Restaurant365

SEPTEMBER 10, 2021

However, in between all these tasks, it is critical to devote time and energy into accurate and consistent inventory management. Inventory management tracks what’s going in and out of your restaurant for a specific period, and what product is in your restaurant at any given time. Let’s dive into some helpful tips.

Inventory 138

Inventory Management Management Point of Sale 138

Lavu

FEBRUARY 28, 2025

These reports help you understand sales trends, manage inventory, optimize staffing, and improve customer satisfaction. Product Mix Reports : Identify bestsellers and underperforming items to optimize your menu and reduce waste. Over time, these insights can inform decisions about staffing, inventory, and menu tweaks.

POS 78

POS Point of Sale Inventory Cash Management 78

7 Shifts

FEBRUARY 8, 2024

Payroll can be a huge chore in this industry due to its time-sucking nature, and other accounting needs like inventory and budget management aren't exactly easy (or exciting). Get a Demo 6. BevSpot BevSpot is a food and beverage management software that handles inventory management, ordering, invoicing, and sales data.

Management 352

Management Management Operations Mobile Ordering 352

Xtra Chef

NOVEMBER 18, 2020

Food waste is a serious environmental and humanitarian issue. But restaurant food waste poses a huge problem for overall profitability in the business: The U.S. Department of Agriculture estimates that restaurants waste $162 billion in food each year. After all, when food is wasted at a restaurant, money and profits are, too.

Waste 110

Waste Food Front of House Compost 110

Restaurant365

OCTOBER 16, 2019

When most restaurant owners think about how to manage restaurant inventory, they think of food cost control. For restaurant owners, inventory control is closely related to accounting and food cost management. The nuts and bolts of restaurant inventory management. Inventory tracking also includes product transfers between stores.

Inventory 113

Inventory Management Management POS 113

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. If it’s not on the shelf, it can’t be stolen, spoiled or wasted. Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

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. Reduced costs Waste is everywhere in the restaurant industry.

Management 195

Management Management Point of Sale POS 195

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. Reduced costs Waste is everywhere in the restaurant industry.

Management 195

Management Management Point of Sale POS 195

Modern Restaurant Management

APRIL 25, 2024

Differentiate the Experience Don’t just think of the patio as an extension of your dining room—it’s prime real estate for collaborations, parties, pig roasts, oyster-shucking demos, and so much more. By curating special packages and unique events, operators can elevate the al fresco offering and encourage repeat visits.

Outdoor 221

Outdoor Seasonal Menu Seating Dine-in 221

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

7 Shifts

JULY 25, 2024

This way, you reduce food waste and generate revenue from products that would otherwise go unused. Additionally, catering large events can help you manage your inventory more efficiently, reducing food waste and maximizing profit. 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

AUGUST 5, 2020

While xtraCHEF had previously integrated with Toast to enable robust cost-of- goods sold (COGS) reporting, budgets and inventory management features for restaurants, the company recently introduced these two new products that any Toast customer can use free-of-charge as part of the preferred partnership agreement. Wellness Platform.

Food Safety 528

Food Safety Mobile Ordering Online Ordering Kitchen Safety 528

Restaurant365

JULY 14, 2021

Restaurant food waste is a pressing topic in the food and restaurant industry. ” However, the impact of food waste doesn’t just stop at landfills. ” However, the impact of food waste doesn’t just stop at landfills. Are you ready to see what you can implement to start reducing your restaurant food waste?

Waste 78

Waste Compost Food Inventory 78

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

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

Rocket Fuel

MARCH 26, 2025

Whether its food waste, employee theft, delivery mistakes, or missed prep tasks, small breakdowns can quickly turn into big losses. Every penny of wasted ingredients adds upespecially at scale. Discover how Detect can protect your margins Book a demo! And in 2025, those losses are avoidableif you know where to look.

2025 52

2025 Cash Management Coaching Demo 52

Restaurant365

NOVEMBER 20, 2020

After implementing weekly inventories, Eli’s was generating the data needed to monitor whether menu items were priced correctly. “We can judge our team’s performance on whether they’re actually following the recipe, generating too much waste, and where the waste is coming from.

Point of Sale 148

Point of Sale Demo Cash Management Waste 148

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. Manage Your Inventory. The key to gaining the most out of your inventory is how you reduce variances and tighten processes. WATCH THE WEBISODE.

Inventory 148

Inventory Food Order Customer Experience Waste 148

Restaurant365

JULY 21, 2021

When it comes to restaurant inventory, there are a lot of moving pieces. How do you keep track of all these different shipments and ingredients to minimize food waste, ensure you are prepared for service, and optimize what you’re spending on your ingredients? Are you interested in improving how your restaurant runs inventory?

Inventory 78

Inventory Management Management Waste 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. If it’s not on the shelf, it can’t be stolen, spoiled or wasted. Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

7 Shifts

MARCH 10, 2022

Their impressive list of features also includes the ability to make real-time menu and inventory changes and to split bills - a task that often produces splitting headaches - with ease. Get a Demo. More accurate forecasts result in less food waste, more accurate labor costs, and an overall better guest experience.

Management 195

Management Management Operations Point of Sale 195

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

FEBRUARY 22, 2022

There’s sales and customer data, labor performance data, and even data telling you how much food you waste. Similarly, analyzing your operations data and making critical business decisions regarding labor and inventory can improve operational efficiency. But merely gathering the data offers little value. Reduce Food Loss.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming the rising cost of food. As the rising food cost trend continues, it’s time to tighten your inventory control. Automate manual restaurant inventory processes. Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste.

Inventory 15

Inventory Management Management Food 15

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

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance. Actual Food Cost (COGS).

Inventory 78

Inventory Management Management Merchandise 78

Lavu

FEBRUARY 28, 2025

Ingredient-Level Inventory Tracking Keeping an eye on ingredients is critical to controlling costs. Systems like Lavu provide detailed tracking for individual toppings and ingredients, helping reduce waste and improve purchasing efficiency. Managers can also access reports, adjust menus, and monitor inventory remotely.

POS 60

POS Dietary Restrictions Online Ordering Delivery 60

Focus POS

MAY 5, 2020

In the back office, the right system can save hours by automating scheduling, payroll, inventory, and more. If you aren’t convinced, here are five reasons why you should implement POS technology this year: Simplify Inventory Control. Inventory—ingredients and beverages—top the list of the costliest budget items for a restaurant.

POS 120

POS Mobile Ordering Point of Sale Inventory 120

Xtra Chef

JANUARY 21, 2021

The difference between actual and theoretical food cost is known as food cost variance, which is caused by several factors: Theft, or shrinkage , which is often more prevalent in restaurants that don’t have proper restaurant inventory management controls and systems. Take inventory counts . Track food waste .

Food 106

Food Waste Inventory Demo 106

Restaurant365

DECEMBER 11, 2020

This way, you can take immediate action on issues like incorrect portions or food waste (explored below). Automating this process with a restaurant-specific inventory management system can help you quickly identify vendor pricing errors. For food waste in particular, tracking the variance can lead you to the root cause of the issue.

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2021 Cash Management Management Management 136

Hot Schedules

OCTOBER 4, 2019

Managing Inventory — and Your Time . Aside from the cost of the items themselves, there are many expenses associated with managing inventory. What happens when something is ordered that then goes to waste? What happens when something is ordered that then goes to waste? Find one that works for . Another Way.

Inventory 60

Inventory Management Management Demo 60

Margin Edge

SEPTEMBER 23, 2019

Keeping tabs on your ingredient usage, in turn, is difficult without control of your inventory. The goal, then, is to find your own “sweet spot” where your food cost savings pay for the time you spend counting inventory. Good Inventories Are a Practical Necessity. Define Your Ideal Inventory Cycle.

Inventory 69

Inventory Employee Relations Food Order Waste 69

Restaurant365

JANUARY 21, 2022

Fast Facts: Food related waste, including straws, cutlery, and takeout containers, make up more than 60% of the most commonly collected items at the International Coastal Cleanup (ICC). Schedule a free demo of Restaurant365 today. 60% Americans would support local ordinances improving recyclability standards for takeout containers.

Sustainability 147

Sustainability Recycling Compost Small Business 147

Restaurant365

JULY 24, 2020

Control Inventory for Your Virtual Kitchen. Managing your restaurant inventory helps you prevent waste, lower your food cost, and increase your bottom line. Inventory management is especially critical when operating a ghost kitchen. Initially, you’ll want to lower stock inventory. Market Your New Channel.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Restaurant365

SEPTEMBER 23, 2021

For instance, since restaurants primarily sell food and drink, inventory turns over at a very frequent rate, and sales are made up of a high number of transactions. Between inventory, sales, and other data points like labor, restaurants generate an enormous amount of data. Schedule a free demo of Restaurant365 today.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

NOVEMBER 12, 2021

When your POS system is fully, seamlessly integrated with your inventory management system, you can use that data in your menu engineering strategy. Recipe costing pulls up-to-date numbers from your Inventory managemen t software , plus sales information from your POS system. Schedule a free demo of Restaurant365 today.

Menu 143

Menu Operations Point of Sale POS 143