The Restaurant Times

JANUARY 13, 2022

A survey conducted by Too Good To Go indicates that more than 1/3rd of the bakery output in the UK ends up being wasted. This is where it is recommended to start a waste-free bakery. Research by Too Good To Go states that around 50% of the UK bakeries have a documented plan in place to reduce food waste.

Waste 52

Waste Kitchen Safety Equipment Social Media 52

Apicbase

MARCH 3, 2023

POS integration is essential. Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. Some technologies integrate with the restaurant’s POS, allowing data to be easily shared between front-of-house (FoH) and back-of-house (BoH) systems.

Point of Sale 52

Point of Sale POS Management Management 52

7 Shifts

AUGUST 19, 2020

Pandemic or otherwise, staff turnover eats into your profitability and wastes a considerable amount of managers’ time. In order to help new staff learn the ropes, you need to create a comprehensive restaurant staff training manual. Detailed instructions on how to use the POS system.

Training 370

Training Kitchen Safety Customer Service Food Safety 370

Modern Restaurant Management

FEBRUARY 4, 2022

Diners simply don’t want the low food quality that often comes with long menus. These restaurant food trends can directly impact a restaurant’s profitability. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste.

2022 218

2022 Customer Service Online Ordering Website Management 218

Apicbase

MARCH 28, 2024

These include food production and inventory management. Additionally, the BOH handles food safety and restaurant administration. This includes the food prep and kitchen areas, food storage rooms, walk-in fridges, pot wash stations, staff break rooms, and offices. Food safety. Cost control. HACCP protocols.

Back of House 52

Back of House FOH BOH Front of House 52

7 Shifts

AUGUST 6, 2021

On a micro level, forecasting helps a restaurant plan for inventory orders and how many employees need to work each shift to make and sell food. Inaccurate sales forecasting can result in wasted funds on labor, inventory, and even operating expenses for the restaurant. Why Should You Conduct a Restaurant Forecast? Get granular.

Seasonal Menu 370

Seasonal Menu Point of Sale Inventory Food Supply 370

Restaurant365

MAY 17, 2022

Food inventory management goes way beyond counting the items on the shelves. Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. That’s great.

Inventory 78

Inventory Management Management Food 78

Lavu

NOVEMBER 17, 2023

This low profit margin can be attributed to the high overhead costs associated with running a restaurant, including rent, labor, food and beverage costs, and utilities, often account for a major chunk of your expenses, making it challenging to increase your restaurant profit margin. To enhance profits, effective food cost management is key.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

Mad Mobile

FEBRUARY 26, 2024

It also has one of the most complex stock lists. Because liquor, wine, and beer have such wildly varying prices, it pays to keep tight controls on ordering and inventory. Loss, waste, inconsistency — without careful management of bar inventory, you’re quickly losing a decent chunk of money. Take these lessons to heart.

Inventory 40

Inventory Bar Management Management 40

The Restaurant Times

FEBRUARY 22, 2022

Restaurant startup developments in recent years have included a variety of food delivery alternatives, company expansion, service innovation, extended online ordering, assemble-your-meal popup businesses, and many others. . It’s no longer about waste and environmental damage. Restaurant Tech.

2022 98

2022 Front of House Cash Management Online Ordering 98

Restaurant365

JUNE 22, 2021

As a restaurant owner or operator, keeping your food costs low is a continual challenge. Food cost is one of the largest expenses for your restaurant, and because it is a controllable cost, you can influence how it impacts your bottom line. The biggest factor in reducing food waste is how invested your store-level managers are.

Compost 88

Compost Food Waste Front of House 88

7 Shifts

JUNE 4, 2021

Food cost percentage. Total revenue data, or all of your revenue from income statements or POS sales reports. Food Cost Percentage. What is food cost percentage? Food cost percentage is the ratio of the cost of food inventory to the amount of revenue it generates. Why is food cost important?

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

Deliverect

AUGUST 31, 2020

Knowing what is most popular, on each channel and at what time can make everything from staffing to food prepping far simpler. What this means is making sure that your delivery sales get input into your POS as they come through and not waiting till the end of the day to send them all through at once. Step 3: Own the full day share.

Delivery 146

Delivery Front of House Point of Sale Back of House 146

The Restaurant Times

FEBRUARY 28, 2023

Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. Restaurant analytics refers to the process of assessing your restaurant’s data to gain meaningful data to enhance your restaurant’s overall performance. What Is Restaurant Data Analytics?

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

The Restaurant Times

JANUARY 11, 2023

And automated order taking, well, it is going to be one of the top trends in the restaurant industry in 2023. . Automated order-taking refers to technology, operating systems, or software that take orders from customers and respond to them automatically. Why Should You Integrate Automated Order Taking?

Ordering 52

Ordering Online Ordering Mobile Ordering Loyalty Program 52

Modern Restaurant Management

DECEMBER 21, 2022

Restaurants will continue to embrace digital on-premise, including mobile ordering and payment at the table, to streamline operations and improve the guest experience. Restaurants will continue to embrace digital on-premise, including mobile ordering and payment at the table, to streamline operations and improve the guest experience.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

The Restaurant Times

OCTOBER 14, 2021

Food has a relatively short lifespan, and so it’s critical to measure turnover. This is referred to as the Cost of Sales or Revenue (CoGS) and is found on the income statement for your restaurant. With a POS, keep track of the inventory and remove the hassle of having spreadsheets and doing the calculations manually.

Inventory 52

Inventory Merchandise POS Food Supply 52

Sling

APRIL 27, 2023

Restaurant operations management (sometimes referred to as ROM) is the set of processes and procedures that provides a framework for all of the day-to-day activities of your business. But it’s about more than just ordering as much inventory as your storage spaces can hold and hoping for the best.

Operations 78

Operations Management Management Inventory 78

Restaurant Engine

AUGUST 2, 2020

For example, when chefs order an ingredient, the stock counts in their ERP systems automatically reflect an increase in stock. Also, when inventory levels fall below par, an ERP system will prompt a manager to re-stock, or even automatically place an order to a supplier. However, the installation of an ERP system is not as easy.

Inventory 80

Inventory Management Management Point of Sale 80

The Restaurant Times

JUNE 1, 2021

It is crucial to monitor all activities that go into food production including sourcing, use of ingredients based on recipe and pricing. Track Food Wastage. There is a lot of waste generated from restaurants on a daily basis. This excessive food waste demands good waste management. . Manage Your Menu.

Seasonal Menu 52

Seasonal Menu Online Ordering Inventory Waste 52

Restaurant365

MAY 27, 2021

Your biggest restaurant expenses—food and labor costs—make up your prime cost. As a refresher, your prime cost is your food costs and your people costs (otherwise known as Cost of Goods Sold and your labor costs) over a certain period. In a fluctuating economy, you don’t know exactly what is going to happen to sales.

Point of Sale 78

Point of Sale Inventory Waste Food Order 78

Goliath Consulting

JANUARY 6, 2022

The demand for food delivery services increased when COVID-19 emerged. These third-party delivery services provide independent delivery personnel to deliver food to customers through their apps with a delivery fee and tip for the delivery driver. Furthermore, this hurts the drivers and the restaurant in which the order was placed at.

Delivery 78

Delivery Food Customer Service Online Ordering 78

BNG Point of Sale

JUNE 21, 2021

In the restaurant industry, delicious food and restaurant ambiance are often seen as THE KEYS TO SUCCESS! Whether a restaurant is full-service, quick service, or a food truck, maintaining optimal profits is important. In this case, the “goods” are food and drinks only. Fast Food and Fast Casual Restaurants.

Fast Casual 52

Fast Casual Food Truck Customer Service Online Ordering 52

Restaurant365

JANUARY 28, 2020

Currently, some of the most powerful restaurant management systems on the market feature predictive tools around food and labor costs. Forecasting based on historical data can provide insight into your two largest costs, food and labor, and help you make essential decisions about where to put your resources, when.

Inventory 145

Inventory Seasonal Menu Employee Relations Customer Experience 145

Clover - Restaurants

MAY 3, 2024

Recent surveys confirm the importance of cleaning and sanitizing in food industry establishments for building customer confidence and in influencing diner choice. City and state health departments monitor local restaurants to ensure they’re following food safety management program guidelines.

Kitchen Safety 52

Kitchen Safety Food Safety Food Food Supply 52

BNG Point of Sale

AUGUST 25, 2021

Maintaining strong sales in the restaurant industry is an ongoing challenge due to overhead costs like rent, food, and restaurant staff. 1: Expand Your Service Capabilities with POS Software . COVID has restricted the number of restaurant guests both indoors and outdoors, but it has shown the benefits of online and phone orders.

Loyalty Program 52

Loyalty Program Social Media Point of Sale Customer Service 52

BNG Point of Sale

SEPTEMBER 7, 2021

The more dishes served, for example, steak versus salad with no meat and side order fries instead of a baked potato means that everything gets averaged together into one figure – this makes calculating costs much easier! . The cost of goods sold is also referred to as the “cost of sales.” CoGS Ratio .

Point of Sale 52

Point of Sale Inventory Food Supply Seasonal Menu 52

BNG Point of Sale

SEPTEMBER 2, 2021

A Guide to a Restaurant’s Ideal Profit Margin for Food . Ideal Profit Margin for Food . The food business is notoriously tough. A Guide to a Restaurant’s Ideal Profit Margin for Food . 30% food costs . Food Trucks . 30% labor . 30% overhead expenses . 10% profit .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

Lavu

MARCH 26, 2020

If you have a food truck and your local government is still allowing their operation, now is the time to start traveling through local neighborhoods on lockdown. Don’t let your inventory go to waste; start offering your best-sellers as meal prep items. Utilize Your Food Truck. Meal Prep Kits with Pickup Options.

Catering 104

Catering Food Truck Retail Point of Sale 104

Restaurant365

JUNE 4, 2021

Wages and food costs inevitably rise over time. You need to be constantly improving profitability so that food and wage costs don’t take over your restaurant profit margin. In addition, consider implementing what is commonly referred to as “SMART” goals: Specific, Measurable, Achievable, Relevant, and Time-Bound).

Loyalty Program 78

Loyalty Program Point of Sale Inventory Customer Service 78

Margin Edge

MAY 10, 2021

Get Real-Time Insights into Your Food Costs: Try MarginEdge Free until July. The reality that most restaurateurs know is that food cost and food usage are variables — not constants. 1) Monitor Your Food Costs Closely. See your food costs in real-time. 3) Verify Food Usage Against Your Sales and Ordering.

Food 52

Food Point of Sale Fast Casual Seasonal Menu 52

Margin Edge

JULY 10, 2019

Yet that is how much of a chef or restaurateur’s time is spent: manually entering invoices, taking inventory counts with paper and a clipboard or reviewing sales results from a point-of-sale system and trying to reconcile them with the purchasing and food cost data kept separately on spreadsheets. 4) Gets Your Ordering Right.

Management 49

Management Management Point of Sale 2019 49

Lavu

JANUARY 21, 2020

Accounting refers to the collection, interpretation, classification, analysis, and reporting of financial data. At any one time, you can tell what your ingredient stock count is, your current purchase orders, and the amount of money spent in purchasing the ingredients. What is Accounting? Help in Pricing Your Menu Items.

Cash Management 78

Cash Management Point of Sale Inventory Information 78

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. Even if the business is successful and receives many orders, these are still costs required for it to function. Property taxes . Utilities .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Touch Bistro

AUGUST 4, 2021

If, for example, you ask a colleague to broil something, when you actually want it braised, you could end up with costly food waste and unhappy customers. Servers also need to be able to understand how food is prepared and be ready to explain cooking methods, ingredients, and flavors to customers who inquire about menu items.

BOH 52

BOH Front of House Back of House Point of Sale 52

Restaurant Clicks

FEBRUARY 21, 2020

Food & Beverages. Food & Beverages. One of the biggest recurring costs on this list is food and beverage. The success of your restaurant is determined largely by the food you sell, and more importantly, how profitable it is to sell that food. Food truck? Equipment & Maintenance. Technology.

License 79

License 2020 Food Truck Equipment 79

Margin Edge

AUGUST 6, 2019

The reality that most restaurateurs know is that food cost and food usage are variables — not constants. Accounting accurately for your food usage and cost — and the relationship between the two — is an ongoing exercise that even the most experienced can struggle to get right. Monitor Your Food Costs Closely.

Dine-in 44

Dine-in Food Point of Sale Fast Casual 44