the avocado) and rising labor costs aren’t making it any easier. However, managing food costs is key to turning a healthy profit without cutting staff or passing along extra cost to customers.

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Compost Waste Inventory Audits 60

Restaurant365

JUNE 15, 2021

Your restaurant is constantly generating data, whether from your sales revenue, food costs, or labor hours. You may have a hunch that you are doing fewer table turns on the weekend, or that your inventory has gotten wasteful recently. You can also use your CoGS data to analyze your actual vs theoretical (AvT) food costs.

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BOH FOH Point of Sale Back of House 78

Cheetah

DECEMBER 15, 2020

First things first: Request a demo for your distribution business! But food distributors only entered the game in the last few years. Even before the pandemic sent levels of online shopping skyrocketing, it was clear that companies have to go online in order to survive. Now we want to offer what we’ve built it to others.

Online Ordering 78

Online Ordering Food Point of Sale Customer Experience 78

Restaurant365

JULY 24, 2020

Shelter-in-place orders, dine-in restrictions and diners’ hesitation to eat out have combined to prompt restaurants to shift their focus to takeout and delivery. Increased demand for food delivery had already boosted the growth of ghost kitchens, and the COVID-19 pandemic has escalated both the popularity and profitability of the model.

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Front of House Online Ordering Kitchen Safety Customer Service 147

Restaurant365

JULY 9, 2020

Restaurant inventory management is the process of monitoring the food and beverage ingredients in your restaurant. Monitoring your inventory documents what food and beverage product is coming into your restaurant, what is leaving your restaurant as product sold, and what remains on your shelves and refrigerator.

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Inventory Management Management Food Supply 78

Xtra Chef

JULY 15, 2020

Reducing food cost in restaurant management is as important as ever. In this blog, discover effective restaurant management techniques to reduce food cost and position your restaurant for short- and long-term financial success. Reduce food cost by managing recipes and reengineering menus.

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Management Management Food Inventory 91

Restaurant365

NOVEMBER 18, 2021

Your restaurant’s two largest expenses are your food and your labor costs (together, known as your prime cost). Tracking both your food and labor costs in detail is critical to maintaining healthy profits over time. While there are many details surrounding your food cost data, the actual tracking is relatively simple.

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Employee Relations Cash Management Point of Sale Front of House 148

Restaurant365

SEPTEMBER 23, 2021

Healthy accounting procedures for restaurants can help you manage food and labor costs, understand your profits and losses, and make strategic decisions about expenses and investments. In between fluctuating food costs, labor costs, and sales levels, restaurants typically have a complex accounting system. Restaurant accounting cycles.

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Cash Management Point of Sale POS Inventory 147

Restaurant365

MAY 27, 2021

Your biggest restaurant expenses—food and labor costs—make up your prime cost. As a refresher, your prime cost is your food costs and your people costs (otherwise known as Cost of Goods Sold and your labor costs) over a certain period. Finally, examine the other major piece of your prime cost, your restaurant food cost.

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Point of Sale Inventory Waste Food Order 78

Restaurant365

OCTOBER 30, 2020

Daily issues with your inventory control can lead to food waste levels that skew your monthly margins. Manage Restaurant Food Inventory. Restaurants carry lots of inventory that is perishable, so an investment in inventory can quickly be wasted if it isn’t managed correctly. Reduce Your Food Cost.

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Operations Management Management Inventory 78

Hot Schedules

OCTOBER 4, 2019

A long with labor, food and beverage is one of the highest costs within a hospitality organization. What happens when something is ordered that then goes to waste? What about when there are discrepancies among what you ordered, what was sold, and what’s left in the walk-in? Schedule a Demo. Related Posts.

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Inventory Management Management Demo 60