Modern Restaurant Management

DECEMBER 17, 2024

When consumers order more food online, it’s clearly good for business – but it can also make it harder for businesses to manage inventory. In 2025, restaurants need to have a plan in place that ensures they are effectively managing inventory and redirecting unused, still edible food to donations.

2025 419

2025 Loyalty Program Customer Experience Online Ordering 419

Modern Restaurant Management

SEPTEMBER 9, 2021

The data to analyze with food is the following: food sales, food costs, sales mixture, food inventory, cost of goods sold, menu pricing, invoice reviews for accuracy of pricing, stock on hand, beginning and end of day protein counts, and daily sold items. They have to price it on the menu and add it to the inventory.

Pricing 520

Pricing Food Seasonal Menu Food Order 520

Modern Restaurant Management

MARCH 2, 2022

Restaurant menu prices continue upward as the U.S. Operators are being forced to make changes in an effort to navigate the price escalation. Technomic also reported that 45 percent of consumers say they usually pick restaurants with lower prices. Department of Labor reported an inflation rate of 7.5 percent on an annual basis.

Pricing 487

Pricing Menu Food Supply Waste 487

Goliath Consulting

JULY 8, 2020

When the dust clears and a proper inventory of each order is finally manageable, the frustration of back ordered product sets in. Reopening restaurants with current supply chain issues makes this once rare scenario seem to be a weekly occurrence. How often are you counting a detailed inventory?

Supplies 392

Supplies Bar Management Management 392

Goliath Consulting

JUNE 15, 2021

We saw customers stockpiling on groceries and supplies in homes instead of going out to eat, raising retail sales by 29 percent over the previous year (1). According to this McKinsey Report, these “changes in consumer behavior continue to ripple through the US food and agricultural supply chains” even today (1). Inventory Estimates.

Supplies 414

Supplies Food Supply Front of House Fast Casual 414

The Rail

OCTOBER 17, 2024

It can help you fix discrepancies in ordering and inventory management , minimizing food shrink. The Problem with Restaurants’ Supply Chain Food Waste You’ve probably felt forced to raise menu prices to offset losses incurred by wholesale prices rising and fewer people eating out. What else can it do for you?

Food Supply 130

Food Supply Waste Supplies Food 130

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.

Inventory 450

Inventory Management Management Cash Management 450

Modern Restaurant Management

FEBRUARY 17, 2025

We can expect to see a prolonged period of higher egg prices through the Easter and well into 2025, according to a repor t from CoBank. While this can be largely attributed to supply challenges associated with bird flu which has affected nearly 100 million egg-laying hens since 2022, it's not the only factor.

Hospitality 221

Hospitality Food Supply Seasonal Menu 2025 221

7 Shifts

NOVEMBER 17, 2021

Both situations could have been prevented with proper restaurant inventory management, which gives restaurant operators better oversight over what's in stock and how it is used. There are plenty of good reasons to take inventory on a regular basis: Your restaurant can avoid running out of a key ingredient mid-service. Inventory Basics.

Inventory 370

Inventory Management Management Point of Sale 370

Modern Restaurant Management

FEBRUARY 17, 2025

We can expect to see a prolonged period of higher egg prices through the Easter and well into 2025, according to a repor t from CoBank. While this can be largely attributed to supply challenges associated with bird flu which has affected nearly 100 million egg-laying hens since 2022, it's not the only factor.

Hospitality 221

Hospitality Food Supply Seasonal Menu 2025 221

Modern Restaurant Management

MAY 6, 2020

Q : What Supply Chain Considerations Should I Keep in Mind Moving Forward? A : As states and counties look to reopen across the US, one area restaurant operators are looking toward is their supply chain. Below are a few key takeaways operators should consider as they seek to optimize their supply chains over the next few months.

Supplies 414

Supplies Guest Recovery Food Supply Communication 414

Modern Restaurant Management

MARCH 21, 2022

Even after the pandemic-fueled tumult of 2020, few would have predicted the extent to which the industry has been shaped in 2021 by such factors as a major labor shortage, supply-chain issues, and soaring inflation. Even in the best of times, commodity prices change on a daily basis. Back-Office Tech Plays a Critical Role.

Technology 508

Technology Food Supply Inventory Supplies 508

Modern Restaurant Management

NOVEMBER 28, 2023

And while many restaurants have returned to a post-COVID normalcy, the impending inflation has now introduced rising food costs, ultimately impacting the restaurant supply chain as food costs rise. This means it is key to provide all open locations are distributed with the right supplies to run day-to-day operations.

Supplies 275

Supplies Tip Distribution Food Supply Management 275

Modern Restaurant Management

MAY 2, 2022

Soaring prices, continued supply chain disruptions, and ongoing staffing shortages are creating a perfect storm for restaurants. Additionally, supply chain disruptions remain a huge problem, with 96 percent of restaurant operators saying they experienced supply delays or shortages last year. Use what you have.

Food Safety 546

Food Safety Food Supply Waste Sustainability 546

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. Adapt to Growing Price Fatigue Since the pandemic, controlling food costs has been a major challenge for restaurant operators. Full-service menu prices climbed 4.5

2023 492

2023 Point of Sale Loyalty Program 2024 492

EATER

SEPTEMBER 20, 2023

In the bread aisle, you see two loaves identically wrapped; both are perfectly edible, but one is a day older and costs half the price. This is a business practice called dynamic pricing, and it may be coming soon to a supermarket near you. The price is changing throughout the [time] horizon.” Which do you choose?

Waste 343

Waste Pricing Airlines Food 343

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. This means budgeting, tracking expenses like food and labor, and adjusting pricing to balance profitability with customer appeal.

Operations 195

Operations Management Management Front of House 195

Modern Restaurant Management

DECEMBER 27, 2023

These factors contribute to a volatile supply chain, influencing everything from ingredient availability to menu pricing strategies. Contemporary menus increasingly feature more plant-based selections and alternative proteins, while also reflecting the demand for locally vetted foods and transparent supply chains.

2024 506

2024 Food Supply Kitchen Safety Influencer 506

Modern Restaurant Management

JANUARY 14, 2021

Once thought of as temporary solutions to an unexpected pandemic, we’ve seen an increased mad rush on take-out and delivery supplies – which doesn’t look to be slowing down. Secure Inventory and PPE. Unfortunately, with tight supply comes higher prices. Here are three areas of consideration.

Management 414

Management Management Food Supply Customer Experience 414

7 Shifts

OCTOBER 28, 2024

It just goes to show how important drink pricing and cost management are to maximizing profits. 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.

Point of Sale 195

Point of Sale Merchandise Seasonal Menu Bar 195

Modern Restaurant Management

MAY 19, 2022

The prices of goods and services have increased 8.5 Rebounding demand, supply chain issues, and labor shortages are mostly to blame for driving prices to an all-time high. It requires a careful examination of your recipes, your team’s prep efficiency, and menu item prices. Take Advantage of QR Codes.

Food Supply 469

Food Supply Waste Point of Sale Inventory 469

Modern Restaurant Management

FEBRUARY 17, 2025

Operators would see increased prices in their supply chain, resulting in rising costs to their guests as well. Hoteliers and restaurant operators are increasingly demanding POS systems that seamlessly connect with CRM, loyalty programs, reservation systems, inventory management, and payroll.

Loyalty Program 221

Loyalty Program Mobile Ordering Customer Experience Customer Service 221

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.

Technology 221

Technology Food Supply Small Business Events 221

Modern Restaurant Management

DECEMBER 28, 2021

Labor shortages and other factors are affecting the global supply chain in never-before-seen ways, and certain commodities are intermittently not available, or if they are, they’re expensive. More recent price increases have nearly doubled this number. According to a report from S&P Global Market Intelligence, U.S.

Franchise 492

Franchise Franchising 2022 Fast Casual 492

7 Shifts

NOVEMBER 15, 2024

They play a big role in overseeing your inventory and attending to customer complaints. In this article: How do you handle inventory management to keep the bar always adequately stocked? What techniques would you use to prevent over-pouring and inventory shrinkage? Another factor to consider is pricing. what did you do?

Bar 195

Bar Management Management Hiring 195

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. Typically bringing multiple functions under one umbrella will allow you to get lower pricing from one company than paying multiple disparate fees.

Front of House 493

Front of House Back of House Point of Sale Online Ordering 493

Modern Restaurant Management

SEPTEMBER 19, 2023

However, the impact that AI is already having on the food industry is without parallel, helping to lower food prices, increase the availability of certain products or ingredients, and prevent supply chain shortages. This enables businesses to avoid buying too much inventory.

Food Supply 322

Food Supply Food Supplies Waste 322

Modern Restaurant Management

SEPTEMBER 7, 2022

Every operator I talk to right now is feeling the pain of supply chain disruptions and high food costs. It is a challenge to track and adjust for the frequent commodity price changes right now, which makes tweaking your menu even more difficult than it would normally be. Tap Into Technology to Make Menu Engineering Easier.

Menu 491

Menu Management Management Waste 491

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.

Inventory 195

Inventory Management Management Back of House 195

Modern Restaurant Management

MARCH 4, 2021

Keeping up with demand, supply chain disruption, trucking availability – particularly in highly impacted areas – and quality and resource risks are real issues that food manufacturers, suppliers and distributors are facing. to better determine supply requirements and purchasing frequency. Understanding Consumer Demand.

Food Supply 329

Food Supply Food Safety Food Truck Inventory 329

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.

2025 195

2025 Loyalty Program Mobile Ordering Online Ordering 195

Modern Restaurant Management

DECEMBER 14, 2021

Restaurants will continue to grapple with labor shortages and supply chain disruptions throughout 2022. These challenges pose the potential for inventory constraints, menu price increases, delays in service and more, impacting not only the hours restaurants can stay open but also the capacity at which they can operate.

2022 474

2022 Food Supply Mobile Ordering Customer Experience 474

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?

Waste 466

Waste Technology Food Inventory 466

7 Shifts

AUGUST 2, 2024

This number is essential because it helps you determine the price of your food and beverages. “Time, not food, is the ultimate perishable inventory,” Sheryl E. TouchBistro stresses how the importance of this figure can help restaurant owners determine whether or not their food prices need to be adjusted.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

ChowNow

FEBRUARY 13, 2025

An inventory management system with automated restocking alerts keeps your stock levels in check. A higher-priced system that saves time and reduces errors might be more valuable than a cheaper, less effective alternative. Plus, their reliance on high fees forces restaurants to either raise menu prices or accept smaller profits.

2025 195

2025 Technology Loyalty Program Mobile Ordering 195

Modern Restaurant Management

JULY 25, 2023

Inventory management becomes a breeze with AI-driven tools that assist in supply chain forecasting. RMS relies on its patented AI models to analyze these mountains of transactional data, helping restaurants optimize menu pricing, group menu items, and customize pricing based on location or region.

Customer Experience 419

Customer Experience Customer Service Back of House Pricing 419

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.

Food Order 520

Food Order Waste Online Ordering Email Marketing 520