Modern Restaurant Management

JUNE 18, 2021

The COVID-19 pandemic led to fluctuations in domestic producer prices, particularly in the food sector , according to the U.S. Combine the rising prices of food with the drive to be more sustainable, and we have reached the point where we need to reduce, reuse, and shop local. Rather than waste food, we can redistribute it.

Sustainability 508

Sustainability Tip Distribution Food Food Supply 508

ChowNow

MARCH 7, 2025

The more you understand your customers, the better you can fine-tune your marketing and pricing strategies. You can also use sales trends to adjust menu pricing and share customer-favorite menu items, helping you get the most out of high-demand dishes. Lets break down the key benefits of leveraging your restaurants customer data.

Loyalty Program 195

Loyalty Program Email Marketing Online Ordering Point of Sale 195

Modern Restaurant Management

MAY 11, 2022

“Franchisees had to pull pricing from their latest invoices and add up all the dollar figures. More than 10 years ago, IPC began adopting GS1 Standards in collaboration with GS1 US, the not-for-profit information standards organization. IPC required vendors to leverage GDSN for sharing master product information.

Inventory 547

Inventory Management Management Food Supply 547

Modern Restaurant Management

NOVEMBER 11, 2021

In order to reduce cost, waste, and optimize inventory, the process begins with planning and forecasting. Best-in-class organizations employ collaborative cloud solutions where suppliers can continually update and provide information and brands can proactively manage issues when they arise.

Supplies 546

Supplies Management Management Food Supply 546

Modern Restaurant Management

MARCH 21, 2023

Many brands have been experimenting with new technology to help reduce the demand for labor and combat recent price inflation. Smart menus and app-based ordering are examples of platforms that allow brands to relay information to customers in real-time, saving time and resources in communicating or justifying a price change.

Technology 474

Technology Consumer Goods Supplies Waste 474

Modern Restaurant Management

FEBRUARY 27, 2023

Careful forecasting can help improve order accuracy and reduce waste. Cross utilizing menu items helps reduce waste and save money. Hold Vendors Accountable to Contract Pricing As restaurant owners receive vendor invoices, they should use a system that can track purchased item costs to discover any contract violations.

Cash Management 474

Cash Management Point of Sale Inventory Email Marketing 474

ChowNow

FEBRUARY 13, 2025

Do you lose money due to food waste? A higher-priced system that saves time and reduces errors might be more valuable than a cheaper, less effective alternative. Real-Time Data & Analytics : Track sales trends, top-selling menu items, and peak business hours to make informed decisions. Identify your biggest pain points.

2025 195

2025 Technology Loyalty Program Mobile Ordering 195

ChowNow

MAY 23, 2025

If youre using a modern POS system or inventory management software, you likely already have most of this information easily at your disposal. These are candidates for portion adjustments or pricing tweaks. Small pricing tweaks work the same way. What Is Menu Engineering and Why Should You Care? Hidden gems with potential.

Menu 195

Menu Seasonal Menu Point of Sale Online Ordering 195

ChowNow

MAY 16, 2025

Understanding what customers order, when they order, and how often is an untapped goldmine of information for restaurant operators. Using that data can help you answer questions like: Are we pricing our bestsellers too low or overpricing items customers arent buying? What do repeat orders say about our customer preferences?

Ordering 195

Ordering Online Ordering Seasonal Menu Point of Sale 195

Modern Restaurant Management

SEPTEMBER 1, 2023

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. Mistake #1: Inconsistent Counts To ensure inventory information is useful and accurate, schedule routine counts.

Inventory 450

Inventory Management Management Cash Management 450

Modern Restaurant Management

JUNE 5, 2023

ChatGPT, a chatbot based on GPT-3 and GPT-4 technology, can also be trained on a central database with information about local menu availability, opening hours, events, location information and more, resulting in a human-like conversation with a customer.

Dine-in 474

Dine-in Customer Service Customer Experience Hiring 474

ChowNow

MARCH 27, 2025

Without KPIs, spotting inefficiencies in your workflow is nearly impossibleleaving you without the data needed to make informed decisions and grow your online sales. How pricing and menu strategy affect revenue Several factors influence revenue per order, including: Pricing strategy. Portion size.

Delivery 195

Delivery Online Ordering Loyalty Program Food 195

ChowNow

MARCH 20, 2025

No more scrambling to update information across multiple platforms, worrying about inconsistenciesjust one streamlined solution that keeps everything in sync. If one update slips through the cracks, you could end up with mismatched pricing or customers ordering items that are no longer available.

Menu 195

Menu Management Management Online Ordering 195

Modern Restaurant Management

JUNE 1, 2022

How value engineering can be a restaurant construction solution in the face of rising prices and unpredictable supply chains. As the prices of construction materials skyrocket due to rising inflation and supply chain woes, budgeting for commercial development has become significantly more challenging. Acceptable Alternatives.

Design 520

Design Supplies Equipment Education 520

ChowNow

MARCH 13, 2025

These small errors add up, leading to unhappy customers, negative reviews, and wasted food costs. Are delivery prices aligned with in-house costs? Without clear, consolidated data, making informed decisions about delivery becomes nearly impossible. Make informed decisions with better data. Which apps are performing best?

Delivery 195

Delivery Food Food Order Customer Service 195

Modern Restaurant Management

JANUARY 20, 2022

Some of the biggest disruptors will result from the increase in information technology, autonomous vehicles, automation and robotics in the kitchen, and AI chefs. According to estimates, the restaurant industry is by itself responsible for approximately hundred million dollars a year of food waste. Voice Ordering.

Food Order 520

Food Order Waste Online Ordering Email Marketing 520

ChowNow

MARCH 14, 2025

Without a strong system in place, even the best restaurants in the world will struggle with unhappy customers, high turnover rates, wasted inventory, and razor-thin profit margins. This means budgeting, tracking expenses like food and labor, and adjusting pricing to balance profitability with customer appeal.

Operations 195

Operations Management Management Front of House 195

ChowNow

MARCH 21, 2025

Understanding your target market is the foundation of making smart decisions for your menu, pricing, and overall guest experience. Without a well-defined target market, restaurants risk wasting resources on strategies that dont connect and menu offerings that dont selltrying to appeal to everyone, but standing out to no one.

Marketing 195

Marketing Social Media Email Marketing Loyalty Program 195

Modern Restaurant Management

SEPTEMBER 19, 2023

However, the impact that AI is already having on the food industry is without parallel, helping to lower food prices, increase the availability of certain products or ingredients, and prevent supply chain shortages. It's already helping to prevent supply chain shortages and eliminate food waste.

Food Supply 322

Food Supply Food Waste Supplies 322

Modern Restaurant Management

MAY 10, 2023

Instead of wasting valuable working time labeling all these things, automation can do it for you. Streamlined menu updates : Automation allows for easy and quick changes to digital menus, such as adding new items, updating prices, and modifying dietary information. Those require labeling as well.

Online Ordering 449

Online Ordering Social Media Food Order Customer Experience 449

Modern Restaurant Management

JANUARY 8, 2024

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour.

2024 539

2024 Loyalty Program Cash Management Customer Experience 539

Modern Restaurant Management

JULY 15, 2021

To help increase these profit margins, restaurant owners sometimes focus more on changes they can make to front-of-house, such as increasing their prices or boosting liquor sales. Too-large portions contribute to food waste and cut into your profit margins.

Front of House 450

Front of House Back of House Seasonal Menu Food Order 450

7 Shifts

OCTOBER 28, 2024

How to calculate your restaurant customer acquisition cost (CAC) As a business owner, understanding CAC is important if you want to make informed decisions about your marketing investments. This difference is usually due to higher menu prices, which can justify a more expensive acquisition cost because customers tend to spend more.

Loyalty Program 195

Loyalty Program Fast Casual Social Media Email Marketing 195

Modern Restaurant Management

JULY 27, 2022

Most notably, consumer spending at restaurants appears to be holding-up relatively well this summer despite aggressive menu-price increases in the first-half of the year." Consumer spending at restaurants appears to be holding-up relatively well this summer despite aggressive menu-price increases in the first-half of the year.

2022 450

2022 Customer Service Fast Casual Food Safety 450

Modern Restaurant Management

MAY 26, 2022

Since we can’t get away from rising prices and supply chain bottlenecks, we can look for new approaches that can help manage the impact. Many restaurants are doing this by raising prices, cutting costs, taking items off the menu, and making do with lean crews. When is the season for the produce I want to work with?

Management 457

Management Management Webinar Seasonal Menu 457

Modern Restaurant Management

MAY 5, 2022

While high stock prices of crypto companies like Bitcoin grab headlines, they are gaining traction with consumers since blockchain technology helps make transactions easier without needing an intermediary such as a bank or credit card company. Blockchain modules in restaurants share with customers the origin and journey of ingredients.

Serving 472

Serving Loyalty Program Food Supply Point of Sale 472

Modern Restaurant Management

APRIL 10, 2023

For hospitality and catering businesses, tech can also provide key insights and easy access to non-anonymised basket-level data that helps them make better, more informed decisions. Through tracking orders and managing produce, venues can also plan resources and product supply more effectively, reducing waste and saving costs.

Technology 486

Technology Customer Service Online Ordering Hospitality 486

Modern Restaurant Management

APRIL 8, 2020

From social media, to your website to email and your Yelp page, there are endless opportunities to reach your audience with relevant and timely information. Be sure to, first and foremost, update your business hours and contact information so that your consumers know the latest information from your business.

Small Business 508

Small Business Social Media Consumer Goods Communication 508

Modern Restaurant Management

MARCH 20, 2023

By identifying which dishes are your most profitable, you can start to make informed decisions. Review the cost of goods sold Are your prices appropriate for your goods, and will they need to be adjusted in the future? You can also use automation to complete repetitive tasks, such as verifying and validating financial information.

Cash Management 488

Cash Management Point of Sale Consumer Goods Sourcing 488

Lavu

MARCH 17, 2025

With rising ingredient prices and tight profit margins, understanding the food cost formula can make the difference between financial success and failure. By accurately calculating food costs, restaurant owners can set the right menu prices, reduce waste, and maximize their profits. Whole Wheat Bun $0.30 Avocado(1/4) $1.20

Food 78

Food Waste Seasonal Menu Inventory 78

7 Shifts

NOVEMBER 17, 2021

You'll also be less likely to order too much of any ingredient, which leads to food waste. Typically, taking inventory involves five rows of information. Because the price of some items changes from week to week, make sure you use the latest price paid as the standard. Type of Item : For example, tomatoes.

Inventory 370

Inventory Management Management Point of Sale 370

ChowNow

FEBRUARY 21, 2025

Restaurant-owned branded apps allow restaurants to accept orders directly, negating the need for a third-party, giving operators more control over pricing, customer data, and rewards programs. Running out of key ingredients can lead to frustrated customers while over-ordering can result in wasted food and lost profits.

2025 195

2025 Loyalty Program Mobile Ordering Online Ordering 195

Modern Restaurant Management

DECEMBER 2, 2019

This is a trend that has been confirmed by a 2018 report from The Hartman Group, which shows that young people are more interested than previous generations in quality cues, transparency and sustainability credentials, and information on ingredients and nutrient density. Minimize Waste. billion metric tons annually) is wasted.

Management 297

Management Management Waste Sustainability 297

ChowNow

FEBRUARY 12, 2025

By the time you finish this article, youll know how to approach restaurant marketing the right way and not waste time doing guesswork, crossing your fingers, and then hoping you see new customers walking through the door. What price points are they comfortable with? Look at their pricing, menu offerings, branding, and customer reviews.

2025 195

2025 Marketing Email Marketing Operations 195

ChowNow

APRIL 15, 2025

Financial restaurant KPIs give you visibility into your costs, pricing, and ultimately, your profitability. Monitoring your COGS helps you spot food waste, theft, over-ordering, or supplier price hikes before they eat into your gross profit margin. Most restaurants aim for a Net Profit Margin around the 3%-9% range.

Operations 195

Operations Email Marketing Point of Sale Online Ordering 195

Modern Restaurant Management

SEPTEMBER 23, 2020

Focused on the retail, services and restaurant industries, the SpotOn ecosystem offers powerful technology to small- and medium-sized businesses (SMBs) at a price they can afford. This system uses geo-location services along with vehicle information customers provide at sign-up. SpotOn Executive Team. Serving Up a Side of Democracy.

Serving 517

Serving White Paper Food Recycling 517

7 Shifts

AUGUST 7, 2024

It is affected by seasonality, market prices, and even pop culture. Our friends at XtraChef have an in-depth look at calculating plate cost for more information. Determine your ideal menu price Multiply your plate cost by the food cost percentage to reach a target menu price. But beef, fish, and poultry prices increased.

Food 370

Food Seasonal Menu Inventory Pricing 370