Lavu

FEBRUARY 14, 2024

A state-of-the-art restaurant POS System, specifically tailored for bars and restaurants, streamlines transactions, inventory management, and customer service, ensuring that business owners can focus on what they do best—serving their patrons. Most quality POS systems feature built-in real-time inventory control software.

Inventory Management 166

Inventory Management Inventory Point of Sale Kitchen Display System 166

Modern Restaurant Management

DECEMBER 9, 2024

Utilizing insights from your POS data will help you make informed decisions that predict how demand will look in the lead up to the big day. As well as ensuring your customers are provided with a great customer experience and delicious food, accommodating for the busy period will ensure your workforce remains happy.

Inventory 167

Inventory Customer Experience Point of Sale Staffing 167

Modern Restaurant Management

MAY 1, 2024

Communication Silos in Restaurants A few communication silos that commonly present themselves in restaurant operations include: Waitstaff : The most common communication silo in restaurants is the waitstaff who bear the brunt of the customer-facing operations of the restaurant, since they are the ones who get to see the customer experience up close.

Customer Experience 197

Customer Experience Inventory Management Inventory Restaurant Manager 197

Modern Restaurant Management

DECEMBER 18, 2023

According to the 2022 data, 74 percent of customers surveyed expected to see a rise in food costs, and in September 2023, the average increase in food costs reported was 2.9 Fifty-three percent of those respondents said they have reduced their cost of goods sold (COGS) through better inventory tracking of key ingredients.

Inventory 203

Inventory Customer Experience Staffing Purchasing 203

Modern Restaurant Management

JULY 13, 2021

Personalization is a key ingredient to dishing up a comprehensive customer experience, capturing valuable data and enabling brands to reach out to customers though several touchpoints that create the customer journey: the drive-thru, menu board, branded apps, kiosks and loyalty programs. Further, 97.2

Customer Experience 213

Customer Experience Purchasing Inventory 213

Modern Restaurant Management

MARCH 6, 2024

Other AI Functionalities in Restaurants: Beyond conversational interfaces, AI functionalities likely to gain traction in restaurants include predictive analytics for inventory management and AI-driven personalization for menu suggestions. What other AI functionality do you feel will be utilized more in restaurants this year?

Customer Experience 189

Customer Experience Customer Service Customer Service Inventory Management 189

Modern Restaurant Management

JANUARY 15, 2024

Operators need to invest in a back-of-house technology system that simplifies daily tasks for them, such as inventory and scheduling.

Inventory 208

Inventory Catering Catering Food and Beverage 208

Modern Restaurant Management

JULY 5, 2023

This article explores how QSRs can harness the power of technology to enhance operations, deliver more engaging experiences, reduce costs and increase profitability. For example, well-crafted integrations between software systems enable simplification and automation of order management, inventory control and customer relationship management.

Hospitality 180

Hospitality Hospitality Customer Experience Online Ordering Systems 180

Modern Restaurant Management

JUNE 10, 2024

Restaurants must comply with data protection regulations and implement robust security measures to protect customer data. Transparency with customers about how their data is used and giving them control over their information is also crucial for maintaining trust.

Customer Experience 178

Customer Experience Point of Sale Inventory Management Staffing 178

Modern Restaurant Management

MAY 31, 2022

Below is more information about restaurant reporting and a list of the best reporting practices restaurants should consider following. ERP systems streamline and automate inventory management, provide real-time low-stock notifications, allow users to download critical data, and improve overall visibility into the business.

Inventory 197

Inventory Customer Experience Point of Sale Restaurant Manager 197

Modern Restaurant Management

APRIL 26, 2022

Restaurants that integrate AI into their POS systems benefit from detailed analytical data generated by the system, which informs management about the utilization of inventory items, resulting in significant cost savings. Another application of AI in restaurants is the creation of Personalized Customer Experiences via Kiosks.

Customer Experience 198

Customer Experience Purchasing Inventory 198

Modern Restaurant Management

AUGUST 22, 2024

. "Guests want to know what items are included in each dish, where the products come from, and other information like allergens. Restaurants should be able to provide this information to anyone placing orders or reading a menu.

Inventory 162

Inventory Customer Experience Customer Service Customer Service 162

Modern Restaurant Management

DECEMBER 17, 2021

Customer-centric. Customer experience management. In the wake of the pandemic, many restaurants have reshaped their entire approach to customer engagement prioritizing frictionless digital experiences, expanded delivery options, and increased health and safety precautions. Personalized.

Customer Experience 189

Customer Experience Food Service Food Service Dining Operations 189

Modern Restaurant Management

MAY 19, 2022

Not only is your menu a key part of the customer experience but consider all major areas of restaurant operations, such as food cost, labor, marketing, accounting, and sales forecasts when making decisions about your menu. Train Staff on the Importance of Restaurant Inventory Control. Learn to Forecast Accurately.

Recipes 188

Recipes Inventory Food and Beverage Food and Beverage 188

Modern Restaurant Management

JANUARY 20, 2022

Some of the biggest disruptors will result from the increase in information technology, autonomous vehicles, automation and robotics in the kitchen, and AI chefs. How AI Will Change Consumers Restaurant Experience. Kiosks that Personalize Customer Experiences. Integrated Inventory and Purchasing. Voice Ordering.

Inventory 209

Inventory Purchasing Chef Point of Sale 209

Lithos POS

NOVEMBER 15, 2024

Customer experience is a key factor that can make or break a retail business. LithosPOS excels with advanced features that allow businesses to seamlessly manage transactions, track inventory, and integrate with other systems. A positive shopping experience leads to higher customer retention, more referrals, and increased sales.

Customer Experience 52

Customer Experience Inventory Point of Sale Purchasing 52

Modern Restaurant Management

MARCH 6, 2020

You probably have a system to manage your payroll, another for sales, one for inventory, one for security, one for data analysis—and more. Dashboards also have the added benefit of consolidating data from multiple different systems, giving restaurant operators information that wouldn't otherwise be apparent.

Inventory 206

Inventory Customer Experience 206

Food Safety Tech

OCTOBER 2, 2023

Optimizing shelf life for product inventory. This information empowers businesses to optimize inventory management, implement dynamic pricing strategies and reduce waste (and associated costs) by ensuring products are sold or consumed before expiration. Elevating the customer experience.

Food Safety 122

Food Safety Inventory Management Inventory Customer Experience 122

Modern Restaurant Management

MAY 9, 2023

Customer Experience Any business person will tell you that the best way to boost revenue over time is to make such a great impression that new customers keep coming back for more. Building a loyal fan base is all about creating great experiences and, for this, automation can be a very useful tool.

Customer Experience 178

Customer Experience Inventory Purchasing Hospitality 178

Modern Restaurant Management

JUNE 26, 2024

Throughout his 17 years at Mood Media, he's held various customer engagement and sales leadership roles and has worked with key technology partners to optimize innovative solutions based on vertical market trends and customer feedback that deliver positive ROI to operators. Where are the bottlenecks and frustrations?

Customer Experience 175

Customer Experience Inventory Restaurant Manager Restaurant Management 175

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. By comprehending the financial dynamics at play, restaurateurs can make informed decisions that contribute to their overall profits and sustainability.

Inventory Management 138

Inventory Management Inventory Food and Beverage Food and Beverage 138

Modern Restaurant Management

DECEMBER 16, 2021

Operators will look to technology to offset labor shortages and free up staff to enhance the dining experience. Restaurants juggle multiple operations simultaneously on any given day, from tracking sales to planning logistics and maximizing the customer experience. A simple facial expression can elevate the customer experience.

Hospitality 190

Hospitality Hospitality Customer Experience Point of Sale 190

Modern Restaurant Management

DECEMBER 17, 2024

When consumers order more food online, it’s clearly good for business – but it can also make it harder for businesses to manage inventory. In 2025, restaurants need to have a plan in place that ensures they are effectively managing inventory and redirecting unused, still edible food to donations.

Inventory Management 167

Inventory Management Inventory Food and Beverage Food and Beverage 167

Lavu

NOVEMBER 30, 2024

They connect tools like inventory tracking, payroll, and online ordering into one system, allowing real-time data access for smarter decisions. Key benefits include: Efficiency : Automates workflows like inventory management and order processing. This level of transparency builds trust and encourages repeat business.

Kitchen Display System 78

Kitchen Display System Inventory Staffing Customer Experience 78

Modern Restaurant Management

OCTOBER 20, 2023

However, to best promote potential discounts, they’ll need high-quality insights into what customers want. Using this data to inform marketing efforts brought significant success. This data can help to inform improvements in restaurant marketing, customer experience and your digital presence.

Inventory Management 152

Inventory Management Food Prices Inventory Customer Experience 152

Modern Restaurant Management

SEPTEMBER 3, 2024

Small chains often face a delicate balancing act: keeping up with larger chains and evolving customers while managing limited resources and tight profit margins. These systems help streamline scheduling, payroll and inventory management, reducing labor costs and improving overall operational quality and efficiency.

Inventory 184

Inventory Point of Sale Inventory Management Staffing 184

Lithos POS

NOVEMBER 5, 2024

Effective inventory management is essential for both retailers and restaurants. Poorly managed inventory can lead to missed sales opportunities, increased waste, and unhappy customers. Here are five ways LithosPOS improves inventory accuracy while solving common inventory challenge 1.

Inventory 52

Inventory Inventory Management Point of Sale Customer Experience 52

Modern Restaurant Management

JULY 30, 2020

They also had a tremendous amount of data from disparate sources with no way to efficiently aggregate and analyze inventory, customer preferences and more. “Technology is helping us to reimagine our restaurants and our customers’ experience without losing any of the quality and warmth they have come to know and love.”

Point of Sale 154

Point of Sale Food and Beverage Food and Beverage Kitchen Display System 154

Lithos POS

JANUARY 1, 2025

Are you struggling with long checkout lines, inefficient inventory management, or customer satisfaction? According to a study by Statista , retailers that adopt advanced technology solutions have seen measurable increases in operational efficiency and customer retention rates. Are You Facing Challenges Managing Your Supermarket?

Inventory Management 52

Inventory Management Inventory Customer Experience Point of Sale 52

Modern Restaurant Management

MARCH 18, 2024

Eighty-two percent of survey participants agreed that restaurant patrons are interested in detailed information on the sources of the ingredients in menu items. The prix fix menu is gaining momentum as a way for restaurants to provide customer experiences and control inventory.

Food and Beverage 190

Food and Beverage Food and Beverage Chef Catering 190

Modern Restaurant Management

AUGUST 5, 2024

As someone with decades of experience who started in the restaurant industry as a dishwasher and now serves as SVP of Hospitality at Lightspeed, I understand the daily challenges restaurateurs face. I’ve seen firsthand how data-driven insights can transform restaurant operations, improve customer experiences, and boost revenue.

Staffing 101

Staffing Kitchen Display System Inventory Inventory Management 101

Modern Restaurant Management

DECEMBER 26, 2023

This helped them improve customer relationships, loyalty, satisfaction, and retention. Technology Integration – Restaurants leveraged AI, IoT, 5G, and quantum computing to optimize operations, enhance inventory management, streamline supply chains, improve food safety, and more.

Food Safety Regulations 124

Food Safety Regulations Food Safety Customer Experience Inventory Management 124

Lithos POS

JANUARY 15, 2025

Simplified operations LithosPOS simplifies key operational tasks such as order processing, payment processing, and inventory management. This reduces time spent on manual tasks and allows employees to focus on providing better customer service. This increased efficiency leads to better profit margins and sustainable growth.

Customer Experience 52

Customer Experience Inventory Management Inventory Point of Sale 52

Lithos POS

DECEMBER 19, 2024

For restaurants, handling table reservations, order management, and inventory tracking can quickly become overwhelming with generic systems. Similarly, retailers face challenges with inventory management, transaction speed, and providing a seamless customer experience. Industries require more than basic functionality.

Inventory 52

Inventory Customer Experience Inventory Management Hospitality 52

Modern Restaurant Management

JUNE 2, 2021

These opportunities not only increase cheque size but also provide a much better customer experience. There’s been a growing consumer shift recently away from valuing commodities and toward valuing experiences. Rise of the Restaurant Concierge. This is where restaurant technology plays its biggest role.

Food and Beverage 198

Food and Beverage Food and Beverage Inventory Customer Experience 198

Modern Restaurant Management

MAY 21, 2020

With less inventory and even fewer customers coming in, we recommend that you widen your margins and revamp your offerings. Start by enforcing a no-contact protocol, so you can reduce interpersonal contact and make your customer experience safe and secure. Here are a few pointers to help you do that: Use Cashless Methods.

Food and Beverage 216

Food and Beverage Food and Beverage Inventory Customer Experience 216

Modern Restaurant Management

JANUARY 2, 2024

This heightened awareness will drive consumers to actively seek information and make informed decisions to ensure their well-being. Based on what we’re already seeing from our partners, consumers want to be educated about their food to make informed buying choices: where is it from? How was the food sourced or produced?

Food and Beverage 197

Food and Beverage Food and Beverage Food Safety Customer Experience 197