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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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.

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Inventory Inventory Management Food and Beverage Food and Beverage 508

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 322

Modern Restaurant Management

MARCH 4, 2021

While the green light to reopen is long-awaited good news, as various states continue to allow establishments to open dining indoors at a limited capacity, there are monumental impacts to the overall foodservice industry and subsequent impacts on the food and beverage manufacturers and distributors who are called upon to act quicky.

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Inventory Food and Beverage Food and Beverage Purchasing 329

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 538

Modern Restaurant Management

MARCH 2, 2022

Restaurant and foodservice operators are feeling the pressure as Technomic reports that food and beverage costs have skyrocketed 13 percent over the last two years, while paper and packaging are up 11 percent. But with rising food and supply costs, how can operators keep menu prices low when they have to pay more for inventory?

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Food and Beverage Food and Beverage Recipes Inventory 487

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 445

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 469

Modern Restaurant Management

SEPTEMBER 14, 2022

AI-based robots cook your food and deliver meals on time without missing a beat. Local health lockdowns and limitations caused havoc for food supply chains, staffing, customer demand, and remote ordering. Many restaurants were ill-prepared to compete with food delivery services like GrubHub and DoorDash.

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Staffing Customer Experience Inventory Food and Beverage 528

Modern Restaurant Management

JULY 10, 2024

Among the reasons restaurants fail (poor location, inadequate marketing, lack of staff and inventory control, uninspired menu, unreasonable pricing), customer theft is rarely on the radar. Ask your server how to purchase them.” Remember, the cost of dining out pays for the food and service, nothing more.

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Purchasing Food and Beverage Food and Beverage Inventory 491

Modern Restaurant Management

OCTOBER 7, 2024

Currently, 50 percent of restaurants, including sit-down and fast-food establishments, offer plant-based options, and this is only expected to grow. Controlling food waste is a hot topic in the industry as well. Food Waste Management Food waste management has always been a challenge for the restaurant industry.

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Food and Beverage Food and Beverage Food Preparation Inventory 474

Modern Restaurant Management

JULY 9, 2021

government created the Food Safety Modernization Act , which transformed the nation’s food safety system by shifting the attention from responding to foodborne illness to preventing it. This Act prompted even more eyes to focus on the food processing and food service industries to ensure sanitation.

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Food and Beverage Food and Beverage Food Service Food Service 469

Food Safety Tech

NOVEMBER 25, 2024

Farm-to-table has become a popular dining concept over the last twenty years, yet the broader food and beverage industry still needs more transparency in many areas. A larger movement is now emerging to bridge this information gap, driven by consumer demand for deeper insights into the food they consume.

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Food and Beverage Food and Beverage Nutrition Food Supply 111

Modern Restaurant Management

AUGUST 27, 2024

By the time you manage inventory, staffing, customer demand and narrow profit margins, the last thing you want to think about is the IRS. Your expenses may be higher than the industry average due to the type of food you serve, the depth of your menu offerings or your market differentiation strategies. Call a reputable tax professional!

Food and Beverage 470

Food and Beverage Food and Beverage Point of Sale Purchasing 470

Modern Restaurant Management

JANUARY 25, 2022

The customers are already in your restaurant, where they can experience the menu and taste your food firsthand. This purchase won’t increase revenues or efficiencies, but will create additional costs. Efficiency will improve, because foods are easier to store and grab quickly. Recommendation : DON’T DO IT!

Food and Beverage 474

Food and Beverage Food and Beverage Staffing Hospitality 474

Modern Restaurant Management

DECEMBER 30, 2020

This edition of MRM Research Roundup features top trends for 2020, how 2020 changed food and the year's top wines. While restaurants looked after frontline workers, diners lended their own efforts to support restaurants and their staff in 2020, offering donations, gift cards, tickets towards online classes and merchandise purchases.

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Food and Beverage Food and Beverage Point of Sale Inventory 528

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

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 90

Modern Restaurant Management

MAY 6, 2020

Engage your distribution partners and suppliers as soon as you have a targeted opening date and start working toward forecasting expected purchase volumes and order guide products. Communicate your current situation with distributor partners : This is especially important on fresh proprietary products.

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Food and Beverage Food and Beverage Inventory Restaurant Management 414

Modern Restaurant Management

DECEMBER 21, 2022

This will manifest itself in several ways, such as informing robotics in the kitchen for food preparation, in addition to kitchen display systems (KDS) as restaurants kitchens seek to improve efficiency and better optimize for enhance prep station capacity management. – Chris Adams, VP of Strategy, Oracle Food and Beverage. "As

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Food and Beverage Food and Beverage Staffing Chef 419

Modern Restaurant Management

DECEMBER 21, 2022

The modern Kitchen Display System (KDS) will be more interactive to increase operational efficiencies and improve quality of food for the chefs and their teams. Spirit-based, ready-to-drink beverages will continue show vast white space, and bourbon should continue to thrive. – Tim McLaughlin, Founder & CEO, GoTab. "We

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Food and Beverage Food and Beverage Inventory Kitchen Display System 493

Modern Restaurant Management

JUNE 2, 2021

When thinking about the future of the dining experience post COVID, it is easy to get caught focusing on things like digital only self-service, sci-fi-like drone food delivery and taking pills or shakes instead of food. This is where restaurant technology plays its biggest role.

Food and Beverage 493

Food and Beverage Food and Beverage Inventory Customer Experience 493

Modern Restaurant Management

DECEMBER 14, 2020

US Foods Holding Corp. "With colder weather setting in and new restrictions going into effect across the country, our ongoing commitment to helping restaurant operators adapt during the pandemic has never been more important," said Jim Osborne, senior vice president of customer strategy and innovation at US Foods. "Our

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Food and Beverage Food and Beverage Purchasing Restaurant Management 474

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 100

Modern Restaurant Management

FEBRUARY 18, 2020

Over the next decade, a generation passionate about health and wellness will demand restaurants be transparent about food from farm to table. Guests will expect to know every aspect of sourcing and meal preparation, which will disrupt traditional back-of-house systems with technology that connects the farm to the food.

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Food and Beverage Food and Beverage Catering Catering 539

Modern Restaurant Management

DECEMBER 31, 2024

Participants reported continued food and labor cost increases, with 88 percent experiencing rising staff expenses, compared to 89 percent in last year’s annual survey, and 86 percent reporting an increase in food costs. Why settle for one when you can have the best of both? Talk about a flavor duo that hits all the right notes!

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Purchasing Food and Beverage Food and Beverage Restaurant Management 221

Modern Restaurant Management

JANUARY 2, 2024

Looking ahead, we predict a day when cultivated meat will find its place as a default choice -on menus, because it delivers on taste, nutrition, and food safety, in addition to environmental sustainability and animal welfare. Beyond the realm of food, a similar shift has occurred with electric cars.

Food and Beverage 493

Food and Beverage Food and Beverage Food Safety Customer Experience 493

Modern Restaurant Management

DECEMBER 16, 2021

Our restaurant of the future is designed to benefit guests, employees and franchisees, with a new external design and a reimagined kitchen that will make it easier for us to serve hot, delicious food quickly for frictionless guest experiences, and we expect to see a lot more of that next year. Clinton Anderson, CEO, Fourth Enterprises.

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Food and Beverage Food and Beverage Staffing Inventory 450

Modern Restaurant Management

APRIL 7, 2020

This edition of MRM News Bites features the Independent Restaurant Coalition, Tripadvisor, Inspire Brands Foundation, WorkJam, EZ-Chow, US Foods, Potbelly Pantry, Just Salad, Zalat Pizza, Kentucky Fried Chicken, California Pizza Kitchen, Nando’s and Street Factory Media. Communities simply can’t afford for our restaurants to fail.

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Hospitality Hospitality Food and Beverage Food and Beverage 426

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

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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Modern Restaurant Management

JANUARY 8, 2024

– Lars Kristiansen , VP Food and Beverage of Oasis Marinas Next year, although getting better, I anticipate continued labor shortages to persist, impacting management, the kitchen and front of house. million jobs in the food industry by 2024. . In regards to jobs, it is projected that there will be 15.5

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Catering Catering Food and Beverage Food and Beverage 539

Modern Restaurant Management

JUNE 28, 2024

“Both full-service and fast food restaurant customers are skewing a bit more toward higher income levels and college graduates,” says Forrest Morgeson, Associate Professor of Marketing at Michigan State University and Director of Research Emeritus at the ACSI. Chains affected include McDonald’s (visits down ~2.5

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Food and Beverage Food and Beverage Inventory Management Customer Experience 294

Penn State Food Safety Blog

FEBRUARY 23, 2025

We immediately informed all retailers who had purchased this lot code about this recall and instructed them to inspect their inventory or remove any potential affected product on their shelves. Consumers who may have purchased this product are advised to inspect their product for the affected Lot Code 02092024.

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Food and Beverage Food and Beverage Purchasing Inventory 52

Modern Restaurant Management

MARCH 16, 2020

believes the coronavirus is not going to have a single blanket impact on all aspects of the economy or even the retail economy or food sector more specifically. 17 percent said they were just avoiding dining-in (opting to pick-up or have food delivered), with 10 percent appearing to lean toward Ordering for Pickup only.

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Point of Sale Chef Food and Beverage Food and Beverage 305

Lavu

FEBRUARY 2, 2024

In the face of a staggering global issue, restaurants must proactively avoid food waste. billion tons of food are wasted annually across the globe. Restaurants, a big part of this challenge, can substantially impact by adopting sustainable practices and reducing their contribution to food waste.

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Inventory Management Inventory Food Storage Food and Beverage 78

Modern Restaurant Management

MARCH 24, 2020

Brands, Mount Franklin Foods, US Foods, Melt Shop, FoodMaven, Nathan's Famous, Island's Fine Burgers & Drinks, Checkers & Rally’s, Lineage Logistics and Minnow. ’s unmatched scale and strengths in franchising, purchasing and brand-building.” National Restaurant Association Show Canceled.

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