SpotOn

DECEMBER 30, 2024

This is all the income from your food and beverage sales, catering, branded merchandise, packaged goods, venue hire, etc. Your Cost of Goods Sold are your food and beverage costs along with the cost of any merchandise you sell. Inventory management software does that for you. Labor costs. Overhead costs.

Operations

Modern Restaurant Management

MARCH 4, 2025

Another case showed how a bad actor was able to access 400 different accounts on a single device in order to consume thousands of dollars worth of promotions in just 30 days. In one case, Incognia identified a single Samsung device that accessed over 200 accounts to fraudulently return more than $5,000 worth of stolen merchandise.

Delivery

Modern Restaurant Management

APRIL 1, 2025

Despite the fact that consumers are paying more to visit and order from restaurants this year – 12.5 28 percent of consumers say they are ordering takeout and delivery more frequently than last year. Additionally, households making less than $50k ordered takeout and delivery far less frequently than their wealthier peers.

Pricing

Modern Restaurant Management

APRIL 29, 2025

Off-Premises Dining Is Essential Nearly 75 percent of all restaurant traffic now happens off-premises—meaning that almost three out of four restaurant orders are taken to go. More than 60 percent say they’re ordering off-premises more often than a year ago. Older adults still prefer in-person ordering.

Reservations

Modern Restaurant Management

NOVEMBER 1, 2024

Turning Tides: Restaurants Continued Navigativating Inflation In response to inflation, operators said they: adjusted food suppliers (37 percent), tracked ingredient prices (36 percent), increased menu prices (34 percent), managed a leaner inventory (32 percent), and reduced their menu sizes (26 percent). percent, while FAH rose by only 3.37

Point of Sale

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. Below are the top seven inventory management mistakes restaurants are making, and how to correct them.

Inventory

Modern Restaurant Management

NOVEMBER 8, 2019

These weighing scales are designed to take the guesswork out of food measurement and ensure controlled costs and better inventory management. By making sure that you dish out properly sized portions, you can save money and manage your inventory better. A receiving scale is used to weigh merchandise when it arrives.

Merchandise

Modern Restaurant Management

JANUARY 2, 2024

In the next year, this role will also include helping them with order management during peak times. In the next year, this role will also include helping them with order management during peak times. Using LPR, restaurant staff can link an order to a customer's car and use it as an identification to deliver their order once ready.

2024

Goliath Consulting

JUNE 8, 2019

Order a case of this liquor and get six bottles of their newest flavor added on.” Your bar gets free product to try out different flavors or drop the price on name brand spirits, the distributor keeps their inventory fluid and product shipping. More importantly, would you know if you were leaving bonus incentives on the table?

Bar

Modern Restaurant Management

OCTOBER 29, 2019

Was the menu confusing or the ordering process complicated? It may be helping customers train their teams on cooling requirements and rotating of fresh inventory, discussing the pros and cons of fresh cut vs. commodity produce, shipping concerns. That is where innovative thinking should start.

Innovation

7 Shifts

JULY 25, 2024

Delivery and takeout 60% of American consumers reported ordering delivery or takeout once a week. To maximize this revenue stream, you must have an efficient online ordering system. For example, you can take orders from your social media profiles, like Facebook and Instagram, using a form or direct message.

2024

7 Shifts

MARCH 27, 2020

Do you have accounts on online ordering sites like GrubHub and Uber Eats? Consider things like merchandise sales, inventory sales, or private cooking lessons. What measures can you take to make customers feel more comfortable ordering from you? Reduce costs now in order to be able to reopen successfully.

Social Media

7 Shifts

JULY 16, 2021

Make sure you're diligent about asking what a wholesale supplier's order minimums are as well as their order turnaround time. Follow the same strategy as you would for your beans—visit local wholesale bakeries, try out items you might sell, and chat with them about order minimums, delivery times, and more. Online Ordering.

License

7 Shifts

JULY 20, 2024

Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statement, and cash flow statement are all critical components of a restaurant's financial management. Its main goals are to minimize waste, control costs, and improve operational efficiency.

2024

EATER

AUGUST 20, 2024

Jing had to invest in an EDI system, or electronic data interchange, to communicate inventory and billing information with Walmart, something many start-ups don’t have. She already sold her chile crisp in retailers like Whole Foods and Costco, but Walmart was an entirely new frontier. at Walmart.

Retail

ChowNow

JUNE 27, 2024

Similarly, inventory management software can track your stock levels and help predict demand, reducing the likelihood of over-ordering and waste. Negotiate with Suppliers and Optimize Inventory Building strong relationships with suppliers and regularly negotiating contracts can lead to better pricing and terms.

Webinar

EATER

NOVEMBER 12, 2021

Given the emphasis on design, it’s unsurprising that some of these things can be found at home goods stores like Superior Merchandise (a sister brand of distillery Yesfolk ) in Troy, New York, and Yowie in Philadelphia. I really am of the belief that retail is not declining, it’s just changing,” says Schildt.

Retail

Restaurant365

MARCH 10, 2022

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. First, let’s break down the two types of inventory costing, Actual and Theoretical. Failing to Streamline the Ordering Process.

Inventory

Deliverect

MARCH 17, 2020

Governments all over the world have been ordering restaurants, bars and other food businesses to close up shop - until further notice. You receive an Uber Eats platform starter kit which includes a tablet with the online ordering software, Uber Eats delivery bags and signage. How to get started with Deliveroo*.

Online Ordering

Modern Restaurant Management

MAY 12, 2020

The idea of purchasing Dining Bonds seemed to strike a chord with the public as a way to provide much needed financial support in order to help restaurants stay in business. The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When

Mobile Ordering

ChowNow

MARCH 19, 2020

Whether you’re working with a third-party marketplace, using branded online ordering built by a provider like ChowNow, or taking orders over the phone, now is the time to adjust your menu to drive more sales. Here are some ideas: Add a curbside pickup option to your online ordering, or specify that it’s an option for phone orders.

Online Ordering

The Restaurant Times

OCTOBER 14, 2021

When you open a new restaurant business or are already in one, you are supposed to keep track of everything happening in your restaurant, whether the number of waiters or the amount of inventory available. It’s critical to remain on top of your inventory and control your costs to ensure your restaurant is profitable and growing.

Inventory

Perfect Daily Grind

JUNE 16, 2022

Furthermore, Cropster Roast can also help roasters keep track of their inventory, to make sure it stays as fresh as possible and that they can keep up with demand. In order to improve coffee quality, the first step is being able to measure your performance.”.

Café

Aaron Allen & Associates

NOVEMBER 12, 2021

The issues of labor shortages, supply chain constraints, cost inflation, optimization for digital and delivery, brand differentiation, enhanced productivity, kitchen complexity, bottlenecks, guest experience, order accuracy, maintaining relevance and competitiveness — nearly all of these issues have roots in the menu.

Menu

Cheetah

AUGUST 17, 2021

As restaurants continue to explore new revenue streams in an ever-changing environment, restaurant merchandise is stealing the limelight as an innovative, fun product that does wonders to your bottom line. It is estimated that over 25 billion dollars will be spent in 2021 on physical promotional merchandise. Reading Time: 4 minutes.

Merchandise

Cheetah

AUGUST 28, 2020

Leading the pack are tech-related revenue streams like online ordering through delivery apps , but futuristic sounding features like AI-outfitted drive-thru’s and robot kitchens are being integrated sooner than we ever expected. Other fast-food restaurants have introduced license plate scanners to remember specific orders.

Online Ordering

BNG Point of Sale

JUNE 19, 2020

All of our point of sale systems provide instant readings of transactions, letting you know the exact pricing, volume, and quantity of orders, so you can guide your business more efficiently, saving you time and money on the backend. Table-side ordering. They make it easy for frequent purchasing that ultimately leads to higher revenue.

Point of Sale

Lavu

MARCH 27, 2020

They can do anything from ensuring order accuracy to accepting payments and even performing payroll and accounting for you. Mismanagement of any of the details of restaurant operations—from shift schedules to inventory tracking to food costs—can cause a restaurant’s downfall. Inventory tracking is also invaluable to success.

Point of Sale

Open for Business

SEPTEMBER 2, 2024

Use inventory management software to track usage and reduce waste. This could involve personalized email offers based on past orders or social media ads tailored to local events and preferences. Tap into the growing demand for convenience by offering online ordering and delivery options.

Point of Sale

Notch

JANUARY 23, 2019

Use purchase orders. Conduct daily inventories. If they can't offer a straight discount (supplier margins are often razor thin as well, with little room to play for many), consider restructuring your order to optimize costs. Here's how to get your digital house in order: 1. Inspect deliveries for accuracy.

Email Marketing

Mad Mobile

MARCH 8, 2024

Tableside ordering systems are set to revolutionize how diners interact with your restaurant. Implementing a tableside ordering system doesn’t have to be complicated, but there are inherent challenges you’ll have to overcome. In 2023, over 80% of restaurants adopted a digital ordering system to enhance the customer experience.

Ordering

BNG Point of Sale

OCTOBER 13, 2021

Customer satisfaction increases with faster and more accurate orders, like when self-service technology such as touch screen kiosks or fixed tablet POS are integrated. Inventory Management Support. Owning a convenience store is a time-consuming business, and it’s easy to lose track of crucial inventory information and stock management.

POS

Open for Business

MAY 16, 2024

Integrate reservation and ordering systems Streamline your customer experience by connecting your reservation management systems and any other third-party ordering platforms you use for takeout/delivery. Consider components like the navigation bar, home page sections, menu, press coverage, and photo galleries.

Website Management

BNG Point of Sale

JUNE 19, 2020

All of our point of sale systems provide instant readings of transactions, letting you know the exact pricing, volume, and quantity of orders, so you can guide your business more efficiently, saving you time and money on the backend. Table-side ordering. They make it easy for frequent purchasing that ultimately leads to higher revenue.

Point of Sale

The Restaurant Times

OCTOBER 5, 2020

Gross Revenue is the sales revenue generated by selling food, beverages, and merchandise plus additional gains, i.e., income from a transaction that doesn’t come from regular business operations. Employ a POS system that comes with comprehensive recipe management and inventory management features. Increasing table turnover rates.

Operations

BNG Point of Sale

OCTOBER 8, 2021

A similar tool not only rings up merchandise, it improves sales, service, and the way your business functions. As a shopper, you’ve likely already seen Mobile POS used in stores, such as the Apple store, and how it facilitates a smooth ordering process. Immediate Access to Inventory. It’s called Mobile POS.

Retail

Apicbase

MARCH 28, 2024

In this guide, we’ll examine the definitions and calculations for different types of restaurant profit margins and discuss the best ways to improve them through better inventory and purchasing management, tech integrations, and analytics. It’s worth, therefore, investing in improving operations to boost your margin.

Food Truck