Focus POS

JANUARY 15, 2020

When a technology solution affects as many areas of business as your restaurant POS system does, it can be difficult to track the true return on investment (ROI) that it offers. The first step to understanding the true ROI from a restaurant POS system is to determine quantifiable factors that are influenced by the POS.

POS 151

POS Front of House Loyalty Program Inventory 151

Modern Restaurant Management

FEBRUARY 3, 2022

Inventory and Menu Management : Though 47 percent of operators say that all or most of their suppliers increased prices during the pandemic, two-thirds of restaurants maintained or increased their menu offerings. Now, more than half of all operators (57 percent) report offering a loyalty or rewards program of some kind.

Loyalty Program 194

Loyalty Program Online Ordering Cash Management Point of Sale 194

Lavu

NOVEMBER 17, 2023

By staying on top of profit margins, you can make informed decisions about pricing, portion sizes, and operational costs, thereby improving your profit margins. Therefore, exploring effective ways to increase sales and carefully managing expenses, pricing, and menu offerings become vital strategies in maintaining a healthy profit margin.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

BNG Point of Sale

OCTOBER 13, 2021

Convenience Store POS System Costs. Costs to be Aware of When Considering a Convenience Store POS System. To be successful, a convenience store business owner must closely monitor operational errors, waste of business hours, and business losses. A convenience store POS system includes hardware and software: POS Hardware.

POS 52

POS Cash Management Point of Sale Equipment 52

Sling

MAY 9, 2023

For more suggestions on how to build strong relationships at work, check out these articles from the Sling blog: How to Have a Strong Employee/Employer Relationship 12 Leadership Theories And Styles For Managers 2) Improve restaurant security A strong RO program will also include some form of security. Here’s how to achieve that.

Operations 78

Operations Loyalty Program Food Safety Front of House 78

Harbor Touch

DECEMBER 20, 2022

By using POS business systems , restaurants can process orders more quickly and accurately than ever. A POS system helps streamline operations by giving managers real-time access to sales data, inventory levels, and order status updates. This article will explore four ways software technology is transforming the restaurant industry.

Loyalty Program 78

Loyalty Program Online Ordering Kitchen Safety Customer Experience 78

Modern Restaurant Management

DECEMBER 21, 2022

Reduce portion sizes slightly to maintain menu prices but account for increased costs. Don’t be afraid to increase price. Don’t be afraid to increase price. Expand Customer Loyalty : This year, many restaurants didn’t necessarily see a drop in topline sales, but instead suffered drops in visit frequency.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully. This agility is crucial for staying relevant in a market where culinary innovation is critical.

2024 52

2024 Technology Menu Mobile Ordering 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

Mad Mobile

MARCH 1, 2024

Dynamic pricing strategies Most restaurants and bars use digital menus because of their flexibility. Restaurant tablets and kiosks allow for dynamic pricing that changes based on your needs. If your chef is running an in-demand special, you can easily adjust the price or remove it from the menu when it’s sold out.

Seasonal Menu 40

Seasonal Menu POS Loyalty Program Customer Experience 40

The Restaurant Times

JUNE 6, 2023

By optimizing inventory management, restaurant software empowers businesses to minimize waste, prevent overstocking, and maintain adequate supplies. With this information readily available, you can make informed decisions regarding pricing and menu engineering to maximize profitability.

Inventory 52

Inventory Management Management Food Supply 52

Clover - Restaurants

APRIL 25, 2024

In fact, we’ll tell you why sharing your secret sauce can even be a key to customer loyalty. To help control cost: By precisely documenting ingredient quantities, recipe cards can help minimize food waste –and as a result, optimize profitability. They can be traced all the way back to Ancient Greece and Rome.

Design 52

Design Loyalty Program Social Media Allergens 52

Open for Business

MAY 19, 2023

And showing that you’re aware of the latest trends can attract new guests, build loyalty, and raise your profile. Inventory management software updates stock levels based on POS data on what guests order. With the promise of lower labor costs, less waste, more effective marketing, and a better guest experience, it’s easy to see why.

2023 78

2023 Hospitality Loyalty Program Email Marketing 78

The Restaurant Times

FEBRUARY 28, 2023

Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. Therefore, it is preferable for them to focus on extracting value from the data their POS is already producing. For instance, ask your guests to join a mailing list or rewards program. How Do Restaurants Gather Data?

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

Focus POS

DECEMBER 4, 2020

An online ordering solution that improves efficiency should be intuitive, allowing restaurant managers to update menu items and prices easily. This data will also hand you better control over your inventory, reducing ingredient waste, and saving you dollars. Can it help generate additional revenue?

Online Ordering 146

Online Ordering Ordering Mobile Ordering Point of Sale 146

Sling

JULY 24, 2023

7) Toast POS Toast is one of the most popular options for point of sale (POS) needs in restaurants, coffee shops , and bars. 9) Clover Another POS software solution serving restaurants is Clover. UpMenu is an online ordering platform with a built-in customer loyalty system and options for building branded websites and apps.

2023 78

2023 Management Management Tip Distribution 78

Focus POS

JUNE 17, 2019

What is restaurant point of sale (POS) software? It improves customer service by providing faster, more efficient transactions (and additional transaction types, such as self-service or online ordering) and engages customers on a deeper level through gift card implementation and loyalty programs. Streamlined Workflow.

Point of Sale 113

Point of Sale Cash Management POS Franchise 113

Restaurant365

SEPTEMBER 3, 2021

The difference between the two represents food that is being wasted due to errors, spoilage, or improper usage. Minimizing Food Waste. In addition to examining inventory and purchasing processes, a profitability strategist can also develop strategies for mitigating food waste. Implementing New Pricing.

Waste 78

Waste Cash Management Point of Sale Inventory 78

The Restaurant Times

JANUARY 11, 2023

Even technology comes with a price tag, continuous innovations and wide adoption make them more accessible and cost-effective. . Additionally, since the customer is in charge of placing the order, accuracy goes up, and waste goes down. . These apps are also the perfect way to run loyalty programs for customers.

Ordering 52

Ordering Online Ordering Mobile Ordering Loyalty Program 52

Modern Restaurant Management

JANUARY 12, 2022

To keep up with changing consumer preferences, operators noted that their top areas of investment in 2022 include mobile ordering (54 percent); delivery services (47 percent); technology such as new POS digital signage or other in-store tech (45 percent); and alternative payment methods (37 percent). "Consumers Kicking orders to the curb.

2022 215

2022 Mobile Ordering Guest Recovery Point of Sale 215

BNG Point of Sale

OCTOBER 7, 2021

How the Best Point of Sale (POS) Systems for Restaurants Boost Sales and Profit. Quality restaurant and bar point of sale (POS) systems help boost restaurant business efficiency for any restaurant business type. This article explains what a POS system is and why you need it, regardless of your type of restaurant.

Point of Sale 52

Point of Sale 2021 POS Loyalty Program 52

Apicbase

MARCH 28, 2024

The department is responsible for purchasing and managing inventory, food preparation, cooking and plating, menu planning and pricing, food safety, and hygiene. Pot washers : are responsible for cleaning pots, pans, dishes, and cutlery, keeping the kitchen clean, and disposing of waste.

Back of House 52

Back of House FOH BOH Front of House 52

BNG Point of Sale

AUGUST 27, 2021

However, maintaining menu-mix information up to date can be difficult, especially in multi-unit, multi-region restaurant chains with constantly changing expenses, menu items, and selling prices. . Selling price – cost of goods) / selling price = gross profit . Engage in a loyalty program .

Food 52

Food Point of Sale Online Ordering Loyalty Program 52

BNG Point of Sale

SEPTEMBER 2, 2021

Reduce Food Waste . Reducing food waste across your whole operation can have a considerable influence on your bottom-line revenues. In the kitchen, develop a laser focus on reducing food waste. Create a culture in which food waste is unacceptable. . Loyalty Program . Connect with us HERE to learn more.

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

Restaurant365

JUNE 4, 2021

If you haven’t yet started a loyalty program, consider implementing one. Many restaurant management systems or Point of Sale (POS) systems now have the tools and features you need to implement rewards. Reward programs can engage your customers, encouraging them to visit more often and participate in specials.

Loyalty Program 78

Loyalty Program Point of Sale Inventory Customer Service 78

BNG Point of Sale

AUGUST 25, 2021

1: Expand Your Service Capabilities with POS Software . Today’s POS systems can inform these customers via text when orders are ready to ensure the food is picked up on time, speeding the flow of orders from the kitchen. . #2: You can also revise menu pricing more easily for faster profit. Curbside Pickup .

Loyalty Program 52

Loyalty Program Social Media Point of Sale Customer Service 52

Open for Business

OCTOBER 20, 2023

Visit other restaurants in the area to understand their pricing and see what they’re doing well and what can be improved upon. Of course, none of the above matters if your pricing isn’t spot-on. Ever notice how some menus list prices as ’10’ instead of ‘$10.00’?

License 78

License Email Marketing Seasonal Menu Front of House 78

Apicbase

AUGUST 5, 2022

At first glance, they look equally good: the food is excellent, the staff friendly, the price right and everything well organised. Your first port of call for insights is your POS system. Recommended Read : Restaurant POS Systems For Multi-Unit Operations | How to set up your tech ecosystem for rapid growth.

Marketing 97

Marketing Operations Social Media Email Marketing 97

BNG Point of Sale

JUNE 21, 2021

Each meal is prepared and cooked on a smaller scale, helping prevent food waste. And if the menu is priced correctly and demand is strong, any restaurant can be highly successful. Revisit Menu Pricing and Offerings. This last initiative also opens the door to better pricing through your suppliers.

Fast Casual 52

Fast Casual Food Truck Customer Service Online Ordering 52

Apicbase

MARCH 17, 2023

Adopting technology allows you to track inventory levels in real time, streamlining the supply chain , reducing waste, and ensuring ingredients are always available when needed. When you’re trying to build loyalty with your customers, you want them to have a consistent experience every time they visit.

Customer Experience 52

Customer Experience Consumer Goods Food Supply Customer Service 52

Restaurant365

DECEMBER 2, 2019

Other inventory management tasks such as automatic inventory tracking via point of sale system (POS) integration can also be automated. Over time, smart suggestive ordering, based on sales reporting forecasts and par level inventory, can reduce over-ordering and food waste. Adjusting your menu and recipes for maximum profitability.

Management 97

Management Management Point of Sale Inventory 97

The Restaurant Times

OCTOBER 27, 2021

You can go for personalized marketing and appreciate their loyalty by greeting them and giving them discounts on their birthdays or other special occasions. Moreover, you can leverage your loyalty programs by offering tier-based or point-based programs to bolster customer loyalty and sales.

Bar 52

Bar Loyalty Program Point of Sale Social Media 52

BNG Point of Sale

SEPTEMBER 8, 2021

When you offer lower prices on certain products, you are raising awareness of your business and will increase sales because you are drawing in customers who may not have purchased at full price. However, this is a chance to develop customer loyalty, so it will be worth it. Incentivize Rewards . Speed Up Your Service .

Delivery 52

Delivery Point of Sale Food Online Ordering 52

7 Shifts

JANUARY 10, 2024

Not long ago, this software ran only on bulky PCs in back offices or slow, awkward point-of-sale (POS) stations tucked along the edges of the dining room. They can take orders on iPads and process transactions via handheld POS devices. Now, restaurant staff can access everything they need on their smartphones.

Management 195

Management Management Point of Sale POS 195

7 Shifts

JANUARY 10, 2024

Not long ago, this software ran only on bulky PCs in back offices or slow, awkward point-of-sale (POS) stations tucked along the edges of the dining room. They can take orders on iPads and process transactions via handheld POS devices. Now, restaurant staff can access everything they need on their smartphones.

Management 195

Management Management Point of Sale POS 195

Restaurant365

NOVEMBER 19, 2019

By integrating POS system with an accounting and scheduling platform, labor and sales data can be used for smart forecasting. Maintaining accurate, profitable menu pricing and planning. Tracking food waste trend reports, production stats, and recipe cost by location or time period can help identify inconsistencies.

Operations 92

Operations 2020 Mobile Ordering Social Media 92

BNG Point of Sale

AUGUST 27, 2021

It is also not an easy one–regardless of the restaurant size and business model–with plenty of competition to contend with while trying to stay on top in terms of the quality food it serves and its prices. Optimize your menu pricing . Today, profit margins have shrunk to between 4% and 7%. .

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52