Modern Restaurant Management

MARCH 2, 2022

Restaurant menu prices continue upward as the U.S. Operators are being forced to make changes in an effort to navigate the price escalation. Technomic also reported that 45 percent of consumers say they usually pick restaurants with lower prices. Department of Labor reported an inflation rate of 7.5 percent on an annual basis.

Pricing 487

Pricing Menu Food Supply Waste 487

Modern Restaurant Management

MARCH 11, 2025

While working hard to bring customers back into the restaurant is very important for success, it has become more important to figure out the third-party equation in terms of pricing, commissions and fees, and value – which is ultimately the difference between success and failure.

Loyalty Program 471

Loyalty Program Mobile Ordering Customer Experience Online Ordering 471

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 520

Pricing Food Seasonal Menu Food Order 520

Modern Restaurant Management

OCTOBER 8, 2020

The sunny high desert climate of Yuma, supplied with water from the Colorado river, makes it the perfect lettuce-growing partner. Any weather-related issues can have a dramatic effect on supply and prices as lettuce transitions from one area to the next. The winter, however, can bring on dense fog, which lettuce is opposed to.

Pricing 474

Pricing Seasonal Menu Supplies Agriculture 474

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 414

Supplies Food Supply Front of House Fast Casual 414

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

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 493

Food Supply Supplies Food Point of Sale 493

The Rail

OCTOBER 17, 2024

The Problem with Restaurants’ Supply Chain Food Waste You’ve probably felt forced to raise menu prices to offset losses incurred by wholesale prices rising and fewer people eating out. The consumer price index for restaurant food costs increased by 7.7% What else can it do for you? This tool is also cost-effective.

Food Supply 130

Food Supply Waste Supplies Food 130

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 414

Supplies Guest Recovery Food Supply Communication 414

Modern Restaurant Management

DECEMBER 17, 2024

Additionally, supply chain disruptions can complicate sourcing efforts. Thus, finding the right balance between maintaining high quality and keeping prices reasonable is crucial. Educating consumers about the benefits of sustainable ingredients can also foster understanding around pricing, making them more willing to pay a premium.

2025 419

2025 Loyalty Program Customer Experience Online Ordering 419

Modern Restaurant Management

FEBRUARY 17, 2025

We can expect to see a prolonged period of higher egg prices through the Easter and well into 2025, according to a repor t from CoBank. While this can be largely attributed to supply challenges associated with bird flu which has affected nearly 100 million egg-laying hens since 2022, it's not the only factor.

Hospitality 221

Hospitality Food Supply Seasonal Menu 2025 221

Goliath Consulting

AUGUST 28, 2020

With how the restaurant industry looks right now, from shifting consumer behavior and volatile demand, strategically pricing a menu has never been so complicated, nor so important. Talk to your vendors about commodity price trends that impact your menu. Determine the pricing elasticity of items. Study the market.

Pricing 397

Pricing Menu Food Supply Food Safety 397

Modern Restaurant Management

FEBRUARY 17, 2025

We can expect to see a prolonged period of higher egg prices through the Easter and well into 2025, according to a repor t from CoBank. While this can be largely attributed to supply challenges associated with bird flu which has affected nearly 100 million egg-laying hens since 2022, it's not the only factor.

Hospitality 221

Hospitality Food Supply Seasonal Menu 2025 221

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 493

Fast Casual Supplies Casual Franchise 493

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 275

Supplies Tip Distribution Food Supply Management 275

EATER

MARCH 11, 2025

Jaya Saxena, correspondent Outages and supply chain challenges mean higher prices The early days of the pandemic were marked by unexpected price hikes (a run on flour and yeast) and unpredictably empty shelves (the great bucatini shortage of 2020 ). food prices have risen by 23.6 food prices have risen by 23.6

Food Supply 244

Food Supply Outdoor Food Order Food Safety 244

Modern Restaurant Management

MARCH 17, 2025

This is where a buying group brings that advantage, helping source at the best price, quality, and then creating sourcing redundancy when mother nature gets in the way of supply with fresh agricultural products. Having many team members mean there are many salaries being paid and those salaries are accounted for in the service price.

Food Supply 221

Food Supply Customer Service Back of House Small Business 221

EATER

NOVEMBER 26, 2024

At least four manufacturers that Sazen works with are experiencing supply shortages over their “entire matcha portfolio” and have suspended sales. Though Mangan currently feels confident about Kettl’s supply chain for matcha, he acknowledges that some of their offerings are sold out.

Point of Sale 311

Point of Sale Food Supply 2001 Fast Casual 311

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 584

Audits Food Supply Supplies Pricing 584

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 344

Waste Pricing Airlines Food 344

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 474

2021 Food Supply Food Truck Supplies 474

Modern Restaurant Management

FEBRUARY 24, 2025

Revenue growth in 2024 was largely driven by menu price adjustments. Although concerns about customer sensitivity influenced pricing decisions, only 9 percent of restaurants did not change prices in 2024, down 19 percent from 2023, indicating a stronger shift towards strategic price increases.

2024 251

2024 2025 2023 Loyalty Program 251

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 518

Cash Management Food Supply Seasonal Menu Social Media 518

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 546

Food Safety Food Supply Waste Sustainability 546

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 508

Technology Food Supply Inventory Supplies 508

Culinary Cues

JULY 4, 2021

By now, everyone is aware that there are enormous challenges with the supply chain – brought on by the pandemic and post pandemic rush to return to normal. So, here we are facing overnight demand (it’s like everyone turned on the open switch at the same time) that exceeds supply and our ability to deliver.

2021 505

2021 Food Supply Seasonal Menu Supplies 505

Modern Restaurant Management

DECEMBER 21, 2021

While the restaurant industry has experienced major supply chain and labor issues throughout the pandemic, it is now reaching a tipping point. While supply chain issues will likely decrease over the course of 2022, wage inflation represents a new status quo on the bottom line. Optimize the Supply Chain.

Point of Sale 491

Point of Sale Supplies Back of House Customer Experience 491

Modern Restaurant Management

JUNE 1, 2022

How value engineering can be a restaurant construction solution in the face of rising prices and unpredictable supply chains. As the prices of construction materials skyrocket due to rising inflation and supply chain woes, budgeting for commercial development has become significantly more challenging.

Design 520

Design Supplies Equipment Education 520

Modern Restaurant Management

APRIL 10, 2024

Restaurant operators have faced stiff headwinds since 2020, with a near-constant swirl of inflation, supply chain and labor challenges. Adapt to Growing Price Fatigue Since the pandemic, controlling food costs has been a major challenge for restaurant operators. Full-service menu prices climbed 4.5

2023 492

2023 Point of Sale Loyalty Program 2024 492

Modern Restaurant Management

APRIL 30, 2024

As a proud part of the leadership team at Craveworthy Brands, the platform company behind 11 unique restaurant concepts, I lead day-to-day supply chain management, events, distribution, and of course, LTOs. Working with a team, other colleagues in the industry, or vendors can supply significant support at this stage.

Food Supply 493

Food Supply Seasonal Menu Supplies Design 493

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 474

Technology Consumer Goods Supplies Waste 474

Modern Restaurant Management

DECEMBER 22, 2022

clustered as the next three issues of concern, followed by supply chain issues around food items. Staff retention and supply chain issues around non-food items fell lower on the list. . Is it based on food costs/supply challenges? . What were common menu items where prices were raised? .

Food Supply 473

Food Supply 2023 Fine Dining Fast Casual 473

Modern Restaurant Management

DECEMBER 28, 2021

Labor shortages and other factors are affecting the global supply chain in never-before-seen ways, and certain commodities are intermittently not available, or if they are, they’re expensive. More recent price increases have nearly doubled this number. According to a report from S&P Global Market Intelligence, U.S.

Franchise 492

Franchise Franchising 2022 Fast Casual 492

Modern Restaurant Management

DECEMBER 27, 2022

We’re still facing product shortages, exacerbated by ongoing supply chain interruptions and the Russian-Ukrainian war stalling food shipments – including 9.5 Inflation is causing food prices – and food insecurity – to soar. . Manage Suppliers All Along the Supply Chain. million tons of grain. Increase Quality and Accuracy.

Food Safety 566

Food Safety Audits Food Supply Food 566

Modern Restaurant Management

FEBRUARY 15, 2022

Certainly one thing on everyone’s mind today is price. Inflation, scarcity in the supply chain, and labor constraints have tacked on dollars. Avocados have a long supply chain with many links because the fruit comes in from Mexico, Chile, and Peru. It is when these costs sneak in that margins go down.

Food Supply 474

Food Supply Food Safety Front of House Back of House 474

Modern Restaurant Management

DECEMBER 20, 2022

The restaurant industry once again proved its resilience in 2022 as it dealt with ongoing obstacles like inflation, supply chain, labor shortages and more. Increasing menu pricing has helped to offset costs and so far, has continued to attract customers since grocery prices are outpacing the increases in restaurant tickets for dining out."

2022 493

2022 Food Supply Point of Sale Dietary Restrictions 493

Modern Restaurant Management

OCTOBER 24, 2024

This overall increase in demand could lead to rising energy prices for consumers and businesses. Fuel costs: The price of electricity is influenced by the cost of the fuels used to generate that electricity, and as demand for these fuels also increases, prices are likely to climb.

Equipment 221

Equipment Pricing Influencer Sustainability 221