Remove productivity-cost-control kitchen-management how-to-get-a-better-deal-from-food-beverage-suppliers
article thumbnail

Restaurant Supply Chain Management: New Era, New Measures

Modern Restaurant Management

As diners return to their favorite restaurants, bars, and other eating establishments, restaurateurs are feeling the strain put on the food supply chain. Brands are looking to restaurant technology to maintain a healthy connection with their suppliers, experiment faster, and predict the performance of new concepts and service models.

Supplies 218
article thumbnail

Demand Forecasting in Restaurants: Unlocking Efficiency and Savings in Procurement and Inventory Management

Apicbase

Managing inventory and supplier ordering is like juggling flaming torches while riding a unicycle (which also happens to be on fire). Picture this: You have to order the correct ingredients, in precise quantities, at the right time, from various suppliers without knowing future sales. That’s a daunting task.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 215
article thumbnail

CoGS: Cost of Goods Sold Restaurant Industry Average

BNG Point of Sale

CoGS: Cost of Goods Sold Restaurant Industry Average . The average cost of goods sold in the restaurant industry varies, but it sits around 30% to 35%. Cost Of Goods Sold Restaurant Industry Average . CoGS is how much it costs you to produce a menu item. Cost of items intended for resale. .

article thumbnail

MRM Research Roundup: Mid-July 2021 Edition

Modern Restaurant Management

restaurant industry has shown remarkable resiliency, having lost as much as 35 percent of visits at the beginning of the pandemic, but still has a ways to go to get back to pre-pandemic levels, reports The NPD Group. Visits at the dinner daypart were down -5 percent in May 2021 from a year ago and -12 percent from two years ago.

2021 189
article thumbnail

MRM Research Roundup: 2022 Restaurant Trends

Modern Restaurant Management

The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD Bank. Investment in delivery and mobile ordering pays off.

2022 215
article thumbnail

What Now? COVID-19 Survival Guide for Restaurants

Modern Restaurant Management

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.