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MRM Research Roundup: End-of-April 2020-COVID-19 Effects Edition

Modern Restaurant Management

Q1 Yelp Economic Average (YEA) , which takes a holistic look at the local economic changes since the start of 2020, focused on the economic impact of COVID-19. Other businesses have seen a surge of consumer interest, including chicken-wing joints (+84 percent), pizzerias (+71 percent) and fast-food restaurants (+55 percent).

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Coffee News Recap, 13 May: Peru’s 2022/23 coffee production to exceed 4 million bags, Vietnam to replant 107,000ha of coffee trees by 2025 & other stories

Perfect Daily Grind

Voyage Foods secures US $36 million in Series A funding round. First round of 2022 Canadian Barista Championships takes place in Toronto. PRF Colombia will take place from 30 June to 1 July. Throughout May, the campaign will raise awareness surrounding economic equity and sustainability in food supply chains, including coffee.

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How has technology changed in the coffee industry over the last few years?

Perfect Daily Grind

And ultimately, as the coffee sector has developed, technology has become more important across the supply chain. Considering the boom in online ordering, co-ordinating the preparation of coffee and food has never been so important. However, Demian points out that the move towards contactless has continued.

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Coffee News Recap, 9 Dec: Jibbi Little wins 2022 World AeroPress Championship, EU agrees to ban coffee and other imports linked to deforestation & other stories

Perfect Daily Grind

Filipino fast food chain Jollibee reportedly selling a minority stake in Highlands Coffee. According to Reuters, the new law requires companies to demonstrate that products in their supply chains are not contributing to deforestation before they import coffee, palm oil, soy, and other commodities into the EU. Take a look.

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Coffee News Recap, 2 Jun: PRF to launch new No Filter panel series, USDA estimates Tanzanian coffee production to increase by 21% & other stories

Perfect Daily Grind

The new innovative panel discussion format will debut at PRF Colombia, which takes place on 14 & 15 September 2023 in Medellín. HOTELEX Shanghai takes place at National Exhibition and Convention Centre. Specialty Coffee Association Educator Summit takes place in Busan, South Korea. Here are this week’s stories.

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11 Essential Techniques for Controlling Restaurant Food Costs

Restaurant365

Your restaurant food cost is pivotal to your business’ financial success. While you may have already implemented some techniques, like inventory management, there is an almost infinite level of detail you can dive into to refine your food costs. Examining this comparison point is low-hanging fruit for impacting your food costs.

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How to Control Inventory in Your Restaurant: Best Practice Guide

Restaurant365

Your sitting inventory (in product or dollars) is one of the main factors influencing your food cost and your bottom line. While retail stores may monitor a detailed list of all goods and assets, restaurants usually focus on real-time supplies, like food items, ingredients, and beer, wine, and liquor.