Inventory Technology Waste 
Modern Restaurant Management
OCTOBER 2, 2023
Food waste is recognized as an endemic challenge around the world. is wasted each year, about 119 billion pounds, estimated at over $408 billion. For restaurants, an industry with challenging profit margins, minimizing food waste is nothing less than a survival strategy. But unchecked waste can threaten the bottom line.
Modern Restaurant Management
NOVEMBER 7, 2024
Around 33 to 40 percent of food goes to waste each year. What restaurants can do, however, is re-think how their direct food supply is managed – from transport to inventory control. ” In other words, it uses data to shape the supply chain, often in conjunction with AI and machine learning technology. .”
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Modern Restaurant Management
OCTOBER 28, 2021
Taking inventory 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.
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 9, 2022
The restaurant industry loses an astounding $162 billion each year in food waste. All restaurants should proactively work to reduce food waste, which will also help you save money, increase profits, spotlight your commitment to sustainability, and help the environment. Between a third and a half of food is wasted worldwide annually.
Modern Restaurant Management
MAY 11, 2022
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.
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