Mad Mobile

FEBRUARY 26, 2024

Are you keeping a close eye on your beer, wine, & liquor inventory costs? It also has one of the most complex stock lists. Because liquor, wine, and beer have such wildly varying prices, it pays to keep tight controls on ordering and inventory. Operators who calculate their cost of sales add 2–10% to their bottom line.

Inventory 40

Inventory Bar Management Management 40

7 Shifts

SEPTEMBER 16, 2021

You won't be able to refer to your previous restaurant opening playbook and follow it to the letter. There'll be new branding, a new staff, different inventory, and updated forecasting involved. You can reference and compare the key metrics from all of these locations like total revenue, profit margin, inventory variance, etc.

Management 370

Management Management Document Hiring 370

7 Shifts

JUNE 4, 2021

Inventory turnover ratio. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. To calculate your COGs, you need the following numbers: Beginning Inventory, or the value of the inventory you start with. Ending inventory , or what you have leftover.

Point of Sale 417

Point of Sale Inventory Employee Relations Customer Service 417

Restaurant365

JANUARY 28, 2020

Sales forecasts , based on integrated POS data pulled from your restaurant operations software , are particularly powerful tools in the restaurant industry. When you’ve defined how much staff you require at different sales data periods, you should also reference visiting your sales per labor hour (SPLH) and labor percentage goals.

Inventory 145

Inventory Seasonal Menu Employee Relations Customer Experience 145

The Restaurant Times

FEBRUARY 19, 2022

As a result, rather than adopting a POS system built for general restaurant use, most pizza entrepreneurs would be better off investing in POS software with capabilities created exclusively for a pizza operation. Features To Look For In A Pizza POS Software . Inventory Management. Online Ordering . Track Data .

POS 52

POS 2022 Loyalty Program Point of Sale 52

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 52

Inventory Merchandise POS Food Supply 52

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. How the right POS system overcomes restaurant challenges. As far as restaurant challenges go, inventory mistakes can be some of the costliest.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Online Ordering 148

Apicbase

MARCH 3, 2023

POS integration is essential. Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. Some technologies integrate with the restaurant’s POS, allowing data to be easily shared between front-of-house (FoH) and back-of-house (BoH) systems.

Point of Sale 52

Point of Sale POS Management Management 52

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. Inventory Management.

Seasonal Menu 370

Seasonal Menu Point of Sale Inventory Food Supply 370

Culinary Cues

APRIL 1, 2024

There would be two Secret Service Agents who would purchase all the ingredients separate from our normal storeroom inventory and would be stationed in the kitchen watching my every move. They could not take any chances when it came to the safety of the second person in line of succession to the presidency.

Back of House 326

Back of House Kitchen Safety Hotels Front of House 326

Embrace the Suck

APRIL 26, 2020

Cost of goods (COGS) sold refers to the cost required to create each of the food and beverage items you sell to guests. COGS = Beginning inventory + purchased inventory - final inventory. Another Note: Most modern POS systems have CRM built into their platforms today. Prime Cost. What’s Next?

Cash Management 439

Cash Management Point of Sale Inventory Bar 439

Modern Restaurant Management

MAY 31, 2022

For example, basic point of sale (POS) systems or integrated restaurant management systems are useful digital tools that enable data reporting. Aside from gathering reports from a POS system, some restaurants will leverage other types of software that are beneficial to improving the restaurant’s performance.

Point of Sale 186

Point of Sale POS Download Loyalty Program 186

7 Shifts

APRIL 29, 2021

Work with your POS partner to see how they can assist in getting the applications sent as soon as possible. Food and beverage inventory. Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice.

Document 370

Document Restaurant Law Brewery Point of Sale 370

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. Below are a few checkpoints to note. Recipe Management.

Inventory 80

Inventory Management Management Point of Sale 80

7 Shifts

AUGUST 20, 2021

Note: As the year continues, you can refer to The Economic Policy Institute's Minimum Wage Tracker for up-to-date information on wage changes. POS systems. Use a procurement management app like Bluecart to keep track of food costs, monitor supply levels, and save time managing inventory. Track inventory and food costs.

Inventory 195

Inventory Food Supply Seasonal Menu Food Order 195

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.

Back of House 52

Back of House FOH BOH Front of House 52

Lavu

NOVEMBER 17, 2023

This process, often referred to as determining the “profit margin by subtracting,” includes factoring in the cost of ingredients, labor costs, overhead expenses, and other operational expenses. This approach helps increase sales of high-margin items, reduce waste and inventory costs, and ultimately improve profit margins.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

Restaurant365

JANUARY 11, 2022

With POS integration, you can easily access information like total daily sales, check count and labor data. Make sure you note it in your manager log, so that you have the inventory and labor to meet the demand. Record ongoing issues in your restaurant manager log so you can reference it later.

Management 158

Management Management Employee Relations Communication 158

Culinary Cues

MARCH 9, 2021

This is a place where the pressure of the clock still exists, where orders off the POS seem to stream just as relentlessly, and where impatient servers tap their shoes and stare just as mercilessly as they do on the hot line. This is the home of Garde Manger, or pantry, or simply – the cold kitchen.

Fine Dining 395

Fine Dining Presentation Seasonal Menu Design 395

Restaurant365

JANUARY 11, 2022

With POS integration, you can easily access information like total daily sales, check count and labor data. Make sure you note it in your manager log, so that you have the inventory and labor to meet the demand. Record ongoing issues in your restaurant manager log so you can reference it later.

Management 142

Management Management Employee Relations Communication 142

7 Shifts

MAY 23, 2024

You can easily retrieve this data from your POS system. The budgeting software can also help you forecast restaurant sales and manage your payroll and inventory so you can optimize your daily operations. Forecasting in the restaurant industry refers to estimating future trends based on historical and current data.

Point of Sale 222

Point of Sale Seasonal Menu Food Supply Cash Management 222

Restaurant Engine

DECEMBER 8, 2021

Research several POS solutions to find the one that best fits your needs. The first thing you should know is that a point-of-sale (POS) system will improve many of the functions of your restaurant. What’s more, you can also watch your profits rise as everything works better with a POS system. Software that makes the POS run.

Point of Sale 97

Point of Sale POS Website Management Customer Service 97

Clover - Restaurants

APRIL 9, 2024

While both terms refer to entities that provide goods or services, “supplier” tends to emphasize the relationship within the supply chain and can encompass broader partnerships, while “vendor” focuses more on the act of selling or providing specific products or services to a buyer.

Food Supply 98

Food Supply Online Ordering Food Truck Food Order 98

Transact

DECEMBER 30, 2019

Upgrade Your Inventory System. This isn’t just fussing for fussing’s sake–the right inventory system can have a financial impact on your operations. . This isn’t just fussing for fussing’s sake–the right inventory system can have a financial impact on your operations. . I’m referring to topics like: Food safety best practices.

2020 83

2020 Kitchen Safety Food Safety Front of House 83

Lavu

OCTOBER 24, 2022

Frictionless payments refer to types of payments that have reduced the barriers to buying. It uses NFC (near field communication) technology, a radio frequency that allows a card or device to communicate wirelessly with a point-of-sale (POS) system. And if not, what’s holding you back? What Are Frictionless Payments?

Mobile Ordering 78

Mobile Ordering POS Customer Service Online Ordering 78

Restaurant365

JULY 29, 2020

By understanding how you can reference your restaurant’s revenue centers in your forecasts, you will be able to save time and improve the validity of your restaurant reporting tools. Forecast Your Inventory Needs. Review Past Labor Reports. Dial in Your Restaurant Sales Reports. Analyze and Reevaluate Your Menu Design. Conclusion.

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

7 Shifts

OCTOBER 31, 2022

You'll have a document to reference during the planning or opening of your restaurant. Here is also a good time to discuss processes you plan to adhere to in the back of the house, such as food cost control methods and who your inventory suppliers are. Inventory management systems. Restaurant technology. Point of Sale Systems.

Point of Sale 398

Point of Sale Back of House Document Download 398

Restaurant365

JULY 29, 2020

By understanding how you can reference your restaurant’s revenue centers in your forecasts, you will be able to save time and improve the validity of your restaurant reporting tools. Forecast Your Inventory Needs. Review Past Labor Reports. Dial in Your Restaurant Sales Reports. Analyze and Revaluate Your Menu Design. Conclusion.

Cash Management 78

Cash Management Online Ordering Inventory Seasonal Menu 78

Xtra Chef

JULY 6, 2020

Unfortunately, if you use a POS that’s not Toast, we don’t support the PMIX Report for you quite yet. Get an Inventory Summary Report to analyze opening and closing numbers. Recipe Management isn’t the only module getting the love in this update—we have a new report for Inventory Management users, too!

Inventory 126

Inventory Customer Experience Back of House Social Media 126

BNG Point of Sale

DECEMBER 6, 2021

You want something compatible with your type of business and has features that will help manage inventory, sales data, etc. S ometimes they are also referred to as cash registers or POS systems. This will depend upon which particular POS system is being used, but most provide this option for customer convenience.

Point of Sale 52

Point of Sale POS Employee Relations Cash Management 52

Sling

APRIL 27, 2023

Restaurant operations management (sometimes referred to as ROM) is the set of processes and procedures that provides a framework for all of the day-to-day activities of your business. But it’s about more than just ordering as much inventory as your storage spaces can hold and hoping for the best.

Operations 78

Operations Management Management Inventory 78

Modern Restaurant Management

FEBRUARY 4, 2022

A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. Consider, removing processed or pre-packaged ingredients from their inventory. Ghost kitchens of 2019 almost exclusively referred to restaurants that worked only through third-party delivery services.

2022 216

2022 Customer Service Online Ordering Website Management 216

Goliath Consulting

SEPTEMBER 27, 2020

Up to Date Inventory. POS systems that manage inventory and purchasing capabilities are already well established by now, but we expect AI to optimize these capabilities with the use of RFID (Radio Frequency Identification) tags which use electromagnetic fields to identify and store information about the object the tag is affixed to.

Technology 158

Technology Mobile Ordering Food Safety Customer Service 158

Restaurant365

JUNE 22, 2021

Cross-contamination refers to when food becomes unusable during prep or storage because of unsafe practices. Or, in another example, if inventory is stored improperly or mislabeled in the walk-in, you may need to dispose of food that has been contaminated. Is your POS organization set up intuitively for servers?

Compost 88

Compost Food Waste Front of House 88

The Restaurant Times

FEBRUARY 28, 2023

Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. Restaurant analytics refers to the process of assessing your restaurant’s data to gain meaningful data to enhance your restaurant’s overall performance. What Is Restaurant Data Analytics?

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

Restaurant365

JUNE 4, 2021

In addition, consider implementing what is commonly referred to as “SMART” goals: Specific, Measurable, Achievable, Relevant, and Time-Bound). Loyal customers return to your restaurant over and over, and they also refer friends and family to your business. Tracking inventory invoices is key.

Loyalty Program 78

Loyalty Program Point of Sale Inventory Customer Service 78

Restaurant365

NOVEMBER 5, 2021

Also referred to as a central kitchen, this kind of commissary kitchen is common with multi-unit restaurant groups. A commissary location can also help you condense your deliveries of inventory, resulting in potential volume discounts with vendors. But here are three of the main types of commissary kitchens.

Kitchen Safety 148

Kitchen Safety Food Truck License Food Safety 148