Modern Restaurant Management

JUNE 12, 2024

Additionally, digital inventory management systems provide real-time stock updates, helping maintain optimal inventory levels, reduce waste, and ensure the availability of ingredients. Seating to First Server Contact : Cameras can track the duration from when a customer is seated to when a server approaches them.

Loyalty Program 473

Loyalty Program Mobile Ordering Dietary Restrictions Customer Experience 473

Modern Restaurant Management

JULY 22, 2021

Not to mention that after practicing social distancing for over a year, not everyone will be thrilled to go back to tight seating arrangements indoors. POS systems already collect most of information on sales, inventories, staff, etc. Online Ordering Will Continue to Thrive. automatically and turn them into invaluable reports.

Allergens 520

Allergens Online Ordering Fast Casual Food Safety 520

Modern Restaurant Management

FEBRUARY 2, 2024

Meanwhile, restaurants must effectively manage inventory, staff, and customer data. As a result, many establishments struggle with slow service times, inefficient inventory management, and inadequate customer engagement — all of which can lead to decreased satisfaction and lost business.

Operations 472

Operations Front of House Customer Service Customer Experience 472

ChowNow

APRIL 15, 2025

COGS = Beginning Inventory + Purchases Ending Inventory To calculate your Cost of Goods Sold, you start with the value of your inventory at the beginning of a set period, add any new purchases youve made during that time, then subtract the value of your remaining inventory at the end of the period.

Operations 195

Operations Email Marketing Point of Sale Online Ordering 195

Modern Restaurant Management

MARCH 7, 2022

By following the first in, first out (FIFO) methodology of food inventory management, you reduce waste and ensure that your food stays safe and tastes good. It makes no sense to take up too much kitchen space with a large range in a restaurant with limited seating. Implement an efficient inventory system. Shipment and delivery.

Equipment 473

Equipment Kitchen Safety Food Safety Waste 473

7 Shifts

AUGUST 2, 2024

To calculate this, use the formula: Cost of Goods Sold (COGs) = Beginning Inventory + Purchased Inventory - Ending Inventory Gross profit & gross profit margin Your gross profit and gross profit margin help you track how much money you're making after deducting your Cost of Goods Sold.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

Modern Restaurant Management

FEBRUARY 17, 2025

Hoteliers and restaurant operators are increasingly demanding POS systems that seamlessly connect with CRM, loyalty programs, reservation systems, inventory management, and payroll. In terms of operations, we're seeing a trend towards integrated systems.

Loyalty Program 221

Loyalty Program Mobile Ordering Customer Experience Customer Service 221

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 416

Point of Sale Inventory Employee Relations Customer Service 416

Modern Restaurant Management

JUNE 10, 2021

Today, with proper integrations, information is syndicated out in a way that reflects live inventory. Fandango ticket kiosks arriving at theaters in the early 2000s were a dream for teenagers like myself who lacked the patience and time management skills to arrive early to get a good seat.

Airlines 493

Airlines Consumer Goods Point of Sale Hotels 493

7 Shifts

MARCH 10, 2021

This process includes focusing on your daily finances , such as cash flow, payroll, and inventory. Invest in Technology Accounting and inventory management software are just a couple of the technologies that small business owners should invest in. POS systems offer more accurate sales reporting and shorter transaction times.

Management 370

Management Management Small Business Email Marketing 370

The Rail

JANUARY 15, 2025

Look for underutilized corners, walls, or other spaces that could serve additional purposes, such as hosting extra storage, decorative elements, or seating options. Another key point is using slim chairs that allow more seating without crowding. Similarly, flexible seating arrangements keep operations smooth.

Outdoor 130

Outdoor Seating Customer Service Customer Experience 130

Modern Restaurant Management

AUGUST 10, 2021

If patrons are dining in, they can simply include a table number when they place their order so that the food can be brought to where they are seated. Once free of the duties of accepting orders and processing payments, staff can focus on other important tasks, including marketing, customer service and inventory. A Long-Term Solution.

Ordering 592

Ordering Recruiting Food Order Employee Relations 592

Embrace the Suck

APRIL 26, 2020

COGS = Beginning inventory + purchased inventory - final inventory. RevPASH stands for “revenue per available seat hour” during a given time period (and sounds really cool when you say it). RevPash = Total revenue ÷ (available seats x opening hours). Prime Cost. Developed by Sheryl E.

Cash Management 439

Cash Management Point of Sale Inventory Bar 439

Modern Restaurant Management

SEPTEMBER 1, 2020

With patio season coming to an end and indoor seating capacity compromised, it’s never too early to have a Plan B (or C or D, at this point). Reach out to your distributors to take inventory in terms of thinking through what might be available and when. Alter Course if You Need To. Work on Your Supply Chain.

Supplies 492

Supplies Seasonal Menu Back of House Delivery 492

7 Shifts

FEBRUARY 15, 2024

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. Inventory tracking and management software Bar inventory can be complicated, with hundreds if not thousands of bottles to tabs on.

Inventory 195

Inventory Bar Management Management 195

7 Shifts

FEBRUARY 15, 2024

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. Inventory tracking and management software Bar inventory can be complicated, with hundreds if not thousands of bottles to tabs on.

Inventory 195

Inventory Bar Management Management 195

Modern Restaurant Management

JULY 21, 2020

With reduced seating mandate, excellent take-out options can make all the difference to the continued success of the restaurant. Start is by employing RFID to have total inventory visibility so that you can track usage and expiry in order to track minimize waste. Manual task tracking is error prone and difficult to keep track of.

Kitchen Safety 465

Kitchen Safety Food Safety Front of House Technology 465

Modern Restaurant Management

JULY 8, 2020

With the advancement of POS systems, restaurant staff were able to spend more time attending to guests and restaurant owners were able to gain powerful tools like data-driven insight, financial reports, customer relationship management, inventory tracking, and operations management.

Hospitality 520

Hospitality Technology Mobile Ordering Food Safety 520

Modern Restaurant Management

APRIL 22, 2020

Additionally, the Napa, California-based company launched a unique exchange program and purchasing inventory from wineries to help support the loss of sales to distributors due to restaurant and tasting room closures. We ask that those "seated" at the table give a $50 dollar minimum donation. There is a free viewership option.

Retail 411

Retail Seating Customer Service Supplies 411

Culinary Cues

DECEMBER 8, 2022

We had seating for 150 and there wasn’t an empty chair. A line of people was waiting for seats, so we knew that service was now on fire. We offered two seatings that filled our dining room and set two buffet lines serviced by a carver at each and three food runners to keep everything stocked. By 8:15 the dining room was full.

Front of House 449

Front of House Back of House Seating Food Truck 449

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

7 Shifts

OCTOBER 21, 2021

Pros: Very low labor and inventory costs and steady incremental sales growth. These restaurants generally have limited menus, no seating, and fewer (if any) servers compared full-service restaurants. Cons: You have higher overhead costs because you need more seating and servers. Less food inventory. Fast Food Chains.

Fast Casual 370

Fast Casual Food Truck Casual Customer Service 370

Modern Restaurant Management

JULY 20, 2022

Local search has had a big moment during the pandemic, and now as inflation surges and inventory challenges mark the latest hurdle, I think that moment is here to stay. Despite these challenges, on-premise dining continues to return, with 13 million diners seated via Yelp in Q1 2022, up 48 percent compared to Q1 2021.

Advertising 474

Advertising Consumer Goods Transportation Retail 474

Modern Restaurant Management

APRIL 2, 2020

Well, for ideas – there are physical changes (rearranging a showroom, gym, or restaurant seating arrangement to allow more functional usage), periodic maintenance (steam your carpets, paint your walls, organize your warehouse) and business tooling/service improvements you can make.

Social Media 488

Social Media Small Business Customer Service Cash Management 488

Modern Restaurant Management

AUGUST 12, 2020

Not only were thousands of restaurants required to close for a period of time, but inventory prices have increased and the Centers for Disease Control and Prevention has recommended potentially expensive new sanitation processes and reduced capacities. This will create a comfortable and safe environment for your guests.

Social Media 520

Social Media Customer Experience Pricing Website Management 520

Modern Restaurant Management

JUNE 23, 2021

With closures and limited service and seating, most restaurants’ incomes are likely dramatically different than they were in February of last year before mandated closures and capacity restrictions. That includes everything from inventory to employment practices like hiring (or not hiring!) and firing.

Insurance 414

Insurance Bar Hiring Customer Service 414

Culinary Cues

APRIL 1, 2024

Past maintenance and the boiler room of massive furnaces providing heat and hot water for twenty some odd floors of guest rooms and eighteen banquet rooms ranging in size from twenty seat board rooms to two-thousand seat ballrooms, and the three restaurants that grace the main lobby.

Back of House 421

Back of House Kitchen Safety Hotels Front of House 421

Lavu

JUNE 6, 2025

By closely monitoring and optimizing this percentage, restaurants can better manage their inventory, minimize waste, and lower their overall expenses, ultimately maximizing cost reduction. Too much inventory might make you feel prepared, but it usually leads to spoiled food due to forgetting items, misplacing them, or theft.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

7 Shifts

FEBRUARY 8, 2024

Payroll can be a huge chore in this industry due to its time-sucking nature, and other accounting needs like inventory and budget management aren't exactly easy (or exciting). OpenTable seats around 1.6 BevSpot BevSpot is a food and beverage management software that handles inventory management, ordering, invoicing, and sales data.

Management 367

Management Management Operations Mobile Ordering 367

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

Modern Restaurant Management

OCTOBER 1, 2024

Moreover, a KDS helps prep stations focus on one task at a time, while managers can instantly identify which servers need assistance to turn tables or bar seats faster. With KDS screens, staff can monitor orders from almost any location on the premises, which can enhance efficiency and help the bar or lounge serve more customers.

Bar 449

Bar Operations Back of House Front of House 449

7 Shifts

MAY 1, 2020

If you have many groceries, inventory, or portioned goods, consider offering meal kits to diners to cook at home. With dine-in officially off the menu, we’re sharing a few options for restaurants to consider to pivot their business model during COVID-19. Offer meal kits ??

FOH 364

FOH Online Ordering Delivery Food Order 364

7 Shifts

MAY 11, 2020

Run through our guide to reopening your restaurant to plan your labor, inventory, marketing, and more so you can reopen with a bang. This may mean limiting seating per table or reorganizing your dining area to ensure tables are over 6 feet apart. Social distancing and protective equipment ?? Employee health assessments ???

BOH 368

BOH Food Safety FOH Equipment 368

7 Shifts

FEBRUARY 8, 2024

Payroll can be a huge chore in this industry due to its time-sucking nature, and other accounting needs like inventory and budget management aren't exactly easy (or exciting). OpenTable seats around 1.6 BevSpot BevSpot is a food and beverage management software that handles inventory management, ordering, invoicing, and sales data.

Management 352

Management Management Operations Mobile Ordering 352

7 Shifts

NOVEMBER 1, 2022

They're people leaders, customer service providers, line cooks, inventory managers, occasional bartenders, public relations reps, number crunchers, and even marketers. Restaurant owners and operators wear a lot of hats. We live in a world where diners are inundated with choices. There are more options for eating out than ever before.

Seating 221

Seating Email Marketing Marketing SEO 221

Modern Restaurant Management

DECEMBER 21, 2022

Slow movers tie up inventory -and the cash needed to by that inventory. We’ll also see AI being used to handle everything from text marketing campaigns, managing inventory to counting orders, tracking customers in real-time, and monitoring the number of people at dining tables. – David Tracz, Partner at / /387.

2023 493

2023 Loyalty Program Mobile Ordering Customer Experience 493

7 Shifts

JULY 16, 2021

Do they have indoor seating or are they takeout-only? Seating capacity. Coffee shop with seating: $80,000 to $300,000. Coffee shop with both seating and a drive-thru: $80,000 to $300,000. Are there high-top, bar-style tables, regular seating, or a mix of both? But, don't limit your research to just that!

License 459

License Hiring Equipment Small Business 459