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.

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Inventory Management Management Waste 78

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

Restaurant365

AUGUST 4, 2020

You invest a large amount of your budget in inventory. When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. Integrating inventory management with accounting facilitates better inventory control. What is restaurant inventory management?

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Inventory Management Management Cash Management 78

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

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.

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Inventory Management Management Demo 60

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.

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Inventory Food Supply Kitchen Safety Back of House 52

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. Food waste reduction requires some additional work to properly store, monitor, and use inventory ingredients, so employees must be fully invested in the process. Monitor inventory days on hand. Reduce spoilage.

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Waste Compost Food Consumer Goods 147

Restaurant365

MARCH 23, 2022

Closely manage your inventory. Restaurant inventory management monitors what ingredients come into your restaurant, what is leaving, and what is left over. Inventory tracking is an essential restaurant task—with more efficient food, beverage, and supply orders, you are saving money and adding to your bottom line.

Food 78

Food Waste Inventory Food Order 78

Xtra Chef

NOVEMBER 18, 2020

Common examples include improper refrigeration, over-ordering, and poor restaurant inventory management methods. Incorrect or inconsistent kitchen training can lead to larger portion sizes than planned. You can reduce the amount of food spoiled in your kitchen with better inventory controls and placing orders based on par levels.

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Waste Food Front of House Compost 110

Restaurant365

JUNE 22, 2021

Training your store-level managers and your kitchen staff about food waste reduction is critical to improving overall Cost of Goods Sold (CoGS). Train your store-level managers. The success of your food waste optimization hinges on prioritizing training for your store-level managers in every area.

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Compost Food Waste Front of House 88

Restaurant365

JUNE 15, 2021

You may have a hunch that you are doing fewer table turns on the weekend, or that your inventory has gotten wasteful recently. To calculate your CoGS totaled during a given period, you can use the following formula: CoGS = Beginning Inventory + Additional Purchases Made During the Period – Ending Inventory.

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BOH FOH Point of Sale Back of House 78

Restaurant365

OCTOBER 30, 2020

It touches everything that is critical to the restaurant running smoothly, from how you schedule your staff to properly managing your inventory. Daily issues with your inventory control can lead to food waste levels that skew your monthly margins. Manage Restaurant Food Inventory. Reduce Your Food Cost.

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Operations Management Management Inventory 78

Restaurant365

MAY 20, 2020

Now, more than ever, is the time to optimize food costs by limiting your menu options, creating contract prices with your vendors, and tightening the way you handle your inventory. Manage Your Inventory. The key to gaining the most out of your inventory is how you reduce variances and tighten processes. WATCH THE WEBISODE.

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Inventory Food Order Customer Experience Waste 148

Mad Mobile

FEBRUARY 29, 2024

In a food-focused model, things move slower, and the diner’s experience is the most important thing.  The best POS for your bar allows you to run open tabs, split checks, and track your inventory. Inventory management Inventory management is an essential function in most bar POS systems today.

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POS Bar Brewery Customer Service 40

Restaurant365

NOVEMBER 5, 2021

A commissary location can also help you condense your deliveries of inventory, resulting in potential volume discounts with vendors. A centralized location for prep can be integrated with your inventory management system, allowing you to streamline ordering, fulfillment, and in-person inventory tracking.

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Kitchen Safety Food Truck License Food Safety 148

Lavu

NOVEMBER 18, 2022

Hiring & Training: Outline plans for filling positions at your business and what you can do to train your team to excel in their roles. A few essentials include a pizza point-of-sale (POS) system , online ordering platform, invoice management software , and inventory management system.

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Loyalty Program Download Document Point of Sale 78

Restaurant365

DECEMBER 4, 2020

Understanding this break-even number, which is based on your operating expenses, informs everything from your staffing decisions to adjustments in inventory. This approach has been challenging for restaurants in particular, who have labor and inventory that can be difficult to adjust quickly. Finding, training, and retaining staff.

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2021 Operations Mobile Ordering Social Media 78

Restaurant365

JUNE 3, 2022

Your daily duties may include creating schedules , counting inventory , and entering invoices , but that does not define you. Are you operating a certain way just because “that’s how it is done here”, or because that is how you were trained when you started? Schedule a free demo of Restaurant365 today. You are a restauranteur.

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Management Management Back of House Front of House 78

Mad Mobile

FEBRUARY 5, 2024

The tableside ordering tablets have the same POS interface, making it easy to use without requiring much training. Implementing a tableside ordering system like CAKE can help managers and owners track inventory and update menus on the fly. Learn more about tableside ordering and schedule a demo today!

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Ordering Fast Casual Mobile Ordering Customer Service 52

Restaurant365

JUNE 26, 2020

Ballard estimates the team is already saving in excess of 50 hours a month with R365 but is looking forward to the full implementation and training rollout to the entire company, “I anticipate that time savings to grow.” ” Schedule a Demo Schedule My R365 Demo.

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Franchise Franchising Cash Management Demo 148

Hot Schedules

SEPTEMBER 14, 2020

Leaders are adapting to the new safety expectations with a combination of technology, training, equipment, and materials purchases. To find out how we can help you managed increased materials cost, check out our Inventory Management solution for Hotels. Get a demo, learn more, or just ask some questions. Related Posts.

Hospitality 78

Hospitality Management Management Employee Relations 78

Restaurant365

JANUARY 11, 2022

Even though your restaurant POS system should track discounts and voids automatically, it’s advisable to keep track of trends through your digital manager log to prevent theft, provide more training to inexperienced staff and learn what food is getting discounted and comped. Schedule a free demo of Restaurant365 today.

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Management Management Employee Relations Communication 158

Restaurant365

AUGUST 12, 2021

Add in all of the invoices, orders, and inventory you are tracking. You can end up with issues like managers overspending on labor or inventory over an extended period, requiring you to make major, rapid adjustments at the end of the period to meet targets. Think about how many transactions you do in a day.

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Leadership Inventory Hiring Point of Sale 78

Restaurant365

MARCH 25, 2022

Look at your last order, do an inventory to see what you have on hand, then consider your sales forecast to determine where you need to be in the next few days or weeks (whenever your next order is; see below). The key to lowering your food costs is to keep your inventory as low as possible without running out of product. Engage help.

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Food Food Truck Food Order Food Supply 78

Restaurant365

JANUARY 21, 2021

Not only can your food cost help you better understand your restaurant group’s budget, but it can also drive your menu pricing and inventory control at all your locations. Then, you can compare your theoretical to your actual food cost, which is the food cost given your real-time sales and inventory levels.

Food 78

Food Inventory Point of Sale Waste 78

Restaurant365

APRIL 26, 2022

Finally, there is also the cost of training new employees and a period of lost productivity as they learn their responsibilities. However, implementing industry skills training, mentorship, and a healthy culture takes time and may not show immediate quantifiable return on investment. Focus on training and development.

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Hiring Employee Relations Front of House Back of House 78

Restaurant365

JANUARY 11, 2022

Even though your restaurant POS system should track discounts and voids automatically, it’s advisable to keep track of trends through your digital manager log to prevent theft, provide more training to inexperienced staff and learn what food is getting discounted and comped. Schedule a free demo of Restaurant365 today.

Management 142

Management Management Employee Relations Communication 142

Restaurant365

APRIL 20, 2022

Make sure all restaurant staff is properly trained. You should take the time to make sure that employees are properly trained, and that you clarify your expectations on customer engagement, cleanliness, and ticket times. Schedule a free demo of Restaurant365 today. However, less obvious factors should not be overlooked.

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Loyalty Program Customer Service Employee Relations Customer Experience 78

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. Optimized CoGS starts with accurate and detailed inventory management , which informs all purchasing decisions. Are you able to step back and look at the bigger picture?

Waste 78

Waste Cash Management Point of Sale Inventory 78

Marketman

DECEMBER 21, 2019

Cost and inventory management. As opposed to other retail management systems, these systems are specifically restaurant oriented to be able to track your inventory and finances in a way that best translates to your line of work. Make sure everyone is trained. Staff management. Accounting. Tracking your cash flow.

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Management Management Cash Management Inventory 52

Restaurant365

DECEMBER 11, 2020

Automating this process with a restaurant-specific inventory management system can help you quickly identify vendor pricing errors. Then, tracking the usage and yield of each item on the master inventory list, you can calculate the cost of your recipes and menu items. Ask for a free demo of Restaurant365 today.

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2021 Cash Management Management Management 136

Smart Systems Pro

APRIL 3, 2019

I supply my accountant, or whoever prepares my books, my ending inventories within five days of the end of every month ­­­ _. My restaurant does a monthly food and liquor inventory ­­­ _. For even better controls, my restaurant does a weekly and/or a daily food and liquor inventory ­­­ _. Running the Restaurant.

Management 72

Management Management Cash Management Front of House 72

Restaurant365

SEPTEMBER 17, 2021

For instance, offering new opportunities and training to employees can help set them up for success in future restaurant management roles. Maybe an employee can be responsible for completing scheduling or inventory or placing a chemical order or cheese order. It doesn’t have to be a large, mission-critical task.

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Hiring Recruiting Training Communication 78

Restaurant365

JUNE 4, 2021

Upselling requires you to train your servers. Your AvT measures what inventory you should be using, assuming perfect portions and no mistakes, in contrast to what you are actually using. Your inventory management is another critical part of maintaining an optimized food cost. Tracking inventory invoices is key.

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Loyalty Program Point of Sale Inventory Customer Service 78

Apicbase

MARCH 3, 2023

This end-to-end solution uses data from your POS to provide insights into sales, food costs, menu engineering and inventory management. Additionally, Apicbase updates your inventory levels based on sales data and provides real-time stock-level reports for each location. You instantly get the actual profit margin for each menu item.

Point of Sale 52

Point of Sale POS Management Management 52

ChefMod

MARCH 10, 2024

Running a restaurant comes with its unique set of challenges, and managing procurement and accounts payable can often feel like navigating a maze of paperwork, negotiations, and inventory management. Our trained teams cut their teeth working in restaurants and are fully trained in the language of our industry. Absolutely!

Mobile Ordering 40

Mobile Ordering Pricing Customer Service Sourcing 40

Restaurant365

OCTOBER 15, 2021

If the numbers could use improving, you can consider store-level training, such as a refresher on how to upsell tables. Training servers on how to suggest food and drink pairings can help maximize sales. Schedule a free demo of Restaurant365 today. Sales per server hour data can help showcase the efficiency of your servers.

Management 148

Management Management Point of Sale Employee Relations 148