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Table stakes today requires a POS system that fully integrates and automates: Inventory management – recipe management and COGS insights. Restaurant design footprint will fundamentally change with more BOH kitchen size needed and less FOH seats as more people gravitate toward digital and delivery.
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.
The best way to achieve this is by equipping the front and back-of-house (BOH) staff with efficient tools such as a kitchen display system (KDS) and a point of sale (POS) system. trillion in revenue due to food waste by 2030. The more clients you serve for each service, the more profit you stand to make.
billion by 2030. billion by 2030. Toast , 2023) 58% of operators said that rising inventory costs was their number one source of financial strain in 2023. Touchbistro , 2024) Cost is not the only inventory challenge: For 24% of operators, the biggest problems in 2023 were ingredient shortages and supply chain disruptions.
Concession owners will be able to take advantage of the collective buying power of your franchise to negotiate lower inventory prices, reduced delivery costs, and discounts from suppliers. Selecting the right tech will ensure BOH and FOH efficiency for years to come, but it will also help your business scale faster and more efficiently.
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