Modern Restaurant Management

SEPTEMBER 1, 2023

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Below are the top seven inventory management mistakes restaurants are making, and how to correct them.

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Modern Restaurant Management

MARCH 11, 2025

Furthermore, digital tools for inventory and labor management became crucial for navigating supply chain disruptions and staffing challenges. Through our POS and Commerce Platform, we've uniquely addressed these challenges with our solutions.

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ChowNow

MARCH 14, 2025

Every day, youre juggling staff, food quality, inventory, customer service, purchasing, and moreall while trying to cultivate a dining experience that wows your customers enough to keep them coming back. How to solve it: Use data-driven ordering to track inventory closely to forecast demand accurately and avoid overstocking.

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Modern Restaurant Management

APRIL 10, 2024

Restaurant operators have faced stiff headwinds since 2020, with a near-constant swirl of inflation, supply chain and labor challenges. Leverage Data to Personalize Experiences Every day, restaurants generate vast volumes of data from their point-of-sale (POS) systems.

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The Rail

MARCH 31, 2025

With cloud-based software and platforms like Microsoft Teams, restaurants can standardize processes across multiple locations and speed up supply management. Here are some quick fixes: Point-of-Sale (POS) Systems: Modern POS systems simplify ordering and payment. Inventory management software: Tracks stock in real-time.

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Modern Restaurant Management

JUNE 14, 2022

One study found that internal employee theft is responsible for 75 percent of inventory shortages and about 4 percent of restaurant sales. There are all kinds of different types of restaurant theft, ranging from food and inventory, theft at the register and checkout counter, external grease theft, time theft and employee product theft.

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Modern Restaurant Management

JANUARY 18, 2022

How to Use Key Metrics for Proper Inventory. Historical sales levels can indicate what food, beverages, and supplies you need to buy for the next comparable sales period. Mastering how to forecast your inventory is just the first step, you almost must control it. Check your inventory against data collected by the POS.

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Lavu

NOVEMBER 29, 2024

Real-time inventory systems help restaurants cut food waste , save money, and improve operations. Here’s how: Track Stock in Real-Time : Monitor inventory levels instantly to avoid overstocking or understocking. Integrate with POS Systems : Sync with sales data to refine menu choices and track high-waste items.

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The Restaurant Group

FEBRUARY 23, 2025

Introduction In the fast-paced world of restaurants, keeping a close eye on your inventory is as vital as the secret sauce in your signature dish. Proper inventory tracking helps reduce waste, control costs, and boost profits. What Is Restaurant Inventory Management? Key Components of Restaurant Inventory Management 1.

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Modern Restaurant Management

MARCH 9, 2022

Upgrade inventory and ordering systems with the latest technology. Proper inventory management is essential to decreasing food waste and saving related expenses. a POS system, predictive ordering technology) to accurately predict what products you’ll need to order based on historical patterns. Optimize your supply chain.

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Lavu

FEBRUARY 28, 2025

Start by analyzing these Top 7 POS Sales Reports to know where your restaurant is headed. These reports help you understand sales trends, manage inventory, optimize staffing, and improve customer satisfaction. Inventory Reports : Monitor stock levels, usage patterns, and waste to control costs and prevent overstocking or shortages.

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Modern Restaurant Management

FEBRUARY 17, 2025

"These tariffs could deeply affect the food service and hospitality industries on both sides of the border," Alex Thalassinos, President of Silverware POS, one of the first tech providers dedicated to Canada’s hospitality industry, told Modern Restaurant Management (MRM) magazine.

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ChowNow

FEBRUARY 13, 2025

An inventory management system with automated restocking alerts keeps your stock levels in check. For example: If you want to improve efficiency look for software that integrates with your POS and kitchen systems. A Modern POS System Powers Transactions and Data-Driven Decisions Every restaurant needs a POSperiod.

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Modern Restaurant Management

NOVEMBER 21, 2024

Sure, they're vital when grocery stores are closed or running low on supplies, but they also provide something less tangible: a slice of normalcy when everything else feels uncertain. Plus, restaurants can update them remotely when supplies run low, or prices need adjusting, which is crucial during those unpredictable post-storm days.

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Modern Restaurant Management

JULY 13, 2021

Wages, food, turnover, rent, utilities, and other operational costs have stayed level or increased as supply chain, labor and transportation disruptions continue to pop up. If you made the investment during the COVID-19 pandemic in an upgraded POS, online ordering, or other technology, you may have implemented just enough to get by.

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Modern Restaurant Management

APRIL 15, 2020

Apart from that, you can also integrate the inventory management system with the POS which will help you keep track of inventory, reduce wastage and set timely reminders on replenishing it. Quality control is not just about maintaining the safety of the food supply chain. Quality Control.

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ChowNow

FEBRUARY 21, 2025

They help with reservations and table management, staff scheduling and time management, inventory tracking, rewards programs, automated marketing, and more. Inventory and supply chain apps. Inventory and supply chain apps help restaurants track ingredient usage, monitor stock levels, and manage supplier orders with ease.

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Harbor Touch

MARCH 18, 2025

The next youre racing to keep inventory stocked while customers wait for tables. Master Inventory Control Inventory mistakes cost you. A solid POS handles payments and reports smoothly, cutting end-of-night stress. Use a notebook or a POS like SkyTab to track it. Running a restaurant is a demanding job.

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Modern Restaurant Management

MAY 19, 2022

Rebounding demand, supply chain issues, and labor shortages are mostly to blame for driving prices to an all-time high. Train Staff on the Importance of Restaurant Inventory Control. Training staff on inventory control provides value to your entire organization. The prices of goods and services have increased 8.5

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7 Shifts

AUGUST 5, 2020

Are there any tips for food delivery and takeout inventory management? Tips for food delivery and takeout inventory management Managing inventory is an important part of keeping your restaurant’s costs under control, especially as you ramp up your delivery efforts. What are the best delivery strategies and takeout strategies?

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7 Shifts

AUGUST 18, 2024

Table of Contents The Costs of Opening and Running a Restaurant The Difference Between Fixed and Variable Cost Understand And Calculate Your Prime Cost Understand And Control The 5 Major Restaurant Costs Restaurant Labor Costs Restaurant Food Costs Restaurant Utility Costs Restaurant Kitchen Equipment Costs Restaurant POS System Costs Ready?

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7 Shifts

OCTOBER 28, 2024

Once you have that total, subtract all of your costs, such as labor, inventory, rent, utilities, and other operating expenses. Bars that effectively manage their inventory and reduce waste tend to maintain higher margins. To calculate your pour cost, you have to know the total cost of your alcohol inventory.

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Modern Restaurant Management

OCTOBER 2, 2023

Keep an Eye on the Inventory There’s no substitute for taking regular inventory – not just knowing what’s been ordered, but what’s in stock, what condition it’s in, and how long it’s been in the restaurant. Got a few extra gallons of milk about to hit the expiration date?

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7 Shifts

DECEMBER 18, 2023

It also gets rid of those frustrating sticky notes all over your POS. Inventory management Inventory management software helps you monitor your restaurant’s stock levels. It integrates with your POS system and other restaurant tools to keep track of your stock and let you know when you’re running low.

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The Rail

NOVEMBER 1, 2024

Cloud-Based Inventory Management Inventory is one of a restaurant's most crucial assets , and ensuring a smooth transfer from one location to another can be daunting. Cloud-based inventory management systems help streamline this process by allowing restaurant owners to track and update their inventory in real time.

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ChowNow

MAY 22, 2024

Running a profitable restaurant isn’t just about selling more food or serving more diners; it’s also about efficient inventory management. Prices of ingredients, supplies, and packaging fluctuate all the time, while impacting the bottom line. Here’s what the experts shared with us.

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Modern Restaurant Management

JANUARY 20, 2022

Integrated Inventory and Purchasing. One area of restaurant operations where AI can have a major impact is by integrating inventory and purchasing systems with your point of sale (POS systems). This kind of predictive technology can be used by restaurants in so many ways: to manage inventory, staffing, menu pricing, and more.

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Modern Restaurant Management

SEPTEMBER 14, 2022

Local health lockdowns and limitations caused havoc for food supply chains, staffing, customer demand, and remote ordering. Inventory Management: Integrating inventory with your point of sale (POS) systems is an essential AI capability that every restaurant needs. Role of AI in Back of House.

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Front of House Mobile Ordering Loyalty Program Back of House 528

Harbor Touch

MARCH 18, 2025

With a POS system like SkyTab and solid accounting software, you can track it all without losing your mind. A restaurant POS system like SkyTab, though, has no upfront cost, just $29 per month. For his SkyTab POS, he deducts the $29 monthly fee as an ongoing expense. Credit card tips pull from your POS system.

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Modern Restaurant Management

SEPTEMBER 30, 2024

Supply chains, while showing more stability, are fraught with uncertainty. The digitization of the store, from a kiosk to the menu boards to the POS at the counter, continues to provide data about dining experience. The modern restaurant industry has always moved fast, but the pace continues to accelerate.

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Modern Restaurant Management

FEBRUARY 4, 2022

Unprecedented labor and supply chain pressure will drive most of the restaurant trends that will define 2022, industry analysts say. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. Consider, removing processed or pre-packaged ingredients from their inventory.

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7 Shifts

APRIL 3, 2020

Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today. Pro tip: Look at implementing an inventory tracking system like Xtra Chef —it might be a new cost, but it will pay for itself in better food costing. You might be thinking “what about my providers?”

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7 Shifts

AUGUST 2, 2024

To calculate this, use the formula: Cost of Goods Sold (COGs) = Beginning Inventory + Purchased Inventory - Ending Inventory Gross profit & gross profit margin Your gross profit and gross profit margin help you track how much money you're making after deducting your Cost of Goods Sold.

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Focus POS

JANUARY 15, 2020

When a technology solution affects as many areas of business as your restaurant POS system does, it can be difficult to track the true return on investment (ROI) that it offers. The first step to understanding the true ROI from a restaurant POS system is to determine quantifiable factors that are influenced by the POS.

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7 Shifts

APRIL 29, 2021

Set your alarms and make sure you're ready, as it's expected that the demand will outweigh the supply of funds. Work with your POS partner to see how they can assist in getting the applications sent as soon as possible. Personal protective equipment (PPE) and cleaning supplies. Food and beverage inventory. What do I need?

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Document Restaurant Law Brewery Point of Sale 370

7 Shifts

AUGUST 6, 2021

Staff scheduling, inventory management, menu analysis , guest satisfaction, profitability, and so much more rest on the shoulders of accurate restaurant forecasting. On a micro level, forecasting helps a restaurant plan for inventory orders and how many employees need to work each shift to make and sell food. Inventory Management.

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7 Shifts

MARCH 11, 2020

You’ll also need to pay for supplies. POS hardware , like cash drawers, display terminals, credit card readers, receipt printers, and wifi routers start at $600, but can go as high as $3,000. Starting food inventory Stocking up on pantry staples and your beginning inventory of perishable foods will set you back at least $1,000.

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