Modern Restaurant Management

JANUARY 25, 2022

Thinking Strategically in 2022. I’ve been in this industry 30 years, but have never seen the constant bombardment of challenges that we’re faced with daily—staffing shortages, price increases, inventory problems, etc. If you’re like most restaurateurs, you have big ideas for making improvements in 2022.

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Modern Restaurant Management

DECEMBER 16, 2021

Operators should gravitate towards technology to automate inventory and track costs and sales to determine the best course of action. 2022 will be the year where the restaurant industry shows the world how flexible and techno-savvy it really is. Six key predictions for 2022 include: A focus on building an agile, resilient supply chain.

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Modern Restaurant Management

DECEMBER 18, 2023

A Look Back at 2023 To gauge the state of the restaurant industry, including the industry’s most pertinent worries around food and labor costs, Restaurant365 conducted a survey of over 730 customers representing 14,000+ locations in December 2022 and again in September 2023.

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Modern Restaurant Management

OCTOBER 21, 2022

Businesses in the food service industry are primarily adopting these advanced POS systems to streamline the communication between waitstaff and kitchen staff, inventory tracking, and improving team management. In 2022, U.S. These systems are also being used as they support future restaurant technologies like self-serving kiosks.

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Modern Restaurant Management

JANUARY 29, 2025

Since the outbreak began in 2022, the U.S. Advanced Inventory Management : Utilizing data-driven forecasting tools allows businesses to anticipate fluctuations and adjust procurement strategies accordingly. This devastating disease has led to the culling of over 20 million egg-laying hens in the last quarter of 2024 alone.

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Modern Restaurant Management

APRIL 10, 2024

And despite warnings of an imminent recession at the end of 2022, the U.S. percent between December 2022 and 2023. They’re using that information for myriad purposes—from effectively managing inventory to launching new menu items. Full-service menu prices climbed 4.5

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Modern Restaurant Management

FEBRUARY 17, 2025

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. During the current outbreak, HPAI has been detected in birds or other species nearly every month since the outbreak began in February 2022.”

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Modern Restaurant Management

MARCH 11, 2025

Furthermore, digital tools for inventory and labor management became crucial for navigating supply chain disruptions and staffing challenges. The operational challenges brought on by the pandemic, such as limited staffing and food inventory planning due to supply chain issues, made it clear that reliable reservations are essential.

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Modern Restaurant Management

FEBRUARY 17, 2025

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. During the current outbreak, HPAI has been detected in birds or other species nearly every month since the outbreak began in February 2022.”

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Modern Restaurant Management

MAY 2, 2022

Food and labor costs are elevated and expected to remain high in 2022 , negatively impacting restaurants’ profit margins. These tech systems let operators view sales patterns, track inventory, and determine areas of wastage to make smarter, more profitable and sustainable choices. Use what you have. Make your employees happier.

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Modern Restaurant Management

AUGUST 1, 2024

He believes that it's underutilized in the restaurant industry and can discuss the benefits it has for inventory management and food waste reduction, and why it’s a secret tech weapon that more brands should utilize. Vise spoke with Modern Restaurant Management (MRM) magazine about the opportunity for RFID in restaurants.

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Modern Restaurant Management

MAY 15, 2023

Today, the global food delivery app industry is predicted to reach $320 billion by 2029 — up from $140 billion in 2022. Try using a first-in, first-out (FIFO) model to maintain a consistent inventory schedule and prevent delivery orders from sitting on a shelf or getting lost in the shuffle. Consumers crave convenience.

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Modern Restaurant Management

JANUARY 18, 2023

If 2020 and 2021 were all about helping operators find new revenue streams to reach guests when they couldn’t come into restaurants, then 2022 was all about getting customers back in. On the management side, data science can aggregate customer reviews to help uncover elements of service that can be easily improved.

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Modern Restaurant Management

JANUARY 12, 2023

One of the biggest shifts in 2022 was how guests sought out restaurants through new and unexpected channels, like TikTok. In fact, in a 2022 study, 53 percent of millennial TikTok users said they had visited a restaurant after seeing it on the social media platform, showcasing the power of new platforms in driving business.

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Inventory 493

Modern Restaurant Management

MAY 19, 2022

percent from March 2021 to March 2022, accounting for the highest inflation rate since December 1981. Train Staff on the Importance of Restaurant Inventory Control. Training staff on inventory control provides value to your entire organization. The prices of goods and services have increased 8.5

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Modern Restaurant Management

SEPTEMBER 23, 2022

The team hopes to continue expansion to Dallas in late 2022. Similarly, the interior lighting choices required subtlety to create a mood for patrons, while providing enough task lighting for bartenders to work efficiently.

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Inventory 419

Modern Restaurant Management

JULY 20, 2022

Local search has had a big moment during the pandemic, and now as inflation surges and inventory challenges mark the latest hurdle, I think that moment is here to stay. Despite these challenges, on-premise dining continues to return, with 13 million diners seated via Yelp in Q1 2022, up 48 percent compared to Q1 2021.

Inventory 474

Inventory 474

Modern Restaurant Management

APRIL 11, 2024

Comparatively, 48 percent intend to automate additional on-premise functions (previously 41 percent in 2022). Leveraging technologies such as robotic food preparation and AI-powered inventory management systems can streamline processes and optimize resource utilization.

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Modern Restaurant Management

FEBRUARY 28, 2023

According to the National Restaurant Association’s 2022 State of the Restaurant Industry Report , 50 percent of operators for both full-service and quick-service restaurants said that recruiting and retaining employees was their top challenge. The list of ongoing operational tasks for running a restaurant is extremely complex.

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Modern Restaurant Management

MARCH 21, 2024

This means lower interest rates for businesses financing inventory and investing in expansion. Unemployment has remained low throughout this tightening cycle and while wages rose in 2023, wage increases were more muted compared to 2022. small businesses in driving economic growth.

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Modern Restaurant Management

AUGUST 17, 2022

The majority of restaurant operators expect the restaurant staffing shortage to extend into 2023 or later, according to the National Restaurant Association’s 2022 State of the Industry Report. An operator’s duties may include creating schedules, counting inventory, and entering invoices, but that does not define them.

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Modern Restaurant Management

DECEMBER 21, 2022

Slow movers tie up inventory -and the cash needed to by that inventory. Digital and mobile ordering isn’t going anywhere, but with the world’s full return-to-normalcy in 2022, we can expect to see consumer behaviors continue to the ease of online ordering with in-store pick-up and visitation. and the U.K.,

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Hospitality Net

FEBRUARY 4, 2025

of the existing inventory of U.S. For perspective, the average monthly ratio of rooms under construction to total inventory since 2019 is 2.9%. Further, the 151,129 rooms under construction is the lowest figure since August 2022, which marked the end of the build out of projects that began prior to the pandemic. hotel rooms.

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Inventory 52

Modern Restaurant Management

JUNE 23, 2022

Fast forward to 2022. Customers notice the difference between a spotless QSR with a clean dining area and fully-stocked inventory, and these details may move the needle to encourage a first-time customer to become a repeat customer. QSR workers, like everyone else, are expected to use technology on the job.

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Modern Restaurant Management

DECEMBER 29, 2023

However, our industry still is an attractive space for well-suited technologies, improving efficiencies at every level of the restaurant from inventory to customer service. Predictions show by 2040, the United States will have over six million fewer working-age people than in 2022. Parents of young children pay an average of $13.85

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Modern Restaurant Management

JUNE 8, 2023

It also helps that we manage all our food inventory together– all our food products are stored in the same walk-in. They operate out of a single kitchen, accessible via a narrow alley-turned-hallway added by the building’s previous owners over 50 years ago, which now acts as the behind-the-scenes gateway to each of the spots. "When

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Modern Restaurant Management

OCTOBER 20, 2023

Take a look at your customer loyalty programs, email lists, website management and analytics tools and restaurant management systems, such as POS data, inventory management, CRM or reservation system. Some of the most valuable insights for restaurants are found in general operations data, customer data and website data.

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Modern Restaurant Management

MARCH 14, 2024

” If your busy pizzeria or pizza chain faces challenges like incorrect online hours or out of stock inventory resulting in the “internal issues” cancellation reason, consider utilizing a menu management tool to update your hours and menu across all online platforms from one place. percent of total order cancellations.

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Modern Restaurant Management

MARCH 1, 2023

This assists with calculating current stock levels, along with tracking future costs, forecasting, and optimal inventory management. Streamlined Supply Chains This BOH trend took hold in the latter half of 2022, and will continue to be a significant element of restaurants all across the country.

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Modern Restaurant Management

OCTOBER 18, 2022

The EV market experienced explosive growth in 2021, which is projected to continue into 2022. Tech tools can help boost efficiency, reduce waste, staff smarter, as well as improve inventory, ordering, inspections, and more. In January, Tesla reported $5.5 Are you ordering proper quantities of food?

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Sculpture Hospitality

JANUARY 18, 2023

12, 2023 /CNW/ - For the 7th time since 2013, Sculpture Hospitality, the leading pioneer in the food and beverage inventory management industry, has once again been named one of the top 500 franchises in North America , ranking #384 in Entrepreneur Magazine's Franchise 500®, increasing its overall ranking by 40 spots since 2022.

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Modern Restaurant Management

JANUARY 9, 2023

.” Restaurants run on notoriously thin margins , so 50 percent of operators expect to be less profitable in 2023, while another 34 percent expect their profitability to remain the same as it was in 2022.

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Modern Restaurant Management

FEBRUARY 28, 2024

A well-designed QSR that emphasizes workflow optimization and smart customer flow is poised to stay ahead in a market that surpassed $382 million in 2022, up from the previous year's total of $322.05 Quick-Service Restaurants In the world of quick-service restaurants (QSRs), speed and efficiency have always been the hallmarks of success.

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Lithos POS

JANUARY 15, 2025

Factors such as the 2022 FIFA World Cup, the aftermath of the COVID-19 pandemic , and the adoption of cutting-edge technologies are reshaping these industries, making them more dynamic and competitive. The FIFA World Cup Effect The 2022 FIFA World Cup was a landmark event for Qatar, attracting millions of visitors from around the world.

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Modern Restaurant Management

FEBRUARY 5, 2024

Nearly all restaurateurs (98 percent) believe AI will solve some of their staffing challenges, particularly around food prep and delivery management (42 percent), voice ordering technology (41 percent), predictive ordering and inventory management (39 percent), and food prep robots (38 percent).

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Modern Restaurant Management

DECEMBER 31, 2024

Building on the company’s 2022 tour, this year’s research included six markets – Tampa, FL; Los Angeles, CA; Austin, TX; Portland, OR; Denver, CO; and New York City, NY – spanning 45 diverse casual dining, polished casual, fine dining, and cocktail bars.

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Modern Restaurant Management

DECEMBER 21, 2023

Research from 2022 found that 60 percent of employees wanted access to wages daily. For example, in 2022, a jury found a Miami bar liable for a deadly drunk driving accident. The idea that companies should wait for employees to request EWA assumes employees already know about the benefit but don’t want it. That may not be true.

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