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. Food Costs.

Pricing 208

Pricing Food Seasonal Menu Food Order 208

7 Shifts

NOVEMBER 24, 2024

Aside from improving restaurant customer experience , market research also helps you make informed decisions about location, pricing, and marketing strategies. increase in average wholesale food prices compared to last year, you might want to update your pricing strategy. With the 4.5%

Marketing 370

Marketing Social Media SEO Customer Service 370

Perfect Daily Grind

APRIL 4, 2022

In the coffee industry, larger roasters generally have a greater capacity to manage price risk, but small and medium-sized roasters also have tools at their disposal. To learn more about how coffee roasters can manage and minimise the impact of price risk, I spoke to some industry experts to learn more. What is price risk?

Pricing 166

Pricing Management Management Point of Sale 166

Perfect Daily Grind

MARCH 21, 2023

There are many actors involved in the coffee supply chain. However, there are also a number of intermediaries in the coffee supply chain, including those who mill, transport, and export coffee in producing countries. Conversely, other supply chain actors, such as roasters, retain much more value.

Pricing 176

Pricing Supplies Communication Sustainability 176

Culinary Cues

JULY 15, 2022

But not enough attention is being given to the issues surrounding the supply chain and the lack of real solutions. Think of the impact on supply that this creates now and in the future. [] GROWING POPULATION: While numerous factors impact food supplies, the world population continues to grow and so too does the demand for those products.

Food Supply 380

Food Supply Food Truck Consumer Goods 2000 380

Modern Restaurant Management

DECEMBER 15, 2021

Since the labor shortage across the supply chain is likely to persist past the short-term and with other costs also increasing, one of the few ways restaurants can maintain their margins without raising their prices is to find ingredients that have better yields and require less labor to prepare. So how do we get there as an industry?

Food Supply 197

Food Supply Supplies Food Point of Sale 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. However, with many medium or larger-sized roasters often having anywhere up to a year’s supply of green coffee, how can they manage their inventories as effectively as possible?

Supplies 176

Supplies Management Management Food Safety 176

Culinary Cues

JANUARY 20, 2024

There’s a reactionary movement that I keep seeing in restaurants; a movement that assumes the answer to the restaurant bottom line is to take more and give less or give too much to justify raising prices. A menu should thus be designed and priced to make those items seem essential.

Fine Dining 393

Fine Dining Back of House Food Truck Pricing 393

Perfect Daily Grind

APRIL 30, 2023

Over the past year or so, rising food prices and energy costs have been affecting many people around the world. In fact, in March 2023, the BBC reported that food prices had reached a 45-year high in the UK , with many other major coffee consuming countries also going through similar price increases.

Pricing 162

Pricing Food Supply Communication Article 162

Culinary Cues

AUGUST 21, 2023

Food was only surpassed by the breadth of wine lists and depth of distilled beverages, high priced art on the walls, enormously expensive glassware, Italian bone china plates, and custom sterling flatware. The entire experience was elevated and so were prices.

Back of House 393

Back of House Food Supply Government Dine-in 393

Culinary Cues

SEPTEMBER 30, 2021

Don’t allow it – there is no space for that crap in our places of work. [] THE SUPPLY CHAIN IS BROKEN AND WILL BE FOR A WHILE: This is the straw that broke the camel’s back. Well, the supply chain is bigger than all of us, very complex, and apparently – very fragile.

Food Supply 420

Food Supply Employee Relations Kitchen Safety Social Media 420

Culinary Cues

APRIL 15, 2023

Here’s the kicker: It cost each restaurant $900 to participate in the week (I guess to cover town wide promotion expenses) and every restaurant must agree to deep discount pricing for guests. There is no cache of money to turn to, and the prices we charge are not based on greed, but necessity. We would love that.

Seasonal Menu 451

Seasonal Menu Café Point of Sale Social Media 451

Modern Restaurant Management

JULY 18, 2022

The landscape has changed since the pandemic, and as restaurateurs, we need to push the bounds of innovation to develop short and long-term solutions to the things keeping us up at night – staffing and supply chain challenges. Supply Chain and Distribution. Labor – Retaining Quality Staff. Aloha Poke Co.

Fast Casual 197

Fast Casual Supplies Casual Franchise 197

7 Shifts

JANUARY 11, 2021

National Restaurant Association has partnered with LetsGetChecked to offer members exclusive pricing on-at-home tests Implement an Employee Health Tracking System to minimize infections and spread. Keeping your staff and your guests safe and healthy is the most essential thing we can do. Set Up COVID-19 screenings for your staff. Resources ??

Guest Recovery 358

Guest Recovery Online Ordering Outdoor Front of House 358

7 Shifts

AUGUST 18, 2024

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Prime cost does not include equipment and supplies, utilities, menu design, signage, decor or any other costs unrelated to the production of your product. Why is Food Cost Important?

License 370

License Equipment POS Food Supply 370

7 Shifts

NOVEMBER 17, 2021

You should take physical inventory on everything from edible ingredients and cleaning supplies to dinnerware, uniforms, and tabletop items - anything you need to order more of. Because the price of some items changes from week to week, make sure you use the latest price paid as the standard. Inventory starts with counting.

Inventory 370

Inventory Management Management Point of Sale 370

Culinary Cues

MARCH 15, 2021

When enrollment declines then colleges must make decisions to trim services, increase class sizes, eliminate content, reduce investment in supplies, or shut their doors. Every product that a student handles in class should carry a price tag. How will they be able to function when faced with that first job?

Education 543

Education Food Supply Training Communication 543

Culinary Cues

JANUARY 8, 2021

Chefs who are able to generate, assess, and use analytical data in their decision-making (menu trends, cost trends, daily labor analysis, market prices, etc.) then it’s time to retire. [] SUPPLY CHAIN NEGOTIATOR. will have the upper hand when it comes to securing those prime job opportunities. [] SOCIAL MEDIA SAVVY.

2021 464

2021 Social Media Kitchen Safety Restaurant Law 464

7 Shifts

AUGUST 2, 2024

This number is essential because it helps you determine the price of your food and beverages. TouchBistro stresses how the importance of this figure can help restaurant owners determine whether or not their food prices need to be adjusted. of times a specific item was sold x The item's price - (No.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

Culinary Cues

JULY 31, 2022

We can’t find any employees, people don’t want to work anymore, restaurants treat employees like crap, the pay sucks and the benefits don’t exist, prices are too high, supplies are impossible to find, and profit is so small that it isn’t worth the sweat and tears. Yet, all we hear is negativity.

Food Supply 396

Food Supply Training Supplies Café 396

Perfect Daily Grind

JANUARY 31, 2023

For the most part, both the price of arabica and robusta rely on futures contracts. These are legal agreements to buy or sell a particular commodity at a predetermined price on a set date. Changes in the foreign exchange market (also known as forex, FX, or currencies market) can affect many people across the coffee supply chain.

Pricing 172

Pricing Influencer Workshop 2022 172

Culinary Cues

AUGUST 22, 2022

The dish machine was likely an under counter unit and there was no need for a walk-in cooler since supplies were purchased every day; a reach-in or two would suffice. The kitchen was not filled with the most sophisticated equipment and certainly not computerized. Good friends, good food, good times.”.

Seating 445

Seating Front of House Back of House Cash Management 445

7 Shifts

APRIL 3, 2020

Here’s a quick refresher: Labor Food Utilities Equipment and supplies POS systems Restaurant cost breakdown These five categories typically make up nearly 100% of your operating costs, and are the cost “levers” you can pull or manipulate as a business in order to drastically reduce expenses. You might be thinking “what about my providers?”

BOH 368

BOH POS Influencer Point of Sale 368

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

Modern Restaurant Management

SEPTEMBER 7, 2021

A : Contract overlaps and pricing have a lot of impact on restaurant operators and their business, especially for those without supply chain personnel or who are simply too busy to check or double check pricing contract structures. You must constantly keep track of dates and make sure the right prices are being executed.

Audits 233

Audits Food Supply Supplies Pricing 233

7 Shifts

AUGUST 6, 2021

Adjust the forecast with any current factors that may increase or decrease your sales forecast, such as shifts in demand or supply. Shifts in supply and demand for various foods can cause you to bring your sales forecast back to the drawing board. Factor in trends. Get granular. Plan your schedule. What can 7shifts do for you?

Seasonal Menu 370

Seasonal Menu Point of Sale Inventory Food Supply 370

7 Shifts

JUNE 29, 2022

The FTC Rule largely pertains to franchisors supplying prospective franchisees with a franchise disclosure document – a document from franchisors providing 23 key information points to franchisees regarding need-to-know information about the business. These points include: Initial fees. Trademark rules. Financing information.

Franchise 370

Franchise Franchising Restaurant Law Document 370

Modern Restaurant Management

NOVEMBER 24, 2021

Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. In fact, according to the National Restaurant Association, 95% of operators said their restaurant has experienced supply chain delays or shortages in recent months.

2021 190

2021 Food Supply Food Truck Supplies 190

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 131

Waste Pricing Airlines Food 131

Culinary Cues

NOVEMBER 20, 2023

Holiday decorations were already on full display, a touch of snow was on the ground and Christmas Carols were drifting through the air, but shoppers and diners were in very short supply. Some businesses understand how to use pricing to draw people in and then how to upsell the experience – others are not – SHARE what you’re good at.

Customer Experience 366

Customer Experience Customer Service Food Safety Hospitality 366

Culinary Cues

FEBRUARY 13, 2022

The not so good news is that labor issues continue to plague all restaurants from fine dining to quick service, and supply chain challenges are limiting availability and in conjunction with inflation pushing prices of raw materials to unprecedented levels. There are a number of possible solutions, but not all of them positive.

Compost 440

Compost Fine Dining Waste Café 440

7 Shifts

DECEMBER 18, 2023

Food cost tracking The cost of food changes regularly based on supply and demand. You’ll get detailed daily reports on price changes and even price forecasting. You can then use this information to adjust your menu, make purchasing decisions, or change your pricing. Food cost tracking tools include Meez and MarginEdge.

Management 397

Management Management Email Marketing Point of Sale 397

Culinary Cues

NOVEMBER 20, 2020

One thing that has become very apparent during this pandemic is that our supply chain is far more fragile than we thought. In fact, I would dare to guess that bars, in particular, would find themselves busier than ever before. [] Smaller Farms Will Become Essential Once Again.

Social Media 499

Social Media Education Email Marketing 2008 499

Modern Restaurant Management

FEBRUARY 16, 2022

Those who don’t are effectively lowering their prices. Understand if your prices are keeping pace with inflation and maintain a markup that matches the costs associated with paying suppliers and staff. Restaurants are dealing with the dual hit of labor shortages and supply chain challenges? Why do you feel that might be?

Cash Management 207

Cash Management Food Supply Seasonal Menu Social Media 207

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. Make small changes.

Food Safety 219

Food Safety Food Supply Waste Sustainability 219

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 204

Technology Food Supply Inventory Supplies 204

Culinary Cues

AUGUST 4, 2022

The greatest threat is not the labor shortage or supply chain issues, it’s not the pandemic or the price of real estate – yes, all those concerns are troubling and must be dealt with, but they are not what will bring the restaurant industry to its knees. Well then – what will? Try apathy on for size. Toynbee (author and historian).

Front of House 332

Front of House Back of House Coaching Customer Service 332