Modern Restaurant Management

JANUARY 8, 2024

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. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

Focus POS

DECEMBER 19, 2019

With robust reporting, you can easily identify ongoing trends during busy or slow periods and use the data to staff more appropriately, better forecast inventory needs, hold your staff accountable, reduce food waste and other costs, and offer more profitable promotions to customers. Loyalty and Marketing Tools. Add employees.

POS 107

POS Hospitality 2020 Loyalty Program 107

Modern Restaurant Management

FEBRUARY 3, 2022

Additional findings inlcude increased inventory costs caused the greatest financial strain for operators in 2021 with 33 percent citing it as their top expense, followed closely by rent (30 percent) and labor (30 percent). Now, more than half of all operators (57 percent) report offering a loyalty or rewards program of some kind.

Loyalty Program 194

Loyalty Program Online Ordering Cash Management Point of Sale 194

The Restaurant Times

JUNE 6, 2023

Restaurant management software revolutionizes food establishments’ operations by providing efficient tools to manage inventory and control costs. With the complexities of running a restaurant, tracking inventory manually can be time-consuming and prone to errors.

Inventory 52

Inventory Management Management Food Supply 52

BNG Point of Sale

NOVEMBER 12, 2021

5 W ays a POS S ystem I ncreases R evenue. With the right tools, business owners can turn stressful systems and manual processes into profit margins, customer retention, and lowered inventory costs. Some key tools will help you achieve optimal efficiency and insights, such as a point-of-sale (POS) system. .

POS 52

POS Point of Sale Cash Management Loyalty Program 52

The Restaurant Times

OCTOBER 21, 2020

Choosing the right bakery POS system is essential for your business to deliver the perfect customer experience. This article discusses the top bakery POS features that owners must look for while choosing a bakery management solution for their business. . Top Features That You Should Look For In A Bakery POS. Detailed Reporting.

POS 98

POS Inventory Loyalty Program Online Ordering 98

BNG Point of Sale

NOVEMBER 19, 2021

A point-of-sale (POS) system is more than just a way to ring up customers. A POS can effectively integrate with other key business processes, make operations more efficient and act as the backbone of your business. A POS can bring all aspects of your business together with its integration features. What is a POS System?

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POS Operations Loyalty Program Point of Sale 52

Modern Restaurant Management

SEPTEMBER 14, 2022

AI is a program developed by humans to respond to a set of instructions under specific environments. AI programs factor in various variables like human response patterns, scenarios, locations, languages, and more to deliver what is expected of them. But before we learn more about it, here is a quick recap of what AI and ML are.

Front of House 211

Front of House Mobile Ordering Loyalty Program Back of House 211

Sling

MAY 9, 2023

For more suggestions on how to build strong relationships at work, check out these articles from the Sling blog: How to Have a Strong Employee/Employer Relationship 12 Leadership Theories And Styles For Managers 2) Improve restaurant security A strong RO program will also include some form of security. Here’s how to achieve that.

Operations 78

Operations Loyalty Program Food Safety Front of House 78

Apicbase

FEBRUARY 29, 2024

It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15

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2024 Operations 2023 Loyalty Program 52

Apicbase

MARCH 28, 2024

The F&B director works with the order forms, the COO analyses the profit and loss statements, the inventory manager checks the stock counts, the executive chef works in the recipes database and so on. All come with their own data sets and metrics – food cost, inventory variance, sales numbers, the list goes on.

Management 52

Management Management Point of Sale Kitchen Safety 52

BNG Point of Sale

OCTOBER 13, 2021

Convenience Store POS System Costs. Costs to be Aware of When Considering a Convenience Store POS System. To be successful, a convenience store business owner must closely monitor operational errors, waste of business hours, and business losses. A convenience store POS system includes hardware and software: POS Hardware.

POS 52

POS Cash Management Point of Sale Equipment 52

Harbor Touch

DECEMBER 20, 2022

By using POS business systems , restaurants can process orders more quickly and accurately than ever. A POS system helps streamline operations by giving managers real-time access to sales data, inventory levels, and order status updates. Transforming customer service. Innovating online ordering. Introducing kitchen automation.

Loyalty Program 78

Loyalty Program Online Ordering Kitchen Safety Customer Experience 78

The Restaurant Times

JANUARY 13, 2022

A survey conducted by Too Good To Go indicates that more than 1/3rd of the bakery output in the UK ends up being wasted. This is where it is recommended to start a waste-free bakery. Research by Too Good To Go states that around 50% of the UK bakeries have a documented plan in place to reduce food waste. Source: Pinterest.

Waste 52

Waste Kitchen Safety Equipment Social Media 52

Squirrel Systems

MARCH 3, 2024

Additionally, simplifying the menu to focus on high-performing dishes can reduce kitchen complexity and waste. This involves meticulous inventory management to prevent overordering and minimize waste. If certain dishes consistently result in leftovers, reducing the portion size can reduce food costs and waste.

Pricing 52

Pricing Loyalty Program Waste Social Media 52

Restaurant365

APRIL 30, 2020

When someone places an order, sends a delivery ticket to the kitchen, or takes inventory, valuable data points are created that can inform bigger insights. By using analytics, fueled by sales data pulled from your POS system, you can identify your most popular items. What are Restaurant Analytics?

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78

The Restaurant Times

JUNE 30, 2021

This has increased the demand for POS software for every fast food restaurant. A well-integrated POS software makes the job easier for the staff and allows them to manage different functions seamlessly. . A well-integrated POS software makes the job easier for the staff and allows them to manage different functions seamlessly. .

POS 52

POS Food Online Ordering Point of Sale 52

Next Restaurants

OCTOBER 9, 2019

Your point-of-sale (POS) system should evolve as your customer base transitions into more of a “cashless society.” The quality of your restaurant’s POS system can make the difference between profit and loss. A modern POS system is an excellent solution to fill any gaps in your business’s customer service. Fast, Secure Payments.

Customer Experience 61

Customer Experience POS Mobile Ordering Point of Sale 61

Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully. This agility is crucial for staying relevant in a market where culinary innovation is critical.

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2024 Technology Menu Mobile Ordering 52

Apicbase

MARCH 28, 2024

These include food production and inventory management. The department is responsible for purchasing and managing inventory, food preparation, cooking and plating, menu planning and pricing, food safety, and hygiene. Inventory turnover – is a metric used to determine how rapidly your inventory sells.

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Back of House FOH BOH Front of House 52

Apicbase

APRIL 5, 2024

Restaurants use software and smart hardware to automate everyday tasks and management duties, such as purchasing ingredients, managing inventory, making production lists, dealing with allergens, and calculating costs. Determine precise batch quantities based on actual demand, enabling more accurate food cost control and less waste.

Back of House 52

Back of House Front of House BOH Point of Sale 52

Open for Business

MAY 19, 2023

And showing that you’re aware of the latest trends can attract new guests, build loyalty, and raise your profile. Inventory management software updates stock levels based on POS data on what guests order. They can even be set to trigger an automatic reorder when inventory drops below par.

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2023 Hospitality Loyalty Program Email Marketing 78

Modern Restaurant Management

DECEMBER 21, 2022

Slow movers tie up inventory -and the cash needed to by that inventory. Expand Customer Loyalty : This year, many restaurants didn’t necessarily see a drop in topline sales, but instead suffered drops in visit frequency. – Richard Patrick, Co-Founder of Cathead Distillery.

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2023 Loyalty Program Mobile Ordering Customer Experience 197

MBB Hospitality

NOVEMBER 15, 2023

Implementing Food Costing Solutions With the right food costing solutions, restaurants can turn a meticulous eye to their inventory and procurement processes. Leveraging technology can streamline these processes, reducing waste and ensuring precise portion control.

Seasonal Menu 52

Seasonal Menu Food Waste Loyalty Program 52

Mad Mobile

FEBRUARY 5, 2024

43% of operators choose POS systems like tablets for functionality Tablet systems alleviate restaurant turnover Conquering the dinner rush with faster ordering Reduced walkouts with 3X faster service More easily satisfy picky preferences with menu mods The menu. In the restaurant business, the tool that does it best are tablet POS systems.

Dietary Restrictions 52

Dietary Restrictions Mobile Ordering Front of House Customer Service 52

Sling

JULY 24, 2023

7) Toast POS Toast is one of the most popular options for point of sale (POS) needs in restaurants, coffee shops , and bars. In addition, Toast offers products ranging from payroll and tips management to inventory management , email marketing and more. 9) Clover Another POS software solution serving restaurants is Clover.

2023 78

2023 Management Management Tip Distribution 78

Apicbase

FEBRUARY 6, 2023

Automated inventory management software allows you to easily track stock levels, organise inventory data, and generate food waste reports forecast procurement. As a result, you can improve inventory accuracy, prevent stock issues like stock-outs or excess stock, and save on operating costs. We wouldn’t either.

Delivery 52

Delivery Management Management Online Ordering 52

Restaurant365

APRIL 16, 2021

As a whole, restaurant profit margins are much lower than other industries, due to perishable item waste, staff turnover, seasonality, and other factors. The key to controlling your restaurant food cost is a tightly controlled inventory. Implement New Customer Loyalty Programs. Adjust Your Menu.

Loyalty Program 88

Loyalty Program Point of Sale Guest Recovery Seasonal Menu 88

Mad Mobile

MARCH 1, 2024

Leveraging data for menu optimization Tablet-based restaurant POS systems like CAKE gather data across your business. Immediate order placement Usually, your customers give their orders to a server that inputs them into a central POS terminal for fulfillment. Several points along this path can bottleneck and cause delays.

Seasonal Menu 40

Seasonal Menu POS Loyalty Program Customer Experience 40

The Restaurant Times

FEBRUARY 28, 2023

Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. Therefore, it is preferable for them to focus on extracting value from the data their POS is already producing. For instance, ask your guests to join a mailing list or rewards program. How Do Restaurants Gather Data?

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

Focus POS

JUNE 17, 2019

What is restaurant point of sale (POS) software? Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations. Generic POS systems may not have all of the features and capabilities that a restaurant needs. Restaurant Point of Sale Software.

Point of Sale 113

Point of Sale Cash Management POS Franchise 113

Focus POS

DECEMBER 4, 2020

This data will also hand you better control over your inventory, reducing ingredient waste, and saving you dollars. You can also implement a loyalty program that rewards your customers for choosing your business, encouraging them to keep coming back. Can it help generate additional revenue?

Online Ordering 146

Online Ordering Ordering Mobile Ordering Point of Sale 146

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. Optimized CoGS starts with accurate and detailed inventory management , which informs all purchasing decisions. Minimizing Food Waste. Strategizing Business Growth.

Waste 78

Waste Cash Management Point of Sale Inventory 78

BNG Point of Sale

DECEMBER 6, 2021

Here are 15 ways that installing a POS system in your restaurant will benefit you and your staff. . Increased revenue: One of the primary benefits for restaurant employees working with a point-of-sale (POS) system is increased revenue.

Point of Sale 52

Point of Sale POS Cash Management Front of House 52

Restaurant365

JUNE 4, 2021

If you haven’t yet started a loyalty program, consider implementing one. Many restaurant management systems or Point of Sale (POS) systems now have the tools and features you need to implement rewards. Reward programs can engage your customers, encouraging them to visit more often and participate in specials.

Loyalty Program 78

Loyalty Program Point of Sale Inventory Customer Service 78

The Restaurant Times

FEBRUARY 22, 2022

It’s no longer about waste and environmental damage. Restaurant sustainability refers to how restaurants reduce their environmental impact by tackling issues such as sustainable farming, carbon footprint, supply chain shortening, food waste, packaging, water conservation, energy use, recycling, and more. Restaurant Tech.

2022 98

2022 Front of House Cash Management Online Ordering 98

Open for Business

OCTOBER 20, 2023

You’ll need to cover continuous costs like: Utility bills for electricity, water, and gas Regularly updating your food and drink inventory Paying your staff’s wages Budget for promotional activities Upkeep of the premises Any legal permits or licenses you’ll need to keep the doors open. Are certain dishes getting rave reviews?

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License Email Marketing Seasonal Menu Front of House 78