Remove Food Prices Remove Recipes Remove Restaurant Management
article thumbnail

Recipe for Success – How Technology Is Revolutionizing the Restaurant Industry

Modern Restaurant Management

Despite rising ingredient costs and staffing shortages, more than half of the 8,000 restaurant operators and owners polled globally in Lightspeed’s State of the UK Hospitality Industry , agreed that adopting new technology over the past two years has been critical to their success.

Recipes 194
article thumbnail

How Can I Streamline Inventory Management?

Modern Restaurant Management

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Taking inventory is one of the most tedious processes in restaurant operations. Recipe Costing. Prevent Shortages.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Optimize Staff and Resources with Pre-Made Food Products

Modern Restaurant Management

Learn how the foodservice industry can stay competitive and fresh amid widespread food and labor shortages. As consumers watch food prices continue to rise, the demand for cost-effective meal solutions are prompting c-stores, full-service, and quick-service restaurants to increase their offerings. Consistency is key.

Recipes 167
article thumbnail

Win Big with Smaller Menus: How Tech Can Supercharge Limited Offerings On- and Off-Premise

Modern Restaurant Management

With wholesale food prices soaring 13 percent in 2021 and labor costs rising as worker shortages continue, many restaurants are looking for smart ways to lower costs and avoid passing them on to their diners. To mitigate these concerns, restaurants have gotten creative, looking for new cost-cutting measures.

article thumbnail

Is There a Right Way to Raise Prices?

Modern Restaurant Management

Due to many factors including inflation and supply chain challenges, restaurant owners and operators have been faced with tough choice about raising menu prices. As food prices rise, restaurants should try to stay within their target ratio for food cost to gross food revenue in order to maintain target profits.

Staffing 196
article thumbnail

How Rural Restaurants Can Help the UK’s Food Security Problem

Modern Restaurant Management

While the UK benefits from a successful agricultural industry, many domestic and international factors affect food production and prices for consumers. This became evident during the world food price spike of 2008. A successful agricultural industry gives the perception that food security isn’t at risk in the UK.

article thumbnail

MRM Research Roundup: Super Bowl and Valentine’s Day 2024 Edition

Modern Restaurant Management

Favorite Super Bowl Foods A JeffBet study revealed America’s favorite Super Bowl foods, with some gameday classics appearing further down the list than you might expect. The fast food industry saw the largest reduction in spending year over year (five percentage points). million times per month. percent in 2023.