Hot Schedules

APRIL 20, 2019

Five Ways to Reduce Waste. The Impact of Food Waste. US Restaurants generate between 22 and 33 billion pounds of food waste every year. All that waste adds up. The EPA estimates that food waste is the single largest category in any given landfill. First, all the resources required to produce it are wasted.

Waste 60

Waste White Paper Cash Management Inventory 60

Tableo

JULY 27, 2023

Understanding F&B control Inventory management, cost control, menu engineering and portion control are just a few of the components of restaurant management that go under the umbrella of F&B control. Review and modify par levels frequently to avoid stockouts or surplus inventory. Narrow the selections on the menu.

Beverage 75

Beverage Food Inventory Waste 75

Hot Schedules

OCTOBER 28, 2019

As you work to increase your profitability, two areas to explore are recipe and menu engineering, and purchasing and inventory optimization. Download a copy of our complimentary white paper, Leveraging Technology to Offset Rising Labor Costs. Optimized Purchasing and Inventory. Start tracking waste. Menu Engineering.

Inventory 60

Inventory Menu White Paper Waste 60

7 Shifts

JUNE 4, 2021

Inventory turnover ratio. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. To calculate your COGs, you need the following numbers: Beginning Inventory, or the value of the inventory you start with. Ending inventory , or what you have leftover.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

Cheetah

MAY 25, 2021

With JIT, restaurants now have access to an extended inventory of hundreds of high-quality items: fresh-cut produce, trimmed, rinsed, cut, and otherwise processed, saving businesses hours in labor costs. Payroll and inventory are the two things that make up any restaurant’s prime cost and can easily total 60% or more of the business expenses.

Kitchen Safety 148

Kitchen Safety Food Safety Food Supply Inventory 148

7 Shifts

SEPTEMBER 16, 2021

There'll be new branding, a new staff, different inventory, and updated forecasting involved. Recommended Download: Free Restaurant Employee Training Manual Template. You can reference and compare the key metrics from all of these locations like total revenue, profit margin, inventory variance, etc. Supplier Sourcing.

Management 370

Management Management Document Hiring 370

Focus POS

JANUARY 15, 2020

Tighter inventory control. Inventory Tracking. Aside from your labor, your inventory is one of your largest expenses. Improving your inventory tracking can equate to major cost savings. Use this to determine shrinkage by comparing what your expected inventory value should be with what your actual inventory counts are.

POS 151

POS Front of House Loyalty Program Inventory 151

Restaurant365

MAY 26, 2020

To calculate your CoGS totaled during a given period, you can use the following formula: Beginning Inventory + Additional Purchases Made During the Period — Ending Inventory = CoGS. As you reopen your dining room, it is more important than ever to stay on top of your inventory management. Dial in your Cost of Goods Sold.

Point of Sale 148

Point of Sale Employee Relations Inventory Waste 148

Focus POS

MAY 28, 2020

Download Now: Pandemic Preparedness Guide for Restaurants. The two biggest cost centers for restaurants are labor and inventory. . To reduce inventory waste and streamline your inventory management, ask yourself these questions: . How can you make the most of your existing inventory? inventory ?

Online Ordering 129

Online Ordering Inventory Cash Management Download 129

Modern Restaurant Management

FEBRUARY 3, 2022

Additional findings inlcude increased inventory costs caused the greatest financial strain for operators in 2021 with 33 percent citing it as their top expense, followed closely by rent (30 percent) and labor (30 percent). For a free download of the report, click here.

Loyalty Program 194

Loyalty Program Online Ordering Cash Management Point of Sale 194

Cheetah

FEBRUARY 23, 2022

Anything that can save expensive labor hours, reduce storage, enhance food safety and limit food waste is in dire need by restaurants – and that’s exactly what the New Marketplace provides. ” Minimize storage, shrink and food waste – The Marketplace operates an on-demand model. 6 Benefits of Buying Marketplace Items.

Food 148

Food Food Supply Food Truck Online Ordering 148

BNG Point of Sale

JULY 15, 2018

Well, a point-of-sale system is necessary when it comes to maintaining the operations of your business, but they also prevent theft, limit food waste, and help you make smarter ordering decisions. POS systems prevent waste. Even ordering lots of cheap ingredients in bulk doesn’t matter if you’re losing 60% to waste. Curious how?

Point of Sale 66

Point of Sale Waste POS Cash Management 66

Hot Schedules

DECEMBER 6, 2019

This will generate less waste, more profit, and happier employees and guests. Inventory Management and Prep Planning. Managed prep planning” is the science of purchasing the right inventory and managing kitchen production using analysis and calculation. Download our complimentary white paper, The Science of Scheduling.

White Paper 109

White Paper Inventory Employee Relations Download 109

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

Focus POS

AUGUST 26, 2020

Your inventory is your largest asset. Keep track of every single dollar you spend on your inventory, and make sure you always know how much of each product is on hand at all times. Make sure your POS tracks your inventory in real time, so that you can stay informed of discrepancies within your inventory counts. .

Management 128

Management Management Bar Inventory 128

Cheetah

OCTOBER 3, 2020

These include being familiar with health guidelines issued by the CDC, reevaluating the value of labor, integrating new technologies and rethinking inventory. The value of labor Social distancing Hygiene and sanitation Technology solutions Optimizing your inventory. Optimizing Your Inventory.

Inventory 78

Inventory Insurance Cash Management Point of Sale 78

Lavu

DECEMBER 20, 2019

You can keep accurate track of inventory and manage the. Tracking food costs lets you see how much money you lose due to waste or theft. You can download that spreadsheet here: [link]. In order to arrive at a menu price, you can add up the ingredient cost, overhead cost, waste cost, and profit. Your waste.

Food 78

Food Waste Inventory Point of Sale 78

Margin Edge

FEBRUARY 24, 2022

As a refresher, COGS = beginning inventory + purchased inventory – ending inventory. When you purchase fish for sushi, oftentimes you need to trim the fish or other ingredients (meaning there’s going to be some waste) before the product makes it onto a plate. What Are COGS & Why They Matter. Take sushi vs beer.

Inventory 82

Inventory Point of Sale Waste Fine Dining 82

Xtra Chef

AUGUST 12, 2020

Manage Restaurant Inventory with an Iron Fist. Waste Not, Want Not. To find period cost, you’ll need to use the COGS formula: (Beginning Inventory + Purchases) – Ending Inventory = Food Cost. Manage Restaurant Inventory with an Iron Fist. However, inventory management can make or break food costs.

Food 120

Food Inventory Waste Food Order 120

Apicbase

JANUARY 13, 2023

With smart food ordering — meaning leveraging tech for inventory management and vendor selection — operators can cut down on food waste by 80%. The benefit is even bigger for inventory management — 91% say that automation around inventory/item availability would help them streamline processes and fill business gaps.

2023 52

2023 Operations Management Management 52

Hot Schedules

NOVEMBER 26, 2019

They take the form of wasted time, effort and cash, and cause havoc and frustration for your employees and guests alike. Plus, manual back-ups and lost information, buried notices and wasted paper. . Download our free eBook. You’re not the first to meet this foe. T here are many foes in the hospitality industry.

Cash Management 78

Cash Management Allergens Front of House Back of House 78

Tableo

JUNE 28, 2023

Update your inventory frequently to account for variations in stock levels. Regularly conduct inventory audits Performing regular inventory audits ensures accuracy in calculating food costs. Here’s what you can do: Physically count your inventory to confirm stock levels. New to Tableo?

Audits 40

Audits Inventory Reference Download 40

Cheetah

NOVEMBER 23, 2021

Recap the last years’ data – Review the previous years’ sales and inventory reports and create a data-driven estimate on how much supplies you’ll need, toothpicks too. >>> Don’t waste money on Instacart – It is very expensive. Download the app and place an order as early as today!

Catering 148

Catering Food Supply Seasonal Menu Supplies 148

Tableo

JUNE 30, 2023

Management of ingredients & inventory Some POS systems also allow you to track stock levels, automate restocking, and keep tabs on ingredient usage. This promotes efficient supply chain management, inventory optimisation, and the reduction of food waste. New to Tableo?

Mobile Ordering 40

Mobile Ordering Online Ordering Website Management Restaurant Law 40

Focus POS

DECEMBER 4, 2020

Download our Free Ebook: 7 Restaurant Technologies Crucial to Business Success. This data will also hand you better control over your inventory, reducing ingredient waste, and saving you dollars. The last thing you need is a confusing system that hinders the quality of service during peak hours.

Online Ordering 146

Online Ordering Ordering Mobile Ordering Point of Sale 146

Restaurant365

JANUARY 27, 2022

And, unlike app-based solutions, there’s no need for your guests to download menu apps. The ease of making changes to a QR code menu allows you to reduce food waste by adding specials to quickly sell inventory that’s approaching its expiration date. Create Last-minute Specials to Move Perishable Products.

Mobile Ordering 148

Mobile Ordering Social Media Customer Experience Online Ordering 148

Apicbase

NOVEMBER 16, 2023

Automating processes like inventory and workforce management. That includes “automating manual processes such as inventory management with Apicbase and workforce management. With tools for inventory control and stock management at their fingertips, they can streamline what were once manual processes. See Apicbase in Action

Franchise 52

Franchise Franchising 2008 Mobile Ordering 52

Apicbase

NOVEMBER 16, 2023

Automating processes like inventory and workforce management. That includes “automating manual processes such as inventory management with Apicbase and workforce management. With tools for inventory control and stock management at their fingertips, they can streamline what were once manual processes. See Apicbase in Action

Franchise 52

Franchise Franchising 2008 Mobile Ordering 52

Restaurant365

FEBRUARY 6, 2020

Add the unique features of the restaurant industry, from short-lived inventory to payroll including wages and tips, and bookkeeping becomes a fast-changing, time-consuming challenge. However, being able to easily access sales, inventory, and labor data allows you to quickly make informed decisions. Step 2: Streamline Accounts Payable.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

Hot Schedules

JANUARY 8, 2020

They take the form of wasted time, effort and cash, and cause havoc and frustration for your employees and guests alike. The right inventory management solution can show him who the sheriff is in town. Download our free eBook to see how your managers can defeat back-office villains, and lead your restaurant to victory.

Cash Management 78

Cash Management Allergens Employee Relations Download 78

Restaurant365

DECEMBER 2, 2019

Most restaurants keep track of inventory, but inventory management software as part of your restaurant management system can make the process even more efficient. Manual inventory control can be streamlined with counting on a tablet or mobile device. Controlling your food costs. Reconciling your bank transactions.

Management 97

Management Management Point of Sale Inventory 97

Restaurant365

NOVEMBER 19, 2019

Managing complex, rotating inventory. Restaurant inventory management involves a large number of moving pieces, many of which are “temporary” compared to other retail businesses. Ingredient costs are one of a restaurant’s largest expenses and managing inventory accurately can be difficult. Conclusion.

Operations 92

Operations 2020 Mobile Ordering Social Media 92

Restaurant365

OCTOBER 23, 2019

It’s important to note that COGS doesn’t include one-time, non-inventory-related costs, like repairs for a broken oven, new barstools, restaurant decorations, or utility bills. And while small amounts of food waste may not seem significant day to day, controlling food costs can significantly impact your restaurant budget.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74

Touch Bistro

JUNE 22, 2021

Control Inventory. Using inventory management software can help you reduce restaurant operating expenses and costs in a number of ways. . First, inventory software helps you keep track of dwindling supplies and reminds you when food is about to expire so you can use it up in time. Get Our Inventory Restaurant Template.

Operations 52

Operations Food Supply Inventory Employee Relations 52

Restaurant365

FEBRUARY 19, 2020

For example, restaurants tend to have a large, fast-changing inventory with a limited shelf life, which affects food cost calculations. In order to meet slim margins, restaurant accounting needs to meet high standards for accurate labor and inventory metrics. The restaurant industry has unique qualities and business structures.

Point of Sale 120

Point of Sale Cash Management Inventory Consumer Goods 120

Hot Schedules

JULY 22, 2019

In an industry with particularly tight margins and volatility, each inefficiency and every wasted second means less profitability. For more hints and tips on improving efficiency, download our complimentary Increasing Restaurant Profitability Guide. . . This is especially true for reviewing invoices. Recommended Posts. read more.

Management 60

Management Management Demo Download 60

Apicbase

FEBRUARY 6, 2023

Automated inventory management software allows you to easily track stock levels, organise inventory data, and generate food waste reports forecast procurement. As a result, you can improve inventory accuracy, prevent stock issues like stock-outs or excess stock, and save on operating costs.

Delivery 52

Delivery Management Management Online Ordering 52