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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Forecasting tools enable managers to purchase food, beverage, and supplies at the right level. Every time a truck pulls up to the back dock, it costs money.

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The Top 5 Restaurant Inventory Management Mistakes and How to Avoid Them

Restaurant365

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. Actual Food Cost (COGS). Theoretical Food Cost. Every time a truck pulls up to your back dock, it costs you money.

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The Leftovers

EATER

Can an app promising discount, end-of-day goods make a dent in America’s food waste problem? Now, in a bid to reduce food waste, an app is using the appeal of cheap, unexpected food to motivate consumers to buy items restaurants would otherwise throw away. Lille Allen/Eater. I was more than up for the challenge.

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From Ghost Kitchens to Living Kitchens: A New Vision for Food Service’s Next Great Space

Modern Restaurant Management

If your cooks are mostly fulfilling off-site orders, you can do away with niceties like a slick front of house, visual merchandising, and a location with hungry walk-ins. Without these pricey anchors dragging down your profitability, you just might be able to focus on making food, and not making rent. Bulk-order fresh and local foods.

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How to Maximise Your Restaurant Profit Margin: 5 Key Strategies

Apicbase

The restaurant profit margin takes into account all your revenue streams, from in-house dining and takeaway orders to branded merchandise and meal kits. They also include variable costs such as food costs, hourly staff wages, and equipment maintenance. Food truck : Food truck profit margins usually fall between 6% and 8%.

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5 Reliable Restaurant Apps For Effective Business Management

The Restaurant Times

When it comes to starting a food business, restaurant apps that can keep up with current tech and industry trends are crucial to keeping demand and supply in check. The food industry is a rapidly growing and evolving industry. Moreover, with this software, food waste can be reduced by 50%. .

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The Great Shortage

EATER

Pandemic-related materials, food, and labor shortages make running an independent restaurant near-impossible. At its start, the pandemic brought us images of vast trenches of rotting onions, piles of abandoned produce, and lakes of wasted milk, dumped by farmers who no longer had restaurants to buy their products.