article thumbnail

Why Demand Forecasting Is Crucial for a QSR Food Supply Chain 

Modern Restaurant Management

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

article thumbnail

Food Chain Crisis Explained: Supply Disruptions & Rising Prices

Cheetah

Supply chain disruptions and shortages like these are hitting every part of the food service industry hard. Learn how this affects your business, from restaurant suppliers struggling to keep up, to rising food prices led by labor shortages and increased consumer demand for quick, cheap food. Labor Crisis Continues.

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

What Food Supply Chain News Means to You and Your Restaurant

Cheetah

Today’s economy is driven by consumer demand, which means that staying informed about the forces driving the food industry is leverage, especially for small and medium-sized restaurants. This is the best way to stay informed on upcoming food and agriculture trends and challenges related to produce, proteins, grocery and more.

article thumbnail

Food Chain Crisis Explained: Rising Food Prices & Supply Disruptions

Cheetah

But the root cause of the current food chain crisis and rising food prices runs deeper than that. Supply chain disruptions and shortages like these are hitting every part of the food service industry hard. Labor Issues Exacerbate Food Chain Crisis. Summer Heat Wave Inflames Food Shortage.

article thumbnail

Digital Transformation in the Restaurant Industry

The digital transformation of restaurants and food service businesses represents major advances for the industry, especially when the driving force becomes AI. Think, a 25-75% reduction in food waste that translates to millions of dollars in savings. A fully automated supply chain. Advanced analytics and forecasting.

article thumbnail

Adopting Tech Solutions Is the Smartest Decision Restaurants Can Make

Modern Restaurant Management

It’s wise to invest in fully featured software options, which offer audit management and compliance tracking capabilities to maximize the safety of your food, guests, and business. Increase quality and safety across the supply chain. Manage labor shortages. Differentiate yourself. Improve the customer experience.

article thumbnail

Revolutionizing Restaurant Supply Chains: The Impact of AI on Transparency, Validation, Verification, and Sustainability

Modern Restaurant Management

Artificial Intelligence (AI) technology has become invaluable in the food industry. AI can also improve sustainability within restaurants – and throughout their supply chains – with huge benefits that include waste and carbon emissions reduction, cost savings, and meeting consumer demand.

Supplies 167