7 Shifts

AUGUST 29, 2019

Menu engineering: while the name might suggest you need to go to college at MIT to be good at it, is actually a common and essential task that all restaurateurs should regularly undertake. Menu engineering can be simplified as the steps taken to increase the profitability of a restaurant menu. Menu Pricing and 2.

Menu 279

Menu Point of Sale Website Management Online Ordering 279

Cheetah

NOVEMBER 17, 2021

Taking advantage of the growing trend of reducing food waste is a great way to achieve both. By taking a few simple actions to reduce food waste, operators can position themselves as a conscious business that appeals to the heart of their patrons. The Food Waste Pandemic. Covid-19 Boosts Food Waste Reduction Trend.

Waste 148

Waste Compost Food Social Media 148

Restaurant365

JANUARY 18, 2022

While true zero-restaurant food waste is extremely rare, it can be a meaningful goal. Implementing a zero-waste initiative can help minimize your carbon footprint and may even attract new customers who embrace your environmental friendliness. Additionally, limiting your food waste can improve your restaurant’s bottom line.

Waste 147

Waste Compost Food Consumer Goods 147

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. Logistics challenges and labor shortages have fueled rising food prices at the wholesale level. Data from the Bureau of Labor Statistics showed the November Producer Price Index, a measure of wholesale prices, up 9.6% from a year ago.

Inventory 148

Inventory Pricing Management Management 148

Culinary Cues

APRIL 23, 2022

The cost of raw materials seems to always go up, most ingredients that restaurants use are highly perishable, customer volume is less predictable than we would like, seasonal differences in quality are quite significant, the supply chain is out of step with demand, and waste seems to be a real problem in many operations.

Food 385

Food Seasonal Menu Waste Point of Sale 385

Squirrel Systems

MARCH 3, 2024

In today’s competitive dining industry, maintaining profitability while keeping prices stable is a significant challenge for restaurateurs. High operating costs, fluctuating commodity prices, and the ever-evolving preferences of guests can all squeeze margins.

Pricing 52

Pricing Loyalty Program Waste Social Media 52

The Restaurant Times

JUNE 21, 2022

Are you rolling out a new menu? Launching a new menu lets you have some great catchy content that will level up your restaurant’s advertising game. With this, you can take advantage of your new menu’s potential and pump up your new and existing customers to try out your new items. . Well, you’re in luck!

Pricing 52

Pricing Menu Marketing Social Media 52

Restaurant365

NOVEMBER 12, 2021

Your restaurant’s menu engineering strategy impacts your menu mix, pricing, and your overall profitability. Leveraging a mix of operational reporting tools that focus on menu profitability helps you maximize revenue and adds to your bottom line. How menu engineering works.

Menu 143

Menu Operations Point of Sale POS 143

Apicbase

APRIL 28, 2023

Every report on food waste is a jaw-dropper. Food waste is a monumental problem with massive consequences. An estimated 32% of all food produced worldwide is lost or wasted from farm to fork (some reports even say between 40-50%). Food loss and waste represent about $940 billion in annual economic losses. on food costs.

Waste 52

Waste Food Point of Sale Inventory 52

Restaurant Engine

JULY 28, 2021

You want to price your daily dinner specials just right for repeat business. It’s also a great way to try out new menu items to see if your diners like them. Yet, it can be hard to know where to go with pricing. In this article, we look at how to price daily dinner specials for the best results. The menu price.

Specials 111

Specials Pricing Email Marketing Advertising 111

Restaurant365

FEBRUARY 25, 2022

Operators can determine what works best for their individual business by testing a new menu item during popular times such as happy hour or brunch. Rather than recreating your menu to include short-lived menu items – which can be pricey – promote these items on table tents and special boards. The menu price is $8.00.

2022 148

2022 Menu Seasonal Menu Pricing 148

Apicbase

OCTOBER 28, 2022

If CoGs and overheads rise due to inflation, your menu prices should follow. But before adding a flat 5% to each menu item, use these tactics. That way, you can keep price increases minimal. In normal circumstances, when menu prices have to be adjusted, it is usually done strategically and with great caution.

Pricing 98

Pricing Point of Sale Inventory Seasonal Menu 98

7 Shifts

MAY 23, 2024

Improving your restaurant operations to succeed in this highly competitive industry means serving quality food and providing excellent customer service while minimizing waste, reducing costs, and keeping your employees engaged. For instance, while doing your data review, you notice that one of the items on your menu is no longer profitable.

Operations 221

Operations Kitchen Safety Food Safety Restaurant Law 221

7 Shifts

NOVEMBER 17, 2021

You'll also be less likely to order too much of any ingredient, which leads to food waste. Because the price of some items changes from week to week, make sure you use the latest price paid as the standard. Total Cost : Multiply the unit price of each item by the amount of that item that you have in your inventory.

Inventory 370

Inventory Management Management Point of Sale 370

Lavu

NOVEMBER 17, 2023

By staying on top of profit margins, you can make informed decisions about pricing, portion sizes, and operational costs, thereby improving your profit margins. Therefore, exploring effective ways to increase sales and carefully managing expenses, pricing, and menu offerings become vital strategies in maintaining a healthy profit margin.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

Aaron Allen & Associates

MARCH 29, 2024

In the dynamic landscape of the restaurant industry, one of the most critical challenges is striking a balance between offering innovative menu items and maintaining a simplified, navigable menu. This is what menu engineering is about. 2024 will be a great year for menu overhauls, not just LTOs. LTOs per week.

Innovation 52

Innovation Menu 2024 FOH 52

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. Integrating menu engineering and AvT tracking allows each solution to complement the other, fueling an effective profit margin strategy.

Waste 174

Waste Food Supply Point of Sale Inventory 174

Modern Restaurant Management

FEBRUARY 2, 2023

With more food comes the potential for more waste. restaurants rack up 22-33 billion pounds of food waste per year. Secure pricing before placing bets on new dishes. Tell your supplier your price points and the necessary ingredients for anything you’d like to put on the menu. Sell chicken wings.

Menu 88

Menu Point of Sale Seasonal Menu 2025 88

Modern Restaurant Management

MARCH 21, 2023

Many brands have been experimenting with new technology to help reduce the demand for labor and combat recent price inflation. Smart menus and app-based ordering are examples of platforms that allow brands to relay information to customers in real-time, saving time and resources in communicating or justifying a price change.

Technology 184

Technology Consumer Goods Waste Supplies 184

Modern Restaurant Management

MAY 27, 2021

When restaurants use digital menus, order forms and other mobile tools via a contactless kiosk, it reduces the waste and pollution associated with printing physical versions of those items. That’s why restaurants should put digital forms and contactless kiosks on the post-pandemic menu.

Menu 156

Menu Mobile Ordering Food Safety Online Ordering 156

7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. This can reduce your budget for ingredients and, at the same time, minimize food waste. Most restaurants try to keep it at around 30% to be safe.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

Modern Restaurant Management

OCTOBER 28, 2021

When inventory management is done the right way, operators can reduce costs, reduce waste, and reduce the number of hours spent managing this important variable of their business. When you don’t know the true cost of each of your menu items, there is no way to accurately order the right amount of ingredients. Prevent Shortages.

Inventory 204

Inventory Management Management Waste 204

The Restaurant Times

JULY 28, 2021

As per the Food Sustainability Index, a person wastes 494 pounds of food per year in the UAE, which is way higher than in the USA and Europe. High food waste is not just bad for restaurants, it also impacts the environment and food security significantly. Thus, there arises a need for an efficient waste management system. .

Waste 52

Waste Management Management Operations 52

Lavu

APRIL 6, 2020

Feel like your menu is a bit lackluster? Even the most popular menus can seem a bit dull with time. Many restaurants choose to update their menu constantly, and although this can be a successful practice, it must be done with care. So, what type of menu changes can be positive on your ROI? Daily, Weekly, or Monthly Menus.

Menu 78

Menu Dietary Restrictions Seasonal Menu Point of Sale 78

Modern Restaurant Management

FEBRUARY 27, 2023

Careful forecasting can help improve order accuracy and reduce waste. It also may be time to update the restaurant’s menu. By minimizing the menu options, a unit can limit the amount of inventory needed to order each week. Cross utilizing menu items helps reduce waste and save money.

Cash Management 185

Cash Management Point of Sale Inventory Email Marketing 185

The Restaurant Times

DECEMBER 5, 2020

One area of restaurant operations you must regularly check and monitor is your menu. An upgraded menu can bring in opportunities to generate more revenue and cut down costs. Thinking about whether your restaurant menu needs an upgrade? How to Know If Your Restaurant Food Menu Needs an Upgrade. We have got you covered.

Menu 96

Menu Seasonal Menu POS Food Order 96

Culinary Digital

MAY 6, 2024

A streamlined menu serves as a cornerstone of enhanced cost management within a restaurant or food service establishment, bringing about a range of strategic advantages that can significantly impact the financial health and sustainability of the business. With a limited menu, there is a reduced variety of ingredients to stock and manage.

Management 52

Management Management Equipment Sustainability 52

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 192

2024 Food Supply Kitchen Safety Influencer 192

Modern Restaurant Management

JUNE 5, 2023

ChatGPT, a chatbot based on GPT-3 and GPT-4 technology, can also be trained on a central database with information about local menu availability, opening hours, events, location information and more, resulting in a human-like conversation with a customer. The use of AI is not limited to scheduling and staffing.

Dine-in 186

Dine-in Customer Service Customer Experience Inventory 186

7 Shifts

JUNE 4, 2021

Ideal menu price. To put it simply, your cost of goods sold is how much it costs you to produce a menu item. As you add together all of your menu items, you can determine the total cost of everything (to you) that you sell to your guests. It also plays a key factor in pricing your menu. Check Average.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully. This agility is crucial for staying relevant in a market where culinary innovation is critical.

2024 52

2024 Technology Menu Mobile Ordering 52

ChowNow

MAY 22, 2024

Prices of ingredients, supplies, and packaging fluctuate all the time, while impacting the bottom line. COGS isn’t just the price of what goes into a dish; it’s also all the expenses for making and delivering it. Optimize menus: Tweak prices, recipes, or swap out items that don’t make as much money.

Inventory 78

Inventory Management Management Back of House 78

Modern Restaurant Management

DECEMBER 13, 2022

Labor and Waste Savings. Not only does sous vide cut labor costs, but it also cuts waste. By using sous vide, restaurants can dramatically reduce waste while simultaneously enhancing the quality of their dishes. Using sous vide can also help restaurants to lock in prices for future events, banquets, or menu offerings.

Waste 185

Waste Food Supply Food Order Pricing 185

Modern Restaurant Management

MAY 10, 2023

Instead of wasting valuable working time labeling all these things, automation can do it for you. It All Starts at the Menu The menu is a somehow undervalued piece of the puzzle regarding restaurants. With the digitization of menus during the pandemic, restauranteurs can use automation to such great benefit.

Online Ordering 172

Online Ordering Social Media Customer Experience Food Order 172

Modern Restaurant Management

NOVEMBER 30, 2023

Streamlining Inventory and Menu Studies show that restaurants waste an average of four percent to 10 percent of all the inventory they purchase. For instance, if table turnover rates are lagging, it might be time to train staff for faster service or tweak the menu for speedier dish preparation.

POS 116

POS Operations Loyalty Program Seasonal Menu 116

The Restaurant Times

OCTOBER 10, 2021

Menu engineering is the study of how profitable and popular your menu items are. It helps you decide which items to retain or take off from your menu. The main goal of menu engineering is simple: to increase profits for the company. Importance of Menu Engineering. Why is menu engineering important though?

Menu 52

Menu Seasonal Menu Definition Waste 52

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. Inaccurate sales forecasting can result in wasted funds on labor, inventory, and even operating expenses for the restaurant. Why Should You Conduct a Restaurant Forecast?

Seasonal Menu 370

Seasonal Menu Point of Sale Inventory Food Supply 370