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.

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Inventory Management Inventory Recipes Chef 206

Modern Restaurant Management

JANUARY 14, 2025

Extreme Weather: By 2035, experts predict that higher temperatures alone will push up worldwide food prices by between 0.9 Meanwhile, extreme weather events are likely to disrupt transportation routes, damage crops, and lead to shortages of key ingredients, resulting in price spikes that impact menus. percent annually.

Inventory 174

Inventory Restaurant Management Restaurant Manager Recipes 174

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.

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Inventory Management Staffing Food Prices Inventory 123

Modern Restaurant Management

DECEMBER 30, 2024

At the same time, a rise in fast-food prices driven by inflation is reshaping consumer behavior, with many customers now treating fast food as a splurge rather than a convenience. For example, AI can help QSRs make smarter inventory decisions by analyzing purchasing trends and aligning ingredient orders with demand.

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Inventory Inventory Management Purchasing Food Prices 172

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.

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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 175

Food Service Food Service Food Prices Inventory 175

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 149

Inventory Management Food Prices Inventory Customer Experience 149