Modern Restaurant Management

JANUARY 23, 2024

Already one of the largest sectors of the global economy, the food and beverage industry shows no signs of slowing down. In fact, according to the Business Research Company’s 2023 Food and Beverages Global Market Report, the global industry’s market size grew over 7.3 percent from $6,729.54

Food and Beverage 493

Food and Beverage Food and Beverage Food Safety Purchasing 493

Modern Restaurant Management

MAY 10, 2024

Eighty three percent of Gen Z is excited for new food and beverage trends with 25 percent expecting to dine out more this year, according to a recent Datassential report. This is coupled with the global ethnic food market projected to grow by approximately eight percent from 2023 to 2023. What are some examples of fusion foods?

Food and Beverage 450

Food and Beverage Food and Beverage Restaurant Management Restaurant Manager 450

Modern Restaurant Management

JULY 23, 2021

MMS is particularly useful for driving traffic because consumers are more responsive to images of food. With every click and purchase, customers reveal their intentions and preferences. To illustrate, restaurants can send messages right before lunch rush, or in the afternoon when foot traffic is low. Data Analysis to Target Audiences.

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Food and Beverage Food and Beverage Purchasing 558

Modern Restaurant Management

SEPTEMBER 13, 2021

I can read an income statement quickly and, without even seeing your operation, I can tell you if someone is stealing money; someone is giving away beer, alcohol or food, and even if product is “walking” out the back door. Sales Food. Purchase Food. Purchase Beer. Purchase Wine. Purchase Liquor.

Food and Beverage 492

Food and Beverage Food and Beverage Purchasing 492

Modern Restaurant Management

JULY 19, 2022

The digital era has had a huge impact on the food and beverage space. Consumers adjusted; between 2019 and 2020, online ordering for food/beverage rose by a record 93 percent. Also, as of 2019, up to 35 percent of in-person restaurant purchases were paid for in cash. So, what changed? The Impact of Online Ordering.

Food and Beverage 487

Food and Beverage Food and Beverage Purchasing Customer Service 487

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.

Food and Beverage 508

Food and Beverage Food and Beverage Inventory Purchasing 508

Modern Restaurant Management

MAY 3, 2024

Celebrities such as Katy Perry, Blake Lively, Kylie Minogue and Bella Hadid are helping to boost the booze-free band wagon by launching non-alcoholic beverages. Adults 18+ specific questions about non-alcoholic beverages to help inform restaurants, retailers, event planners, and food and beverage firms with business strategies.

Food and Beverage 373

Food and Beverage Food and Beverage Purchasing 373

Modern Restaurant Management

AUGUST 24, 2020

city to pass a Beverage Tax in 2016, local operators have overcome the challenges of other taxes that have in many cases had greater impact. The Beverage Tax has been in effect for three and a half years, withstanding legal challenges, continued opposition by the beverage industry. Strategies to Minimize the Impact.

Food and Beverage 414

Food and Beverage Food and Beverage Purchasing 414

Modern Restaurant Management

AUGUST 11, 2020

Ask attendees to register and purchase tickets online, then email them the link to the performance when it’s showtime. These could include cocktails, food and beverage tastings, appetizers, main courses, desserts, event decor, and just about anything else you can think of. Virtual Meetings + Food or Swag.

Catering 531

Catering Catering Food and Beverage Food and Beverage 531

Modern Restaurant Management

DECEMBER 18, 2024

Offering Bento Packs for individually portioned meals and a la carte buffet-style trays for customizable group settings, L&L’s catering options bring Hawaiian-style comfort food to events large and small throughout our locations nationwide. In what ways can operators enhance the dining experience while still providing value?

Food and Beverage 419

Food and Beverage Food and Beverage Catering Catering 419

Modern Restaurant Management

NOVEMBER 15, 2021

According to the Plant Based Foods Association, plant-based foods in the U.S. are a $7 billion market, growing nine times faster than total food sales. The Good Food Institute reports that 98 percent of people who purchase plant-based meat are also purchasing conventional meat. Not sure how they compare?

Food and Beverage 473

Food and Beverage Food and Beverage Chef Purchasing 473

Modern Restaurant Management

FEBRUARY 1, 2022

More than half of restaurant operators said it would be a year or more before businesses conditions return to normal with food, labor, and occupancy costs are expected to remain elevated, and continue to impact restaurant profit margins in 2022, according to the National Restaurant Association's 2022 State of the Restaurant Industry report.

Food and Beverage 518

Food and Beverage Food and Beverage Staffing Chef 518

Modern Restaurant Management

APRIL 26, 2021

As the effects of COVID-19 subside, the industry is expected to continue growing as consumers increase spending on discretionary purchases, such as outdoor dining, outdoor events, and travel, including hotel stays. For example, the use of food delivery services skyrocketed during the pandemic and I do not expect that to change.

Hospitality 474

Hospitality Hospitality Food and Beverage Food and Beverage 474

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.

Food and Beverage 322

Food and Beverage Food and Beverage Inventory Food Prices 322

Modern Restaurant Management

NOVEMBER 11, 2020

Comfort food, outdoor dining, Riesling and streamlined menus were top trends for 2020, according to Kimpton Hotels & Restaurants ' seventh annual Culinary & Cocktail Trend Forecast for 2021. Health food, eating local and personalized experiences. Comfort Me Please: Rise in Nostalgic Comfort Food. Is Carob a Carb?

Food and Beverage 474

Food and Beverage Food and Beverage Chef Purchasing 474

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.

Food and Beverage 445

Food and Beverage Food and Beverage Inventory Purchasing 445

Modern Restaurant Management

SEPTEMBER 20, 2021

Typically, the income statements I review show only gross income as “food and beverage sales.” ” To use the income statement as a weapon against unprofitability, the income statement must separate food, beer, liquor, wine, non-alcohol beverages, retail, etc. The COGS must be set up the same way.

Food and Beverage 447

Food and Beverage Food and Beverage Recipes Chef 447

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.

Staffing 538

Staffing Food and Beverage Food and Beverage Customer Experience 538

Modern Restaurant Management

JANUARY 14, 2021

This can be reflected in the quality of to-go packaging you purchase. The quality of the packaging you chose should match the quality of the food you are serving. The right packaging can mean the difference between crispy or soggy french fries, hot or cold food, stable or leaky sauces.

Restaurant Management 414

Restaurant Management Restaurant Manager Inventory Purchasing 414

Modern Restaurant Management

JANUARY 31, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. Food-away-from-home spending is likely to see modest growth as softer consumer spending patterns prevail. ” A Year of Challenges U.S.

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Food and Beverage Food and Beverage Food Service Food Service 221

Modern Restaurant Management

MAY 5, 2021

In this edition of MRM Research Roundup, we have news on understanding customer loyalty, beverage insights, restaurant supply loyalty, the influence of discounts, the state of payments and the evolution of gift cards. " Beverage Insights. So, what could a better designed and delivered beverage program mean for the channel?

Food and Beverage 490

Food and Beverage Food and Beverage Purchasing Customer Experience 490

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?

Food and Beverage 487

Food and Beverage Food and Beverage Recipes Inventory 487

Modern Restaurant Management

JULY 15, 2021

That means juggling everything from hiring and managing staff; deciding on your menu and any day-to-day changes; ordering food, beverages, dishes and other kitchen and dining room essentials; to handling to-go and pick-up orders, among other tasks. Too-large portions contribute to food waste and cut into your profit margins.

Food and Beverage 450

Food and Beverage Food and Beverage Commercial Kitchen Kitchen Equipment 450

Modern Restaurant Management

NOVEMBER 11, 2019

This edition of MRM News Bites SevenRooms, Miso Robotics , PARTech, Delaware North, Illes Foods, Tablelist and Discotech and US Foods. SevenRooms released its “Checking In For F&B” report, which uncovered the most important things to today’s traveler when it comes to food and beverage at hotels.

Food and Beverage 297

Food and Beverage Food and Beverage Chef Purchasing 297

Modern Restaurant Management

DECEMBER 20, 2021

in the online food delivery sector. The food industry continues to evolve in ways of making things faster and easier for consumers. Hospitality tech company Criton has partnered with restaurant tech firm Hungrrr to add a safe, contactless food ordering system to its hotel guest app. from 2019 to 2020. Landing Pages.

Food and Beverage 568

Food and Beverage Food and Beverage Customer Experience Catering 568

Modern Restaurant Management

JUNE 21, 2023

To take advantage of everything a menu has to offer, operators can use menu engineering, a technique that consists of analyzing each item’s contribution to the profit against how often it is purchased. To effectively engineer a menu, it is best to separate menu items into categories, and then measure their popularity and profitability.

Food and Beverage 450

Food and Beverage Food and Beverage Purchasing Recipes 450

Modern Restaurant Management

FEBRUARY 27, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the National Restaurant Association's State of the Indusrty Report, food industry pressures, foodservice opportunities, influencer marketing, foot traffic analysis and the dining-out dollar. Food Industry Faces Consumer Pressures.

Food and Beverage 481

Food and Beverage Food and Beverage Chef Purchasing 481

Modern Restaurant Management

JULY 10, 2024

After a guest thief takes what they want, the restaurant must purchase replacements and eventually report the thefts to their insurance company, which in the long run will raise their premiums, creating another drag on profitability. Ask your server how to purchase them.” ” Here’s how some guests justify stealing.

Purchasing 491

Purchasing Food and Beverage Food and Beverage Inventory 491

Modern Restaurant Management

MARCH 23, 2022

Expansion of the food service industry, product innovations, and surge in number of quick service restaurants have boosted the growth of the market. These equipment will allow chefs to cook food to perfection. 3D Printing and Food. Chefs can remotely monitor the food, save electricity, fuel, and time of cooking a dish.

Commercial Kitchen 520

Commercial Kitchen Chef Food and Beverage Food and Beverage 520

Modern Restaurant Management

MARCH 26, 2020

At a time when most food and beverage leaders wouldn’t consider launching a new concept without a deep dive into the data, most lack even basic information about technology maintenance that could drive cost-saving, satisfaction-enhancing change. But they will devote little strategic thought to longer term maintenance and support.

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Food and Beverage Food and Beverage Customer Experience Staffing 546

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

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.

Food and Beverage 52

Food and Beverage Food and Beverage Customer Experience Inventory 52

Modern Restaurant Management

FEBRUARY 7, 2024

But it’s not because they want the best option, they are looking for the most authentic food. The Gen Z Influence This tasteful group of about 70 million Americans craves authenticity in every bite, from organic street foods to diverse global cuisines. Gen Z demands transparency and ethical practices in the food industry.

Food and Beverage 493

Food and Beverage Food and Beverage Catering Catering 493

Modern Restaurant Management

APRIL 20, 2020

Bennett, adds: “We at CORE continue to stand by the food & beverage service employee with children every day when they face a health crisis or natural disaster. Please join us in letting the food and beverage service industry know how much we appreciate all they have given to us by supporting them.”

Food and Beverage 450

Food and Beverage Food and Beverage Purchasing Chef 450

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.

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Inventory Food and Beverage Food and Beverage Inventory Management 546

Lavu

APRIL 17, 2025

Managing food costs is a growing challenge for restaurants as ingredient prices fluctuate and margins shrink. It also streamlines the ordering process, ensuring that every ingredient is purchased and used with purpose. Improves Compliance : Ensures proper storage and food safety standards.

Inventory 78

Inventory Inventory Management Purchasing Food and Beverage 78

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.

Food and Beverage 474

Food and Beverage Food and Beverage Food Preparation Customer Service 474