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They rely on technology to help with day-to-day tasks like managing revenue and inventory, and to fill in labor shortage gaps. The state of the industry report found that 30% of restaurants planned to devote resources to kiosks, which can assist with inventory, employee trainings, menu control, and so much more.
Takinginventory is one of the most tedious processes in restaurant operations. Chefs spend countless hours counting inventory, purchasing new ingredients, and tracking down more cost-effective substitutions for products that are either cancelled or out of stock. Recipe Costing. Prevent Shortages. ” Reduce Waste.
Accurate inventory management is crucial to running a successful business because it directly impacts a company’s bottom line and is key to maximizing profits. Having an accurate handle on inventory enables a business to become more resilient and know what they can sell and when they can sell it, helping mitigate out-of-stock scenarios.
Minimizing Menu Price Increases : Just because diners are still eating out and ordering in, does not mean they are happy about higher menu prices. What should restaurant operators take away from the survey results? They’re dining out more frequently, with 48 percent planning to increase their visits.
But it goes beyond figuring out how to source the freshest ingredients at the best price. Review inventory management strategies Inventory isn't just a stockpile of ingredients. Sales Analysis : Which dishes are flying out of the kitchen, and which are lagging? One way to stay agile?
This attack, however, is not out of the ordinary. Leveraging deepfake technology, bad actors can mimic the voices and even physical appearances of real people with startling accuracy, enabling them to carry out more realistic and more effective social engineering attacks than ever before. Some may even share login credentials.
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.
Improved traceability means better inventory management, as restaurants have clearer insights into what’s coming in and going out of the kitchen. Reach out to suppliers and ask about their compliance plans. Beyond safety, there are additional benefits. Are they employing systems that ensure their data is interoperable?
With people dining out less, some restaurant owners are increasingly trying to cut costs to stay afloat. This article will cover how implementing automation tools like IoT monitoring can save your business money, protect your inventory, and save time. People are deciding to eat- at home and purchase less.
You’re handling inventory, coordinating staff, and managing delivery routes, but everything seems to take twice as long as it should. For example, let’s say you run out of a key ingredient because inventory wasn’t tracked accurately. Start by mapping out your entire delivery process from start to finish.
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.
It takes commitment alongside some investment in specific areas of operations. What strategic steps can you take to bring your kitchen closer to achieving zero-waste? Managing Inventory The first area of focus for any waste elimination strategy is your restaurant’s approach to ingredients.
Getting the transactional hurdles out of the way allows diners to relax and relish what matters most — the food and the company they've chosen to share their meal with. The operational trifecta of inventory management, financial oversight, and labor scheduling represents a major drain on resources for most chain restaurants.
It’s about taking friction out of operations—so staff can spend more time focused on hospitality, not paperwork. AI Is the New Secret Sauce in Restaurant Operations First, let me take a moment to say – AI isn’t just ChatGPT or image generation. This isn’t about replacing people with machines.
As we navigate these changes, one theme stands out: innovation. Sustainability Takes Center Stage Sustainability is no longer an optional value—it’s a demand from environmentally conscious consumers. Here’s the top five trends I see shaping the industry in 2025, starting with the growing role of automation.
If you are serious about a kitchen career and have the focus to map out the best path, then listen up. At different times one area will stand out and carry the day until it is another areas turn to take the lead. So much to learn, so little time. Where do you begin, whats the best way to learn?
Among the report highlights: Cost-conscious diners are rolling back their spending, not cutting it out: 45 percent of surveyed diners report they are visiting restaurants less often due to rising prices, with nearly half saying they’ve decreased their dining-out budgets in the past six months. Have guests’ needs changed?
Too many restaurants, even enterprise brands, are still using manual processes for various areas of the business, such as inventory, scheduling, and reporting. These time-consuming tasks not only burn labor hours when you can least afford it but losing track of your inventory will eat away your margins faster than you realize.
For example, technology exists that allows restaurant operators to takeinventory in a matter of minutes, while achieving 99.9-percent Ordering and inventory capture have long been manual processes for restaurant operators, but they have become increasingly more time-consuming and inefficient.
If running a restaurant wasn’t already expensive, running one under new distancing regulations means less capacity and investment in safety infrastructure that will take a toll on costs. Third, menus should take into account changing customer bases. Optimize Inventory.
Now, restaurants across all categories recognize how these features protect their bottom line, especially with ongoing staffing challenges and inventory planning concerns." When issues are identified, we take additional steps to trace and identify other reservations connected to these known problematic users.
When it comes to managing inventory, restaurants face a choice: POS inventory alerts vs. manual tracking. On the other hand, POS inventory alerts offer real-time updates, automate ordering, and minimize human mistakes. Managing restaurant inventory can be a major challenge, but the right system can make all the difference.
Real-Time Inventory Tracking offers a powerful solution by giving operators instant visibility into whats in stock, whats being used, and what needs to be reordered. With real-time data guiding inventory decisions, restaurants can take tighter control of their food costs and boost long-term profitability.
Your P&L statement is one of the most important documents for restaurant managers to understand because it outlines all your income and expenses – or what money you are bringing in versus what money is going out – for any given period. How to Use Key Metrics for Proper Inventory.
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. Its not just about putting out fires when problems arise; its about building systems that prevent those fires in the first place.
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.
My business plan laid out my steppingstones: open three artisanal ice cream shops, create synergy, and ride out the cash flow. Tying up all our cash into aging inventory was not going to work for us. I mean, it’s hard to have a bad day in an ice cream shop. Through this relatively simple idea, High Point Creamery was born.
New technology innovations now being introduced into the hospitality industry are designed to level out those pinch points. Manage and Optimize Your Increased Holiday Inventory. The holidays bring an increase in beverage inventory, particularly kegged inventory for bars and restaurants centered around draft programs.
One of the most effective tools for achieving this is mobile inventory management. This system helps restaurant owners and managers track stock in real-time, reduce waste, and maintain optimal inventory levels. By automating inventory processes, restaurants can save time, improve accuracy, and enhance overall efficiency.
Integrating mobile inventory systems with POS platforms simplifies restaurant operations by automating inventory updates, reducing errors, and providing real-time insights. Here’s what you need to know: Benefits : Real-time stock updates, improved accuracy, and smarter inventory planning.
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.
The key is to make the right decisions around inventory and pricing at the right times—and having the right technology can make all the difference. Back-office technology centralizes, automates, and improves operating processes related to purchasing, accounts payable, inventory management, recipe and menu engineering, labor scheduling,?and
Scooping out an avocado or extracting crab meat and leaving ten percent in the shell or cutting a filet of salmon to nine ounces instead of eight ounces adds ten percent to your target food usage (and cost). Keeping a better eye on the inventory and using the most ripe perishables first is the first step in minimizing food waste.
In order to reduce cost, waste, and optimize inventory, the process begins with planning and forecasting. Connecting your financial, transaction, and restaurant inventory management systems enables you to optimize production and better control cost variance proactively. Creating a Singular Journey.
Long-term success will depend on re-envisioning traditional concepts and strategic development of new operational practices that integrate practical social distancing protocols with more permanent delivery/take-out platforms. Take-out and delivery sales were slow to get started early on in the initial pandemic shutdowns.
In this guide, youll learn: Why restaurant apps matter in 2025 and how its the consumer driving the changes The different types of restaurant apps How to make the most of your own branded restaurant app and its many benefits Lets take a closer look at why every restaurant should use apps in 2025. Inventory and supply chain apps.
Merchants use the collected data to manage sales, generate labor reports, track inventory and even keep an eye on customer reviews. Rather than simply comparing data sets, it takes all the available data and places it into a clear narrative on what is working and what needs to be tweaked. Check out the accompanying resource.
Why should you and your staff spend hours counting inventory, auditing invoices, and combing through contracts? Nobody has time for that when there is a crowded dining room, to-go orders flying out the window and customers complaining about their favorite menu items going up in price. Take food cost management for instance.
While most restaurant operators will seek outside funding to get the second location running, it still takes time for a unit to become profitable once the doors open. Some might break-even within the first three months while others claim it could take a year or even more. Use creativity to market a restaurant on a limited budget.
Running a restaurant is tough, and poor inventory management can make it even harder. That’s where POS inventory tools step in to help. Research shows that using POS systems can reduce stockouts by 15% and cut excess inventory by 10% , directly improving profitability.
Your lunch rush chef measures out a cup of diced chicken, but your dinner rush chef just eyeballs the measurements. By not standardizing your recipes, you may run out of ingredients more quickly and may need to order more inventory – which can put you over your weekly or monthly food budget. Cutting costs is important.
To evaluate future sales, restaurant owners carry out a sales forecasting process. For more accurate sales reports, restaurant owners must take the help of technology and artificial intelligence can be a helpful tool for predictions. Smart Inventory Management. How will AI use in the restaurant industry continue to evolve?
Food takes up more space in US landfills than anything else. Restaurant operators would be wise to take the following steps to reduce food waste and save money. Upgrade inventory and ordering systems with the latest technology. Proper inventory management is essential to decreasing food waste and saving related expenses.
Some of the changes are already taking place in major companies like McDonald’s, which has implemented technology such as personalized automated drive-through menus that change depending on the time of day, weather, current restaurant traffic, and trending items. Integrated Inventory and Purchasing. Optimized Delivery Processes.
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