The Restaurant Times

AUGUST 31, 2020

Beginning Inventory + New Inventory Purchased – Ending Inventory = Total Food Usage in a particular period. . The period cost can determine food cost, beverage costs, and merchandise cost. Make sure that you are comparing the right inventory and purchase period to the correct sales period. .

Inventory 52

Inventory Management Management Food 52

Squirrel Systems

MAY 17, 2024

Cost Management : Monitor costs, including food, labor, and overhead. Look for opportunities to negotiate better terms with suppliers and optimize inventory management. This could include offering catering services, launching a food truck, or selling branded merchandise.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

Restaurant365

MAY 7, 2020

General managers and restaurant owner/operators should create checklists for crew and managers to use during their shifts. This will streamline your inventory and give you better visual access to your shelves. Managing Food Pick Up and Delivery. Install sneeze guards at cash registers.

Food Safety 142

Food Safety Cash Management Social Media Point of Sale 142

Deliverect

MARCH 17, 2020

This solution pushes your delivery orders to your point-of-sale system, so you can easily manage your online sales channels. When handling cash payments - which you should try to avoid as much as you can - wear disposable gloves. …. It can also be challenging to manage cancelled reservations.

Online Ordering 146

Online Ordering Merchandise Food Website Management 146

BNG Point of Sale

OCTOBER 8, 2021

When you think of a point of sale POS system in retail, a cash register likely comes to mind. A similar tool not only rings up merchandise, it improves sales, service, and the way your business functions. Let’s take a closer look at its benefits: Smartphones and Portable Devices Lighten the Load on Your Cash Register.

Retail 52

Retail POS Mobile Ordering Cash Management 52

BNG Point of Sale

OCTOBER 13, 2021

Inventory Management Support. Owning a convenience store is a time-consuming business, and it’s easy to lose track of crucial inventory information and stock management. With access to real time data and inventory management, your POS can help you reduce inventory costs and out-of-stock merchandise, at no extra cost.

POS 52

POS Point of Sale Cash Management Inventory 52

EATER

AUGUST 20, 2024

Jing had to invest in an EDI system, or electronic data interchange, to communicate inventory and billing information with Walmart, something many start-ups don’t have. In particular, the company has been open about its desire to attract a more affluent customer base , the kind of shoppers who have extra cash to drop on premium condiments.

Retail 109

Retail Point of Sale Food Supply 2023 109

BNG Point of Sale

JUNE 19, 2020

Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system.

Point of Sale 75

Point of Sale Mobile Ordering POS Merchandise 75

Lavu

MARCH 27, 2020

The words “restaurant management system” rarely cause excitement. While service and food remain the most important parts of driving your business, your restaurant’s management system is what keeps it running smooth and healthy. Restaurant Management Is Evolving Rapidly Too. A Historical Look at the Evolving Restaurant.

Point of Sale 78

Point of Sale Front of House Mobile Ordering Online Ordering 78

Rocket Fuel

JULY 12, 2022

Managing any business requires some number crunching, but when it comes to tracking profits, few businesses are as complex as restaurants. ” Other restaurant owners may utilize software to manage data from their stores, and that software should be able to create P&L statements on its own. Don’t do nothing.

Cash Management 52

Cash Management Download Merchandise Audits 52

BNG Point of Sale

JUNE 19, 2020

Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system.

Point of Sale 45

Point of Sale Mobile Ordering POS Merchandise 45

Apicbase

JUNE 16, 2023

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. Get a 360-view of your sales & inventory data Adopt restaurant analytics software.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Touch Bistro

JUNE 17, 2021

A POS terminal is the electronic device that your POS software runs on and features a digital interface that staff can use to manage transactions. While barcode scanners are more frequently associated with retail businesses, they are often used by restaurants as well – especially those that sell prepackaged foods or merchandise.

POS 52

POS Cash Management Mobile Ordering Front of House 52

Notch

JANUARY 23, 2019

And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. So when you’re trying to manage your profits and losses, what you’re really doing is: weighing your risks, developing contingency plans—and mitigating the factors you can’t account for, by focusing on the ones you can.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Notch

JANUARY 23, 2019

And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. So when you’re trying to manage your profits and losses, what you’re really doing is: weighing your risks, developing contingency plans—and mitigating the factors you can’t account for, by focusing on the ones you can.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

BNG Point of Sale

JULY 16, 2021

For example: merchandising at your location or online sales of food items; consumer packaged goods such as dinnerware, cookbooks, aprons; phone orders where you take credit card information on-site to charge later when the delivery arrives. What Is Restaurant Revenue? Average Restaurant Revenue for a Second Location.

Point of Sale 52

Point of Sale Seasonal Menu Customer Service Cash Management 52

Mad Mobile

MARCH 8, 2024

They don’t have to wait for a server, and they don’t have to feel rushed to cash out at the end of their experience. Most systems give you access to real-time data about your inventory and integrate with business apps that help you with restaurant management duties. You’ll also have the power to explore new revenue streams.

Ordering 40

Ordering POS Online Ordering Mobile Ordering 40

Modern Restaurant Management

NOVEMBER 1, 2024

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of how restaurants are a saving grace for malls, the economic impact of Taylor Swift in town, and how influential reviews can be. Inflation (or the increased costs of goods and services) is still a top pain point for operators (15 percent).

2024 88

2024 Point of Sale Fast Casual Mobile Ordering 88

Modern Restaurant Management

MAY 12, 2020

The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When Contactless Order & Pay provides operators with a safe, contact-free solution for in-service experiences, helping them manage labor costs and keep their employees safe.

Mobile Ordering 150

Mobile Ordering Online Ordering Food Order Hospitality 150