Sculpture Hospitality

SEPTEMBER 22, 2022

One of the most important steps for improving your restaurant’s profits is implementing an inventory management program. The problem is, managing food and beverage inventory at your restaurant can be time consuming, stressful, complex and can be rife with errors - especially when you use manual inventory tracking methods.

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Inventory Inventory Management Food and Beverage Food and Beverage 109

Sculpture Hospitality

JANUARY 21, 2021

Did you know that one of the most common hidden expenses for restaurateurs is down to poor food and beverage inventory management processes? Yet, despite this, many restaurants are still struggling to implement successful inventory management processes.

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Inventory Inventory Management Food and Beverage Food and Beverage 112

Sculpture Hospitality

JULY 21, 2020

Regions across the world are in different phases of reopening their economy. Unfortunately, some locations are already shutting back down due to a new wave of COVID-19 cases. Now more than ever, the hospitality industry needs to band together to protect its customers, staff and margins. So what does that even mean?

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Food and Beverage Food and Beverage Food Inventory Inventory 116

Total Food Service

DECEMBER 6, 2023

Among the most pressing challenges for restaurant, bar, and taproom operators are the issues of fraud, waste, and breakage, where these instances of inventory shrinkage can silently erode the already thin margins. These figures highlight the critical need for effective control and monitoring systems in the hospitality industry.

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Inventory Food and Beverage Food and Beverage Customer Experience 104

Sculpture Hospitality

APRIL 19, 2022

Taking restaurant inventory gives you better oversight over your food and beverage stock levels, helps forecast future demand and reduces food and beverage waste. In essence, well managed inventory makes your business more profitable.

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Inventory Food and Beverage Food and Beverage 88

Sculpture Hospitality

JUNE 15, 2021

Did you know that improving your food and beverage inventory management processes can help your business to garner better profit margins? Are you looking for ways to improve your restaurant’s profitability?

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Inventory Management Inventory Food and Beverage Food and Beverage 101

Modern Restaurant Management

SEPTEMBER 1, 2022

Globally, one third of the food produced for human consumption is wasted. So, how can we both solve the food waste issue and ensure better food availability? Waste can occur anywhere along the food supply chain, which includes production, processing, distribution, and consumption. Improving Distribution.

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Food and Beverage Food and Beverage Inventory Inventory Management 160

Modern Restaurant Management

DECEMBER 8, 2022

Manage and Optimize Your Increased Holiday Inventory. The holidays bring an increase in beverage inventory, particularly kegged inventory for bars and restaurants centered around draft programs. Take a good look at your cooler now; clean out what doesn’t belong and prepare for the increase of kegs you anticipate.

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Inventory Food and Beverage Food and Beverage Customer Experience 168

Modern Restaurant Management

AUGUST 17, 2020

Until recently, Beyond Green Sustainable Food Partners was mainly a foodservice consulting company for schools and other large institutions, and we catered food to preschools on the side. Historically, we have trained cafeteria staff to cook food from scratch while also reducing food and labor waste.

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Cafeteria Food and Beverage Food and Beverage Catering 189

Modern Restaurant Management

DECEMBER 22, 2021

While there is plenty of technology out there to optimize your establishment, one food service trend is becoming a mainstay: Internet of Things. For years, we've seen restaurants add small table kiosks or tablets that allow customers to pay for food. Product & Inventory Tracking. Tableside Ordering & Payment.

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Commercial Kitchen Inventory Food and Beverage Food and Beverage 238

Sculpture Hospitality

SEPTEMBER 18, 2020

Proper food and beverage inventory management is one of the most important processes that any restaurant can implement into their backend operations. That’s because poor ordering decisions lead to wasted money.

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Inventory Management Inventory Food and Beverage Food and Beverage 95

Sculpture Hospitality

MAY 18, 2021

Restaurant inventory management is a process that helps your business monitor the food and beverage products that you have coming in and going out of your restaurant on a weekly, monthly or quarterly basis.

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Inventory Purchasing Inventory Management Food and Beverage 87

Modern Restaurant Management

JANUARY 18, 2022

The key to operating a profitable restaurant is understanding your profits and losses, knowing how to manage food and labor costs and making strategic decisions about expenses and investments. How to Use Key Metrics for Proper Inventory. Mastering how to forecast your inventory is just the first step, you almost must control it.

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Inventory Restaurant Manager Restaurant Management Food and Beverage 206

Modern Restaurant Management

AUGUST 10, 2021

The food and beverage industry is on a hiring frenzy. A recent study by The Bureau of Labor Statistics revealed that, despite regular hiring since this spring, the food and beverage industry still remains 1.5 They also eliminate human error, facilitating more accurate orders and less food wastage.

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Food and Beverage Food and Beverage Staffing Inventory 237

Sculpture Hospitality

JUNE 28, 2021

In your restaurant, your food and beverage products are your most important assets. The more you optimize what’s in your restaurant’s inventory , the more profitable your business will be.

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Food and Beverage Food and Beverage Inventory Kitchen Management 144

Modern Restaurant Management

NOVEMBER 11, 2021

As diners return to their favorite restaurants, bars, and other eating establishments, restaurateurs are feeling the strain put on the food supply chain. The goal for every food and beverage company is to synchronize supply and demand. Planning and Forecasting. Creating a Singular Journey.

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Inventory Food and Beverage Food and Beverage Inventory Management 206

Sculpture Hospitality

AUGUST 6, 2021

The food and beverage inventory in your restaurant or bar is your biggest asset. Yet so many kitchens and bars are loaded with products that are never used in recipes or never sold - that’s liquid cash that’s eating into your profitability.

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Food and Beverage Food and Beverage Recipes Inventory 146

Modern Restaurant Management

SEPTEMBER 19, 2023

However, the impact that AI is already having on the food industry is without parallel, helping to lower food prices, increase the availability of certain products or ingredients, and prevent supply chain shortages. With AI, food companies can calm ingredients that trigger allergens.

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Food and Beverage Food and Beverage Inventory Food Prices 128

Modern Restaurant Management

AUGUST 7, 2023

In the world of food service and hospitality, proper refrigeration is crucial for maintaining the quality and safety of perishable goods. From restaurants and grocery stores to hotels and hospitals, commercial refrigeration plays a vital role in preserving the freshness of food and beverages.

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Inventory Management Inventory Food and Beverage Food and Beverage 165

Modern Restaurant Management

MAY 20, 2020

These heightened food safety standards and consumer expectations are sure to continue after reopening and could possibly lead to more permanent requirements. Food & Drug Administration (FDA) has updated and released a best practice guide focused on food and beverage service during the COVID-19 pandemic.

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Food and Beverage Food and Beverage Inventory Purchasing 202

Modern Restaurant Management

SEPTEMBER 27, 2023

Money and Inventory Management The profitability of a restaurant depends on the careful management of cash flow. Inventory management is another key issue that can creep up if owners are not aware of what product they have and how much is currently available.

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Inventory Management Inventory Point of Sale Customer Experience 192

Modern Restaurant Management

JANUARY 15, 2024

Many consumers are leaning towards locally sourced products and homemade food items, so a housemade sauce is sure to impress. Operators need to invest in a back-of-house technology system that simplifies daily tasks for them, such as inventory and scheduling.

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Inventory Catering Catering Food and Beverage 195

Modern Restaurant Management

FEBRUARY 27, 2023

Restaurant365’s State of the Industry Customer Survey shows that 60 percent of surveyed customers plan to expand their businesses in 2023 despite expected increased labor and food costs. By minimizing the menu options, a unit can limit the amount of inventory needed to order each week.

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Inventory Food and Beverage Food and Beverage Purchasing 185

Modern Restaurant Management

DECEMBER 27, 2023

Customer Trends As eateries chart new courses in the tech terrain, they also face the challenges of keeping up with changes in customer preferences, specifically toward transparency in ingredients and more health-focused foods.

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Inventory Food and Beverage Food and Beverage Inventory Management 185

Modern Restaurant Management

JUNE 15, 2021

Inventory stock changed significantly. Lavu, the restaurant technology services company, estimates 42 percent of food purchases are made online. What’s more, consumers tend to spend extra on their food when ordering by themselves, either through kiosks or branded apps. Menus were trimmed to a fraction of original size.

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Inventory Inventory Management Food and Beverage Food and Beverage 198

Total Food Service

OCTOBER 9, 2023

Why is taking inventory worth it? Let’s talk about restaurant inventory management and how it’s a game changer. Inventory is a fundamental tool you must use if you want to have restaurant success. Let me tell you how I learned the importance of inventory. I looked at him and the shelves and told him I saw food.

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Inventory Management Inventory Kitchen Management Kitchen Manager 74

Modern Restaurant Management

FEBRUARY 28, 2023

Keeping staff has long been an issue for the food and beverage industry, but many restaurants now feel it is their primary obstacle to running a successful business. How do you make sure all employees – new and veteran – are truly ready for the upcoming food health inspection?

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Restaurant Management Restaurant Manager Food and Beverage Food and Beverage 192

Modern Restaurant Management

MARCH 18, 2024

The discussion included food, beverage, nutrition, lifestyle and unique aspects of boutique and high volume foodservice. Food trucks that bring food to patrons where they live and work has become a part of everyday life. Today’s restaurant guests are more knowledgeable and food savvy than ever before.

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Food and Beverage Food and Beverage Chef Catering 187

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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Inventory Management Hospitality Hospitality Food and Beverage 117

Modern Restaurant Management

MARCH 22, 2021

There are many benefits to a tighter menu, including: Less inventory to maintain. Prior to COVID-19, many restaurant owners were challenged by food, beverage and labor costs. A cocktail server comes to the table to take and deliver beverage orders. Once the food is ready, a runner brings it out.

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Food and Beverage Food and Beverage Staffing Inventory 197

Modern Restaurant Management

SEPTEMBER 11, 2023

Within a single chat interface, consumers can go through the entire menu, choose food and beverage products, add them to their cart, and make payments. For example, Gupshup partnered with India-based food joint Wow! Automated Ordering AI-powered chatbots can handle customer orders, reducing the need for human intervention.

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Staffing Food and Beverage Food and Beverage Inventory 202

Lavu

NOVEMBER 17, 2023

This low profit margin can be attributed to the high overhead costs associated with running a restaurant, including rent, labor, food and beverage costs, and utilities, often account for a major chunk of your expenses, making it challenging to increase your restaurant profit margin. Their profit margins are around 6.5

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Inventory Management Inventory Food and Beverage Food and Beverage 138

Food Safety Tech

DECEMBER 8, 2024

Smart beverage packaging can create innovative customer experiences, reduce waste, improve safety and more. Todays packaging technologies can transform how customers and retailers interact with beverage products. Improved Customer Convenience Smart beverage packaging can drastically improve customer convenience.

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Food and Beverage Food and Beverage Inventory Customer Experience 52

Modern Restaurant Management

MAY 19, 2022

Menu engineering is a top-down approach to increasing revenue while Actual versus Theoretical (AvT) – tracking the difference between theoretical food costs and actual food costs – is a bottom-up approach to controlling costs. Theoretical (AvT) Variances to Control Food Costs. Prioritize Accurate Recipe Costing.

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Recipes Inventory Food and Beverage Food and Beverage 165

Chef's Deal

NOVEMBER 6, 2023

Restaurant inventory management is key to a restaurant’s success because proper inventory management boosts kitchen productivity and profitability and prevents food wastage. Whether you’re a seasoned restaurateur or just starting, this guide will illuminate the nuances of managing your inventory efficiently.

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Inventory Management Inventory Inventory Management Software Commercial Kitchen 59

Modern Restaurant Management

SEPTEMBER 22, 2021

Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run. In general, overhead expenses related to food and beverages should be between 35 and 40 percent of your total revenue.

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Food and Beverage Food and Beverage Inventory Purchasing 155

Lavu

NOVEMBER 1, 2023

Starting a food delivery business can really make a difference for restaurants or any food business, helping them reach more people and make more money. It’s also crucial to make sure your menu is optimized for delivery, so that the food still tastes amazing when it arrives. Is online food delivery a profitable business?

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Food and Beverage Food and Beverage Customer Experience Customer Service 167