Restaurant365

MAY 17, 2022

Food inventory management goes way beyond counting the items on the shelves. The most important part of inventory management is understanding how the amount of product relates to your profit margin. Why a POS system is not suitable for inventory management. The POS system doesn’t do analysis. That’s great.

Inventory 78

Inventory Management Management Food 78

7 Shifts

AUGUST 20, 2020

They include: Labor management software Order management software Inventory management software Guest engagement software Contactless, mobile payment processors 5 Tools to Use to Increase Operational Efficiency in Restaurants Did you know that 48% of restaurants use three or more tech vendors?

Technology 293

Technology Mobile Ordering Dietary Restrictions Cash Management 293

Restaurant365

DECEMBER 11, 2020

As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast. This way, you can take immediate action on issues like incorrect portions or food waste (explored below).

2021 136

2021 Cash Management Management Management 136

Restaurant365

MARCH 10, 2020

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. If it’s not on the shelf, it can’t be stolen, spoiled or wasted. What is Restaurant Inventory Management? How To Manage Restaurant Inventory.

Inventory 103

Inventory Management Management Waste 103

7 Shifts

JUNE 4, 2021

And while you may not picture a restaurant manager or worker parked at a desk to work, it's a huge part of restaurant management. Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. If it's not measured, it won't be managed. Break-even point.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

Restaurant365

AUGUST 4, 2020

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. When you think of your restaurant finances, you don’t always equate it with inventory management.

Inventory 78

Inventory Management Management Cash Management 78

Hot Schedules

JULY 26, 2021

As a result, managers have had to minimize costs wherever possible. Rather than limiting inventory or reducing the customer experience, here are five ways the right retail scheduling solution empowers managers to cut costs through efficient workforce management — without burning out the staff. b3lineicon|b3icon-calendar|?

Retail 148

Retail Point of Sale Employee Relations Inventory 148

Modern Restaurant Management

JANUARY 8, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 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.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

Restaurant365

MARCH 10, 2020

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. If it’s not on the shelf, it can’t be stolen, spoiled or wasted. What is Restaurant Inventory Management? How To Manage Restaurant Inventory.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

OCTOBER 30, 2020

As a restaurant owner or manager, sometimes you may need to jump in to help keep business running smoothly. However, the day-to-day tasks can distract from the bigger-picture work that is essential for your long-term business health: restaurant operations management. What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Restaurant365

DECEMBER 2, 2019

The restaurant industry never stops moving, and your success depends on how you manage all of the moving pieces. Running a restaurant requires a strong management system to help you maximize efficiency, improve your profitability, and grow in the future. managing employees. Having anytime, anywhere access.

Management 97

Management Management Point of Sale Inventory 97

Restaurant365

NOVEMBER 18, 2021

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Your restaurant orders, receives, and counts food all in one system: your inventory management software. You receive time in your Point of Sale (POS) system.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Hot Schedules

JANUARY 12, 2022

From time and attendance advancements tracking the employee from clock-in to punch-out to POS analytics feeding corporate monthly location performance trends, there’s no doubt innovation will give restaurant groups insights and efficiency undreamed of just a decade ago – but how do IT teams go about orchestrating a great reinvention?

Back of House 147

Back of House Employee Relations POS Government 147

Modern Restaurant Management

SEPTEMBER 8, 2021

Now, restaurant owners and managers can be confident in their readiness against pathogens and reassure guests and employees by committing to cleanliness and effectively communicating their approach to the public. Communicating new or revised protocols and safeguards to both customers and employees is extremely important.

Kitchen Safety 195

Kitchen Safety Employee Relations Communication Point of Sale 195

The Restaurant Times

NOVEMBER 10, 2021

Online food ordering systems are crucial to your business’s profitability and sales management. If you own a restaurant and haven’t yet implemented an online restaurant management system, you’re already losing out on dozens of orders every day. Must-Have Features Of A Robust Online Restaurant Management System.

Management 52

Management Management Online Ordering Loyalty Program 52

The Restaurant Times

FEBRUARY 28, 2023

Restaurant owners have a wealth of data, from employee records, distribution network logistics, self-service kiosks, and e-commerce figures to social networking reviews. Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. That is where big data analysis is advantageous.

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. We will continue to evaluate tech solutions and find what best enhances the Fogo experience for both our guests and employees. For part one, click here.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

Restaurant365

SEPTEMBER 23, 2021

Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. Healthy accounting procedures for restaurants can help you manage food and labor costs, understand your profits and losses, and make strategic decisions about expenses and investments.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

The Restaurant Times

AUGUST 15, 2021

This article will highlight the ways in which analyzing the data and metrics can bring out the loopholes in your cloud kitchen business management. From customer-related aspects to matters that concern stock and inventory management, proper analysis of metrics can boost transparency and performance across a cloud kitchen business.

Inventory 52

Inventory Employee Relations POS Waste 52

Lavu

MARCH 13, 2020

Your team of employees can only do so much with what they’re given, so you might consider improving their modes of communication. Not only will your employees be more efficient on the job, but they will also appreciate how easy it is to perform well. Update to Mobile POS System. Instead, open the floodgates!

FOH 78

FOH Mobile Ordering BOH Front of House 78

Restaurant365

JUNE 24, 2020

An advanced, restaurant-specific inventory management system can identify pricing errors. Advanced inventory management software can import menu items from your POS, then map them to recipes. Some POS systems calculate food cost and profit for specific menu items within the system.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

Restaurant365

JULY 24, 2020

You’ll also have to manage your online reputation even more diligently as your delivery business exists entirely online. Choosing between in-house delivery, third-party delivery apps or a combination requires an understanding of related costs. Ensure your “person-in-charge” has an up-to-date ServSafe Food Manager certification.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

MadMobile

AUGUST 5, 2022

With food inflation and insecurity being at an all-time high, restaurants have a financial incentive and a duty to reduce food costs and waste. See how your employees interact with them, observe when and why they are being thrown away, and look for ways to reduce your waste surrounding these items. You need to be proactive.

Food 52

Food Mobile Ordering Inventory Food Supply 52

The Restaurant Times

MARCH 6, 2023

This data should be easily accessible from your restaurant’s point-of-sale (POS) system. This is because your net profit margin accounts for all restaurant-related costs, not just those related to food preparation and service. Train Employees: The skill of upselling to customers distinguishes a good server from a great one.

Food Truck 52

Food Truck Point of Sale Employee Relations Equipment 52

Restaurant365

JANUARY 28, 2020

Operating a successful restaurant requires restaurant owners and managers to focus not only on managing day-to-day operations, but also evaluating ways to reduce costs and grow future sales. Currently, some of the most powerful restaurant management systems on the market feature predictive tools around food and labor costs.

Inventory 145

Inventory Seasonal Menu Employee Relations Customer Experience 145

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Operating expenses, which are not related to production, are overhead costs. What Are Overhead Costs And Expenses? . Salaries . Property taxes .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Clover - Restaurants

MAY 3, 2024

City and state health departments monitor local restaurants to ensure they’re following food safety management program guidelines. Additionally, in order for restaurant leaders to operate as a certified safe food handler , such as managers and chefs, they must pass assessments related to food safety and risks like foodborne illnesses.

Kitchen Safety 52

Kitchen Safety Food Safety Food Food Supply 52

Modern Restaurant Management

APRIL 14, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. This new site is a one-stop hub of critical information for restaurants, employees, customers and industry partners.

Online Ordering 212

Online Ordering Back of House Customer Service Small Business 212

Restaurant365

MAY 27, 2021

By deciding on a target prime cost percentage, and your timeline, you can better hold yourself and your managers accountable. Frequent review can also improve accountability and buy-in from the store level, because in-store managers or staff can connect the daily decisions they make with the numbers in your restaurant operations reporting.

Point of Sale 78

Point of Sale Inventory Waste Food Order 78

7 Shifts

SEPTEMBER 19, 2019

But restaurant management is the glue that holds it all together. As a restaurant manager, your job is to juggle several responsibilities—from managing employees and controlling costs to creating staff schedules and boosting revenue. What is Restaurant Management?

Management 284

Management Management 2019 Employee Relations 284

The Restaurant Times

AUGUST 10, 2020

The best solution is to invest in a robust restaurant management software that comes equipped with detailed inventory reports. Restaurant inventory management software is equipped with detailed reporting features and provides automated reports of most of the restaurant inventory data points discussed in this article. Waste Sheets.

Inventory 52

Inventory Operations Waste Uniforms 52

The Restaurant Times

MARCH 13, 2023

For example, you can streamline kitchen processes, optimize inventory management , provide staff training, and implement scheduling systems by focusing on your BOH. Continue reading to understand the back-of-house of a restaurant, how it functions, the different back-of-house positions, and tips on how to manage back-of-house operations.

Back of House 52

Back of House BOH Front of House FOH 52

Restaurant365

DECEMBER 17, 2019

Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. However, the biggest factor in controlling food costs is improving your inventory management. These recurring costs can be broken down further by category. Labor Costs.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Harbor Touch

AUGUST 1, 2019

A point of sale (POS) system is the computerized system where a transaction between a customer and a merchant takes place. But, one of the significant benefits of having technology in your POS is when tax season arrives. The Ability to Manage On-The-Go. Properly Manage Your Inventory.

Technology 60

Technology Operations Point of Sale Website Management 60

Aaron Allen & Associates

OCTOBER 4, 2022

per hour (as of July 2022) — an increase in labor cost of 33% in the last five years Much of the restaurant employment is part time, with employees working an average 25.5 Some questions to ask when beginning to set the baselines include: What are sales per employee? What are employee turnover and retention rates? In the U.S.,

Point of Sale 98

Point of Sale Employee Relations 2022 Mobile Ordering 98

Restaurant365

OCTOBER 14, 2020

As a restaurant owner or manager, you can use a budget to understand your income and expenses, and at what levels you will profit, break even, or operate at a loss. For example, when you understand your CoGS in your budget, you are able to implement tools like restaurant inventory management to help you track your food costs.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

Touch Bistro

JUNE 22, 2021

That means you can support your employees, grow your restaurant empire, and even launch a new product line. For a restaurant, operating expenses can include POS and other restaurant tech licenses, utility costs like energy and water, and kitchen equipment and repair costs. Minimize Food Waste. Control Inventory. Download Now.

Operations 52

Operations Food Supply Inventory Employee Relations 52