7 Shifts

JANUARY 10, 2024

RMSes vary widely in terms of features and functions, but most include point of sale (POS), inventory management, staff management, payroll, employee scheduling, and more. These systems offer a unified solution for sales, inventory, and customer management. Corey Ginsburg (writing for Noble Desktop) explains : “Restaurant analytics.

Management 195

Management Management Point of Sale POS 195

7 Shifts

JULY 25, 2024

Profitability remains a challenge for many restaurants, especially with prices for ingredients and labor going up. Additionally, catering large events can help you manage your inventory more efficiently, reducing food waste and maximizing profit. The high profit on alcoholic drinks gives your restaurant more pricing flexibility.

2024 243

2024 Loyalty Program Point of Sale Online Ordering 243

Lavu

FEBRUARY 14, 2024

A state-of-the-art restaurant POS System, specifically tailored for bars and restaurants, streamlines transactions, inventory management, and customer service, ensuring that business owners can focus on what they do best—serving their patrons. That’s why inventory management is one of the most important features of a good bar POS system.

POS 166

POS Bar Point of Sale Front of House 166

Xtra Chef

DECEMBER 2, 2020

Restaurant inventory management with Excel takes too time and can lose you money. Inventory management with Excel in restaurants is a common food cost control method that helps you order the right amount of food at the right time to minimize waste, reduce food costs, and maximize profits. Here’s a better solution.

Inventory 91

Inventory Management Management Cash Management 91

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

Xtra Chef

SEPTEMBER 16, 2020

Every hospitality vet knows that taking inventory sucks. It’s time-consuming to write down the numbers of every single item in the walk-in by jotting notes on a printout, then transferring the notes to an Excel spreadsheet or directly into an old-school inventory management system. So stop taking inventory the old way!

Inventory 79

Inventory Mobile Ordering Back of House Food Order 79

Restaurant365

JULY 9, 2020

Restaurant inventory management is the process of monitoring the food and beverage ingredients in your restaurant. Monitoring your inventory documents what food and beverage product is coming into your restaurant, what is leaving your restaurant as product sold, and what remains on your shelves and refrigerator. Sitting Inventory.

Inventory 78

Inventory Management Management Food Supply 78

Restaurant365

MAY 20, 2020

Now, more than ever, is the time to optimize food costs by limiting your menu options, creating contract prices with your vendors, and tightening the way you handle your inventory. For items that are in between, such as bargain food items, raise the price of each item to determine if that item should be a keeper or not.

Inventory 148

Inventory Food Order Customer Experience Waste 148

Restaurant365

AUGUST 4, 2020

You invest a large amount of your budget in inventory. When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. Integrating inventory management with accounting facilitates better inventory control. What is restaurant inventory management?

Inventory 78

Inventory Management Management Cash Management 78

Restaurant365

OCTOBER 29, 2021

You can use back-office restaurant technology to support a positive guest experience in areas such as payment, inventory and food costs, and staff scheduling. Tight inventory control ensures menu item availability. With tight inventory control, your team can accurately track inventory and use that data strategically.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

Restaurant365

NOVEMBER 20, 2020

After implementing weekly inventories, Eli’s was generating the data needed to monitor whether menu items were priced correctly. The easy reporting in Restaurant365 allowed Mr. Steinbach to quickly pull food costs and cross-examine menu prices. Schedule a Demo Schedule My R365 Demo.

Demo 148

Demo Point of Sale Cash Management Waste 148

Restaurant365

JULY 21, 2021

When it comes to restaurant inventory, there are a lot of moving pieces. Understanding how to master restaurant inventory management is an invaluable skill. Your inventory control tracks what is coming in and out of your restaurant and what is left over during a certain period of time.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

NOVEMBER 12, 2021

Your restaurant’s menu engineering strategy impacts your menu mix, pricing, and your overall profitability. You can use this information to make changes such as promoting your most profitable items or making ingredient or pricing adjustments that increase individual item profitability. Menu Price Analysis. Menu Item Analysis.

Menu 143

Menu Operations Point of Sale POS 143

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming the rising cost of food. Logistics challenges and labor shortages have fueled rising wholesale food prices. Data from the Bureau of Labor Statistics showed the November Producer Price Index, a measure of prices at the wholesale level, up 9.6% from a year ago.

Inventory 15

Inventory Management Management Food 15

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. Inventory management is a cost management strategy that influences your restaurant food costs , revenue, profitability, and cash flow. But having too little inventory makes it difficult to meet customer demand. Part 2: Why Inventory Management Matters.

Inventory 78

Inventory Management Management Cash Management 78

Restaurant365

MAY 17, 2022

Food inventory management goes way beyond counting the items on the shelves. The most important part of inventory management is understanding how the amount of product relates to your profit margin. Why a POS system is not suitable for inventory management. Best practices for effective food inventory management.

Inventory 78

Inventory Management Management Food 78

Restaurant365

JANUARY 18, 2022

Pre-consumer waste is all food that’s wasted before it gets to the customer, like spoiled inventory and kitchen scraps. Food waste reduction requires some additional work to properly store, monitor, and use inventory ingredients, so employees must be fully invested in the process. Monitor inventory days on hand. Reduce spoilage.

Waste 147

Waste Compost Food Consumer Goods 147

Xtra Chef

JULY 6, 2020

Once you’ve set a date range, the report will generate sales data for you to see exactly how many of each item was sold, the list price of that item, and the price at which that item was actually sold, along with gross and net margin percentages. Get an Inventory Summary Report to analyze opening and closing numbers.

Inventory 126

Inventory Customer Experience Back of House Social Media 126

Xtra Chef

JUNE 25, 2019

Today, we announced that xtraCHEF has reinvented restaurant inventory management software. I wanted to share some thoughts on why we built an Inventory Management product and how our offering is different than any other product available in the market today. Why Build Another Restaurant Inventory Management Software.

Inventory 60

Inventory Management Management Demo 60

Restaurant365

FEBRUARY 22, 2022

Similarly, analyzing your operations data and making critical business decisions regarding labor and inventory can improve operational efficiency. Accurate restaurant inventory management is the key to reducing food waste, and inventory is informed by your restaurant data. Reduce Food Loss. Improve Margins on Menu Items.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

Restaurant365

FEBRUARY 25, 2022

Pay attention to menu costing and pricing. The factors that influence menu pricing are the price you paid for the food as well as delivery fees, interest, and other charges related to purchasing. Gross Profit Per Item = Price – Menu Item Cost. Let’s use the same example above for a menu pricing example. to produce.

2022 148

2022 Menu Seasonal Menu Pricing 148

Lavu

DECEMBER 20, 2019

Catered specifically to those in the restaurant industry as well as to emerging small businesses, Sourcery has the specialized ordering and inventory receipt capabilities that Bill.com lacks. Bill.com Reviews and Pricing. Pricing plans range from $29 to $59 per month per user, with the latter their most popular plan. Some users.

Pricing 78

Pricing Online Ordering Small Business Customer Service 78

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

JANUARY 25, 2022

There is no visibility into line-item details such as units of measure and price fluctuations, or into invoice and payment data. Vendor Price Tracking. With AP automation, your team can track price fluctuation, automating contract price verification to hold vendors accountable. Enables Contract Price Verification.

Front of House 147

Front of House Back of House Audits Pricing 147

Xtra Chef

JANUARY 21, 2021

We all know that tracking food costs is a must, allowing you to quickly identify supplier price changes, maintain accurate prime costs, and identify cost trends to make better business decisions. The most recent ingredient prices for accurate recipe costs. Take inventory counts . It assumes zero breakage, shrinkage, or wastage.

Food 106

Food Waste Inventory Demo 106

Xtra Chef

JULY 15, 2020

Plus, the prices of ingredients are fluctuating frequently due to supply chain and logistical challenges. Although many restaurants calculate plate cost when an item is added to a menu, it only captures the cost of that plate at a specific point in time, ignoring dynamic changes in ingredient pricing.

Management 91

Management Management Food Inventory 91

Restaurant365

DECEMBER 11, 2020

Your suppliers may have experienced fluctuations in prices for ingredients in 2020. Automating this process with a restaurant-specific inventory management system can help you quickly identify vendor pricing errors. First, price every ingredient you purchase, using accurate supplier data.

2021 136

2021 Cash Management Management Management 136

Clover - Restaurants

JUNE 5, 2024

If you’re already taking weekly inventories, this hack probably won’t be super helpful. With this restaurant inventory management hack, you can sustainably manage waste, maximize profitability, and wrangle wiley food costs. Use your most recent invoices for up-to-date product prices. Then, you can look at toppings.

Inventory 52

Inventory Management Management Mobile Ordering 52

Apicbase

JULY 16, 2024

That’s because, next to inventory management, F&B purchasing mistakes are the number #1 reason why operators struggle to get their food costs under control. The goal is maintaining optimal inventory levels without overspending or wasting. The right product… for the right price… at the right time?

Operations 98

Operations Inventory Point of Sale Food Order 98

Restaurant365

JANUARY 27, 2022

QR code menus enable you to easily adjust pricing, change menu items, or add and remove dishes across multiple locations. The ease of making changes to a QR code menu allows you to reduce food waste by adding specials to quickly sell inventory that’s approaching its expiration date. Schedule a free demo of Restaurant365 today.

Mobile Ordering 148

Mobile Ordering Social Media Customer Experience Online Ordering 148

Restaurant365

OCTOBER 31, 2019

Kabob House was established in 2009 with a modest 600-square-foot restaurant in Yakima, Washington, and a commitment to offering delicious and health-conscious Mediterranean cuisine at a reasonable price. For example, in detecting vendor price increases or errors. Schedule a Demo Schedule My R365 Demo.

Back of House 21

Back of House Point of Sale Demo POS 21

Restaurant365

JANUARY 13, 2022

Sourcing locally can also allow restaurants to offer seasonal menus that are often popular enough to bear a higher price, but are less expensive to produce, boosting your bottom line. Schedule a free demo of Restaurant365 today. Healthy twists on comfort foods.

2022 147

2022 Compost Recycling White Paper 147

Restaurant365

JULY 24, 2020

Factor Delivery Costs into Your Ghost Kitchen Menu Prices. Include a portion of the delivery costs in your food prices to ensure your ghost kitchen makes a profit. 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

Restaurant365

NOVEMBER 26, 2019

In addition to cost savings and increased security, cloud-based systems also provide deeper insight by integrating several different functionalities (like accounting, scheduling, inventory, and reporting) across multiple locations, all in one centralized platform. Streamlined inventory management. Automated tracking of sales and taxes.

2020 117

2020 Management Management Mobile Ordering 117

Restaurant365

NOVEMBER 21, 2019

The solution offers not just accounting but inventory management and scheduling as well. It would be hard to overstate how much value we have gotten from Restaurant365,” said Mr. Now, we’re getting line-item detail, like crab prices and the cost of lettuce. In fact, R365 has helped HOUSEpitality Family cut its food costs by 1%.

Food 15

Food Demo Point of Sale Pricing 15

Restaurant365

OCTOBER 31, 2019

The high-quality, moderately priced menu features local and regional ingredients such as premium chiles straight from New Mexico — including the unique but hard-to-find green Hatch chile. I have all the details and all the data I need, including the history of all purchase prices.”. Schedule a Demo Schedule My R365 Demo.

Demo 17

Demo Cash Management Back of House Inventory 17

Focus POS

JUNE 17, 2019

Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations. Monitor sales, inventory, and labor at any or all locations, and even do A/B testing of new menu items or promotions. Benefits of Restaurant Point of Sale Software. What is my budget?

Point of Sale 113

Point of Sale Cash Management POS Franchise 113