Modern Restaurant Management

JANUARY 8, 2024

QSRs Shift Focus from Slow-Paced Dining to Swift, Transactional Experiences Quick Service Restaurants (QSRs) are reimagining their dining spaces to prioritize speed, convenience, and personalization over traditional, slow-paced dining experiences.

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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.

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7 Shifts

MAY 23, 2024

You can easily retrieve this data from your POS system. This can reduce your budget for ingredients and, at the same time, minimize food waste. The budgeting software can also help you forecast restaurant sales and manage your payroll and inventory so you can optimize your daily operations. What is forecasting in a restaurant?

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Restaurant365

DECEMBER 11, 2020

This way, you can take immediate action on issues like incorrect portions or food waste (explored below). Automating this process with a restaurant-specific inventory management system can help you quickly identify vendor pricing errors. For food waste in particular, tracking the variance can lead you to the root cause of the issue.

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Mad Mobile

FEBRUARY 5, 2024

In fact, surveys show that 56% of people dine out at least twice a week! Our innovative and intuitive POS system makes it simple for your staff to learn and maximize their efficiency. You’ll see a reduction in food waste as your order accuracy increases, and you’ll have the data to back it up !

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Open for Business

OCTOBER 20, 2023

Whether it’s chic and modern or rustic and cozy, fine dining or casual, the atmosphere needs to enhance the dining experience and make it memorable for all the right reasons. POS system A robust Point of Sale (POS) system is your first line of defense against operational chaos. How’s the ambiance?

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Restaurant365

JANUARY 21, 2021

Not only can your food cost help you better understand your restaurant group’s budget, but it can also drive your menu pricing and inventory control at all your locations. Then, you can compare your theoretical to your actual food cost, which is the food cost given your real-time sales and inventory levels.

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Focus POS

JUNE 17, 2019

What is restaurant point of sale (POS) software? Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations. Generic POS systems may not have all of the features and capabilities that a restaurant needs. Restaurant Point of Sale Software.

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Restaurant365

MAY 27, 2021

In addition, there are still a lot of uncertain factors surrounding dining capacity. While this number is a useful benchmark, it can vary widely between quick service restaurants to fine dining, full-service models. Forecast your labor and inventory. Your recipe costing connects your sales to your inventory management.

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Open for Business

MAY 19, 2023

Inventory management software updates stock levels based on POS data on what guests order. They can even be set to trigger an automatic reorder when inventory drops below par. With the promise of lower labor costs, less waste, more effective marketing, and a better guest experience, it’s easy to see why.

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BNG Point of Sale

SEPTEMBER 7, 2021

This is because CoGS are measured by inventory count rather than individual dishes or drinks. CoGS is especially important because it is related to your restaurant’s profit margin for any period, revenue, and inventory management. Beginning Inventory + Purchased Inventory – Ending Inventory = Cost of Goods Sold (CoGS) .

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7 Shifts

DECEMBER 18, 2023

It also gets rid of those frustrating sticky notes all over your POS. Inventory management Inventory management software helps you monitor your restaurant’s stock levels. It integrates with your POS system and other restaurant tools to keep track of your stock and let you know when you’re running low.

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BNG Point of Sale

OCTOBER 7, 2021

How the Best Point of Sale (POS) Systems for Restaurants Boost Sales and Profit. Quality restaurant and bar point of sale (POS) systems help boost restaurant business efficiency for any restaurant business type. This article explains what a POS system is and why you need it, regardless of your type of restaurant.

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Margin Edge

MAY 10, 2021

It could be theft or a portion control issue, or it might simply be a problem of perishability and waste. In fast-casual and full-service environments, scrutinizing plates as they come across the pass, or having a manager check prep and line cooks’ waste can help identify portioning and prep issues. 4) Actively Manage Your Inventory.

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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.

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Ken Burgin

JUNE 13, 2023

I asked ChatGPT how artificial intelligence, while maintaining a personal touch and creativity in your kitchen, can streamline operations, reduce waste, and boost a restaurant’s efficiency and profitability. Waste Management : AI can help track and analyse food waste to identify patterns and suggest improvements.

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7 Shifts

JANUARY 10, 2024

Not long ago, this software ran only on bulky PCs in back offices or slow, awkward point-of-sale (POS) stations tucked along the edges of the dining room. They can take orders on iPads and process transactions via handheld POS devices. These systems offer a unified solution for sales, inventory, and customer management.

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7 Shifts

JANUARY 10, 2024

Not long ago, this software ran only on bulky PCs in back offices or slow, awkward point-of-sale (POS) stations tucked along the edges of the dining room. They can take orders on iPads and process transactions via handheld POS devices. These systems offer a unified solution for sales, inventory, and customer management.

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iTab POS

NOVEMBER 8, 2018

While it may be fine for sandwich carts, food trucks, and other small, independent restaurants to operate with a cash-only model, a restaurant with a dine in place, which includes a small corner café, will be doing itself a huge disservice by allowing people to pay with ‘cash only’. Why Invest in a POS System for Your Business?

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Margin Edge

AUGUST 6, 2019

It could be theft or a portion control issue, or it might simply be a problem of perishability and waste. In fast-casual and full-service environments, scrutinizing plates as they come across the pass, or having a manager check prep and line cooks’ waste can help identify portioning and prep issues. Actively Manage Your Inventory.

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7 Shifts

DECEMBER 18, 2023

It also gets rid of those frustrating sticky notes all over your POS. Inventory management Inventory management software helps you monitor your restaurant’s stock levels. It integrates with your POS system and other restaurant tools to keep track of your stock and let you know when you’re running low.

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7 Shifts

MAY 23, 2024

However, overly large portions can sometimes result in food waste, which is an issue not only for restaurants but also for the environment. According to the UN Environment Programme, over one billion tons of food is wasted annually, and 40% is from restaurants and food service companies. This is according to a study by Toast.

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MBB Hospitality

NOVEMBER 13, 2018

They don’t have to be big changes, but is important that you are constantly fine-tuning your menu. Find the right POS system. Most restaurant owners now use some sort of point of sales system to keep track of sales, cash flow and even your inventory. Switch up your menu regularly. You never want your menu to feel stale.

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SpotOn

MARCH 18, 2024

On the other side of the dining spectrum, there are restaurants with menus that offer an entire meal at a set price, also known as the prix fixe menu. Even though it's easy to dismiss these menus as a novelty for fine dining restaurants, there's more to the prix fixe than meets the eye.

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Mad Mobile

FEBRUARY 5, 2024

43% of operators choose POS systems like tablets for functionality Tablet systems alleviate restaurant turnover Conquering the dinner rush with faster ordering Reduced walkouts with 3X faster service More easily satisfy picky preferences with menu mods The menu. In the restaurant business, the tool that does it best are tablet POS systems.

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Restaurant365

JANUARY 27, 2022

In Hospitality Technology’s 2021 Customer Engagement Technology Study , it was found that 37% of diners prefer to dine at restaurants that do not have a paper/physical menu. 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.

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Modern Restaurant Management

FEBRUARY 18, 2020

Restaurants will adopt mobile-first hardware architectures and API-connected software platforms that can be unified at every digital touchpoint, from order taking at POS or self-service, to food prep in smart kitchens, to service in-house, and finally delivery to in-restaurant tables or the customer’s front door.

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Restaurant365

MAY 7, 2020

As states and localities start to reopen, restauranteurs begin to prepare for transitioning from off-premise channels to reopening their dining rooms, albeit in a limited approach. Most states have issued executive orders that provide specific requirements that must be followed in order to reopen dining rooms.

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The Restaurant Times

NOVEMBER 11, 2021

7shifts can also work with your POS system. Whatever sort of eating facility you have (fine dining, food truck, pop-up restaurant, quick food), there is an app that can help you achieve your goals. You can keep track of your inventory, check items in as they arrive, and return any additional or broken items, among other things.

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Modern Restaurant Management

DECEMBER 31, 2019

They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. With the rise of delivery and take-out, restaurants will start getting creative with the in-dining experience. Minimizing food waste will continue to be a focus in 2020.

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