Remove Food Safety Remove Food Supply Remove Pricing Remove Sustainability
article thumbnail

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. To maximize your existing resources: Reduce food waste.

article thumbnail

Beyond the Plate: The Future of Restaurants in a Tech-Driven 2024

Modern Restaurant Management

These factors contribute to a volatile supply chain, influencing everything from ingredient availability to menu pricing strategies. Contemporary menus increasingly feature more plant-based selections and alternative proteins, while also reflecting the demand for locally vetted foods and transparent supply chains.

2024 203
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Restaurant Menu Pricing Strategy during COVID-19

Goliath Consulting

With how the restaurant industry looks right now, from shifting consumer behavior and volatile demand, strategically pricing a menu has never been so complicated, nor so important. Adjust your food costs so that it reflects your target food-cost percentages. Determine the pricing elasticity of items. Study the market.

Pricing 158
article thumbnail

What’s Cooking in the Restaurant Fryers Market?

Modern Restaurant Management

Over the next ten years, there will likely be a sharp increase in demand for automated restaurant fryers due to the introduction of cutting-edge technologies in food service equipment. Fryer features like quick frying, consumption of low fuel, ease in cleaning, and capability to fry food in bulk which has predicted to grow their demand.

Marketing 118
article thumbnail

Restaurants Diversify Cooking Oils and Optimize Operations as Prices Soar

Cheetah

Cooking oil prices reached an all time high this October. Operators are diversifying oil types and supply sources, while adjusting menus and learning how to prolong fry life. . Cooking Oil Prices Triple amidst Global Shortages. The first years of the pandemic came after nearly 6 years of low vegetable and crude oil prices.

Pricing 148
article thumbnail

Are EV Charging Stations Worth the Investment?

Modern Restaurant Management

Historically high gas prices are pushing consumers towards EV options. Give them charging stations and a reason to stay (delicious food, great service, and a comfortable atmosphere) while their cars are charging. You already provide delicious food, exceptional customer service, and an inviting atmosphere, right?

Audits 190
article thumbnail

Finding the best suppliers for your restaurant: A simple guide

Clover - Restaurants

Thankfully, the restaurant industry has bounced back from those difficult times, but one thing is still true–supply chain challenges continue to be obstacles that cannot be overlooked. Reliable, quality food suppliers for restaurants are one of the few key components that a dining establishment must have to remain operational.