7 Shifts

NOVEMBER 15, 2024

They play a big role in overseeing your inventory and attending to customer complaints. They also bring creative ideas to the table, such as improving the drink menu and coming up with new events and promotions to drive sales. In this article: How do you handle inventory management to keep the bar always adequately stocked?

Bar

7 Shifts

NOVEMBER 15, 2024

After all, it’s not just the quality of your food that can keep customers coming back — 73% of diners base their satisfaction on the quality of service they receive. How do you prepare your team for special events or holiday rushes? How do you handle unexpected challenges, such as equipment failure or supply shortages?

Leadership

Modern Restaurant Management

NOVEMBER 21, 2024

When communities begin piecing themselves back together after severe weather events, QSRs like McDonald's, Wendy's, and Starbucks often find themselves serving a purpose beyond their usual role. This meant they could track inventory, shift resources around, and coordinate reopening efforts from anywhere with a cell signal.

Technology

ChowNow

MAY 9, 2025

In this article, you will learn: The five most important restaurant costs to track and manage Easy strategies for controlling food costs and labor costs Tactics to save money without hurting your guest experience Lets start with the big picture and learn where your money is actually going.

Operations

Modern Restaurant Management

JULY 9, 2025

Rising Food Costs Are Straining Restaurant Finances According to TouchBistro's 2025 State of Restaurants report , food costs remain the number one source of financial strain for restaurant owners, with 26 percent citing it as their biggest financial challenge. Seven Reasons to Make Business Credit a Priority 1.

Cash Management

Perfect Daily Grind

JUNE 13, 2025

JAB hired bankers to attract new investors as it considers an IPO for the coffee and food to-go chain. The Italian coffee giant will supply its blend on board all long-haul Iberia flights and in VIP lounges via self-serve machines, extending its airline partnerships with United and ITA Airways.

2025

ChowNow

FEBRUARY 21, 2025

They help with reservations and table management, staff scheduling and time management, inventory tracking, rewards programs, automated marketing, and more. Inventory and supply chain apps. Running out of key ingredients can lead to frustrated customers while over-ordering can result in wasted food and lost profits.

2025

Perfect Daily Grind

JUNE 19, 2025

Strong demand from the EU and US markets has driven this growth, despite persistent logistical bottlenecks and global supply shortages. London, UK) Thu, 19 Jun – SCA announces Brussels as the host city of 2026 World of Coffee European event. Zurich, Switzerland) Fri, 20 Jun – ECOM launches digital tool for supply chain sustainability.

2025

Restaurant Business

JUNE 17, 2025

We have found that, by keeping it in each location, we’re able to have the freshest product possible, as well as being able to manage inventory levels and waste accordingly,” said Kern. Continue to Site >>> Menu Forget coffee. Side salads are designed for the car cup holder. Photo courtesy of Greenlane.

Fast Casual

The Rail

JANUARY 31, 2025

Particularly at busy periods or special events, you want to make sure there is open communication on menu, inventory, and service standards adjustments. Having faith in their knowledge strengthens morale and helps them to feel responsible for the food they produce.

Management

The Rail

JANUARY 15, 2025

For example, repositioning prep stations or food pickup points can reduce unnecessary back-and-forth. Use partitions to divide large spaces for events. Use inventory management software to organize supplies. Analyzing customer flow: Observe how patrons move from the entrance to their tables, restrooms, and back.

Outdoor

Harbor Touch

MARCH 18, 2025

Mileage: Drive Off Some Taxes Delivering food or catering events? Employee Meals: Free Food, Free Savings Feeding staff on-site? Its 100% if part of food costs, non-taxable to them. Ive tossed meals into inventory totals and shaved taxes that way. Keep it separate or bundled with food costs.

Point of Sale

Modern Restaurant Management

JANUARY 31, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.

Marketing

Lavu

JUNE 6, 2025

Running a successful restaurant in 2025 means more than just great food—it requires smart financial decisions. Use these Calculations to Maximize Cost Reduction The food cost percentage is the number one calculation that restaurants can use today to maximize their cost reduction. Food cost control is crucial.

Loyalty Program

Modern Restaurant Management

MAY 30, 2025

In recent years, the food service industry has undergone a rapid transformation of automation and increased technology usage. Fast Food and QSR Value The United States Fast Food & Quick Service Restaurant Market size was valued at US$ 248.8 Growing menu innovation and healthy fast food further drive the growth of the market.

Fast Casual

SpotOn

FEBRUARY 26, 2025

Your P&L line items should be consistent with the ones on different platforms—POS, inventory management, and accounting software. That could simply be food sales , alcohol , and non-alcoholic beverages. Cost of Goods Sold (COGS) Your Cost of Goods Sold is the cost of your food and beverages. That may be too high.

License

Paper Chase Accountancy

JULY 25, 2025

Restaurants and Food Service: Including fine dining, fast casual, QSRs, cafes, and catering. Accounting must track and analyze performance across peak and off-peak seasons, affecting revenue recognition, staffing, and inventory management. Dynamic pricing, room night vs. F&B sales, event package recognition, cancellation fees.

Hospitality

Lavu

JULY 4, 2025

By letting customers handle their own orders, these tools cut down wait times and free up staff to focus on food preparation and delivery. This gives staff more time to focus on what really matters – preparing great food. But automation doesn’t stop at order management – it also tackles inventory challenges.

2025

Modern Restaurant Management

MARCH 11, 2025

Special events have become a big reason for going out, making unique dining experiences more important than ever. Special events have become a big reason for going out, making unique dining experiences more important than ever. I’m happy to say it’s come back, with people holding big business and social events again.

Loyalty Program

Modern Restaurant Management

MARCH 11, 2025

Many restaurant owners had believed they would be covered in the event of something like the pandemic, and found themselves without a safety net. Furthermore, digital tools for inventory and labor management became crucial for navigating supply chain disruptions and staffing challenges. PIRG Education Fund.

Mobile Ordering

Paper Chase Accountancy

MAY 30, 2025

A single percentage point difference in food costs or labor can be the difference between profit and loss. Vendor Disputes: Without proper documentation of invoices and payments, disputes with suppliers can escalate, damaging relationships and potentially disrupting supply chains. Adjust COGS based on actual inventory consumed.

Bar

Paper Chase Accountancy

MAY 21, 2025

They require specialized support that understands the intricacies of fluctuating revenues, high labor costs, and complex inventory management. Complex Tax Regulations: The industry faces specific tax considerations related to food and beverage sales, lodging taxes, and tip income, demanding expert knowledge for compliance.

Hospitality

Modern Restaurant Management

APRIL 21, 2025

These on-again, off-again tariffs are, first of all, creating uncertainty as we try to plan our food and beverage budgets for 2025. Use technology to streamline inventory management, ordering and other day-to-day tasks. Cultivate food producers near you and promote “locavore” menu items. Optimize Operations.

Seasonal Menu

Perfect Daily Grind

JUNE 6, 2025

BRITA will provide filtered water dispensers and refillable bottles at key LTA events, including Nottingham, Birmingham, Queen’s Club, and Eastbourne, building on its 2024 effort that saw over 200,000 single-use bottles cut, delivering premium hydration and reducing plastic waste. Robustas slid 3.5% to 237.76¢/lb led by London’s 4.7%

2025

Paper Chase Accountancy

MAY 30, 2025

Financial accounting in hospitality can reveal inefficiencies in inventory management, for example, leading to a more judicious use of resources. Scope of Operations : Hotels have a broader operational scope, encompassing rooms, food and beverage, and other services, making their bookkeeping more complex.

Hotels

Modern Restaurant Management

APRIL 29, 2025

Meanwhile, according to consumers, here are some opportunities for restaurants: Packaging : 90 percent say they’d order a greater variety of items if the food maintained on-premises quality during delivery; over half would pay more for premium packaging that supported quality during transport. percent for Starbucks, 4.3

Reservations

Modern Restaurant Management

MARCH 14, 2025

For practical advice for restaurant operators, Modern Restaurant Management (MRM) magazine reached out to Phil Kafarakis, CEO of IFMA, The Food Away From Home Association. What food products used commonly in restaurant menus do you feel will be most affected by tariffs? Do you anticipate it will affect fine dining over fast food?

Fast Casual

Restaurant Business

JUNE 10, 2025

Boston-based Crunchtime offers operational tools such as inventory management, scheduling and training, also for large chains. Joining forces will allow the company to connect the dots between restaurants’ inventory, food prep and order flow, allowing operators to serve customers faster and more profitably, the companies said.

Fast Casual

Paper Chase Accountancy

JULY 17, 2025

Then there’s operations management, ensuring smooth running of daily activities, from food service to room bookings. Furthermore, the management of large, fixed assets like buildings and facilities, coupled with the handling of high variable costs like staff wages and food supplies, make hotel finance a distinct field.

Hospitality

Restaurant Business

JULY 11, 2025

A celebrity chef in Ireland and author, Moriarty will shape the group’s food program, and will assist in recruiting a dedicated executive chef. Becca McIntyre is the new vice president of supply chain and culinary for Beans & Brews Coffeehouse. Photo courtesy of Lotte Hotel Seattle.

Leadership

Modern Restaurant Management

SEPTEMBER 22, 2022

We were ill-prepared for the COVID pandemic that devastated the food industry with supply chain disruptions, product and labor shortages, and soaring inflation. Labor shortages mean food is rotting in shipping containers, warehouses, and trucks because there aren’t enough workers to get them to their final destinations.

Food Supply

Modern Restaurant Management

FEBRUARY 7, 2022

QSRs operate in a competitive and highly complex business space, so one of the highest priorities for these organizations is creating strategic plans that will reduce food waste to avoid lost revenue and wastage disposal fees. According to Rethink Food Waste Through Economics and Date , the U.S. restaurant sector generates 11.4

Food Supply

Modern Restaurant Management

SEPTEMBER 8, 2022

Few scenarios strike more fear into a restauranteur’s heart than the prospect of serving food to patrons that makes them sick. Besides the obvious impact on customers, it can be extremely difficult to rebound from such an event as word spreads and casts doubt over the establishment’s reputation. Regulatory Requirements.

Food Safety

Modern Restaurant Management

MARCH 28, 2024

Food manufacturers and retailers are embracing a whole new world of opportunities for consumer engagement that are enabled by this newer technology. In foodservice establishments, the same technology opens doors to greater food safety and ingredient transparency.

Information

Goliath Consulting

JUNE 15, 2021

Since the start of the pandemic, safety measures such as social distancing, lockdowns and mask-wearing have completely changed our understanding of how consumers spend on food. We saw customers stockpiling on groceries and supplies in homes instead of going out to eat, raising retail sales by 29 percent over the previous year (1).

Supplies

Goliath Consulting

JULY 8, 2020

When the dust clears and a proper inventory of each order is finally manageable, the frustration of back ordered product sets in. Reopening restaurants with current supply chain issues makes this once rare scenario seem to be a weekly occurrence. How often are you counting a detailed inventory?

Supplies

Modern Restaurant Management

OCTOBER 2, 2023

Food waste is recognized as an endemic challenge around the world. According to Feeding America , nearly 40 percent of all food in the U.S. Historic heat waves, droughts, fires, floods and other weather events are decimating crops. restaurants lose $162 billion annually in food waste costs.

Waste