Sat.Nov 30, 2024

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Best Practices for Ingredient Profitability Analysis

Lavu

Want to boost your restaurant’s profits? Start by analyzing your ingredient costs. Tracking ingredient profitability is crucial for keeping your Cost of Goods Sold (CoGS) under control – ideally below 31% of revenue. This article breaks down how to manage ingredient costs, reduce waste, and optimize menu pricing using modern tools like POS systems.

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Get More Revenue by Optimizing Your Prices – Your Lead Domino

Hospitality Net

Price optimization and sensitivity analysis are essential tools for refining your pricing strategy to maximize revenue. By understanding how price adjustments influence customer demand, you can pinpoint the ideal price that strikes the right balance between sales volume and profitability.

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Integrating Mobile Inventory with POS Systems

Lavu

Integrating mobile inventory systems with POS platforms simplifies restaurant operations by automating inventory updates, reducing errors, and providing real-time insights. Here’s what you need to know: Benefits : Real-time stock updates, improved accuracy, and smarter inventory planning. Top Systems : Lavu , Toast , and LINGA offer unique features like API integration, offline functionality, and multi-location tracking.

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Recall round up around the world

Food Safety Chat

FSAI Recall of Marcel Petite Mont D’or raw milk cheese due to presence of Yersinia enterocolitica Update FSA P&B (Foods) Limited recalls Heera Navratan Korma because of undeclared cashew nuts (nuts) The WilderKitchen recalls Wilderbee Gochujang Hot Honey because of undeclared gluten Morrisons recalls Morrisons Crushed Garlic because an ingredient has been omitted that prevents microbiological growth.

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Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

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How POS Integrations Improve Restaurant Operations

Lavu

POS integrations simplify restaurant operations by automating tasks, reducing errors, and improving customer service. 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.