May, 2022

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Managing Inventory with Quality Data and Automation

Modern Restaurant Management

Accurate inventory management is crucial to running a successful business because it directly impacts a company’s bottom line and is key to maximizing profits. Having an accurate handle on inventory enables a business to become more resilient and know what they can sell and when they can sell it, helping mitigate out-of-stock scenarios. At one point, inventory management was a meticulous, lengthy and manual process for the Independent Purchasing Cooperative (IPC), an independent member-own

Inventory 216
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How to Increase Your Restaurant’s Website Traffic Using Social Media

Next Restaurants

Did you know that 60% of customers read an online review first before going to a restaurant? Additionally, 42% of U.S. customers tried out a restaurant for the first time because of its social media posts. For restaurant owners, this means that it’s essential to keep your presence on social media active and engaging. A strong social marketing game opens a pathway of opportunities for restaurant websites (including yours!

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A CHEF’S ADVICE TO 2022 CULINARY GRADUATES

Culinary Cues

A retired NFL coach would rally his team before a game with the words: “Where would you rather be than right here, right now?” This is a sentence that sums up the life’s work of these athletes, a culmination of talent, hard work, and perseverance. To get to where they were in that moment took everything they had and now was the time when they should not only relish the feeling of accomplishment, but also not let down their teammates, their coaching staff, the fans, or themselves.

2022 372
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How to Build (and Maintain) Epic Restaurant Culture

7 Shifts

The restaurant industry has long been associated with long hours, hot-headed chefs, and an intense working environment that only the most passionate could handle. But that's been slowly changing over the past few years. Even before the pandemic hit, there's been a growing feeling that the restaurant industry has to do better when it comes to employee experience.

Insurance 370
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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Why don’t more producers market their own coffee?

Perfect Daily Grind

Coffee is one of the most economically significant agricultural commodities in the world. According to data from the International Coffee Organisation (ICO), around 167.58 million 60kg bags were consumed between 2020 and 2021. We know that most of the value in the global coffee market is created after coffee leaves origin. Figures from Statista predict that the revenue generated from the global roasted coffee market will amount to about US $334.60 billion by the end of this year.

Marketing 195

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How Restaurants Can Drive Profits and Growth During a Perfect Storm

Modern Restaurant Management

Soaring prices, continued supply chain disruptions, and ongoing staffing shortages are creating a perfect storm for restaurants. Food and labor costs are elevated and expected to remain high in 2022 , negatively impacting restaurants’ profit margins. Additionally, supply chain disruptions remain a huge problem, with 96 percent of restaurant operators saying they experienced supply delays or shortages last year.

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How to Improve Restaurant Purchasing for Higher Profit Margins

Sculpture Hospitality

It’s rare for restaurateurs to get to the next ordering day with no leftovers, no spoilage, and no last-minute menu changes. Even the best restaurant managers struggle with food purchasing and forecasting.

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THE LINE IN THE SAND WITH RESTAURANT PRICING

Culinary Cues

I get it, profit in restaurants is sometimes hard to come by. We deal with highly perishable goods, unpredictable customer behavior, swinging door staffing, and constantly escalating cost of goods. Restaurants get hit from all angles so when there is a chance to push the envelope on pricing – many do. It’s so hard to make money on that 10 oz. Prime Filet or 14 oz.

Pricing 352
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[Guide] Conquer Swing Shift Scheduling for Restaurants

7 Shifts

The 9 to 5 workday is common in many industries—but not in restaurants. The hospitality industry calls for early mornings and late nights, which means a normal scheduling approach doesn't exactly fit in a restaurant. If your restaurant is open 24/7 or needs workers outside its normal hours of service, your business might benefit from a swing shift schedule , which ensures you have the right amount of coverage at the right times.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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How has technology changed in the coffee industry over the last few years?

Perfect Daily Grind

The third wave of coffee is synonymous with a focus on the craft of producing, roasting, and brewing great coffee. Generally speaking, third wave coffee consumers are increasingly focused on the technical skills of farmers, roasters, and baristas. However, as the appreciation of the craft of coffee has grown, technology has also come to play a more important role.

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How to Be Food Famous

EATER

Champagne wishes, caviar dreams, and a really good ring light The paths to becoming food famous used to be fairly limited: First, you needed to cook really well, or at least know what good cooking was and have a particularly fine way with words. You could get there by creating an amazing cookbook , or writing a New Yorker essay that would inspire a memoir , which in turn would spawn a genre-defining travel series.

Food 118
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Emerging Trends in Restaurant Benefits

Modern Restaurant Management

For restaurants, the health care expenditure will increase, and it’s not just the cost of health care. With winter behind us and summer approaching, it is time to begin planning for the 2023 benefits plan year. ‘Tis the season for plan review, benchmarking and forecasting. The key to success in this process is viewing the trends and national data through the prism of a restaurant operator.

Insurance 209
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How to Improve Restaurant Purchasing for Higher Profit Margins

Sculpture Hospitality

It’s rare for restaurateurs to get to the next ordering day with no leftovers, no spoilage, and no last-minute menu changes. Even the best restaurant managers struggle with food purchasing and forecasting.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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THE THRILL OF OPENING YOUR OWN RESTAURANT

Culinary Cues

Well, there is little that can be said to those who have caught the restaurant fever – you know, when that opportunity finally knocks, and you have your sights on a café with your name on it. The feeling is hard to describe – a cross between elation and shear panic. Your blood pressure is way up, you occasionally break out in cold sweats, and when you look in a mirror you see a mix of the weight of the world and a perpetual smile.

Café 383
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Little Known Beer Facts: Gose

Bottleneck Management

We hope to be able to teach you something new about your favorite pours and encourage you to try new ones with this series exploring different beer styles. Cheers! Style Spotlight . Gose (pronounced GOH-zeh) . Overall Taste: A tart, lightly bittered wheat beer with noticeable but restrained salt and coriander character. Goses are refreshing, with a dry finish, high carbonation, and bright flavors. .

Brewery 147
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Are coffee & sports partnerships becoming more popular?

Perfect Daily Grind

The benefits of drinking coffee before exercise have been well-documented over the years by many healthcare professionals. But what about the wider relationship between sports and coffee? Around the world, sports teams have partner with a range of brands seeking promotion. It’s believed that the global sports sponsorship industry alone will be worth US $89.60 billion by 2027.

Sports 196
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How Much Does a Self-Order Kiosk Cost? Pricing & Considerations

Lavu

If you run a fast casual or quick service restaurant, you have the option of improving the customer experience by using self-order kiosks. Self-ordering kiosks … How Much Does a Self-Order Kiosk Cost? Pricing & Considerations Read More ». The post How Much Does a Self-Order Kiosk Cost? Pricing & Considerations appeared first on iPad Point of Sale System for Restaurants, Bars & More.

Pricing 113
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Top 5 Ways to Optimize Your Loyalty Strategy

Speaker: Lauren Barash, Vice President, Brand Marketing

In an ever-evolving industry, building and retaining loyal customers is critical to the success of any restaurant business. Join Lauren Barash, VP of Brand Marketing at Full Course, as she delves into the world of restaurant loyalty programs, and reveals the top five essential strategies to optimize your approach! This webinar will explore: Loyalty trends and what you should be focusing on 📊 Actionable insights and ideas to help you develop the most powerful and effective loyalty program

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How ‘Phygital’ Marketing Improves Customer Engagement for Restaurants

Modern Restaurant Management

One of the most impactful ways to target your audience is through location-based marketing. Nine out of 10 people who own a smartphone use it for information regarding their location, which allows vendors to access relevant and timely data in a nonintrusive way. Customer engagement is guaranteed to increase as customers interact with your restaurant through a dedicated mobile app or QR code system.

Marketing 208
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7 Ways to Reduce Food Costs in Your Restaurant

Sculpture Hospitality

Managing food costs is critical to running a successful restaurant. But while there are many ways to manage spending, there’s little you can do if you don’t accurately know what your food costs are. That’s why the first thing you should do, before implementing any cost savings strategies, is determine how much your restaurant is spending on food.

Food 112
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THE MOMENT WHEN YOU ARE IN THE ZONE – PART II

Culinary Cues

The early crowd sputtered in – parties of two mainly, usually no appetizers – they got down to business with the less expensive entrees and a cocktail. This was “order/fire” time. Jake didn’t even spend much time at the expo station until this first group of reservations was well underway – the line could handle it quite well. As sous chef, he was focused on double checking everything before the push.

Seating 374
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How to Improve Restaurant Operations

FreshCheq

Did you know that most restaurants survive on a 6.2% profit margin ? As a result, you have to stay on top of your restaurant's operations. Otherwise, a little mistake or mismanagement will result in your business failing.

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2024 Restaurant Spending Trends to Stay Ahead of the Curve

How do you stay on top of what your customers are expecting when they step through your doors? Do you know what’s on their mind? How are you going to account for what they’re planning on doing months from now? As we head into 2024, price-related issues are still top-of-mind for restaurant customers after the inflation boom earlier this year. In this new report, we give you the latest insights on consumer spending trends, attitudes on tipping, and how you can respond.

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Career progression for specialty coffee baristas

Perfect Daily Grind

For many baristas, a passion for high-quality coffee is one of the main reasons they work in the specialty coffee industry. But alongside this enthusiasm, baristas must also develop a broad range of technical skills, as well as knowing how to provide excellent customer service, if they are to be successful. In many cases, honing these skills gives baristas the foundation they need to advance in their careers, should they have the desire to.

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Digital Training is Essential for Restaurant Employees

Goliath Consulting

Technological advances have been rapidly transforming in the past few years. As more companies transition to being fully remote or transitioning into hybrid workplaces, advances in AI, machine learning, and cybersecurity continue to transform the workplace. However, the problem with the rapid technological advances is that people haven’t been able to catch up to the most recent updates.

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Three Ways to Make Your Employees Feel Valued 

Modern Restaurant Management

The COVID-19 pandemic didn’t only change how we work – it changed what we want in a work environment. Millions of employees are quitting their jobs in search of deeper job satisfaction, better work-life balance, and exceptional company culture. This “Great Resignation” has been especially tough on the restaurant world. In fact, studies show that the “quit rate” among hospitality workers is more than double than that in other industries.

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Why Celebs Risk It All Eating Spicy Wings on the ‘Hot Ones’ Talk Show

EATER

For stars like Kevin Hart, Idris Elba, and Lorde, eating spicy wings is the key to relatability. According to Kevin Hart, “your clothes are a clear virsitation of who you are.” That’s the closest I could translate from his interview on First We Feast’s Hot Ones in 2016, after host Sean Evans asks him how he approaches fashion in his comedy shows. By this point, Hart has just eaten his ninth chicken wing, this one coated in Mad Dog 357 hot sauce, which clocks in at about 357,000 Scoville units.

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Win More in 2024: Your Guide to Restaurant Marketing Success

Your Guide to Restaurant Marketing Success Start maximizing ROI and doing more with less with Olo’s ultimate guide to restaurant marketing. In this guide: Strategies to level up in 4 key areas: data, audiences, content distribution, and loyalty Interactive checklists to help you track your progress throughout the year Tips for leveraging guest data across your entire business What you’ll learn: Level 1 | Beginner: Learn how to collect guest data, build a healthy subscriber list, launch personali