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?

Waste 184

Waste Technology Food Inventory 184

Modern Restaurant Management

JANUARY 2, 2024

With products now cleared for consumer sale in both the United States and Singapore, the cultivated meat industry is moving from proof of concept and early-stage R&D to a focus on demonstrating scalability, sustainable unit economics, and consumer and customer demand.

2024 195

2024 Fast Casual Insurance Food Safety 195

Squirrel Systems

MAY 17, 2024

Restaurant operators can create a stable and sustainable growth path by focusing on these key areas. Look for opportunities to negotiate better terms with suppliers and optimize inventory management. Pricing Strategy : Develop a pricing strategy that reflects your value while remaining competitive.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

Apicbase

JANUARY 4, 2023

The cost of ingredients and other materials has gone up, making it necessary for restaurateurs to find creative ways to adjust their pricing and make their businesses more efficient. To manage their costs and increase efficiency, more and more food service companies are working with an inventory management system for F&B.

Inventory 52

Inventory Customer Service Food Supply Food Order 52

Notch

MARCH 17, 2022

Sustainability has had an ongoing and increasing influence on operations in the foodservice industry. And as we begin to return to post-pandemic life, 2022 has been predicted to be the year of the sustainability revival. And, t he pandemic hasn’t shaken diners' interest in sustainability. PLATE SOME ‘PLANT-BASED’ DISHES.

Sustainability 52

Sustainability Operations Seasonal Menu Compost 52

The Restaurant Times

JULY 19, 2022

In an exclusive conversation with The Restaurant Times, Akshay Balwani shares insights from his entrepreneurial journey about how to sustain and grow in a competitive market, and the role of localization, operations, and technology in creating a sustainable business model. . Also, how do you balance the cost of product versus pricing?

Sustainability 52

Sustainability Pricing Customer Experience Technology 52

Hot Schedules

OCTOBER 5, 2021

You have lots of choices on which companies supply your restaurant inventory, but how do you spot and manage great food suppliers? Your restaurant looks for partnerships based on specific needs: inventory, timeliness, reliability. In the restaurant business, relationships are what sustain your enterprise. Computer Rocket.

Food Supply 137

Food Supply Food Mobile Ordering Inventory 137

Apicbase

MAY 21, 2024

Operational realities like ingredient sourcing, kitchen workflow, pricing strategy, and branding play a role in menu development. Menu development is the process of aligning back-of-house culinary talent with operations management to design a profitable, sustainable menu that aligns with the brand. What is Menu Development?

Menu 52

Menu Dietary Restrictions Allergens Seasonal Menu 52

Culinary Cues

MARCH 3, 2021

This is a restaurant world that is not sustainable. Any reasonable person would look at these situations, scratch his or her head and wonder what in the world was everyone thinking. This was the restaurant world, or at least part of it, prior to the pandemic. This is the restaurant world that must change – and it will.

Dine-in 416

Dine-in Small Business Seasonal Menu Café 416

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. The process requires accurate and up-to-date sales figures, food costing, and inventory data to make the necessary calculations.

Definition 52

Definition Operations Management Management 52

Modern Restaurant Management

MAY 7, 2021

” Understanding that sustainability requires partnership throughout the supply chain, Burger King are partnering with The Coca-Cola Company and Kraft Heinz to bring these initiatives to life. . ’ We’re one of the only restaurants serving filet mignon and lobster at fast food prices.”

Franchise 172

Franchise Franchising Sustainability Fast Casual 172

Apicbase

APRIL 18, 2024

A restaurant’s raw data includes sales numbers, inventory data, ingredient pricing, recipe quantities and units, and financial figures. For example, a regular report on your inventory variance tells you the difference between your actual and expected inventory.

Operations 52

Operations Inventory Waste Food Order 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. The process requires accurate and up-to-date sales figures, food costing, and inventory data to make the necessary calculations.

Definition 52

Definition Operations Management Management 52

MBB Hospitality

NOVEMBER 15, 2023

It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. This granular approach helps in making informed decisions about menu design, portion sizes, and pricing, ensuring that each dish contributes positively to your bottom line.

Seasonal Menu 52

Seasonal Menu Food Waste Loyalty Program 52

Modern Restaurant Management

AUGUST 16, 2023

POS systems offer a multitude of benefits for businesses, including: Streamlined operations by automating various tasks such as sales transactions, inventory management and reporting. Enhanced accuracy through minimized human errors in order processing and inventory tracking.

Loyalty Program 167

Loyalty Program Mobile Ordering Dietary Restrictions Point of Sale 167

Modern Restaurant Management

OCTOBER 18, 2022

Historically high gas prices are pushing consumers towards EV options. People ( especially millennials ) are increasingly interested in sustainability and want to support brands that are aligned with their values. Demonstrate your commitment to sustainability. The spike in EV sales is due to a few key factors.

Audits 187

Audits 2040 Food Safety Consumer Goods 187

Modern Restaurant Management

DECEMBER 28, 2021

For the restaurant industry, the disruptions of a broken supply chain can eliminate key ingredients from inventory, which then force locations to remove items from menus temporarily, or indefinitely. More recent price increases have nearly doubled this number. According to a report from S&P Global Market Intelligence, U.S.

Franchise 195

Franchise Franchising 2022 Fast Casual 195

Culinary Cues

DECEMBER 17, 2020

There are short-term band aid solutions such as takeout, delivery, or even conversion into retail markets where wine inventories and local necessities take over space once occupied by diners, but they are not a replacement for a steady turn of tables. Even the best operators are at a loss for solutions.

Uniforms 470

Uniforms Cash Management Brewery Consumer Goods 470

Perfect Daily Grind

FEBRUARY 28, 2023

Although stock rotation can be challenging, there are several ways in which roasters can do this effectively, sustainably, and profitably. Because of coffee’s inherent seasonality, I always encourage roasters to equally consider three key pillars: price, availability, and quality,” Richard adds. Read on for more of his insight.

Seasonal Menu 196

Seasonal Menu Cash Management Inventory Management 196

The Rail

MAY 9, 2024

While the industry has been clouded by a variety of pressures that defined 2023 (such as inflation and price sensitivity), Restaurant Dive predicts that such challenges may push restaurants to embrace new solutions this year. The value triangle refers to three primary points in business: speed, quality, and price.

Supplies 52

Supplies Food Supply Food Truck Technology 52

Modern Restaurant Management

AUGUST 23, 2023

Analyze demand patterns to optimize inventory and staffing, ensuring flawless execution, even during peak orders. Craft a sustainable and appealing pricing structure that appeals to customers and ensures long-term viability for the business.

Loyalty Program 167

Loyalty Program Customer Experience Customer Service Mobile Ordering 167

Cheetah

MARCH 26, 2020

As the industry is fumbling to get by during the coronavirus outbreak, restaurant owners are struggling to liquidate surplus inventory in an effort to cut losses. Here are 6 creative ways to turn sitting inventory into sellable produce and sustain cash flow during these difficult times.

Inventory 78

Inventory Delivery Consumer Goods Customer Service 78

Modern Restaurant Management

AUGUST 6, 2020

Taking the example of dishes with a high ‘perceived value’, such as proteins, desserts and drinks, can allow for higher prices and better the bottom line. Optimize Inventory. Let’s say you operate a burger shop with beginning inventory valued at $5,000. At the end of the week, you had inventory worth $4,000.

Front of House 211

Front of House Inventory Food Safety Social Media 211

Cheetah

JANUARY 30, 2022

Disposable restaurant supplies are part of critical inventory used by every restaurant, food-truck and caterer on a daily basis. This has inflated prices and made disposables hard to come by. We operate with transparent pricing, for anyone to see on our app, with zero hidden fees. Reading Time: 3 minutes. Restaurant Supplies.

Supplies 148

Supplies Food Supply Compost Back of House 148

Cheetah

JANUARY 30, 2022

Disposable restaurant supplies are part of critical inventory used by every restaurant, food-truck and caterer on a daily basis. This has inflated prices and made disposables hard to come by. We operate with transparent pricing, for anyone to see on our app, with zero hidden fees. Reading Time: 3 minutes. Restaurant Supplies.

Supplies 148

Supplies Food Supply Compost Back of House 148

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. In 2024, we anticipate a continued evolution, where technology and sustainability will play pivotal roles in reshaping the culinary experience.

2024 214

2024 Loyalty Program Cash Management Customer Experience 214

Modern Restaurant Management

DECEMBER 21, 2022

Slow movers tie up inventory -and the cash needed to by that inventory. Reduce portion sizes slightly to maintain menu prices but account for increased costs. Don’t be afraid to increase price. Typically smaller but more frequent increases, especially on the big movers, will produce better, more sustainable results.

2023 195

2023 Loyalty Program Mobile Ordering Customer Experience 195

7 Shifts

JULY 21, 2020

Whether your restaurant needs to finance payroll, inventory, or a new electric skillet, these loans can make it happen in a jiffy. SBA 7(a) loans can be used on a variety of business expenses: purchase equipment, upgrade your real estate, stock up on inventory, tackle an emergency, and more.

Cash Management 300

Cash Management Government Small Business Healthcare 300

Modern Restaurant Management

DECEMBER 28, 2023

Moreover, predictive analytics and machine learning algorithms are being utilized for demand forecasting, effectively minimizing food waste and optimizing inventory management. The adoption of AI is more than a passing trend and represents a step towards creating a more efficient and sustainable future for the restaurant industry.

2024 122

2024 Dietary Restrictions Customer Experience Customer Service 122

The Rail

MAY 15, 2024

Generally lower food prices than full-service restaurants. No restaurant model is perfect, but a counter service restaurant balances convenience and service efficiency while still providing a quality experience at an affordable price point. Lower labor costs with fewer servers/staff needed. More casual, relaxed dining atmosphere.

Fast Casual 52

Fast Casual Customer Service Customer Experience Fine Dining 52

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.

2024 52

2024 Technology Menu Mobile Ordering 52

Sling

APRIL 27, 2023

These essential activities include everything from scheduling your team , assigning tasks , and managing inventory to controlling labor costs , executing payroll , and complying with labor laws. 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

Chowly

MARCH 28, 2024

Join us as we uncover Matt’s insights tailored to support the sustainable scaling of successful restaurant operations. While Matt excels in profit enhancement and inventory management, his true passion lies in leadership development. Explore sustainable and profitable ventures with Chowly's Off-Premise Platform.

Leadership 105

Leadership Coaching Sustainability Customer Experience 105

Modern Restaurant Management

DECEMBER 2, 2019

I t’s no secret that the key to sustainability in restaurants is managing limited resources and keeping your operations clean and safe. The bottom line: clarity around sustainability, food preparation and safety is essential. As consumers demand more transparency about sustainability, turn your operations into an advantage.

Management 154

Management Management Waste Sustainability 154

Apicbase

MAY 18, 2022

And inventory management tools can help you keep track of inventory at each location to keep food and beverage stock accurate down to the raw ingredients. A well-developed and profitable concept is the springboard for a sustainable restaurant franchise. 4 Write A Bulletproof Franchise Agreement.

Franchise 52

Franchise Franchising Sustainability Document 52

Modern Restaurant Management

FEBRUARY 5, 2024

Nearly all restaurateurs (98 percent) believe AI will solve some of their staffing challenges, particularly around food prep and delivery management (42 percent), voice ordering technology (41 percent), predictive ordering and inventory management (39 percent), and food prep robots (38 percent). percent in 2023.

2024 195

2024 Loyalty Program Food Order 2030 195

Modern Restaurant Management

MAY 9, 2023

And with a sustained uptick of restaurant spending – January 2023 was up 24 percent on the same month last year, according to the US Census Bureau – the conditions are ripe for flourishing. But it’s not all about coping and survival – or it shouldn’t be.

Mobile Ordering 176

Mobile Ordering Customer Experience Seasonal Menu Loyalty Program 176