7 Shifts

AUGUST 6, 2021

Staff scheduling, inventory management, menu analysis , guest satisfaction, profitability, and so much more rest on the shoulders of accurate restaurant forecasting. On a micro level, forecasting helps a restaurant plan for inventory orders and how many employees need to work each shift to make and sell food.

Seasonal Menu 370

Seasonal Menu Point of Sale Inventory Food Supply 370

7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. You can easily retrieve this data from your POS system. Solutions can include preparing for possible changes in pricing, staffing, customer trends, and new technology.

Point of Sale 222

Point of Sale Seasonal Menu Food Supply Cash Management 222

Apicbase

OCTOBER 28, 2022

If CoGs and overheads rise due to inflation, your menu prices should follow. But before adding a flat 5% to each menu item, use these tactics. That way, you can keep price increases minimal. In normal circumstances, when menu prices have to be adjusted, it is usually done strategically and with great caution.

Pricing 98

Pricing Point of Sale Inventory Seasonal Menu 98

The Restaurant Times

FEBRUARY 7, 2023

Menu pricing is one of the most underestimated aspects of restaurant management. If your customers don’t think the prices on your menu are reasonable, how great your concept or your food is won’t matter much. This is where the concept of dynamic pricing comes in to help restaurants!

Pricing 52

Pricing Menu Seasonal Menu Point of Sale 52

7 Shifts

DECEMBER 18, 2019

It’s December, and the air is seasoned with the scent of cinnamon, spice, and everything nice. Have a look at your restaurant POS analytics to determine what your best sellers are and see if you can create a quick and easy to-go version. If you’re stuck on how to price, $9.95 is a common one.)

Specials 362

Specials Food Truck Seasonal Menu Social Media 362

SpotOn

MARCH 18, 2024

On the other side of the dining spectrum, there are restaurants with menus that offer an entire meal at a set price, also known as the prix fixe menu. The prix fixe menu is ideal for guests seeking to indulge in a larger meal for a higher price. The prix fixe menu doesn't only need to serve French food.

Menu 98

Menu Dietary Restrictions Fine Dining Seasonal Menu 98

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

7 Shifts

OCTOBER 8, 2021

Food and Inventory Costs. By combining inventory management tools with restaurant employee scheduling software , you can get a better grip on the costs you can control. Here are a few ways to keep both parts of your prime costs under control with tools from 7shifts and XtraChef: Food and Inventory Costs. Table of Contents.

Seasonal Menu 195

Seasonal Menu Consumer Goods Food Supply Inventory 195

7 Shifts

AUGUST 20, 2021

POS systems. Look at Your Menu. If you plan to accommodate for the wage increases by making adjustments to your menu, there are subtle ways to introduce new prices that won't rub diners the wrong way. Consider how you're writing prices in your menu. Menu Engineering. Standardize menu items.

Inventory 195

Inventory Food Supply Seasonal Menu Food Order 195

Restaurant365

FEBRUARY 22, 2022

Similarly, analyzing your operations data and making critical business decisions regarding labor and inventory can improve operational efficiency. The importance of POS integration in restaurant data collection. POS integration is a connection between your restaurant accounting and operations platform POS software.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

Modern Restaurant Management

OCTOBER 2, 2023

Keep an Eye on the Inventory There’s no substitute for taking regular inventory – not just knowing what’s been ordered, but what’s in stock, what condition it’s in, and how long it’s been in the restaurant. Got a few extra gallons of milk about to hit the expiration date? Technology? Not so much.

Waste 176

Waste Technology Food Inventory 176

The Restaurant Times

NOVEMBER 8, 2021

You need to carefully price your restaurant menu to make it to the top and earn as much as possible. While it’s understandable that you want to make a profit, being overly aggressive with your menu pricing can drive the customer away. It is about the right balance when applying your pricing strategies. .

Pricing 59

Pricing Menu Consumer Goods Seasonal Menu 59

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

7 Shifts

MAY 31, 2021

For example, kitchen managers rely on software to let them know how much expected inventory they have in stock. Inventory was ordered based on par levels, which are set based on sales forecasts, which are in turn determined by how many guests you'll serve and what they'll order. All tasks in a restaurant are interconnected.

Operations 363

Operations Inventory Hiring Customer Service 363

Clover - Restaurants

MAY 7, 2024

Executive Chef Job Description As Executive Chef, your breadth of professional experience is matched by your passion for culinary excellence, strong leadership skills, and creative flair for menu development. Provide valuable input on pricing, menu adjustments, and marketing initiatives to enhance the overall dining experience.

Back of House 52

Back of House BOH Kitchen Safety Front of House 52

7 Shifts

SEPTEMBER 19, 2019

Inventory management: Monitor and maintain food and beverage stock levels. You'll need to be tech-savvy with using POS hardware, scheduling tools , and other operational software. Innovating: Identify issues in your restaurant—whether inventory or systems-related— and be willing to create solutions and processes to improve efficiency.

Management 284

Management Management 2019 Employee Relations 284

Apicbase

FEBRUARY 8, 2024

This strategic orchestration extends to menu planning, pricing, inventory management, health and safety protocols, and the testing and implementation of new technology. Menu Engineering Menu engineering is the practice of strategically crafting and optimising your menu to maximise profitability and customer satisfaction.

Definition 52

Definition Operations Management Management 52

The Restaurant Times

JULY 30, 2020

A restaurant inventory comprises all the items or raw materials required to prepare dishes. As the volume of business increases, inventory management becomes a crucial part of restaurant operations. This article explains how restaurants in the UAE can optimize their inventory using proven restaurant inventory management techniques.

Inventory 52

Inventory Management Management Food Supply 52

Apicbase

FEBRUARY 8, 2024

This strategic orchestration extends to menu planning, pricing, inventory management, health and safety protocols, and the testing and implementation of new technology. Menu Engineering Menu engineering is the practice of strategically crafting and optimising your menu to maximise profitability and customer satisfaction.

Definition 52

Definition Operations Management Management 52

Restaurant Engine

AUGUST 2, 2020

Restaurant owners implement Enterprise Resource Planning (ERP) solutions for inventory management and real-time low stock notifications. Also, when inventory levels fall below par, an ERP system will prompt a manager to re-stock, or even automatically place an order to a supplier. Stockpile : Stock value of product.

Inventory 80

Inventory Management Management Point of Sale 80

MBB Hospitality

NOVEMBER 15, 2023

It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. Using cost percentage formulas, you can determine the ideal cost for each item on your menu. Building strong relationships with suppliers can lead to more favorable pricing and terms.

Seasonal Menu 52

Seasonal Menu Food Waste Loyalty Program 52

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. We’ll explore software for inventory management, restaurant payment and billing, food delivery, dashboards, restaurant onboarding, reservation management, and ERP systems.

Management 120

Management Management Mobile Ordering Point of Sale 120

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

Open for Business

OCTOBER 20, 2023

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. Market research Before you even think about the menu or location, you need to understand the guests who will walk through your doors. Creating the menu Your menu is the restaurant’s calling card.

License 78

License Email Marketing Seasonal Menu Front of House 78

Modern Restaurant Management

FEBRUARY 4, 2022

Restaurants will also explore delivery options beyond costly third-party partnerships, and hike delivery menu prices to make the channel more lucrative as off-premise demand holds steady. Simplified Menus. Menu variety plays a substantial role in every dining experience. Health-Conscious Food Will Dominate Menus.

2022 216

2022 Customer Service Online Ordering Website Management 216

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 212

2024 Loyalty Program Cash Management Customer Experience 212

Restaurant365

FEBRUARY 25, 2022

Pho is essentially a richly seasoned beef broth that is ladled over rice noodles and thinly sliced beef, chicken, or seafood and accompanied by fresh herbs, fish sauce, bean sprouts, chilies, and limes for additional flavor. Pay attention to menu costing and pricing. Gross Profit Per Item = Price – Menu Item Cost.

2022 148

2022 Menu Seasonal Menu Pricing 148

Mad Mobile

MARCH 1, 2024

High-quality menu imagery per dish In the age of digital dining, restaurant tablets offer a tantalizing upgrade to traditional menus with their ability to showcase high-quality imagery for each dish. Dynamic pricing strategies Most restaurants and bars use digital menus because of their flexibility.

Seasonal Menu 40

Seasonal Menu POS Loyalty Program Customer Experience 40

Margin Edge

FEBRUARY 3, 2022

We know that as resourceful, resilient, battle-seasoned bad asses, many of you restaurateurs may find that there are a few things on this list you’re already doing. Take consistent inventories. Keep your menu seasonal. Analyze your menu. Take Consistent Inventories (We Know, We’re Sorry). Track waste.

2022 98

2022 Food Seasonal Menu Waste 98

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

Sling

OCTOBER 1, 2021

At its most basic, food cost percentage is the total cost of the ingredients your restaurant uses to create each menu item compared to the total food sales over a specific period of time (e.g., Step One : Take inventory of all the food supplies you received at the start of the week. This will be your Beginning Inventory.

Definition 78

Definition Food Seasonal Menu Inventory 78

The Rail

MARCH 27, 2024

A thorough competitor analysis for restaurant businesses may include access to the following data: Operations Menu items and pricing Marketing methods Customer reviews In each area, data can help you to see what’s working for these other businesses that you can learn from. Menu optimization isn’t a once-off task.

Email Marketing 52

Email Marketing Point of Sale 2024 Seasonal Menu 52

Restaurant365

APRIL 30, 2021

When it comes to writing a restaurant menu, you can’t determine your menu prices by “gut feeling.” An accurate recipe cost informs nearly every element of your food costs, and it can also help you optimize your profit margin on all menu items. You need numbers and data to fuel your decisions.

Inventory 78

Inventory Seasonal Menu Waste Point of Sale 78

The Restaurant Times

DECEMBER 5, 2020

One area of restaurant operations you must regularly check and monitor is your menu. An upgraded menu can bring in opportunities to generate more revenue and cut down costs. Thinking about whether your restaurant menu needs an upgrade? How to Know If Your Restaurant Food Menu Needs an Upgrade. We have got you covered.

Menu 96

Menu Seasonal Menu POS Food Order 96

Restaurant365

MARCH 3, 2022

Add fresh, seasonal tastes to your menu. If you are tempted to try a seasonal menu but still not convinced, try an abbreviated “spring” menu to test the waters. Put your menu on display. Often, tourists don’t know what to expect when it comes to local fare and prices.

Travel 146

Travel Fast Casual Social Media Fine Dining 146

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. Analytics can help you make decisions about one of the most important factors in your profit margin: what you’re offering on your menu. What are Restaurant Analytics?

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78

Restaurant365

DECEMBER 11, 2020

For instance, you may need to proactively adjust your labor to meet a seasonal drop in sales, or plan for the best time to spend cash on any needed maintenance or upgrades. Your suppliers may have experienced fluctuations in prices for ingredients in 2020. Cost out your menu items and recipes. With additional tools like a food.

2021 136

2021 Cash Management Management Management 136