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Predictive Analytics for Reducing Food Waste in Restaurant Supply Chains

The Rail

While the cost of food waste isn’t a secret , you probably overlook it, considering it a part of doing business in this industry. It can help you fix discrepancies in ordering and inventory management , minimizing food shrink. The consumer price index for restaurant food costs increased by 7.7% What else can it do for you?

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Ultimate Guide To Restaurant Cost Of Goods Sold (COGS) in 2024

7 Shifts

The cost of goods sold (COGS) is a restaurant metric that shows you the cost of all ingredients used to prepare a menu item, including the food, beverage costs, and other direct expenses. Ingredients and labor take up most of your COGS, but other factors like packaging, portion, and menu also play a role.

2024 195
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Before You Start Your Food Truck Business, Do These 5 Things

Restaurant Engine

Follow these tips to get your food truck off the ground. Did you know the market size for the food truck industry was more than $2.2 So, if you’re dreaming of starting your own food truck, you’re in the right place. Convenience is key, and your new food truck can leverage this trend.

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CHEFS – MENUS FOR 2021 AND BEYOND

Culinary Cues

By now, everyone is aware that there are enormous challenges with the supply chain – brought on by the pandemic and post pandemic rush to return to normal. So, here we are facing overnight demand (it’s like everyone turned on the open switch at the same time) that exceeds supply and our ability to deliver.

2021 500
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AN EVEN BIGGER THREAT TO RESTAURANT SURVIVAL

Culinary Cues

But not enough attention is being given to the issues surrounding the supply chain and the lack of real solutions. Think of the impact on supply that this creates now and in the future. [] GROWING POPULATION: While numerous factors impact food supplies, the world population continues to grow and so too does the demand for those products.

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THE 2021 CHEF SKILL SET

Culinary Cues

Chefs who are able to develop systems of production that work with fewer people will find a gold star on their resume. [] STREAMLINED MENU PLANNING. Chefs who are able to generate, assess, and use analytical data in their decision-making (menu trends, cost trends, daily labor analysis, market prices, etc.) If this is your M.O.

2021 466
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34 Restaurant Marketing Ideas: How To Market Your Restaurant in 2024

7 Shifts

In 2020, the number of establishments in the food and beverage industry was estimated to be 23.1 You can give your customers 1 point for every $10 they spend at your restaurant (the price point depends on how much you're selling your food and beverages; just make sure to set an achievable price).

Marketing 195