Perfect Daily Grind

MARCH 21, 2023

And while these actors can certainly play an important role, their presence in the supply chain can often mean that producers end up receiving a smaller percentage of the final price of each cup of coffee. As part of this, farmers can receive higher prices for their coffee. Read on to find out what they had to say.

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Pricing Supplies Sustainability Communication 176

Cheetah

DECEMBER 10, 2021

Cooking oil prices reached an all time high this October. While restaurant owners compete against the energy sector for every drop of soy oil out there, they’re up against some tough competition. Operators are diversifying oil types and supply sources, while adjusting menus and learning how to prolong fry life. .

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Pricing Operations Food Supply Supplies 148

Cheetah

SEPTEMBER 30, 2021

Heinz nearly ran out of ketchup packets this year, practically triggering a nationwide ketchup shortage. A surge in demand caused by the delivery and take-out boom is partly the reason. After a year of relatively low demand, consumers can’t wait to get out of the house and into restaurants. Reading Time: 5 minutes.

Food Supply 148

Food Supply Supplies Pricing Food 148

7 Shifts

MAY 23, 2023

We've spent the last year building out a payroll product that integrates with all the best parts of 7shifts to make managers' jobs easier, and get teams paid accurately for their hard work. How long does it take to onboard employees? It's our goal to cut down on the number of systems restaurants need to run their business.

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Sourcing Take-out Waste Book 370

Restaurant Engine

JULY 28, 2021

You want to price your daily dinner specials just right for repeat business. It’s also a great way to try out new menu items to see if your diners like them. Yet, it can be hard to know where to go with pricing. In this article, we look at how to price daily dinner specials for the best results. The menu price.

Specials 111

Specials Pricing Email Marketing Advertising 111

Perfect Daily Grind

APRIL 8, 2022

Brighton Coffee Festival will take place on 14 August. Fairtrade International announces new Living Income Reference Price for Indonesian coffee producers. The Living Income Reference Price is offered as guidance for companies wanting to pay living wage incomes in their supply chains. Brighton Coffee Festival to return in 2022.

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Pricing 2022 2021 Recycling 119

Culinary Cues

MAY 3, 2023

The biggest, the best quality, cooked to perfection, sourced from the finest ranch, grass fed, Angus, Wagyu, Kobe, Natural, Organic, and the list goes on and on. They are out there. Your customers will rave, and you can raise your prices to cover the difference. What will it take to get the message across?

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Food Truck Customer Experience Food Supply Take-out 467

Perfect Daily Grind

FEBRUARY 10, 2023

International Coffee Organisation says coffee prices remained stable during January 2023. Despite a decline in global exports, the organisation reports that the ICO Composite Indicator Price fell by 0.1% This year’s CoE Indonesia auction will take place on 28 February. from December 2022.

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2023 Pricing White Paper 2022 122

Perfect Daily Grind

SEPTEMBER 2, 2022

The government estimates that revenue from coffee exports could increase further in 2022/23 as coffee prices remain high. Coffee Fest Los Angeles takes place from 28 to 30 August 2022. The event will be part of the 134th Session of the International Coffee Council, and will take place on 5 October 2022 in Bogotá, Colombia.

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Government Sustainability 2021 Sourcing 128

Culinary Cues

JANUARY 8, 2021

Sometimes the change curve can be mapped out allowing ample time to gear up with new skills, new products, new methods of production, and a laser focused marketing strategy, while on occasion, something environmental takes place that forces a more immediate response. Think about the technology sector as a prime example.

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2021 Social Media Kitchen Safety Restaurant Law 462

Modern Restaurant Management

JANUARY 15, 2024

Play The Field : Some Super Bowl viewers prefer to watch the game in the comfort of their own homes, but that doesn’t mean you should lose out on sales. Is inflation still driving wing prices? The price of many staple items is continuing to increase throughout the beginning of this year.

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Food Supply Point of Sale Back of House Inventory 206

Perfect Daily Grind

MARCH 18, 2022

The Barista League Hamburg to take place on 19 March. Robusta prices rise in Brazil as a result of decreasing arabica production. Starbucks pledges to phase out single-use cups. Global coffee prices continue to increase over 17 consecutive months, despite the Russian invasion of Ukraine. US cents/lb in February 2022.

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Pricing Webinar 2022 Social Media 121

Perfect Daily Grind

JULY 22, 2022

Brazil’s arabica prices highest since 1997/98 crop year. Arabica prices reached BRL 1,325.65 (around US $241.07) per 60kg bag for the 2021/22 season – representing more than a 65% price increase per bag compared to the previous crop season. US cents/lb earlier this month, while robusta prices rose by 3.6%

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Pricing Agriculture 2022 2017 138

Modern Restaurant Management

MAY 26, 2022

Since we can’t get away from rising prices and supply chain bottlenecks, we can look for new approaches that can help manage the impact. Many restaurants are doing this by raising prices, cutting costs, taking items off the menu, and making do with lean crews. Is aware of where product is sourced / shipped.

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Management Management Webinar Seasonal Menu 181

7 Shifts

FEBRUARY 8, 2024

The app also lets employees take their scheduling changes into their own hands by making approved shift swaps and securely communicating with each other. Manager Log Book Synced with 7shifts employee management software, the Manager Log Book is the perfect place to take shift notes on the go and centralize them in one place.

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Operations Management Management Mobile Ordering 367

Modern Restaurant Management

MARCH 20, 2023

Restaurant financial statements are an untapped source of potential growth. Image sourced from sage.com Here’s what you can do with a balance sheet. Image sourced from sage.com Here are some other useful things you can do with a P/L statement. Can you build on a single source, and if so, how can you do this?

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Cash Management Point of Sale Consumer Goods Sourcing 193

The Restaurant Times

NOVEMBER 8, 2021

You need to carefully price your restaurant menu to make it to the top and earn as much as possible. While it’s understandable that you want to make a profit, being overly aggressive with your menu pricing can drive the customer away. It is about the right balance when applying your pricing strategies. .

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Pricing Menu Consumer Goods Seasonal Menu 59

7 Shifts

FEBRUARY 8, 2024

The app also lets employees take their scheduling changes into their own hands by making approved shift swaps and securely communicating with each other. Manager Log Book Synced with 7shifts employee management software, the Manager Log Book is the perfect place to take shift notes on the go and centralize them in one place.

Operations 353

Operations Management Management Mobile Ordering 353

7 Shifts

FEBRUARY 7, 2024

And take time clocking data from your POS and send it right to your payroll provider for easier processing. There's a wide range of options available that take the entire process online. Data aggregation: Aggregate data from numerous sources, including Yelp!, All of this (and more!) is possible with a great POS. Owned by Toast.

Technology 312

Technology Mobile Ordering Social Media Online Ordering 312

7 Shifts

JULY 16, 2021

Sourcing Equipment. Take it one step further by diving into their lifestyle habits and spending patterns. You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price. This research will dictate your hours of operation and pricing plans! Expected menu prices. Obtain Funding.

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License Hiring Equipment Point of Sale 461

Touch Bistro

JUNE 16, 2021

Running a restaurant is no different, and if you want to be profitable and succeed over the long term, your restaurant menu pricing needs to be accurate. But, how do you accurately price your menu items? Restaurant Menu Pricing Based on Ideal Food Cost Percentage. An Example of Pricing a Menu Based on Ideal Food Cost Percentage.

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Pricing Menu Seasonal Menu Point of Sale 52

Perfect Daily Grind

JUNE 6, 2023

Sourcing coffee for the World Coffee Championships is a lengthy process in itself, but another pertinent question remains: how much do competition coffees cost? To find out, I spoke to a national Barista Champion, a national Brewers Cup winner, and a US Barista Championship competitor. How do WCC competitors source their coffees?

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2022 Sourcing Coaching Pricing 128

Culinary Cues

JANUARY 23, 2021

The baseline formula for determining selling price using an acceptable food cost percent of 30% would be: SELLING PRICE SP) = PLATE COST (PC)/FOOD COST %(FC%). If we use the same baseline formula for determining selling price: SP = $13.00 /.30. SP = $26.00 (A price that guests would be more willing to swallow).

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Point of Sale Front of House Back of House Fine Dining 450

Modern Restaurant Management

MAY 8, 2023

That doesn’t mean they are trading in their filet mignon for a fast-food burger, but rather they are looking for a more culinary-driven menu at a lower price point. Restaurant brands that had to scramble to get into take-out and off-premise at the start of the pandemic learned this the hard way.

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Fast Casual Casual Operations Consumer Goods 165

Modern Restaurant Management

NOVEMBER 21, 2022

Additionally, menu prices at casual dining establishments rose by an average of 9 percent year over year from 2021. According to a poll from Ipsos, meals purchased at restaurants and take out foods are usually the first extraneous expense to be cut by consumers. percent compared to the same period in 2021.

Operations 195

Operations Cash Management Seasonal Menu Loyalty Program 195

SpotOn

MAY 13, 2024

” -Benson Wang, Cofounder of Palm House Hospitality Take SpotOn client Santé , for example. Check out these tips to learn how they can help streamline your restaurant's operations. Update your summer menu Add new dishes that make the most of fresh, locally sourced fruits and veggies.

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Seasonal Menu Outdoor Email Marketing Loyalty Program 98

7 Shifts

SEPTEMBER 10, 2021

Ensure all the elements of running and growing your restaurant — marketing , customer service, sourcing suppliers—align under one, coherent message. But know this: Most restaurant owners don't have it all figured out. As you work your way through this section take note of the examples of mission statements. If not, “can” it.

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Fast Casual Customer Service Customer Experience Back of House 370

Apicbase

MAY 21, 2024

That means balancing brilliant ideas with practicality and taking the time to consider all variables that can impact food costs , menu scalability, and customer first impressions. Setting a final menu takes time, because there are many factors to juggle beyond recipes. The fundamentals of menu development are engineering and planning.

Menu 52

Menu Dietary Restrictions Allergens Seasonal Menu 52

Modern Restaurant Management

NOVEMBER 24, 2021

Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. To help operators move forward, let’s take a look at some of the challenges the industry has experienced in 2021 and how they can come out on top in 2022 and beyond.

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2021 Food Supply Food Truck Supplies 188

Culinary Cues

APRIL 1, 2020

After three weeks of our current state of uncertainty it is time to take a deep breath and do what Americans have done in the past: develop a plan moving forward. Worldwide – when countries, cities, and communities transition out of difficult times it is the restaurant and hotel industry that leads the way back to prosperity.

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Waste Cash Management Entertainment Take-out 498

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. It's crucial to invest in ourselves, in particular, in this transitory time to take care of our own and to help us focus on four-wall economics. The first gusto!

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2024 Loyalty Program Cash Management Customer Experience 214

Modern Restaurant Management

AUGUST 23, 2022

These tools allow franchise restaurants to maintain focus on the guest experience and to build upon brand recognition through developing innovative technology and strategically utilizing loyalty programs to keep consumer interest high, even as prices rise. Of course, raising product prices rarely results in a positive outcome.

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Franchise Franchising Loyalty Program Food Supply 187

Modern Restaurant Management

DECEMBER 20, 2023

As restaurant owners had to turn to costly alternatives to surviving operation obstacles such as rising food costs and staffing shortages, increased menu prices, added service fees and sales taxes made dining out more expensive and less appealing to the average consumer. This will continue with those in the middle getting squeezed.

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2023 Loyalty Program Mobile Ordering Consumer Goods 195

EATER

DECEMBER 22, 2020

Menu prices will have to go up to account for this, they say, which could mean you’ll no longer be able to afford your favorite meal, or the change will push restaurants out of business entirely. But what upset customers are forgetting is that most of us have always been underpaying for our dinners out.

Pricing 114

Pricing Menu Small Business Back of House 114

7 Shifts

JUNE 4, 2021

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. It also plays a key factor in pricing your menu. Time to break that out again. meaning you sold out of your entire inventory once during this period. Employee turnover rate.

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Point of Sale Inventory Employee Relations Customer Service 417

7 Shifts

APRIL 3, 2020

That is what we are going to answer in this blog—providing you with steps you can take right now to reduce your costs and boost your revenue to keep your restaurant profitable during COVID-19. Sides are cheaper than entrees, so the more sides you can peddle through your delivery channels, the more profit you’ll get out of your delivery.

BOH 368

BOH POS Influencer Point of Sale 368

Perfect Daily Grind

JUNE 10, 2022

Peet’s Coffee achieves 100% responsibly sourced coffee certification. Robusta prices drop as Brazil continues 2022/23 harvest. Between 29 April and 31 May, robusta prices dropped by 10.57% to BRL 708.25 Arabica prices hit three-month high following on from Brazil’s drought concerns. Take a look.

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Pricing Webinar 2022 Recycling 126