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. Sitting Inventory.

Inventory 78

Inventory Management Management Food Supply 78

Restaurant365

MAY 17, 2022

Food inventory management goes way beyond counting the items on the shelves. The most important part of inventory management is understanding how the amount of product relates to your profit margin. Why a POS system is not suitable for inventory management. Best practices for effective food inventory management.

Inventory 78

Inventory Management Management Food 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. The nuts and bolts of restaurant inventory management. Inventory tracking also includes product transfers between stores.

Inventory 113

Inventory Management Management POS 113

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. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance. Actual Food Cost (COGS).

Inventory 78

Inventory Management Management Merchandise 78

Apicbase

JULY 20, 2023

Tight inventory management is crucial to the profitability of any restaurant business, but it’s especially important for multi-outlet businesses, where mistakes and small discrepancies are multiplied many times over. But when you have reliable inventory information and PAR levels figured out, you can send purchase orders with confidence.

Inventory 40

Inventory Food Safety Cash Management Waste 40

Restaurant365

JULY 21, 2021

When it comes to restaurant inventory, there are a lot of moving pieces. Understanding how to master restaurant inventory management is an invaluable skill. Your inventory control tracks what is coming in and out of your restaurant and what is left over during a certain period of time.

Inventory 78

Inventory Management Management Waste 78

Hot Schedules

OCTOBER 4, 2019

Managing Inventory — and Your Time . Aside from the cost of the items themselves, there are many expenses associated with managing inventory. Or when you run out of something you need, and have to rely on more expensive, ad-hoc purchases to fill in? Inventory management is an inherently reactive piece of the business.

Inventory 60

Inventory Management Management Demo 60

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

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Inventory Management Management Waste 103

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. It’s time-consuming, taking you and your staff away from the things that drew you to the restaurant industry in the first place: making incredible meals and creating memorable experiences. Part 2: Why Inventory Management Matters. Table of Contents.

Inventory 78

Inventory Management Management Cash Management 78

Xtra Chef

JUNE 25, 2019

Today, we announced that xtraCHEF has reinvented restaurant inventory management software. I wanted to share some thoughts on why we built an Inventory Management product and how our offering is different than any other product available in the market today. Why Build Another Restaurant Inventory Management Software.

Inventory 60

Inventory Management Management Demo 60

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

Lavu

NOVEMBER 10, 2022

Related: Kitchen Display Systems: How Your Restaurant Can Benefit #3) Inventory Management System Tracking inventory at your restaurant can be tedious. Constantly measuring and managing usage takes time and attention to detail. But, you can automate inventory monitoring too. Schedule your demo today.

Employee Relations 78

Employee Relations Inventory Fast Casual Point of Sale 78

Lavu

DECEMBER 12, 2022

Monitor Your Cash Movement First things first, know what cash is coming in and going out each week. Annual budgets can only take you so far in terms of great cash management practices, so use the forecast as a guide to allocate funds for seasonal staff, stocks, and marketing needs.

Cash Management 78

Cash Management Management Management Point of Sale 78

Restaurant365

JANUARY 18, 2022

Pre-consumer waste is all food that’s wasted before it gets to the customer, like spoiled inventory and kitchen scraps. Post-consumer waste is everything that’s wasted after it reaches your guests, like leftovers that get thrown out after they’re served. Monitor inventory days on hand. Keep a food waste journal. Reduce spoilage.

Waste 147

Waste Compost Food Consumer Goods 147

Apicbase

MARCH 28, 2024

These include food production and inventory management. The department is responsible for purchasing and managing inventory, food preparation, cooking and plating, menu planning and pricing, food safety, and hygiene. Let’s take a more detailed look at precisely what BOH operations entail.

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Back of House FOH BOH Front of House 52

Mad Mobile

MARCH 8, 2024

You’ll find information about everything in our guide, from hardware and key features to cost and security considerations.  If you’re ready to join the digital revolution that’s taking the industry by storm, you’re in the right place! Sales, inventory, and staffing can all be managed and analyzed with the options offered by your provider.

POS 40

POS 2024 Mobile Ordering Loyalty Program 40

Restaurant365

JANUARY 21, 2022

Many of the sustainability practices that we were committed to pre-COVID flew out the door when we entered this unprecedented era. One in three Americans would be willing to subscribe to a local low-cost reusable take out container return program. During the pandemic the takeout market more than doubled.

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Sustainability Recycling Compost Waste 147

Apicbase

MARCH 28, 2024

The F&B director works with the order forms, the COO analyses the profit and loss statements, the inventory manager checks the stock counts, the executive chef works in the recipes database and so on. All come with their own data sets and metrics – food cost, inventory variance, sales numbers, the list goes on.

Management 52

Management Management Point of Sale Kitchen Safety 52

Xtra Chef

JULY 15, 2020

Knowing the true, current cost of every plate coming out of your kitchen is essential to reducing food cost in restaurant management. Just upload your invoices to automatically build out a Product Catalog! Streamline restaurant inventory management to reduce food cost. Lean times call for using a lean inventory.

Management 91

Management Management Food Inventory 91

Xtra Chef

JULY 6, 2020

Check out detailed release notes by logging into [link] and navigating to the Knowledge Base. Get an Inventory Summary Report to analyze opening and closing numbers. Recipe Management isn’t the only module getting the love in this update—we have a new report for Inventory Management users, too! Stay tuned! Let’s chat!

Inventory 126

Inventory Customer Experience Back of House Social Media 126

Restaurant365

NOVEMBER 18, 2021

Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost. Thus, your labor costs are spread out between your scheduling, POS, and payroll software.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

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. Manage Your Inventory. For more information, schedule a free demo.

Inventory 148

Inventory Food Order Customer Experience Waste 148

Restaurant365

MARCH 30, 2022

6 signs it’s time to take the leap from bookkeeping to accounting software. You most likely started out passionate about serving people on their special days and being a part of creating memories for your patrons. Many restaurants start out using spreadsheets because they are basically free, easy to use, and highly customizable.

Inventory 78

Inventory Audits Point of Sale Information 78

Mad Mobile

FEBRUARY 5, 2024

The problems draining your efficiency are all too familiar: Manual, multi-step tasks from order taking to order entry to payment Outdated tech with poor user experience: does it take your staff several minutes to input an order? Limited, out-of-date server stations: 70% of POS terminals are 2 years old. This wasted time adds up.

Dietary Restrictions 52

Dietary Restrictions Mobile Ordering Front of House Customer Service 52

Restaurant365

FEBRUARY 18, 2022

Data-driven restaurants can look at their order histories to see what patrons are asking for and make decisions more confidently, rather than acting on a hunch just to run out of your star menu items mid-shift. Managers can count and order inventory, create and assign schedules, review P/L data, and more from any mobile device.

Technology 78

Technology Dietary Restrictions Back of House Front of House 78

Apicbase

MAY 8, 2024

Finally, we will explore the best alternatives to MarketMan, helping you decide which restaurant inventory management platform aligns best with your needs. Inventory management: MarketMan tracks inventory and reports on stock counts and total value. Here are the most important features of the platform and what they help you do.

Inventory 52

Inventory Food Supply Kitchen Safety Back of House 52

Margin Edge

SEPTEMBER 23, 2019

Keeping tabs on your ingredient usage, in turn, is difficult without control of your inventory. The goal, then, is to find your own “sweet spot” where your food cost savings pay for the time you spend counting inventory. Good Inventories Are a Practical Necessity. Define Your Ideal Inventory Cycle.

Inventory 45

Inventory Employee Relations Food Order Waste 45

Mad Mobile

FEBRUARY 5, 2024

In fact, surveys show that 56% of people dine out at least twice a week! You won’t need a central POS terminal taking up room in your dining area. Implementing a tableside ordering system like CAKE can help managers and owners track inventory and update menus on the fly. Times are tough for restaurants of every size.

Ordering 52

Ordering Fast Casual Mobile Ordering Customer Service 52

ChefMod

MARCH 16, 2024

Why This Matters With ChefMod’s Supplier Credit Management feature, gone are the days of sifting through emails and paperwork to figure out your financial stance with suppliers. Explore the possibilities with ChefMod, and let us help you take your restaurant management to the next level.

Management 52

Management Management Mobile Ordering Demo 52

Restaurant365

MARCH 5, 2021

Aside from making the tastiest pizzas with the freshest ingredients, Pi Pizzeria prides itself on taking care of its awesome team by paying a higher minimum wage, minimizing its carbon footprint with sustainable purchases and practices, and giving back to the community. It takes 60 seconds an invoice,” said Mr. McDowell.

Hospitality 78

Hospitality Management Management Inventory 78

Restaurant365

SEPTEMBER 23, 2021

For instance, since restaurants primarily sell food and drink, inventory turns over at a very frequent rate, and sales are made up of a high number of transactions. Between inventory, sales, and other data points like labor, restaurants generate an enormous amount of data. Schedule a free demo of Restaurant365 today.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Apicbase

MAY 21, 2024

That means balancing brilliant ideas with practicality and taking the time to consider all variables that can impact food costs , menu scalability, and customer first impressions. Setting a final menu takes time, because there are many factors to juggle beyond recipes.

Menu 52

Menu Dietary Restrictions Allergens Seasonal Menu 52

Restaurant365

JUNE 26, 2020

The accounting team spent hours daily and monthly doing cash reporting from the stores, entering journal entries manually, and “paper checking” everything out. ” She also takes advantage of R365 for controlling costs. ” Schedule a Demo Schedule My R365 Demo.

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Franchise Franchising Cash Management Demo 148

Restaurant365

FEBRUARY 15, 2022

If your forecasts are off and you understaff or under order inventory, it negatively impacts the guest experience, and ultimately the bottom line when you lose business as a result, or your managers are forced to comp meals to compensate for poor service. You must get down to that hourly forecast to figure out what you need on the floor.

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2022 Point of Sale Inventory Events 78

Restaurant365

JULY 14, 2021

You need to be able to track exactly what kind of waste your restaurant is generating, weighed out by different categories. Once you take a couple shifts to track waste, you can multiply each category weight by a month, quarter, or year, to find out your total waste footprint. Use FIFO method to reduce spoilage.

Waste 78

Waste Compost Food Inventory 78

Restaurant365

FEBRUARY 25, 2022

While international flavors may be increasing in popularity, your friends at Restaurant365 want to be sure you are making choices that will increase bottom line should you decide to try them out. Calculating food costs can seem complicated at first, but if you take the time to understand each value one by one, the process gets easier.

2022 148

2022 Menu Seasonal Menu Pricing 148

Mad Mobile

FEBRUARY 29, 2024

The best POS for your bar allows you to run open tabs, split checks, and track your inventory. Each bar software system is designed to support your business, and there are plenty of them out there. Having all menus accessible from one screen simplifies navigating, entering orders, and taking payments on the fly.

POS 40

POS Bar Brewery Customer Service 40