Modern Restaurant Management

FEBRUARY 7, 2024

This is where innovative technology steps in, offering a silver lining. They drive the demand for clean labels, responsibly sourced ingredients and sustainability. According to a National Restaurant Association Show presentation, Gen Z consumers care more about authenticity, convenience and aesthetics than price value.

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Social Media Customer Experience Influencer Dine-in 188

Modern Restaurant Management

APRIL 30, 2024

The Creative Process Behind LTO’s Before diving into the benefits of LTOs, it is important to think strategically about how its activation can drive foot traffic and how feasible it will be to source new ingredients. The pandemic emphatically demonstrated that disruptions of food suppliers will impact the prices and availability of products.

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Food Supply Seasonal Menu Supplies Design 189

SpotOn

MAY 13, 2024

  From crafting a summer menu that celebrates seasonal ingredients to offering cool beverages can enhance customer loyalty, adapting to the busy season with innovative menu ideas and online ordering can set your restaurant apart. Update your summer menu Add new dishes that make the most of fresh, locally sourced fruits and veggies.

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Seasonal Menu Outdoor Email Marketing Loyalty Program 98

Modern Restaurant Management

MAY 8, 2023

That doesn’t mean they are trading in their filet mignon for a fast-food burger, but rather they are looking for a more culinary-driven menu at a lower price point. Sustainability and Quality Ingredients Matter The fast casual restaurant market is now being driven by innovative, healthier brands.

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Fast Casual Casual Operations Consumer Goods 143

Perfect Daily Grind

SEPTEMBER 2, 2022

The government estimates that revenue from coffee exports could increase further in 2022/23 as coffee prices remain high. According to the report, the volumes of sustainably-sourced green coffee increased by 29% on 2021. MICE 2022 announces finalists for the 2022 Product Innovation Awards. Wed, 31 Aug.

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Modern Restaurant Management

OCTOBER 16, 2023

Source: *Causeway Solutions 2023 Dining Out and Household Spending Now that we know a little bit about overall dining habits, we looked at how people’s feelings and attitudes about other things influence their dining preferences. Nearly a third of restaurants (29 percent) are considering raising prices.

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ChefMod

OCTOBER 20, 2021

They harnessed the power of technology to innovate new solutions to avoid shutting down. The catering sector is no different and can benefit from innovative technology. Food costing solutions eliminates the dull, tedious manual work associated with food costing and pricing processes.

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Catering 2022 Pricing Food Supply 52

Cheetah

JANUARY 31, 2022

Cheetah is here to help stop that trend and reinvigorate small restaurants with transparent sourcing and pricing, strategic partnerships to help grow every aspect of their businesses, and an ever evolving tech platform. During the pandemic small and independent restaurants have been hit the hardest. A Word From Our CEO.

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Food Supply Sustainability Supplies Small Business 148

Modern Restaurant Management

AUGUST 23, 2022

These tools allow franchise restaurants to maintain focus on the guest experience and to build upon brand recognition through developing innovative technology and strategically utilizing loyalty programs to keep consumer interest high, even as prices rise. Of course, raising product prices rarely results in a positive outcome.

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Modern Restaurant Management

JANUARY 20, 2023

As consumers watch food prices continue to rise, the demand for cost-effective meal solutions are prompting c-stores, full-service, and quick-service restaurants to increase their offerings. While raw and specialty ingredients have been the go-to for many businesses, shortages and sourcing issues are becoming the new normal.

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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.

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2024 Loyalty Program Cash Management Customer Experience 210

Perfect Daily Grind

JUNE 10, 2022

Peet’s Coffee achieves 100% responsibly sourced coffee certification. Robusta prices drop as Brazil continues 2022/23 harvest. Between 29 April and 31 May, robusta prices dropped by 10.57% to BRL 708.25 Arabica prices hit three-month high following on from Brazil’s drought concerns. Mon, 6 Jun. Tue, 7 Jun.

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Modern Restaurant Management

JANUARY 30, 2024

Typical restaurant KPIs involve monitoring costs around food, labor and supplies, pricing adjustments, table turnover rates during peak periods, customer wait times, promotion effectiveness, brand sentiment on review sites, and training completion rates.

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Leadership Small Business Cash Management Customer Experience 194

Modern Restaurant Management

NOVEMBER 11, 2021

In an industry that deals with perishables and other goods that have short shelf lives, even small changes in price for inventory that has low turnover rates, high risk of waste, and high-volume items can have a major impact on your business performance and profitability.

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Supplies Management Management Food Supply 206

Perfect Daily Grind

APRIL 4, 2023

This helps to elevate the quality perception of your coffee, and shows that you’re going the extra mile [when sourcing].” He explains that most specialty coffee brands want to demonstrate that they source and purchase their products fairly and sustainably. Pedro is the General Manager at Pergamino Coffee in Colombia.

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Consumer Goods Sustainability Email Marketing Café 144

Perfect Daily Grind

MAY 5, 2023

The report highlights the company’s key environmental and social sustainability activities from last year, including increasing global purchases of certified and verified responsibly-sourced coffee by 9% – amounting to an increase of over 19.5 ICO Composite price reaches highest level since September 2022. million lbs.

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Modern Restaurant Management

MAY 17, 2023

As one of the largest generations of consumers, they continually influence the ways restaurants innovate, and there are identifiable characteristics that differentiate Gen Z consumers from their older counterparts. Dynamic pricing on these platforms might be necessary to combat some of the lost revenue due to fees.

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Loyalty Program Mobile Ordering Social Media Customer Experience 183

Perfect Daily Grind

MAY 10, 2023

For this price, the coffee also comes with a collectible booklet featuring original Samra Origins artwork. The company says these blends were developed during cupping sessions with Benjamin Brewer, Head of Innovation & Quality, as well as The Weeknd and his mother – who is Ethiopian.

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Point of Sale 2006 2023 Advertising 138

Sante

APRIL 2, 2020

Foot traffic will likely be down, and you may have to re-think your sources of revenue. On that aim, we partnered with The Capital Innovation & Technology Institute to develop The Small Business Pandemic Survival Kit. Karl Dakin established The Capital Innovation & Technology Institute LLC. Sign up here.

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Small Business Email Marketing Innovation Technology 130

Modern Restaurant Management

JULY 18, 2022

The landscape has changed since the pandemic, and as restaurateurs, we need to push the bounds of innovation to develop short and long-term solutions to the things keeping us up at night – staffing and supply chain challenges. Here are two ways franchise brands are helping address today’s labor and distribution challenges.

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Fast Casual Supplies Casual Franchise 186

Lavu

NOVEMBER 17, 2023

By staying on top of profit margins, you can make informed decisions about pricing, portion sizes, and operational costs, thereby improving your profit margins. Therefore, exploring effective ways to increase sales and carefully managing expenses, pricing, and menu offerings become vital strategies in maintaining a healthy profit margin.

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Fast Casual Fine Dining Food Truck Loyalty Program 123

Modern Restaurant Management

DECEMBER 16, 2021

Tight menus, for set prices, at times offering previously unapproachable product at approachable prices. Additionally, these software platforms have been critical in helping companies strategically source raw materials effectively. This will cause restaurants to innovate their offerings amidst reduced menu sizes.

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2022 Food Supply Back of House Kitchen Safety 173

7 Shifts

JULY 16, 2021

Sourcing Equipment. You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price. This research will dictate your hours of operation and pricing plans! Expected menu prices. Source: Smart Draw. Sourcing Equipment: Should You Buy, Lease, or Rent? Obtain Funding.

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License Hiring Equipment Point of Sale 459

Squirrel Systems

FEBRUARY 16, 2024

As we settle into 2024, the restaurant industry stands on the cusp of transformative changes, shaped by evolving consumer preferences, sustainability concerns, and a relentless pace of technological innovation. This agility is crucial for staying relevant in a market where culinary innovation is critical.

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Perfect Daily Grind

JUNE 4, 2023

When we think of innovation in specialty coffee, many of the countries that first come to mind are often Scandinavian – and rightly so. Places like Australia, New Zealand, Japan, South Korea, Taiwan, and the US have all become pioneering forces in specialty coffee – and continue to drive innovation in the sector.

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Influencer Point of Sale Back of House Innovation 128

Perfect Daily Grind

APRIL 17, 2023

This includes sourcing and trading green coffee. These includes market prices for coffee. This ranges from how to choose and source your green coffee to how to roast, brew, and serve it.” Moreover, it was often a complicated process – with plenty of logistics and bureaucracy to navigate.

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Technology Transportation Online Ordering Small Business 114

Modern Restaurant Management

DECEMBER 21, 2023

In 2024, we’re watching for continued and renewed innovation in the creator market that will extend into the on-premise – giving sellers richer options with greater variety that will bring uniqueness and premiumization to on-premise draft programs.

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Modern Restaurant Management

DECEMBER 21, 2022

The technology space is still the “wild west” in the spirits realm, and it is likely that technology will continue to innovate, and inevitably consolidate, the playing field. Reduce portion sizes slightly to maintain menu prices but account for increased costs. Don’t be afraid to increase price.

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2023 Loyalty Program Mobile Ordering Customer Experience 193

Perfect Daily Grind

MAY 12, 2023

Last year, the UK B Corp says it paid US $3 million above C market price for all coffees sourced, and reduced its carbon emissions throughout the year by 23 tonnes. Funding will be used to expand its footprint across the Asia Pacific region and to accelerate product innovation. Tim Hortons to launch in South Korea in 2023.

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ChefMod

MARCH 10, 2024

Moreover, dealing with multiple vendors for various supplies and ingredients can lead to fragmented relationships, making it difficult to negotiate favorable terms and pricing. At ChefMod, we understand these pain points intimately, which is why we’ve developed innovative solutions to address them head-on.

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Mobile Ordering Pricing Customer Service Sourcing 40

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. Innovative Loyalty Schemes. End-to-End Supply Chain Visibility.

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Serving Loyalty Program Food Supply Point of Sale 172

Modern Restaurant Management

AUGUST 6, 2020

After speaking with some of our partners in the industry on how they toe the line between investing in innovation and cutting costs during this time, we found five things restaurant owners can do to boost profits and stay open beyond the COVID shutdown. Re-engineer Menus.

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Perfect Daily Grind

SEPTEMBER 23, 2022

SIGEP The Dolce World Expo to showcase Italian coffee, pastry, and gelato innovation in Rimini. The retail data firm says ready-to-drink (RTD) coffee sales have increased by 11% year-on-year, matched by an average price increase of 7%. International Coffee Tea Asia 2023 scheduled for 25 to 27 May in Singapore. Wed, 21 Sep.

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Workshop 2022 Food Truck Events 130

7 Shifts

JANUARY 23, 2020

Spend time researching low rent prices with good location. Fleshing out your concept will guide everything else you decide with your restaurant, including location, prices, menu, atmosphere, staff, business hours, and so on. Vegan, locally-sourced, farm-to-table, organic, etc.) Jimmy Koklas, Mistwood Golf. Jake, Mojo Burrito.

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2020 Hiring Cash Management Education 335

Culinary Digital

OCTOBER 23, 2023

Moreover, data analytics and digital point-of-sale systems have empowered foodservice providers to make informed decisions about menu offerings and pricing. It’s important to mention that this valuable information can also be sourced from official government websites.

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Mobile Ordering Food Safety Online Ordering Point of Sale 64

Modern Restaurant Management

APRIL 22, 2020

Read on to learn why he says: "The Coronavirus crisis is pushing all of us to think innovatively." So, we slashed four-to-seven percent off wholesale prices, which is a significant price cut. In times like these, we are challenged to quickly develop innovative new programs to meet changing demand and market forces.

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Perfect Daily Grind

JANUARY 23, 2023

While competitors can certainly learn a lot from these prominent coffee professionals, they can also charge very high prices as World Barista Championship coaches – making them too financially exclusive for some. By the time it takes for your visa to be approved, prices for flights and accommodation can often double,” Winston tells me.

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