Restaurant365

SEPTEMBER 10, 2021

The data from inventory management can help you place more accurate orders, calculate exact food costs, make informed menu changes, and address potential sources of food waste. Use an inventory management system that integrates with your POS system. Your POS data can help streamline a large part of inventory management.

Inventory 138

Inventory Management Management Point of Sale 138

The Restaurant Times

JANUARY 13, 2022

A survey conducted by Too Good To Go indicates that more than 1/3rd of the bakery output in the UK ends up being wasted. This is where it is recommended to start a waste-free bakery. Research by Too Good To Go states that around 50% of the UK bakeries have a documented plan in place to reduce food waste. Source: Pinterest.

Waste 52

Waste Kitchen Safety Equipment Social Media 52

7 Shifts

SEPTEMBER 20, 2021

The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Scheduling software like 7shifts can also pull data from your POS to track labor against sales and get a more accurate picture of your labor cost—saving your restaurant money and time. POS and phones ?.

Technology 370

Technology Front of House Social Media Back of House 370

Apicbase

APRIL 18, 2024

Without it, managers would be faced with manually sifting through raw data from multiple sources. For example: Reports on the time taken to produce an order, speed of delivery, food cost percentage, inventory variance , and food waste give you insights into the efficiency of your operations.

Operations 52

Operations Inventory Waste Food Order 52

Modern Restaurant Management

NOVEMBER 11, 2021

In order to reduce cost, waste, and optimize inventory, the process begins with planning and forecasting. Consumers expect a high level of transparency on source ingredients, and for many brands, it’s a key differentiator. The goal for every food and beverage company is to synchronize supply and demand.

Supplies 218

Supplies Management Management Food Supply 218

The Restaurant Times

JUNE 30, 2021

This has increased the demand for POS software for every fast food restaurant. A well-integrated POS software makes the job easier for the staff and allows them to manage different functions seamlessly. . A well-integrated POS software makes the job easier for the staff and allows them to manage different functions seamlessly. .

POS 52

POS Food Online Ordering Point of Sale 52

Restaurant365

MAY 17, 2022

Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. Why a POS system is not suitable for inventory management. The POS system doesn’t do analysis. That’s great.

Inventory 78

Inventory Management Management Food 78

7 Shifts

SEPTEMBER 16, 2021

Supplier Sourcing. Restaurant reporting also pinpoints areas where wasteful spending can be reduced — particularly for labor. POS System. Last (but certainly not least) is a restaurant POS system that's equipped for multi-location functionality. to see where that location might be falling short.

Management 370

Management Management Document Hiring 370

Apicbase

MAY 8, 2024

It helps you track waste and theft to better control running costs. Apicbase: MarketMan’s Top Competitor MarketMan has many competitors, including accounting and cost management systems, POS systems with inventory management features, and dedicated inventory and recipe management platforms. MarketMan works great out of the box.

Inventory 52

Inventory Food Supply Kitchen Safety Back of House 52

Mad Mobile

FEBRUARY 26, 2024

Meanwhile, a restaurant’s bar program represents a significant source of total revenue. Loss, waste, inconsistency — without careful management of bar inventory, you’re quickly losing a decent chunk of money. You may be wasting 10% of product We may be talking about bar inventory here, but food waste trends bear mentioning.

Inventory 40

Inventory Bar Management Management 40

7 Shifts

FEBRUARY 5, 2021

The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Inventory management software is one great resource to help cut down on food waste, food cost and ensure that everything in your back-of-house is streamlined for transparency and profitability. XtraChef.

Social Media 370

Social Media Front of House Back of House Point of Sale 370

Modern Restaurant Management

FEBRUARY 3, 2022

POS and Payments : Restaurateurs wasted no time investing in new point-of-sale (POS) and payments solutions to help them navigate the pandemic. Not only did two-thirds (67 percent) of operators change their POS in the past year, but virtually all restaurants implemented some form of contactless payment.

Loyalty Program 195

Loyalty Program Online Ordering Cash Management Point of Sale 195

7 Shifts

SEPTEMBER 1, 2022

If you're throwing out food often, not only are you wasting ingredients and money, your restaurant is increasing the chances of having to 86 items. A few examples include leafy greens, sprouts, and fresh fruits and vegetables. In addition to being on top of inventory, food storage is also crucial. Forecast sales with accuracy.

Definition 360

Definition BOH FOH Front of House 360

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

Restaurant365

AUGUST 4, 2020

When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. If it’s not on your shelf, it can’t be stolen, spoiled or wasted. The key to minimizing food waste that can eat into your profits is effective restaurant inventory management.

Inventory 78

Inventory Management Management Cash Management 78

Lavu

NOVEMBER 17, 2023

This involves sourcing wholesale ingredients, reducing waste, and adjusting menu prices as needed. This approach helps increase sales of high-margin items, reduce waste and inventory costs, and ultimately improve profit margins. To enhance profits, effective food cost management is key.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

The Restaurant Times

FEBRUARY 28, 2023

Yet, according to BCG , only one out of every five restaurants fully utilize the vast amounts of data they have access to from various sources. Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. POS-collected data points can help provide a comprehensive view of customer appeal.

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

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. Sourcing ingredients locally or from all-natural farms. Water pollution and plastic waste have made many people look at restaurants. Health-Conscious Food Will Dominate Menus. Serving smaller portion sizes.

2022 219

2022 Customer Service Online Ordering Website Management 219

Restaurant365

JULY 21, 2021

How do you keep track of all these different shipments and ingredients to minimize food waste, ensure you are prepared for service, and optimize what you’re spending on your ingredients? This means that for restaurant owners and operators, the budget you have invested in product can quickly go to waste if inventory control isn’t top of mind.

Inventory 78

Inventory Management Management Waste 78

7 Shifts

DECEMBER 3, 2019

Step 6: Source Capital Finding and securing capital isn’t always easy, though with your business plan and the recognition of your franchise’s brand, you may have an easier time than starting a completely new brand. Looking for a new source of capital this time around?

Franchise 368

Franchise Franchising Audits Point of Sale 368

Restaurant365

NOVEMBER 12, 2021

How POS integration fits into menu engineering. Your point of sale (POS) system tracks a lot of valuable information about your restaurant, such as your sales history. When your POS system is fully, seamlessly integrated with your inventory management system, you can use that data in your menu engineering strategy.

Menu 143

Menu Operations Point of Sale POS 143

Izettle

OCTOBER 7, 2020

“I said to him, ‘I know you only source French wine, but do you know anyone good for German and Austrian wines?’ Locally sourced produce pays off. When you use locally sourced food the word spreads a little bit further.”. Reducing waste. Want to make the most of your carefully sourced products? EXPLORE OUR POS.

Small Business 98

Small Business Inventory Sourcing Waste 98

Mad Mobile

MARCH 1, 2024

Leveraging data for menu optimization Tablet-based restaurant POS systems like CAKE gather data across your business. Immediate order placement Usually, your customers give their orders to a server that inputs them into a central POS terminal for fulfillment. But you can’t ignore that a traditional system produces a lot of waste!

Seasonal Menu 40

Seasonal Menu POS Loyalty Program Customer Experience 40

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. The better and more streamlined your inventory control , the less food waste in your kitchen and the more money added to your bottom line.

Inventory 103

Inventory Management Management Waste 103

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 216

2024 Loyalty Program Cash Management Customer Experience 216

7 Shifts

AUGUST 19, 2020

Pandemic or otherwise, staff turnover eats into your profitability and wastes a considerable amount of managers’ time. Keeping a training manual at service stations or behind bars gives everyone a source of truth and helps iron out those little mistakes. Detailed instructions on how to use the POS system.

Training 370

Training Kitchen Safety Customer Service Food Safety 370

Xtra Chef

SEPTEMBER 14, 2020

This product release includes the debut of Waste Tracking for Inventory Management users, updates to xtraCASH and Sync, and some new features to look for in the Vendor Hub and Purchasing & Ordering Management. Inventory Management users, meet Waste Tracking! From there, click Add New to add a waste event.

Waste 88

Waste Cash Management Online Ordering Inventory 88

MBB Hospitality

NOVEMBER 15, 2023

Leveraging technology can streamline these processes, reducing waste and ensuring precise portion control. Implementing software that integrates with your point-of-sale (POS) system can provide real-time data on food usage, allowing for immediate adjustments in purchasing and menu pricing.

Seasonal Menu 52

Seasonal Menu Food Waste Loyalty Program 52

Deliverect

JULY 24, 2020

POS (point of sale) systems. You probably already have a POS system in place. The biggest players in the POS world, the likes of Revel , Square , Micros , and NCR Aloha , turn the sales terminal into an all-purpose software hub for the restaurant, and some even provide ordering and payment hardware too. Delivery tech.

Technology 110

Technology Mobile Ordering Front of House Online Ordering 110

The Restaurant Times

FEBRUARY 22, 2022

It’s no longer about waste and environmental damage. Restaurant sustainability refers to how restaurants reduce their environmental impact by tackling issues such as sustainable farming, carbon footprint, supply chain shortening, food waste, packaging, water conservation, energy use, recycling, and more. Restaurant Tech.

2022 98

2022 Front of House Cash Management Online Ordering 98

Restaurant365

APRIL 14, 2020

No matter what business model your restaurant is operating on, managing your restaurant inventory helps you prevent waste, lower your food cost, and maximize your bottom line. In a time when your business is experiencing fluctuations, reusing ingredients will also help ensure you cycle through your inventory before spoilage or waste.

Inventory 109

Inventory Delivery Management Management 109

The Restaurant Times

AUGUST 15, 2021

It requires looking at every little aspect of your business – from sourcing to billing and reconciliation – meticulously. Let us look at how POS software can be used to produce data-based insights using metrics and boost cloud kitchen revenue. . Source: Zip Reporting. Manage Stock And Inventory. Optimize The Menu.

Inventory 52

Inventory Employee Relations POS Waste 52

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. The better and more streamlined your inventory control , the less food waste in your kitchen and the more money added to your bottom line.

Inventory 78

Inventory Management Management Waste 78

Kounta

JANUARY 9, 2020

Trend 2: Green goes mainstream — zero waste movement will influence dining habits. The modern zero waste movement will no longer speak to a select few but impact and influence the masses. To take full advantage of this trend, however, an adaptable POS system is necessary to allow for easy integration with these third-party apps.

Hospitality 98

Hospitality Cash Management Influencer POS 98

7 Shifts

JUNE 4, 2021

Total revenue data, or all of your revenue from income statements or POS sales reports. When you keep track of your inventory turnover, you can make sure you're not overordering ingredients, which can lead to high food waste, akin to throwing money away. Total sales , from your POS. Why is inventory turnover ratio important?

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

BNG Point of Sale

DECEMBER 6, 2021

Here are 15 ways that installing a POS system in your restaurant will benefit you and your staff. . Increased revenue: One of the primary benefits for restaurant employees working with a point-of-sale (POS) system is increased revenue.

Point of Sale 52

Point of Sale POS Cash Management Front of House 52

The Restaurant Times

DECEMBER 5, 2020

If waste can be attributed to procuring some raw materials in bulk, check out the prices other vendors are offering for the inventory you need. When POS Reports Show a Loss on Menu Items. To get started, generate an annual sales report on your restaurant POS. Secondly, speak to your kitchen staff about food wastage.

Menu 96

Menu Seasonal Menu POS Food Order 96