Modern Restaurant Management

MARCH 18, 2024

Environmental Consciousness – Consumer awareness and desire for more sustainable options is encouraging upcycling and waste reduction efforts that are good for business and good for the planet. The prix fix menu is gaining momentum as a way for restaurants to provide customer experiences and control inventory.

2024 474

2024 Food Truck Fast Casual Consumer Goods 474

Modern Restaurant Management

JUNE 28, 2024

The ACSI Restaurant and Food Delivery Study 2024 is based on 14,604 completed surveys. Customers were chosen at random and contacted via email between April 2023 and March 2024 for the restaurant industries and between November 2023 and March 2024 for food delivery. between January and May 2024.

2024 294

2024 Mobile Ordering White Paper Customer Service 294

Modern Restaurant Management

DECEMBER 28, 2023

Moreover, predictive analytics and machine learning algorithms are being utilized for demand forecasting, effectively minimizing food waste and optimizing inventory management. 2024 AI Predictions As we enter the year 2024, the restaurant industry is on the brink of changes driven by AI that go beyond what is ordinary.

2024 309

2024 Dietary Restrictions Customer Experience Customer Service 309

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

Lavu

MARCH 17, 2025

By accurately calculating food costs, restaurant owners can set the right menu prices, reduce waste, and maximize their profits. Reduce Waste : Track daily waste, use FIFO (First In, First Out), and train staff on portion control. Log spoilage through inventory adjustments. Whole Wheat Bun $0.30 Avocado(1/4) $1.20

Food 78

Food Waste Inventory Seasonal Menu 78

Modern Restaurant Management

DECEMBER 26, 2023

Technology Integration – Restaurants leveraged AI, IoT, 5G, and quantum computing to optimize operations, enhance inventory management, streamline supply chains, improve food safety, and more. Food waste is a huge, expensive issue, with fresh foods often rotting on trucks during transport.

Dietary Restrictions 309

Dietary Restrictions Food Safety Food Supply Food Truck 309

7 Shifts

JULY 25, 2024

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. This way, you reduce food waste and generate revenue from products that would otherwise go unused. Combos also help manage inventory and cut down on food waste.

2024 243

2024 Loyalty Program Point of Sale Online Ordering 243

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. Portion control Portion control or managing the amount of food served to customers can help you reduce waste, use ingredients wisely, and maintain consistent restaurant food costs.

2024 195

2024 Seasonal Menu Inventory Audits 195

Culinary Cues

DECEMBER 21, 2023

Sunday nights taking inventory in the freezer and coolers until I couldn’t feel my fingertips anymore helped me to understand what everything costs and how impactful waste, theft, spoilage, and inaccurate counts can be. Happy holidays and positive vibes for an even better 2024.

Kitchen Safety 346

Kitchen Safety Food Safety Take-out Inventory 346

7 Shifts

OCTOBER 22, 2024

Build a mobile-friendly restaurant website In 2024, roughly around 63% of all web traffic came from mobile devices. Blog about food to boost your restaurant’s online visibility Don’t waste your website’s potential by just posting your menu or event updates. You can use these to optimize staffing and inventory.

Book 195

Book Marketing Email Marketing Social Media 195

Apicbase

MARCH 5, 2025

A surprising drop in profit margin caught my eye, kicking off an investigation that revealed a serious procurement and waste issue one that quietly drained thousands in profits. Looking at Q4 of 2024 and the first two months of 2025, one site stands outDresden. Was it a waste issue? The waste dashboard. A significant hit.

Waste 52

Waste Back of House 2025 2024 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. Reduce the food waste you generate.

Email Marketing 130

Email Marketing Point of Sale Seasonal Menu Customer Experience 130

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. Control Inventory for Your Virtual Kitchen. Managing your restaurant inventory helps you prevent waste, lower your food cost, and increase your bottom line.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

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. Value: By improving kitchen operations, the Production Optimization Board boosts speed of service while cutting down on food waste.

Online Ordering 52

Online Ordering Mobile Ordering Front of House Food Order 52

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 Point of Sale Online Ordering 78

Modern Restaurant Management

DECEMBER 31, 2019

They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. percent by 2024, and 2020 will be a catalyst year that could drive that number up. Minimizing food waste will continue to be a focus in 2020.

2020 345

2020 Kitchen Safety Consumer Goods Point of Sale 345

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 2023 Loyalty Program 52

Rocket Fuel

FEBRUARY 19, 2025

Traffic to QSRs fell nearly 2% through October of 2024 according to data from Circana. It’s a vicious cycle, one that should make it clear that investing heavily in DSP promotions will be a waste of money unless operations can provide consistent, high-quality results. Update inventory systems regularly to avoid bad data.

Delivery 52

Delivery Customer Experience Point of Sale POS 52

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

OneDine

JANUARY 9, 2024

With the onset of 2024, there’s no better time for restaurateurs to embrace innovative technological advancements to streamline operations, enhance customer experiences, and stay ahead in a competitive market. In 2024, we can expect a surge in the use of QR codes for menu browsing, ordering, and payment processing.

2024 52

2024 Technology Customer Experience Customer Service 52

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. Inventory management software does that for you. What is the average restaurant profit margin? The right tools will make this happen.

Operations 52

Operations Loyalty Program Online Ordering POS 52

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

7 Shifts

MAY 23, 2024

In fact, 45% of restaurant operators expect their competition to be much more intense in 2024 than last year. However, overly large portions can sometimes result in food waste, which is an issue not only for restaurants but also for the environment. It can also be a great step to creating more accurate inventory management!

Social Media 195

Social Media Loyalty Program Email Marketing Seasonal Menu 195

7 Shifts

JULY 12, 2023

And so now we're paying monthly for these benefits, right, which is a waste of money and they're not using it. And so with analytics, since they're putting all the invoicing, that's even non-inventory items like the security invoices, anything like that, Cintas , okay, they're putting that all there. But we do one-offs.

Front of House 370

Front of House Back of House Take-out Book 370

Apicbase

JANUARY 13, 2023

With smart food ordering — meaning leveraging tech for inventory management and vendor selection — operators can cut down on food waste by 80%. The benefit is even bigger for inventory management — 91% say that automation around inventory/item availability would help them streamline processes and fill business gaps.

2023 52

2023 Operations Management Management 52

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. Advanced inventory management systems, such as Apicbase, ensure your restaurants stay stocked, and food costs are under control.

Technology 52

Technology Operations Point of Sale Online Ordering 52

Apicbase

APRIL 5, 2024

The 2024 Square Future of Restaurants report surveyed thousands of restaurant owners and customers across the United States, Canada, and the UK. And over half of respondents said they plan to spend more on technology and automation tools in 2024. But automation in food service is much more than that.

Back of House 52

Back of House Front of House BOH Point of Sale 52

Apicbase

JULY 17, 2024

According to the 2024 State of the Restaurant Industry Report , 60% of restaurants have shopped for new suppliers to save costs. Determining Demand : Use historical sales data and inventory levels to forecast and determine the necessary quantities of ingredients and supplies.

Operations 52

Operations Food Supply Supplies Inventory 52

Apicbase

JULY 22, 2024

He cited proprietary research that the global food services and facilities management company has conducted on sustainable eating programs, sustainable ingredients, and carbon-neutral dishes, plus partner programs focusing on food waste avoidance and sustainable eating. The software provides answers to managing food waste.

Catering 52

Catering Sustainability Technology Employee Relations 52

Aaron Allen & Associates

MARCH 29, 2024

2024 will be a great year for menu overhauls, not just LTOs. Operational Impacts and Considerations Limited-Service Restaurants introduce new items with a cadence ranging between one new item (either LTOs or permanent) per week to one new item every 10 weeks (based on a sample of nearly 40 chains over the first 10 weeks of 2024).

Innovation 52

Innovation Menu 2024 FOH 52

Apicbase

MARCH 28, 2024

The F&B director works with the order forms, the COO analyses the profit and loss statements, the inventory manager checks the stock counts, the executive chef works in the recipes database and so on. All come with their own data sets and metrics – food cost, inventory variance, sales numbers, the list goes on.

Management 52

Management Management Point of Sale Kitchen Safety 52

Apicbase

SEPTEMBER 12, 2024

Companies must start following the CSRD requirements in 2024, with the first carbon footprint reports due in 2025. These include emissions from food production, packaging, transportation, waste disposal, and employee commuting. Waste management: Collaborate with waste disposal companies to track waste types and amounts.

Operations 52

Operations Transportation Food Supply Sustainability 52

Apicbase

FEBRUARY 6, 2023

Automated inventory management software allows you to easily track stock levels, organise inventory data, and generate food waste reports forecast procurement. As a result, you can improve inventory accuracy, prevent stock issues like stock-outs or excess stock, and save on operating costs.

Delivery 52

Delivery Management Management Online Ordering 52

Qu

APRIL 12, 2024

At Qu, we believe there are 5 AI focus areas that restaurant leaders should consider adopting in 2024: 1. But that leads to higher waste, or worse yet, serving food that might be past its prime usage period. If you prioritize waste reduction, it may end up hurting speed of service. Conversational AI 2. Dynamic Commerce 5.

Webinar 52

Webinar Point of Sale Technology Food Order 52

The Restaurant Times

AUGUST 5, 2022

According to a RedSeer Management Consulting analysis , cloud kitchens would be worth $2 billion in India by 2024, up from $400 million in 2019. Efficient Supply Chain: Figuring out ways to organize the supply chain and stock inventory is one of the most crucial aspects for a cloud kitchen firm. So what are cloud kitchens?

2022 52

2022 Food Supply Customer Service Online Ordering 52

Modern Restaurant Management

FEBRUARY 1, 2021

The integration of technologies such as smart card, RFID (Radio Frequency Identification), VoIP (Voice Internet Protocol), and Wi-Fi, provides features such as sales analytics, inventory management, employee management, invoice management, and capture of electronic signatures. across the top 10 markets globally by 2024.

2021 333

2021 Point of Sale Guest Recovery Travel 333

Modern Restaurant Management

OCTOBER 28, 2024

The future of restaurant success depends on streamlining processes, reducing food waste, and enhancing customer experiences—all while making the most of existing resources. Invest in technology that offers meaningful insights across the board—inventory, sales, customer behavior, and more. The solution? Get back to basics.

Point of Sale 445

Point of Sale Customer Experience Technology 2024 445