Modern Restaurant Management

OCTOBER 18, 2019

Winnow Raises $20M to Fight Food Waste. The company, with US offices located in Iowa City, has recently made headlines in the country, having been selected as a food waste innovator and recipient of the Zero Hunger | Zero Waste Kroger Foundation Grant. 63 million tons of food is wasted every year. ” Marc Zornes.

Waste 104

Waste Food Franchise Franchising 104

Restaurant365

SEPTEMBER 10, 2021

The data from inventory management can help you place more accurate orders, calculate exact food costs, make informed menu changes, and address potential sources of food waste. Your inventory system can automatically pull sales information to track theoretical inventory. As a store-level manager, you always have a lot on your plate.

Inventory 138

Inventory Management Management Point of Sale 138

Restaurant365

NOVEMBER 20, 2020

Background. Eli’s Restaurant Group is a family of restaurants that’s called Connecticut home for more than two decades. With six restaurant locations and a catering arm, Eli’s Restaurant Group shares the vision that upscale American cuisine can be combined with a friendly, inviting atmosphere. “What should I charge for this?

Demo 148

Demo Point of Sale Cash Management Waste 148

Restaurant365

AUGUST 19, 2021

Every time your restaurant buys, counts, transfers, or wastes inventory, it must be entered as a journal entry in your accounting general ledger. Every time your restaurant buys, counts, transfers, or wastes inventory, it must be entered as a journal entry in your accounting general ledger. Understanding restaurant accounting basics.

Inventory 147

Inventory Management Management Employee Relations 147

Restaurant365

FEBRUARY 22, 2022

There’s sales and customer data, labor performance data, and even data telling you how much food you waste. Your restaurant sales data holds the keys to how successful your restaurant group can be, if you use this business intelligence to drive your decisions. Are you using restaurant analytics?

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

Restaurant365

JANUARY 4, 2022

Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste. To ensure efficiency, a restaurant inventory management system that is fully integrated with your point of sale (POS) system can streamline and automate as much of the inventory process as possible. from a year ago.

Inventory 148

Inventory Pricing Management Management 148

Restaurant365

JANUARY 7, 2022

Upgrading to a handheld point-of-sale device will save your servers valuable time when taking guest orders. Plus, soups are a great way to use leftover meats and vegetables that are close to expiration, reducing food waste (and the profit margins on these items can be huge). Add warmth and ambience with fireplaces and heaters.

Outdoor 148

Outdoor Seasonal Menu Point of Sale Dine-in 148

Focus POS

MAY 5, 2020

Bad decisions can cost big bucks in lost income and waste, so it’s smart business to monitor inventory levels, expiration dates, and reorder at the appropriate time. Robust reporting functions included in a restaurant point of sale system are the key to managing your business efficiently and profitably.

POS 120

POS Mobile Ordering Point of Sale Inventory 120

Restaurant365

DECEMBER 11, 2020

operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.) For instance, you may need to proactively adjust your labor to meet a seasonal drop in sales, or plan for the best time to spend cash on any needed maintenance or upgrades. over a certain period of time.

2021 136

2021 Cash Management Management Management 136

Restaurant365

NOVEMBER 12, 2021

You are already generating data about your food cost, menu items, and sales levels. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix.

Menu 143

Menu Operations Point of Sale POS 143

Restaurant365

OCTOBER 29, 2021

During the COVID-19 pandemic, restaurants implemented new safety measures designed to encourage social distancing and limit points of contact. To support this effort, your point of sale (POS) system, your payment methods, and your restaurant accounting system should all be fully integrated. Leveraging QR Codes & Mobile Pay.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

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. What specific issues do restaurants face in accounting?

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

OCTOBER 16, 2019

When tightly integrated with both the accounting system and POS system, inventory tracking is a more useful, accurate tool that can be used to lower cost of goods sold (CoGS), minimize food waste, and better allocate ingredients. When most restaurant owners think about how to manage restaurant inventory, they think of food cost control.

Inventory 113

Inventory Management Management POS 113

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf.

Inventory 103

Inventory Management Management Waste 103

Restaurant365

NOVEMBER 18, 2021

You receive time in your Point of Sale (POS) system. From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. This two-part blog series presents an overall guide to the essentials of payroll accounting for restaurant groups.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Apicbase

MARCH 3, 2023

Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. This end-to-end solution uses data from your POS to provide insights into sales, food costs, menu engineering and inventory management. Restaurant technology has come a long way.

Point of Sale 52

Point of Sale POS Management Management 52

Restaurant365

OCTOBER 31, 2019

There’s nothing like business success to highlight the weaknesses inherent in manual processes and point solutions. Overall, we’ve saved about 5% on labor as a percentage of sales.” At the same time, Kabob House has been able to reduce food costs by 6% of sales, from 32% to 26%. All-in-one Accounting.

Back of House 21

Back of House Point of Sale Demo POS 21

Restaurant365

JUNE 22, 2021

Training your store-level managers and your kitchen staff about food waste reduction is critical to improving overall Cost of Goods Sold (CoGS). Training your store-level managers and your kitchen staff about food waste reduction is critical to improving overall Cost of Goods Sold (CoGS). Train your store-level managers.

Compost 88

Compost Food Waste Front of House 88

Modern Restaurant Management

SEPTEMBER 14, 2021

New & Notable spotlights the latest news restaurateurs need to know. TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more.

Food 173

Food Tip Distribution Guest Recovery Food Safety 173

Restaurant365

JULY 21, 2021

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? This means that for restaurant owners and operators, the budget you have invested in product can quickly go to waste if inventory control isn’t top of mind.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

JUNE 15, 2021

Your restaurant is constantly generating data, whether from your sales revenue, food costs, or labor hours. You may have a hunch that you are doing fewer table turns on the weekend, or that your inventory has gotten wasteful recently. Optimizing your inventory turnover rate allows you to avoid waste and maintain quality standards.

BOH 78

BOH FOH Back of House Point of Sale 78

Restaurant365

APRIL 30, 2020

When someone places an order, sends a delivery ticket to the kitchen, or takes inventory, valuable data points are created that can inform bigger insights. By using analytics, fueled by sales data pulled from your POS system, you can identify your most popular items. Although these two terms are similar, they are not interchangeable.

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78

Restaurant365

AUGUST 6, 2021

Restaurant forecasting leverages historical revenue data, information about current conditions, and knowledge of external events to help project future sales levels. With restaurant restrictions and shifting customer behaviors, restaurants in 2020 and much of 2021 faced fluctuating sales and revenue levels.

Point of Sale 78

Point of Sale Inventory 2021 Waste 78

Restaurant365

NOVEMBER 19, 2020

Once you know this recipe costing breakdown, you can examine sales margins on menu items. But you also want to know how much inventory you are actually using when an employee pushes a button on your point of sale (POS) system. Your restaurant food cost is pivotal to your business’ financial success.

Food 78

Food Point of Sale Inventory Waste 78

Restaurant365

JANUARY 21, 2021

Your food cost percentage is this food cost number as a percentage of sales. You can calculate your food cost percentage on the store level at each of your locations, comparing your overall inventory CoGS to your sales, or on an individual dish level. Your restaurant group is looking to the new year and making plans.

Food 78

Food Inventory Point of Sale Waste 78

Restaurant365

DECEMBER 16, 2021

Sales reports. Your sales reports are a foundational piece of your operational reporting strategy. The details in your sales reports can help you track performance across multiple store locations, or in one location over time. Daily Sales Summary. Weekly Review by Location. Food-related operational reports.

Operations 78

Operations Point of Sale Employee Relations Waste 78

Restaurant365

MAY 17, 2022

Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. A POS system is excellent at collecting sales and labor data. That’s great.

Inventory 78

Inventory Management Management Food 78

Restaurant365

JANUARY 13, 2021

When you are able to lower your prime cost, even by a few percentage points, that is profit added back directly to your bottom line. Know Your Optimum Sales and Number of Customers Served Per Labor Hour for Each Day Part. This sales per labor hour (SPLH) metric is a key measure of the productivity of your staff.

Management 15

Management Management Point of Sale Food Supply 15

Restaurant365

JANUARY 13, 2021

When you are able to lower your prime cost, even by a few percentage points, that is profit added back directly to your bottom line. Know Your Optimum Sales and Number of Customers Served Per Labor Hour for Each Day Part. This sales per labor hour (SPLH) metric is a key measure of the productivity of your staff.

Management 78

Management Management Point of Sale Food Supply 78

Margin Edge

JULY 10, 2019

Yet that is how much of a chef or restaurateur’s time is spent: manually entering invoices, taking inventory counts with paper and a clipboard or reviewing sales results from a point-of-sale system and trying to reconcile them with the purchasing and food cost data kept separately on spreadsheets.

Management 74

Management Management Point of Sale 2019 74

Modern Restaurant Management

APRIL 2, 2020

Restaurant employees can apply online to receive a one-time, $500 check to use toward bills, including housing, transportation, utilities, childcare, groceries, medical bills and/or student loans. The Foundation will administer the grants, offered on a first-come, first-served basis. Live in the U.S., an overseas U.S. military base, or any U.S.

Healthcare 206

Healthcare Employee Relations Online Ordering Customer Service 206

Apicbase

JULY 16, 2024

Especially when you’re running point on purchasing for a multi-outlet operation. The goal is maintaining optimal inventory levels without overspending or wasting. Food and beverage purchasing is a process that leads you towards your goal, and that goal can be summarised as —> don’t run out, don’t waste, keep a lid on food costs.

Operations 98

Operations Inventory Point of Sale Food Order 98

Restaurant365

OCTOBER 30, 2020

Daily issues with your inventory control can lead to food waste levels that skew your monthly margins. Restaurants carry lots of inventory that is perishable, so an investment in inventory can quickly be wasted if it isn’t managed correctly. In a restaurant, there’s always something that needs to be done.

Operations 78

Operations Management Management Inventory 78

Restaurant365

APRIL 16, 2021

As a whole, restaurant profit margins are much lower than other industries, due to perishable item waste, staff turnover, seasonality, and other factors. When calculating your restaurant profit margin, keep these details in mind: First, your profit is a way to understand what percentage of your sales turned into profits. Net Profit.

Loyalty Program 88

Loyalty Program Point of Sale Guest Recovery Seasonal Menu 88

Cheetah

DECEMBER 15, 2020

First things first: Request a demo for your distribution business! Why waste time and money on a long and expensive development process when we’ve already done it for you? Simply pick whatever combination of features will best support and enhance your sales team and create a better customer experience.

Online Ordering 78

Online Ordering Food Point of Sale Customer Experience 78

Margin Edge

AUGUST 6, 2019

Verify Food Usage Against Your Sales and Ordering. Even the most experienced chefs can find that they’re using significantly more of an ingredient than their sales would suggest, and that can point to an operational difficulty of some kind. Creating recipes and setting your initial menu pricing is Restaurant 101.

Dine-in 69

Dine-in Food Point of Sale Seasonal Menu 69