BNG Point of Sale

OCTOBER 13, 2021

Convenience Store POS System Costs. Costs to be Aware of When Considering a Convenience Store POS System. To be successful, a convenience store business owner must closely monitor operational errors, waste of business hours, and business losses. A convenience store POS system includes hardware and software: POS Hardware.

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POS Cash Management Point of Sale Equipment 52

Modern Restaurant Management

JUNE 14, 2022

One study found that internal employee theft is responsible for 75 percent of inventory shortages and about 4 percent of restaurant sales. Implement a Point of Sale System. Simply put, a point of sale is where you ring up customers for the product they purchased. Restaurant theft is expensive.

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Point of Sale Kitchen Safety Back of House Inventory 203

BNG Point of Sale

NOVEMBER 19, 2021

A point-of-sale (POS) system is more than just a way to ring up customers. A POS can effectively integrate with other key business processes, make operations more efficient and act as the backbone of your business. A POS can bring all aspects of your business together with its integration features.

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POS Operations Loyalty Program Point of Sale 52

7 Shifts

FEBRUARY 5, 2021

The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. The restaurant tech industry is a growing one, with software and services designed to streamline almost every aspect of your business. Evolving Your Restaurant Technology Stack 1.

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Restaurant365

SEPTEMBER 10, 2021

The data from inventory management can help you place more accurate orders, calculate exact food costs, make informed menu changes, and address potential sources of food waste. Use an inventory management system that integrates with your POS system. Your POS data can help streamline a large part of inventory management.

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Inventory Management Management Point of Sale 138

Restaurant365

JANUARY 4, 2022

Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste. Integrate restaurant inventory management with your POS system. POS integration can automate steps like uploading invoices, auto-updating ingredient prices, and tracking recipes. from a year ago. More about this later.).

Inventory 148

Inventory Pricing Management Management 148

Modern Restaurant Management

DECEMBER 20, 2021

The good news is that it’s never been easier for restaurants to design professional-looking, state-of-the-art online menus. Restaurants have endless third-party ordering app options, but those do come with a price, approximately five-twenty percent of each sale. What Is Contactless Dining? A good mobile experience.

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Mobile Ordering Online Ordering Consumer Goods Customer Experience 227

Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully.

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Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

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2024 Loyalty Program Cash Management Customer Experience 215

Apicbase

MAY 8, 2024

It helps you track waste and theft to better control running costs. MarketMan is a versatile tool designed for restaurants of all sizes. The right restaurant management software significantly enhances efficiency and control of operating costs. It runs in the cloud, so these functions are available wherever you are on any device.

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Inventory Food Supply Kitchen Safety Back of House 52

Sling

JULY 24, 2023

Some of these apps are designed to solve specific problems, like shift scheduling or point of sale , while others boast all-in-one suites for every aspect of restaurant management. You can view data on labor costs versus sales over time to make intelligent decisions on how many staff you’ll need clocked in at different times.

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Restaurant365

NOVEMBER 12, 2021

You are already generating data about your food cost, menu items, and sales levels. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix.

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Menu Operations Point of Sale POS 143

Modern Restaurant Management

APRIL 5, 2022

The reasons for the accelerated growth of this idea, the contribution of POS to these kitchens, the display systems to make the operations easier, and the automated operations used in the inventory as well in the kitchen for easy food management- are some of the ideas that will be discussed in the following paragraphs.

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Online Ordering Point of Sale Website Management Inventory 196

BNG Point of Sale

FEBRUARY 8, 2021

Today’s POS technology is focused on making the processes of ordering, food prep, and management easier, more streamlined, and more accurate. Here at BNG-POS, we offer restaurant POS systems specifically designed to make everyone’s job easier. Hitting the right balance is an ongoing challenge for the restaurant industry.

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Operations Mobile Ordering POS Online Ordering 98

Apicbase

MARCH 28, 2024

Sales optimisation. Restaurant back-of-house operations form the backbone of a restaurant’s success. The back-of-house (or BOH) manages crucial elements that impact cost control and profitability. These include food production and inventory management. Additionally, the BOH handles food safety and restaurant administration.

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Restaurant365

OCTOBER 29, 2021

POS integration enables flexible payment options. During the COVID-19 pandemic, restaurants implemented new safety measures designed to encourage social distancing and limit points of contact. With these POS integration connections, you can enable flexible payment options that meet customer needs.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

MBB Hospitality

NOVEMBER 15, 2023

This granular approach helps in making informed decisions about menu design, portion sizes, and pricing, ensuring that each dish contributes positively to your bottom line. Leveraging technology can streamline these processes, reducing waste and ensuring precise portion control.

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Seasonal Menu Food Waste Loyalty Program 52

Apicbase

OCTOBER 28, 2022

Overordering is the main cause of food waste and, sadly, it encourages theft by staff (who’s going to notice?). And there are no sales to justify that spend. Luckily, you don’t need a crystal ball to predict next month’s sales. The data points paint a picture of what’s to come and help you anticipate.

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Pricing Point of Sale Inventory Seasonal Menu 98

Mad Mobile

FEBRUARY 26, 2024

Operators who calculate their cost of sales add 2–10% to their bottom line. Loss, waste, inconsistency — without careful management of bar inventory, you’re quickly losing a decent chunk of money. Loss, waste, inconsistency — without careful management of bar inventory, you’re quickly losing a decent chunk of money. Think again!

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Inventory Bar Management Management 40

The Restaurant Times

FEBRUARY 28, 2023

Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. Analytics provide information beyond financial data and key performance indicators (KPIs), such as sales and profits.

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Operations Point of Sale Seasonal Menu Customer Experience 52

BNG Point of Sale

AUGUST 27, 2021

The two main ways to widen your profit margins are increasing sales and decreasing costs: . Increasing sales volume . Gross profit is the amount of money that was earned in total before any expenses. The average gross profits for restaurants are about 70%. Kitchen Gross Profit Margin and Food Cost .

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Food Point of Sale Online Ordering Loyalty Program 52

Modern Restaurant Management

JULY 8, 2020

When point of sale (POS) systems were introduced, restaurants learned they could provide better service to guests and improve business decisions and management. One year ago we walked into a Cambridge, Massachusetts restaurant for the first day of field research. Our palms were sweaty from the excitement and anxiety.

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Hospitality Technology Mobile Ordering Food Safety 208

Open for Business

OCTOBER 20, 2023

Start by outlining your restaurant’s concept, from the type of cuisine to the interior design. Once you’ve nailed the perfect location, focus on the layout and interior design. Choose wisely and design smartly. Are you targeting families, young professionals, or a little bit of everything?

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Restaurant365

NOVEMBER 18, 2021

You receive time in your Point of Sale (POS) system. Thus, your labor costs are spread out between your scheduling, POS, and payroll software. However, payroll software that is specifically designed for the restaurant industry can help meet those payroll challenges and provide new opportunities that benefit operations.

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Mad Mobile

MARCH 1, 2024

In a study by the Wharton School , researchers found that using tabletop technology can improve sales by 9.74% and productivity by 10.77%. Beyond that, it can also increase table turnover by nearly 17%! As a restaurateur, you know that these metrics are more than just numbers. It’s not just about one aspect of the customer journey either.

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Seasonal Menu POS Loyalty Program Customer Experience 40

Cheetah

JANUARY 13, 2022

One example is Chick-Fil-A’s rewards program (Signature Tier) that allows members to utilize their points by giving gifts to friends and family. Restaurants, retailers and airlines have been using loyalty programs to drive revenue for nearly three centuries. Benefits of Restaurant Loyalty Programs. They have roughly 14.2

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Loyalty Program Mobile Ordering Airlines Merchandise 148

Restaurant365

FEBRUARY 6, 2020

However, being able to easily access sales, inventory, and labor data allows you to quickly make informed decisions. To keep up with bookkeeping, many restaurant owners are turning to restaurant accounting software designed to organize and automate common bookkeeping tasks. . Step 1: Record Sales Through Your POS Daily.

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Point of Sale Inventory POS Cash Management 138

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). 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.

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Compost Food Waste Front of House 88

BNG Point of Sale

AUGUST 19, 2021

Having one is crucial because restaurant profit margins are typically low, which means keeping a tight track of sales and expenses is integral to maintaining a healthy profit. . How is a Profit and Loss System Designed? . What is a Restaurant Profit and Loss Statement? . How to Calculate a P&L Statement for Your Restaurant .

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Cash Management Point of Sale Inventory Food Truck 52

Restaurant365

APRIL 14, 2020

No matter what business model your restaurant is operating on, managing your restaurant inventory helps you prevent waste, lower your food cost, and maximize your bottom line. Instead, focus first on which menu items are your most profitable and popular, based on your recipe costing and historical sales.

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Restaurant365

JANUARY 21, 2021

Your food cost percentage is this food cost number as a percentage of sales. You can calculate your food cost percentage on the store level at each of your locations, comparing your overall inventory CoGS to your sales, or on an individual dish level. Your restaurant group is looking to the new year and making plans.

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Food Inventory Point of Sale Waste 78

Lavu

DECEMBER 6, 2019

What is a POS? POS stands for point of sale. Restaurants normally utilize a POS framework to finish a business exchange. In its most fundamental definition, a POS framework is a mix of POS equipment and POS programming to make a POS machine for preparing an exchange and installment.

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 78

BNG Point of Sale

SEPTEMBER 7, 2021

The cost of goods sold is also referred to as the “cost of sales.” To ensure a profitable business, the Food Service Warehouse recommends your restaurant’s cost of goods sold (CoGS) should not be more than 31% of your sales. CoGS: Cost of Goods Sold Restaurant Industry Average . Cost of items intended for resale. .

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Point of Sale Inventory Food Supply Seasonal Menu 52

Restaurant365

OCTOBER 30, 2020

Operations management involves designing the systems that not only save you time and energy, but that also ultimately add to your bottom line. Operations management involves designing the systems that not only save you time and energy, but that also ultimately add to your bottom line. What is restaurant operations management?

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Operations Management Management Inventory 78

SpotOn

APRIL 2, 2024

A guest places an online order and receives loyalty points for their tuna poke bowl. The guest’s contact, loyalty, and spending data is stored on one centralized dashboard, making this information easy for everyone to access—from the designated marketing person to the host.    What is unified commerce?

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Online Ordering Customer Experience Point of Sale Retail 40

Margin Edge

FEBRUARY 3, 2022

Thanks to having a sales team made up exclusively of former operators, chefs and general managers, with 350+ years’ of collective experience, we’ve picked their brains and come up with a list of six ways restaurants can make a big impact in 2022 based on their experiences and tried-and-true tricks. Track waste. Track key item costs.

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2022 Food Seasonal Menu Waste 98

BNG Point of Sale

AUGUST 25, 2021

Boosting Restaurant Industry Sales in 2021 . Maintaining strong sales in the restaurant industry is an ongoing challenge due to overhead costs like rent, food, and restaurant staff. Now it’s more important than ever to drive sales in business. 11 Tips to Increase Restaurant Sales . But how do you do it? .

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Loyalty Program Social Media Point of Sale Customer Service 52