Modern Restaurant Management

SEPTEMBER 3, 2024

By focusing on key technologies like point-of-sale (POS) systems, local dining businesses can maximize their investments and position themselves for success in a digital-driven industry. These systems help streamline scheduling, payroll and inventory management, reducing labor costs and improving overall operational quality and efficiency.

Loyalty Program 458

Loyalty Program POS Online Ordering Customer Experience 458

Modern Restaurant Management

JANUARY 31, 2024

Will 2024 be a comeback year for restaurants? Despite challenges including inventory costs, commission fees and staff turnover, many restaurant owners are expressing optimism about moving forward, according to TouchBistro’s 2024 State of Restaurants Report.

2024 508

2024 Online Ordering Website Management Inventory 508

Modern Restaurant Management

NOVEMBER 21, 2024

We saw this play out just weeks ago when Hurricane Milton swept through Florida in early October 2024, following closely on the heels of September's Hurricane Helene. This meant they could track inventory, shift resources around, and coordinate reopening efforts from anywhere with a cell signal. The same goes for payment systems.

Technology 221

Technology Food Supply Small Business Events 221

Modern Restaurant Management

DECEMBER 31, 2024

This final edition of Modern Restaurant Management (MRM) magazine's Research Roundup for 2024 features news of operator challenges and priorities, delivery trends, wages and hourly worker considerations. This is according to a survey conducted by TD Bank at the 2024 Restaurant Finance and Development Conference in Las Vegas, Nevada.

Franchise 221

Franchise Franchising 2024 Mobile Ordering 221

Modern Restaurant Management

OCTOBER 1, 2024

These devices enable bartenders to read customer situations in real time and adapt accordingly, whether by assisting a colleague at a table, offering another round to bar patrons, or even managing inventory on the fly. Seamlessly switching between tasks is designed to enhance service speed and accuracy. Or all tools on one platform?

Bar 449

Bar Operations Back of House Front of House 449

Modern Restaurant Management

AUGUST 16, 2023

With integrated point-of-sale (POS) systems, the entire dining process is streamlined, from when customers order to when they pay for their meals. POS systems offer a multitude of benefits for businesses, including: Streamlined operations by automating various tasks such as sales transactions, inventory management and reporting.

Loyalty Program 419

Loyalty Program Mobile Ordering Dietary Restrictions Customer Experience 419

Modern Restaurant Management

SEPTEMBER 30, 2024

Shifting Consumer Patterns Require Restaurants to be Data-driven and Nimble 2024 has already seen shifts in how and when consumers make a purchase. The digitization of the store, from a kiosk to the menu boards to the POS at the counter, continues to provide data about dining experience.

2025 450

2025 Fast Casual Food Customer Experience 450

Harbor Touch

MARCH 18, 2025

With a POS system like SkyTab and solid accounting software, you can track it all without losing your mind. A restaurant POS system like SkyTab, though, has no upfront cost, just $29 per month. For his SkyTab POS, he deducts the $29 monthly fee as an ongoing expense. Credit card tips pull from your POS system.

Point of Sale 138

Point of Sale POS Restaurant Law Equipment 138

Lavu

MARCH 17, 2025

Leverage POS Systems : Tools like Lavu POS automate inventory tracking, reduce order errors, and provide real-time insights. Start by tracking inventory, analyzing menu performance, and negotiating with suppliers to cut costs and boost profits. Log spoilage through inventory adjustments. Whole Wheat Bun $0.30

Food 78

Food Waste Inventory Seasonal Menu 78

SpotOn

APRIL 1, 2025

Empower servers to sell more with handhelds The outside area is further from the kitchen and the POS, which means a server on the patio has to do a lot more running around to keep tables happy. A handheld POS can help. It's a portable POS device that fits in an apron and lets servers take orders and payments at the table.

Seating 96

Seating Outdoor POS 2024 96

Lavu

FEBRUARY 14, 2024

Running a Bar: 7 Key Features You Need to Become The Best Bar POS System in 2024 In the bustling world of hospitality, the backbone of a bar’s success lies in its operational efficiency and customer satisfaction. At the forefront of this achievement is the POS software, a pivotal technology that has transformed how bars operate.

POS 166

POS Bar Point of Sale Front of House 166

7 Shifts

JULY 20, 2024

Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statement, and cash flow statement are all critical components of a restaurant's financial management. Its main goals are to minimize waste, control costs, and improve operational efficiency.

2024 221

2024 Cash Management Inventory Waste 221

7 Shifts

JULY 25, 2024

Research and compare different online ordering platforms and other point-of-sale (POS) systems like Toast, TouchBistro, and Square. With an expected annual growth rate of 4.57% from 2024 to 2029, meal kits provide an opportunity to increase revenue and reach more customers. Combos also help manage inventory and cut down on food waste.

2024 243

2024 Loyalty Program Point of Sale Online Ordering 243

Modern Restaurant Management

DECEMBER 21, 2023

In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists.

2023 309

2023 Insurance 2024 Employee Relations 309

7 Shifts

SEPTEMBER 6, 2024

COGS is based on your inventory, meaning it includes the value of what you start with, what you purchase, and what’s left at the end of the period. Phil Gadd, owner of The Loaf Bakery, said their company saved on labor costs by 4% when they used 7shifts with their POS system.

2024 195

2024 Seasonal Menu Inventory Audits 195

Bingage

APRIL 14, 2021

POS Systems has changed the pattern of how the restaurant industry works. To be updated and evolv e the latest technology, POS software is being designed for this purpose. What is Restaurant POS software? A restaurant POS software manages and streamlines all your restaurant business operational work.

POS 97

POS Online Ordering Loyalty Program Point of Sale 97

BNG Point of Sale

OCTOBER 15, 2021

Mobile POS For Retail. What Is A Mobile POS System For Retail? A mobile point of sale is a system in which POS software is installed on handheld, mobile devices, such as an iPad or Android tablet or smartphone. A point-of-sale (POS) has traditionally been a physical point where customers go to complete their purchases.

Retail 98

Retail POS Point of Sale Mobile Ordering 98

Lavu

NOVEMBER 27, 2024

A modern Point of Sale (POS) system can help you do just that by cutting costs, reducing waste, and streamlining operations. Here are the 7 must-have POS features that can transform your business: Inventory Tracking : Reduce food waste by 10% with real-time stock management and automated alerts.

POS 78

POS Loyalty Program Online Ordering Point of Sale 78

SpotOn

DECEMBER 30, 2024

At the beginning of 2024, the NRA reported that 73% of operators expected profit to be less or the same over the year, with 38% saying they didn't make any profit in 2023. You should be able to find this data in your POS reporting. Look in your POS reporting for hourly labor and check your books for the others. Labor costs.

Operations 52

Operations Loyalty Program Online Ordering Fast Casual 52

7 Shifts

OCTOBER 22, 2024

Build a mobile-friendly restaurant website In 2024, roughly around 63% of all web traffic came from mobile devices. Use data from your POS system, online ordering platform, or loyalty program to divide your customers based on factors like their dining frequency, preferences, or location.

Book 195

Book Marketing Email Marketing Social Media 195

Qu

NOVEMBER 25, 2024

Kitchen operations, in particular, frequently lag behind front-of-house innovations, causing issues like over-preparing food, poor inventory management, and struggles to meet high demand during peak hours. Plus, with Qu Flex , you can effortlessly transition from POS to a guest-facing kiosk in seconds. 2024, October 11).

Online Ordering 52

Online Ordering Mobile Ordering Front of House Food Order 52

The Rail

MARCH 27, 2024

By Emma Carter, Contributor The 2024 National Restaurant Association report shows that sales are up and restaurants are hiring. Improve Your Restaurant’s Inventory Management It is easy to run out of ingredients or have stock you never use if you don’t manage your inventory properly. You can use this data to optimize your sales.

Email Marketing 130

Email Marketing Point of Sale Seasonal Menu Customer Experience 130

Modern Restaurant Management

DECEMBER 31, 2019

percent by 2024, and 2020 will be a catalyst year that could drive that number up. A perfect storm is gathering which demands that, to make good on the promise of POS to improve both the customer experience and in-store operations, we must in fact embrace a “less-is-more paradigm." It should be four.

2020 345

2020 Kitchen Safety Consumer Goods Point of Sale 345

Rocket Fuel

FEBRUARY 19, 2025

Traffic to QSRs fell nearly 2% through October of 2024 according to data from Circana. High wait times might get you paused for a bit, while POS webhook issues mean a longer time out. Update inventory systems regularly to avoid bad data. Identify restaurants with the highest downtime rates or any instance of POS webhook issues.

Delivery 52

Delivery Customer Experience Point of Sale POS 52

Qu

MARCH 28, 2025

In December 2024, technology leaders from various industries gathered at Amazon’s premier conference, AWS Re:Invent, where Qus CEO participated in a panel discussion. Automated Inventory Management Today, general managers spend hours weekly counting inventory, often discovering shortages only after they cause problems.

Fast Casual 52

Fast Casual Technology Point of Sale Mobile Ordering 52

Restaurant365

JULY 24, 2020

Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024. POS providers Toast and Square have recently launched their own delivery services, at costs they say are lower than some of the more established delivery providers. Market Your New Channel.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Squirrel Systems

FEBRUARY 16, 2024

As we settle into 2024, the restaurant industry stands on the cusp of transformative changes, shaped by evolving consumer preferences, sustainability concerns, and a relentless pace of technological innovation. Restaurants that spotlight these offerings emphasize their commitment to reducing carbon footprints and supporting local economies.

2024 52

2024 Technology Menu Mobile Ordering 52

Clover - Restaurants

JULY 5, 2024

Luckily in 2024, the U.S. Whether you’re interested in quick service or full service , this guide will help you navigate the 15 most profitable restaurant types to open in 2024 based on data. Here are some of the most profitable QSR restaurants to open in 2024: 1.

2024 52

2024 Food Truck Fast Casual Fine Dining 52

Apicbase

FEBRUARY 29, 2024

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in.

2024 52

2024 Operations Loyalty Program 2023 52

Mad Mobile

MARCH 8, 2024

Restaurant industry experts have seen a massive shift in 2024 toward iPad-based POS systems. In the Mobile POS Payments market, the number of users is expected to amount to 101.10m users by 2028. While there are several different methods of implementing cloud-based restaurant POS systems, preserving the human touch is essential.

POS 40

POS 2024 Mobile Ordering Loyalty Program 40

The Restaurant Times

FEBRUARY 16, 2021

A report by Juniper Research states that contactless payments will triple to $6 trillion worldwide by 2024. Restaurant POS systems that support multiple contactless online payment touchpoints will continue to have a clear advantage in mitigating a lot of customer concerns and adapt better in 2021.

Technology 98

Technology Mobile Ordering Online Ordering Cash Management 98

Deliverect

JANUARY 30, 2020

The industry’s been growing at a steady pace and is expected to yield a worldwide revenue of US $164 billion by 2024. On a side note, it’s vital to thoroughly monitor your inventory. By connecting your delivery services to your POS system, you can automate delivery to a great extend, including stock management.

Delivery 118

Delivery Menu Online Ordering Customer Experience 118

Lavu

NOVEMBER 27, 2024

Choosing the right POS system for your restaurant? LAVU POS Review 2024 Comparing Features of Lavu and Clover Features of Lavu Lavu’s iPad POS system is tailored for restaurant operations. The inventory management system syncs directly with the POS, offering real-time stock updates as orders come in.

POS 78

POS Customer Service Mobile Ordering Loyalty Program 78

The Restaurant Group

MAY 3, 2021

These digital board kitchen menus allow restaurants to streamline their entire operations and link to POS systems. It also makes it easier to track food delivery timelines and get alerts when a specific inventory item is almost out of stock. In fact, data confirms that contactless payments will reach $6 trillion by 2024.

2021 78

2021 Kitchen Safety Online Ordering Food Safety 78

Apicbase

JANUARY 28, 2025

Before we dive into the challenges of the Autumn Budget 2024, lets step back and look at the bigger picture. Why are UK Restaurants Concerned About the 2024 Autumn Budget? When Will the Autumn Budget 2024 Take Effect? Chancellor Rachel Reeves presented the UKs Autumn Budget 2024 on 30 October 2024.

2024 52

2024 Waste Inventory Hospitality 52

7 Shifts

MAY 23, 2024

In fact, 45% of restaurant operators expect their competition to be much more intense in 2024 than last year. It can also be a great step to creating more accurate inventory management! Choose one that can assist you in scheduling your employees' shifts in minutes and is seamlessly integrated with your POS system.

Social Media 195

Social Media Loyalty Program Email Marketing Seasonal Menu 195

Apicbase

JUNE 12, 2024

The National Restaurant Association’s Restaurant Technology Landscape report 2024 finds that 76% of operators say using technology gives them a competitive edge. A modern point of Sale (POS) system simplifies transactions and tracks sales data. POS systems can also help reduce labour costs in the long term.

Technology 52

Technology Operations Point of Sale Online Ordering 52