Modern Restaurant Management

JUNE 18, 2020

. “The meal kits give companies the opportunity to offer a healthy and convenient option to their employees, and keeps our inventory moving. ” Reviving The Supply Chain. Now more than ever, it is important for restaurants to maintain a healthy connection with their supply chain.

Supplies 189

Supplies Innovation Food Supply Loyalty Program 189

Modern Restaurant Management

MAY 10, 2022

Why should you and your staff spend hours counting inventory, auditing invoices, and combing through contracts? Here are three ways you can reduce your restaurant supply and labor costs: Use Technology to Streamline Operations. It can take hours to manually figure out things like recipe costs, ingredient prices and inventory counts.

Supplies 197

Supplies Food Supply Audits Inventory 197

Modern Restaurant Management

JULY 1, 2024

There are a number of proven strategies for being proactive about possible supply chain shortages including menu optimization, building partnerships and LTO maximization. Creating a limited time offer that utilizes ingredients that are already in the kitchen to maximize sales without adding other ingredients to your supply.

Supplies 171

Supplies Seasonal Menu Retail Food Supply 171

Modern Restaurant Management

OCTOBER 1, 2021

Controlling a restaurant kitchen’s inventory is a key to proper restaurant management and can help avoid wasting food and space. When it comes to your livelihood, any gaps in inventory are more than mere annoyances — they could be hurting your ability to make a profit. Why Inventory Management Matters.

Inventory 197

Inventory Management Management Waste 197

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 156

Supplies Bar Management Management 156

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 165

Supplies Food Supply Front of House Fast Casual 165

Modern Restaurant Management

FEBRUARY 7, 2022

Rather than making QSR forecasting a guessing game that involves massive amounts of work and risk, leveraging more granular and predictive technologies will unlock insights that allow for better decision making across inventory management, staffing and marketing campaigns. Understanding What Drives Demand.

Food Supply 197

Food Supply Supplies Waste Food 197

Perfect Daily Grind

MAY 7, 2023

For any specialty coffee roaster, one of the key factors to running a successful business is a continuous supply of fresh green coffee. Sourcing and buying green coffee is certainly a big part of this, but efficient inventory management is also paramount. What are the benefits of managing green coffee supplies effectively?

Supplies 176

Supplies Management Management Food Safety 176

Modern Restaurant Management

JULY 24, 2023

AI can also improve sustainability within restaurants – and throughout their supply chains – with huge benefits that include waste and carbon emissions reduction, cost savings, and meeting consumer demand. For instance, AI can help drive the following benefits: Improving transparency throughout the supply chain.

Supplies 167

Supplies Sustainability Food Supply Food Safety 167

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 180

Inventory Management Management Cash Management 180

Modern Restaurant Management

APRIL 28, 2023

What if I told you that you could solve a variety of your problems by improving your supply chain transparency? Supply chain transparency can provide vital information about suppliers’ environmental, social, and governance (ESG) initiatives. Doing so helps these brands: Reduce risk across the entire supply chain.

Supplies 167

Supplies Food Supply Food Safety Certification 167

Modern Restaurant Management

NOVEMBER 1, 2024

coli outbreak reinforces the need for restaurants – and all food businesses – to manage recalls as a supply chain, especially considering the huge scale of this event. Handle Recalls as a Supply Chain For any food brand, consumer protection is the most important part of recall management. While the E.

Supplies 167

Supplies Food Supply Point of Sale Communication 167

Cheetah

JANUARY 30, 2022

Disposable restaurant supplies are part of critical inventory used by every restaurant, food-truck and caterer on a daily basis. They include everything from back-of-house supplies like gloves and containers, to customer-facing single use-items like takeout packaging, utensils, napkins, and straws. Restaurant Supplies.

Supplies 148

Supplies Food Supply Compost Back of House 148

Cheetah

JANUARY 30, 2022

Disposable restaurant supplies are part of critical inventory used by every restaurant, food-truck and caterer on a daily basis. They include everything from back-of-house supplies like gloves and containers, to customer-facing single use-items like takeout packaging, utensils, napkins, and straws. Restaurant Supplies.

Supplies 148

Supplies Food Supply Compost Back of House 148

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.

Seasonal Menu 370

Seasonal Menu Point of Sale Inventory Food Supply 370

Cheetah

JUNE 21, 2021

After having served the restaurant industry for nearly a decade, we know that one of the greatest challenges in managing a restaurant business is predicting supply and demand trends and understanding procurement challenges. Meet Our Food Supply Chain Specialist. Need help making sense of food supply chain news?

Food Supply 147

Food Supply Supplies Food Transportation 147

7 Shifts

AUGUST 18, 2024

For example, though food costs are running costs, you should budget for beginning inventory when opening your restaurant Many of your startup costs will be one-off costs, though some are subject to annual renewals Restaurant Expenses Vs. Restaurant Costs One often confused (and misused) sets of terms are restaurant costs and restaurant expenses.

License 370

License Equipment POS Food Supply 370

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 165

Supplies Guest Recovery Food Supply Communication 165

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.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

7 Shifts

DECEMBER 18, 2023

Inventory management Inventory management software helps you monitor your restaurant’s stock levels. Additionally, inventory management tools can help you prevent unnecessary waste. Leading restaurant inventory management platforms include MarginEdge and MarketMan. Food cost tracking tools include Meez and MarginEdge.

Management 397

Management Management Email Marketing Point of Sale 397

7 Shifts

MARCH 11, 2020

You’ll also need to pay for supplies. Starting food inventory Stocking up on pantry staples and your beginning inventory of perishable foods will set you back at least $1,000. Inventory Even the most experienced restaurateur can end up overspending on inventory during the first few weeks or months of operation.

License 354

License Cash Management Inventory Food Supply 354

Hot Schedules

SEPTEMBER 8, 2021

Mobility Equals Flexible Ops: Hotel Purchasing & Inventory from Anywhere. Stay Afloat by Automating These 5 Admin Tasks Between payroll, inventory, reporting, and more, it’s easy for a manager to get trapped in the back office, sinking under paperwork. As a result, hoteliers have had to reimagine how they do business.

Hotels 147

Hotels Inventory Guest Recovery Leadership 147

Hot Schedules

JULY 8, 2021

The Problems with Managing Inventory in Spreadsheets. U sing spreadsheets for hospitality inventory management is inaccurate, inefficient, and unwise. Learn how poor inventory management could be making operators crazy and hurting your business. You’d be hard-pressed to find an operator who actually likes taking inventory.

Inventory 127

Inventory Management Management Food Supply 127

Modern Restaurant Management

JANUARY 5, 2024

As the food distribution industry continues to evolve, restaurant supply chains face inevitable and unpredictable fluctuations. Regionalized supply chains. Review client, vendor and supplier history to give context to the cash flow state and evaluate the status of a supply chain. Production and warehousing investments.

Supplies 117

Supplies Cash Management Food Supply Transportation 117

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. Personal protective equipment (PPE) and cleaning supplies. Food and beverage inventory. Take a look at the program guide (in English and Spanish ) and the sample application. Get your documents ready (more below).

Restaurant Law 370

Restaurant Law Document Brewery Point of Sale 370

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 110

Supplies Tip Distribution Food Supply Management 110

Sculpture Hospitality

SEPTEMBER 12, 2023

Running a successful bar requires careful management of inventory. Keeping track of all the beverages, mixers, garnishes, and other supplies can be a challenging task. That's where a well-organized bar inventory template can come to your rescue.

Inventory 133

Inventory Bar Supplies Beverage 133

Culinary Cues

DECEMBER 17, 2020

There are short-term band aid solutions such as takeout, delivery, or even conversion into retail markets where wine inventories and local necessities take over space once occupied by diners, but they are not a replacement for a steady turn of tables. Even the best operators are at a loss for solutions.

Uniforms 472

Uniforms Cash Management Brewery Consumer Goods 472

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. Reduce Spoilage : Get alerts for expiring items and use the FIFO method to manage perishable goods.

Waste 78

Waste Inventory Food Point of Sale 78

Modern Restaurant Management

JANUARY 15, 2024

Each year, it is estimated that about 1 billion chicken wings are eaten on Super Bowl Sunday, so operators must keep a large supply of wings on hand for those hungry football fans. Operators need to invest in a back-of-house technology system that simplifies daily tasks for them, such as inventory and scheduling.

Food Supply 208

Food Supply Point of Sale Back of House Inventory 208

Culinary Cues

AUGUST 3, 2020

Suddenly, those items that were simply a phone call away from supplier to restaurant are faced with inventory shortages. Yes, other businesses in numerous sectors have closed, but none at this rate. As a result, normal menus have been challenged and restaurant storerooms are looking pretty challenged.

Government 492

Government Training Small Business Consumer Goods 492

Modern Restaurant Management

FEBRUARY 29, 2024

Hot Palette Holdings uses AI to improve their forecasting, optimize inventory, and reduce waste. Innovative tech tools, like AI, can improve forecasting, inventory management, scheduling, customer service, marketing, and many other essential business tasks. Increase quality and safety across the supply chain. Boost automation.

Food Safety 195

Food Safety Kitchen Safety Audits Food Supply 195

Sculpture Hospitality

MARCH 14, 2023

For bar owners and managers alike, keeping track of inventory can be a daunting task. Counting bottles, taking note of stock levels, and ordering new supplies can take up a significant amount of time and effort.

Inventory 127

Inventory Bar Supplies Management 127

Modern Restaurant Management

DECEMBER 21, 2020

Disrupted supply chains will continue to plague the food business in 2021, and end-to-end supply chain visibility will be essential to meet challenges created by shortages. Look for opportunities to step up and again serve customers’ needs by supplying hard-to-get grocery items. Increase Need for Transparency.

2021 221

2021 Technology Food Supply Food Safety 221

7 Shifts

SEPTEMBER 6, 2024

COGS is based on your inventory, meaning it includes the value of what you start with, what you purchase, and what’s left at the end of the period. The prices of ingredients can fluctuate due to several factors, including seasonality, supply chain disruptions, and changes in demand.

2024 195

2024 Seasonal Menu Inventory Audits 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 202

2024 Food Supply Kitchen Safety Influencer 202

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. Droughts might reduce the supply of potatoes, for example. and reporting.

Technology 203

Technology Food Supply Inventory Supplies 203