Modern Restaurant Management

OCTOBER 28, 2021

Taking inventory is one of the most tedious processes in restaurant operations. Chefs spend countless hours counting inventory, purchasing new ingredients, and tracking down more cost-effective substitutions for products that are either cancelled or out of stock. Recipe Costing. Prevent Shortages. ” Reduce Waste.

Inventory Management 208

Inventory Management Inventory Recipes Chef 208

Sculpture Hospitality

FEBRUARY 16, 2023

Inventory management is a critical aspect of running a successful restaurant or bar business, but strategies are constantly evolving. Throw into the mix rising wages, skyrocketing food prices, staffing shortages, inflation and a difficult economy and the hospitality industry is no doubt set for a difficult year.

Inventory Management 123

Inventory Management Staffing Food Prices Inventory 123

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. Sellers would make money from foods that they would otherwise throw out, while buyers would get good deals.

Food and Beverage 128

Food and Beverage Food and Beverage Inventory Food Prices 128

Modern Restaurant Management

MARCH 21, 2024

This means lower interest rates for businesses financing inventory and investing in expansion. However, a tight labor market and stubbornly high food prices will continue to weigh on restaurant margins in 2024. While we do expect 2024 to present challenges, we are optimistic about the overall economy and the role of U.S.

Food Service 180

Food Service Food Service Food Prices Inventory 180

Modern Restaurant Management

OCTOBER 20, 2023

2023 brought new challenges to the table for the restaurant industry, from rising food prices due to inflation to continued disruptions in the supply chain. Some of the most valuable insights for restaurants are found in general operations data, customer data and website data.

Inventory Management 151

Inventory Management Food Prices Inventory Customer Experience 151

Culinary Services Group

SEPTEMBER 25, 2024

However, almost three years later, the prognosis for food prices isn’t getting any better. Bureau of Labor Statistics (BLS) reports that the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% again in August, continuing a pattern of increased prices since the beginning of the year. All in all, the U.S.

Senior Living 88

Senior Living Nutritionist Food Service Management Food Service Manager 88

The NAFEM Show

JULY 3, 2024

Grocery and convenience stores must strike the right balance between price and quality to meet consumer expectations in the age of “value shopping.” New technologies and automated solutions are helping retailers optimize efficiencies in addition to better forecasting and managing inventory. It’s a win-win.

Inventory 52

Inventory Purchasing Customer Experience Inventory Management 52