Open for Business

SEPTEMBER 2, 2024

Use inventory management software to track usage and reduce waste. Look into local energy-saving programs that might offer rebates or incentives. A well-designed loyalty program can increase visit frequency and average spend while fostering a sense of connection with your restaurant. Embrace AI.

Point of Sale 78

Point of Sale Seasonal Menu Customer Service Small Business 78

Notch

JANUARY 23, 2019

Conduct daily inventories. Unfortunately, employees or even suppliers and other guests may help themselves to your inventory in all sorts of ways if the opportunity arises. They can help you to track everything from table turnover rates, to trends, to employee hours, to inventory so you don’t overspend. Use purchase orders.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Squirrel Systems

MAY 17, 2024

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. They provide detailed sales reports, inventory tracking, and guest data.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

BNG Point of Sale

OCTOBER 8, 2021

A similar tool not only rings up merchandise, it improves sales, service, and the way your business functions. Additionally, it logs cash payments and honors gift cards and loyalty deals which aid customer conversion. Immediate Access to Inventory. Access to inventory quickens the shopping and purchasing process.

Retail 52

Retail POS Mobile Ordering Cash Management 52

MBB Hospitality

NOVEMBER 28, 2023

These narratives build customer loyalty and can be the defining factor that keeps your tables filled. This includes optimizing your inventory to reduce waste, negotiating with suppliers for better rates, and employing technology to streamline operations. Use data analytics to understand dining trends and optimize menu offerings.

Loyalty Program 52

Loyalty Program Customer Service Customer Experience Social Media 52

The Restaurant Times

DECEMBER 22, 2021

Even billboards continue to attract diners, but how can you attract and capture the next generation’s attention and loyalty? A steady increase in the number of customers and order frequencies meant a steady increase in the GMV (gross merchandise value) of restaurants. . What Are The Features You Need? How Much Does A Pos System Cost?

License 52

License POS Loyalty Program Point of Sale 52

Notch

JANUARY 23, 2019

Conduct daily inventories. Unfortunately, employees or even suppliers and other guests may help themselves to your inventory in all sorts of ways if the opportunity arises. They can help you to track everything from table turnover rates, to trends, to employee hours, to inventory so you don’t overspend. Use purchase orders.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Apicbase

OCTOBER 14, 2022

This number reflects the unit’s total food, beverage, and merchandise sales through all the different revenue streams. Create an upselling program. To calculate your actual food cost, add the value of your starting inventory and your purchases, and then subtract the value of your ending inventory from the total.

Franchise 52

Franchise Franchising Online Ordering Loyalty Program 52

BNG Point of Sale

JUNE 29, 2021

To get your CoGS for a given time period, take the value of your beginning inventory for a specific span of time, including any recent purchases. Then minus this total of your ending inventory. Beginning Inventory + Purchases – Ending Inventory = CoGS. If it fits your business model, make room for merchandise.

Customer Service 52

Customer Service POS Point of Sale Food Truck 52

BNG Point of Sale

AUGUST 27, 2021

To calculate your restaurant’s gross profit, you need to subtract the total cost of goods sold (COGS) for a specific period from your total revenue (your total food, beverage, and merchandise sales). Offer a loyalty program and promote your restaurant on social media channels. .

Point of Sale 52

Point of Sale Customer Service Social Media Online Ordering 52

Apicbase

MARCH 17, 2023

You can use technology to optimise or automate various tasks , such as inventory management and ordering, which helps reduce errors and increase efficiency. Restaurant tech enables you to collect and analyse data on everything from sales and customer behaviour to inventory levels and food production.

Customer Experience 52

Customer Experience Consumer Goods Customer Service Food Supply 52

Mad Mobile

MARCH 1, 2024

Inventory management integration Creating your digital menu in your tablet-based POS system makes it possible to track food usage more accurately. For instance, CAKE easily integrates with Orca , a leading inventory management system. Tablets bring new possibilities to the table!

Seasonal Menu 40

Seasonal Menu POS Customer Experience Loyalty Program 40

Apicbase

JUNE 16, 2023

By regularly tracking his inventory and procurement metrics, Fabio was able to reduce his kitchens’ food costs by 18%. Get a 360-view of your sales & inventory data Adopt restaurant analytics software. Inventory Turnover Ratio This restaurant inventory metric measures how often your business depletes its total inventory.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 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

Modern Restaurant Management

AUGUST 19, 2020

The ability to mine customer data and distill insights that drive loyalty, and perhaps more importantly trust, will become necessary as we emerge from the pandemic. There are a number of technologies that can be deployed to address both areas and can be integrated into existing loyalty programs.

Kitchen Safety 567

Kitchen Safety Food Safety Loyalty Program Technology 567

Modern Restaurant Management

OCTOBER 8, 2020

A company has multiple ways in which it can design the perfect food program for its employees, students, or clients. Revel Enterprise also simplifies and automates how Pizza King calculates ingredient-level inventory and labor costs. ” Lunchbox News. GoTab Integrates with 7shifts. GoTab, Inc. Impact App.

Kitchen Safety 386

Kitchen Safety Online Ordering Food Safety Point of Sale 386

SpotOn

DECEMBER 30, 2024

This is all the income from your food and beverage sales, catering, branded merchandise, packaged goods, venue hire, etc. Your Cost of Goods Sold are your food and beverage costs along with the cost of any merchandise you sell. Inventory management software does that for you. Labor costs. Overhead costs. No high commissions.

Operations 52

Operations Loyalty Program Online Ordering Fast Casual 52

Modern Restaurant Management

APRIL 1, 2025

Nearly half (47 percent) of diners say they engage with loyalty programs at least once a week, up significantly from just 34 percent in 2023. To improve retention, operators are focused on technology that delivers structured onboarding programs, leadership development, and real-time feedback tools.

Pricing 251

Pricing Technology 2025 Point of Sale 251

Modern Restaurant Management

MARCH 4, 2025

In one case, Incognia identified a single Samsung device that accessed over 200 accounts to fraudulently return more than $5,000 worth of stolen merchandise. The fraudster then likely resold the items to double their profits. percent and 2.9 percent, respectively. First, it significantly increased Monday visit counts versus recent months.

2025 221

2025 Delivery 2024 Point of Sale 221

Modern Restaurant Management

JULY 1, 2021

They don’t have the luxury of time or space to check emails on a computer, join a town-hall meeting with the CEO, and other programs/activities that only office workers can have access to. Twenty-four percent more chain QSR customers reported using at least one restaurant’s loyalty program on April 22 than did on January 22.

2021 386

2021 Loyalty Program Mobile Ordering Consumer Goods 386

Modern Restaurant Management

NOVEMBER 1, 2024

Turning Tides: Restaurants Continued Navigativating Inflation In response to inflation, operators said they: adjusted food suppliers (37 percent), tracked ingredient prices (36 percent), increased menu prices (34 percent), managed a leaner inventory (32 percent), and reduced their menu sizes (26 percent). The average ticket size grew by 2.6

2024 221

2024 Point of Sale Mobile Ordering Consumer Goods 221