Modern Restaurant Management

MARCH 21, 2022

The key is to make the right decisions around inventory and pricing at the right times—and having the right technology can make all the difference. Back-office technology centralizes, automates, and improves operating processes related to purchasing, accounts payable, inventory management, recipe and menu engineering, labor scheduling,?and

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Modern Restaurant Management

NOVEMBER 7, 2024

What restaurants can do, however, is re-think how their direct food supply is managed – from transport to inventory control. Route Optimization : This technology uses real-time GPS data, alongside information on weather and traffic patterns, to optimize how a restaurant’s food delivery gets from A to B.

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Food Supply Inventory Inventory Management Purchasing 178

Modern Restaurant Management

JANUARY 18, 2022

Knowing where you stand financially on a real-time basis will help you to not overspend when sales are lower, while simultaneously allowing you to purchase more when the sales warrant it. You can make data-informed decisions about where to put your resources and when. How to Use Key Metrics for Proper Inventory.

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Inventory Restaurant Management Restaurant Manager Food and Beverage 212

Modern Restaurant Management

FEBRUARY 27, 2023

Keep Inventory Low If restaurant sales are not covering expenses or if the business has extra inventory in walk-in or dry storage that just isn’t moving, it’s a good time to start trimming back inventory. By minimizing the menu options, a unit can limit the amount of inventory needed to order each week.

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Inventory Food and Beverage Food and Beverage Purchasing 190

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. These non-paper menus can be changed swiftly, allowing restaurants to remove items when inventory lags and promote items that have higher margin.

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Inventory Inventory Management Food and Beverage Food and Beverage 204

Modern Restaurant Management

FEBRUARY 11, 2022

Build Actionable Information with Data. With well-built reports, restaurant operators will be able to see real-time data from across their tech stack and get the key information they need to be proactive, catch problems early, and run a profitable restaurant. Make Inventory a Best Practice, Not an Afterthought.

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Inventory Staffing Recipes Purchasing 186

Lavu

MARCH 9, 2020

Inventory management is at the heart of running a successful restaurant business. With food ingredients costing a dime and requiring frequent replenishment, a restaurant inventory management system is necessary. It ensures that your chefs and cooks keep track of the available ingredients and can tell how much more inventory is needed.

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Inventory Management Inventory Recipes Point of Sale 78

Modern Restaurant Management

JANUARY 20, 2022

Some of the biggest disruptors will result from the increase in information technology, autonomous vehicles, automation and robotics in the kitchen, and AI chefs. Restaurants can then adjust their food purchasing decisions accordingly, reducing their spending amounts as well as their contribution to food waste. Voice Ordering.

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Inventory Purchasing Chef Point of Sale 209

Modern Restaurant Management

NOVEMBER 11, 2021

In order to reduce cost, waste, and optimize inventory, the process begins with planning and forecasting. This is important because the material shifts in consumer behavior are largely associated with how they choose to discover, purchase, and receive their goods from restaurants. Planning and Forecasting. Tracking Supply Chain Flow.

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Inventory Food and Beverage Food and Beverage Inventory Management 218

Modern Restaurant Management

JULY 14, 2022

” I can sit here all day and talk about using the right ingredients or cutting back on unnecessary purchases. But when you think about it, where would you get that information from? Think of all the hours you spend counting inventory, placing orders, and managing your accounts payable. The unknown is always scary.

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Modern Restaurant Management

SEPTEMBER 9, 2021

The data to analyze with food is the following: food sales, food costs, sales mixture, food inventory, cost of goods sold, menu pricing, invoice reviews for accuracy of pricing, stock on hand, beginning and end of day protein counts, and daily sold items. Purchasing of Foods. Each day, the chef purchases more food.

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Modern Restaurant Management

JULY 13, 2021

Personalization has even been deemed the holy grail for restaurants, especially for tech-savvy diners who are used to brands like Amazon remembering their past orders and automatically making recommendations based on preferences and purchasing patterns. But what if you aren’t the fast-food giants of the world?

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Customer Experience Purchasing Inventory 213

Modern Restaurant Management

DECEMBER 18, 2023

Fifty-three percent of those respondents said they have reduced their cost of goods sold (COGS) through better inventory tracking of key ingredients. In addition, AI can be used to automate and improve many back-of-house processes such as sales forecasting, purchasing, inventory, scheduling, and accounting.

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Inventory Customer Experience Staffing Purchasing 203

Modern Restaurant Management

AUGUST 29, 2022

A digital sensor detects a temperature reduction inside a freezer due to overfilled inventory. The sensor creates a text-based descriptive insight and prompts a physical action from an employee—such as to move the overfilled inventory to a different freezer where there is more space.

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Restaurant Management Restaurant Manager Food Safety Inventory 190

Modern Restaurant Management

NOVEMBER 3, 2021

If inventory is laid out in a way that isn’t intuitive, your employees will take longer to take inventory or take it less often than they should. Inventory management, automated reporting, one-click purchasing, and more are all ways you can look at streamlining the daily tasks employees face.

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Inventory Staffing Inventory Management Purchasing 174

Lavu

MAY 31, 2019

Do you dread taking bar inventory? Most restaurant and bar owners struggle with maintaining order of their inventory. It’s tedious and arduous, but when done right, liquor inventory management can decrease costs and increase profits. Below, we reveal how to set up an efficient bar inventory system. You’re not alone.

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Inventory Inventory Management Purchasing Point of Sale 68

Bill Marler

SEPTEMBER 5, 2023

Lot code information is found on the back of the bag. Retailers and distributors should immediately pull the recalled lot from their inventory and shelves. Nine sick people reported purchasing the ground beef from ShopRite locations in Connecticut, New Jersey, and New York. Images of product are below.

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Purchasing Inventory 176

Lavu

NOVEMBER 17, 2023

By staying on top of profit margins, you can make informed decisions about pricing, portion sizes, and operational costs, thereby improving your profit margins. By comprehending the financial dynamics at play, restaurateurs can make informed decisions that contribute to their overall profits and sustainability.

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Inventory Management Inventory Food and Beverage Food and Beverage 138

Modern Restaurant Management

AUGUST 22, 2024

Kulasooriya said staying on top of menu and ingredient trends is always important for operators as is quickly finding the best combination of quality and price in a restaurant’s purchasing operation is critical to that, and e-commerce platforms not only do that but can highlight the ingredient trends driving it all.

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Inventory Customer Experience Customer Service Customer Service 162

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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Inventory Management Inventory Inventory Management Software Commercial Kitchen 59

Bill Marler

MAY 24, 2022

Moreover, FDA’s negotiations needed to be informed by our inspection of the Sturgis facility, which did not close until March 18, 2022, to ensure that the consent decree would fully address all observed violations. These efforts included seeking available inventory outside of the domestic market. FDA’s and U.S.

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Nutrition FDA Purchasing Food Supply 300

Modern Restaurant Management

APRIL 26, 2022

Restaurants that integrate AI into their POS systems benefit from detailed analytical data generated by the system, which informs management about the utilization of inventory items, resulting in significant cost savings. Underutilization or product expiration can be avoided by tracking and purchasing items based on their use.

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Customer Experience Purchasing Inventory 198

Modern Restaurant Management

JANUARY 10, 2022

This will provide more reliable data, and information that is easier to parse and act on. An app for things like scheduling, clocking, inventory, and checklists is becoming more popular and giving restaurants a competitive edge in a tight labor market. Move to Mobile.

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Inventory Recipes Restaurant Manager Restaurant Management 208

Modern Restaurant Management

MAY 19, 2022

With accurate recipe information gained from menu engineering, it’s now time to see how much product you are using in theory versus how much you actually use, which can be critical to your profitability. Train Staff on the Importance of Restaurant Inventory Control. Learn to Forecast Accurately.

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Recipes Inventory Food and Beverage Food and Beverage 188

Food Safety Tech

NOVEMBER 25, 2024

A larger movement is now emerging to bridge this information gap, driven by consumer demand for deeper insights into the food they consume. According to research by NielsenIQ and the Food Industry Association, two-thirds of shoppers are willing to switch to brands that provide detailed product information.

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Food and Beverage Food and Beverage Nutrition Food Supply 111

Modern Restaurant Management

DECEMBER 10, 2020

Consider that mobile makes up 84% of all “near me” searches and 28% of searches for something nearby result in a purchase. Keeping websites up to date with fresh content and complete restaurant information including menus, hours of operation, and address can improve SEO (Search Engine Optimization). Keep them updated.

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Inventory Purchasing 225

Modern Restaurant Management

AUGUST 1, 2024

He believes that it's underutilized in the restaurant industry and can discuss the benefits it has for inventory management and food waste reduction, and why it’s a secret tech weapon that more brands should utilize. Vise spoke with Modern Restaurant Management (MRM) magazine about the opportunity for RFID in restaurants.

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Inventory Management Inventory Food Safety Restaurant Manager 129

Modern Restaurant Management

SEPTEMBER 7, 2022

While restaurants have always been intentional about food waste, menu offerings, and purchasing, I see operators doubling down on looking for any efficiency to help save money right now. Having strong management of your menu enables improvement across all areas of your inventory and food management.

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Recipes Inventory Purchasing 197

Modern Restaurant Management

AUGUST 12, 2020

Not only were thousands of restaurants required to close for a period of time, but inventory prices have increased and the Centers for Disease Control and Prevention has recommended potentially expensive new sanitation processes and reduced capacities. Make sure there’s clear and visible signage around the restaurant.

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Purchasing Inventory Restaurant Manager Restaurant Management 209

Modern Restaurant Management

APRIL 21, 2020

As reported every day in the news, kitchens across the country are shuttering often with inventory on hand and retailers cannot stock their shelves fast enough to meet consumer demand as panic-buying abounds. These products are generally sold and purchased in bulk and do not contain required consumer labeling.

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Nutrition FDA Food Service Food Service 164

Food Safety News

DECEMBER 15, 2023

Fresh Express immediately notified affected retailers and instructed them to remove the recalled items from store shelves and all inventories. To obtain a refund or for more information, consumers may call the Fresh Express Consumer Response Center at 800 242-5472. Refunds are also available where purchased. (To

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Inventory Food Safety Purchasing 131

Modern Restaurant Management

OCTOBER 25, 2024

Leaders in the sector have noted not just the potential to attract customers who are increasingly making purchasing decisions based on their environmental ethics. Managing Inventory The first area of focus for any waste elimination strategy is your restaurant’s approach to ingredients.

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Inventory Management Inventory Inventory Management Software Kitchen Equipment 124

Lavu

DECEMBER 9, 2019

Keep Track of Your Inventory. Busy with other tasks and responsibilities, restaurant owners and managers don’t always reconcile inventory as often as they should. It’s a good idea to implement a First-In, First-Out (FIFO) system to ensure that the first food items purchased are also the first used. Think Before Ordering.

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Point of Sale Inventory Recipes Purchasing 113

Food Safety News

OCTOBER 20, 2023

Food package information for the implicated Kroger Collard Greens includes Lot Code 110093-387 and UPC 11110-18171 with Best By date of 10-16-2023. Baker Farms has issued a voluntary recall in affected states, and Kroger has requested all stores remove unsold packages from shelves and destroy any product inventory.

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Inventory Food Safety Purchasing 135

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. If you purchase ingredients and supplies with cash, be sure to keep copies of the actual receipts from the vendors. Operating a restaurant is not easy. This allows the auditor to verify the expenses.

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Food and Beverage Food and Beverage Point of Sale Purchasing 188

Modern Restaurant Management

MAY 9, 2023

” In a restaurant setting, personalization often lies in making informed menu recommendations – something automation excels at. The same technology can also be used to efficiently provide customer support, like additional menu information. Every dime of revenue can be captured before it falls through the cracks.

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Customer Experience Inventory Purchasing Hospitality 178

Culinary Digital

APRIL 5, 2023

Here are some important factors to consider when purchasing foodservice software. Additionally, the software should be flexible enough to integrate with other systems, such as payment gateways, inventory management software, and accounting software. The ability to track inventory and sales data in real-time.

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Purchasing Inventory Management Software Customer Experience Inventory 52