Modern Restaurant Management
DECEMBER 20, 2022
While sales have in many cases, rebounded, operators faced ongoing struggles from inflationary pressure on food costs, hiring and retaining staff, along with supply chain issues and availability of key items. These elements were not offset by topline sales gains so many felt the pressure on the bottom line in actual earnings.
Modern Restaurant Management
AUGUST 16, 2023
With integrated point-of-sale (POS) systems, the entire dining process is streamlined, from when customers order to when they pay for their meals. POS systems offer a multitude of benefits for businesses, including: Streamlined operations by automating various tasks such as sales transactions, inventory management and reporting.
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Modern Restaurant Management
DECEMBER 28, 2023
The incorporation of AI into point-of-sale systems has streamlined transactions resulting in reduced waiting times and higher customer satisfaction. As we step into the new year, it is crucial to examine how AI goes beyond being a buzzword and becomes a real driving force that shapes the way we experience dining.
7 Shifts
AUGUST 29, 2019
Menu Pricing and 2. Follow these two steps: The first thing you’ll want to do is gather sales and profit data for every item on your menu—preferably over a set time period (last quarter, last month, etc.). Consider marginally lowering the price on these items to increase popularity without decreasing overall profitability.
Modern Restaurant Management
APRIL 28, 2022
Launching virtual brands helps established restaurants engage new customer segments in several ways—from breaking into new dayparts to testing new products and geographical markets to driving incremental sales—and there is plenty of room in the space for newcomers, too. Breaking Into New Dayparts.
Modern Restaurant Management
JANUARY 24, 2022
Ensuring guests experience true hospitality is tantamount to running a successful restaurant. Thanks to restaurant technologies, it’s possible to not only deliver a superior customer experience — the crux of hospitality — but also take things to the next level. Yes, the importance of a good customer experience has always been key.
Ken Burgin
JUNE 13, 2023
Once you input the cost of each ingredient, it can calculate the total cost of a recipe, helping you price your dishes appropriately. Moreover, it can also help monitor price fluctuations in the market, so you can adjust your prices or ingredients accordingly. Food Costing : AI can be invaluable in food cost control.
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