Modern Restaurant Management

FEBRUARY 12, 2024

Part of what you’re paying for when purchasing a restaurant is the brand reputation and web history. To prevent issues down the road, it's best to make sure you speak with your attorney to have all the necessary information. Beyond the brick and mortar, there are many digital assets to manage during the transition phase.

Purchasing 454

Purchasing 454

Modern Restaurant Management

OCTOBER 14, 2020

You can use it to lay out your menu items in a way that influences your customers to purchase more, increasing the average order value. If you’re less sensitive to table turnover and would prefer your customers stay longer to purchase additional drinks, this is something to consider. Test and Experiment Quickly.

Purchasing 550

Purchasing 550

Modern Restaurant Management

MAY 11, 2022

At one point, inventory management was a meticulous, lengthy and manual process for the Independent Purchasing Cooperative (IPC), an independent member-owned, managed and governed cooperative of North American Subway franchisees, which is responsible for approximately 24,000 Subway restaurants. Benefits Are Realized.

Inventory 547

Inventory Inventory Management Purchasing 547

Modern Restaurant Management

JULY 23, 2021

And those consumers are going to their phones first for information about where to eat. With every click and purchase, customers reveal their intentions and preferences. Mobile engagement is extremely valuable for restaurants, as timing is critical. Analytics plays a role here in establishing that balance.

Food and Beverage 558

Food and Beverage Food and Beverage Purchasing 558

Modern Restaurant Management

SEPTEMBER 13, 2021

Purchase Food. Purchase Beer. Purchase Wine. Purchase Liquor. This column has been calculated against total sales, giving us low costs and inaccurate information. . $962,462. Cost of Goods Sold. Total · Cost of Goods. Total · Cost of Goods. Labor Cost. Labor cost is calculated against gross sales.

Food and Beverage 492

Food and Beverage Food and Beverage Purchasing 492

Modern Restaurant Management

JUNE 12, 2024

” Having an understanding about debt can help operators make long-range informed decisions. “Restaurant owners should use debt opportunistically to finance long-term investments in the business such as the purchase of equipment and furnishings,” he added. It is important to keep the restaurant concept clean and fresh.

Kitchen Equipment 493

Kitchen Equipment Staffing Purchasing Restaurant Management 493

Modern Restaurant Management

OCTOBER 8, 2021

However, reports of friendly fraud – when a customer submits a dispute with their issuing bank for a legitimate purchase to obtain a refund after goods or services have been received – has been rising. Requiring customers to pick up high-value orders in person with the transacting payment card and/or ID as proof of purchase.

Purchasing 499

Purchasing Hospitality Hospitality 499

Modern Restaurant Management

JANUARY 4, 2022

From the moment they set foot inside your restaurant to the first time they log onto your website, your customers are sharing vital pieces of information that can fundamentally change how your brand operates. It may not look like it at first glance, but every interaction you have with your guests generates data.

Customer Service 539

Customer Service Customer Service Point of Sale Purchasing 539

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? Technology can be the crutch you lean on to make those smarter, more informed business decisions. The unknown is always scary.

Inventory 539

Inventory Purchasing 539

Modern Restaurant Management

SEPTEMBER 21, 2023

Or, if you want information about another city, state, or country, you just need to enter the desired location, like “restaurants in Orlando.” Register with Google My Business : It's a free platform that allows businesses to manage their online information and appear in Google search results.

Online Ordering Systems 507

Online Ordering Systems Purchasing Customer Experience 507

Modern Restaurant Management

JULY 15, 2020

Given that drones capable of making food deliveries can be purchased for several thousands of dollars if not less, drone delivery may become a viable cost-effective means for restaurants to increase delivery capacity and reduce dependence on third-party applications without significantly increasing overhead.

Purchasing 483

Purchasing 483

Modern Restaurant Management

SEPTEMBER 12, 2024

Data to consider includes: Demographics: Information such as gender, race, income, and age can reveal trends and patterns within specific groups. Spending Habits: Purchases at restaurants, typically discretionary and impulsive, vary based on the type of establishment.

Recipes 447

Recipes Purchasing Customer Experience Catering 447

Modern Restaurant Management

FEBRUARY 11, 2021

The company discovered that bad actors are advertising their services on Telegram forums in order to purchase food and beverage orders at a reduced price, using stolen payment information on behalf of customers. Then, using these stolen payment methods, fraudsters are able to market their services in Telegram forums.

Food and Beverage 474

Food and Beverage Food and Beverage Purchasing 474

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?

Customer Experience 531

Customer Experience Purchasing Inventory 531

Modern Restaurant Management

AUGUST 9, 2021

In many models, restaurant owners can also collect and analyze rich data about their patrons and purchasing activities. They can track customers, including when and where they scan and track purchase histories and personal data, in many cases without their knowledge or consent. They can also be prime targets for hackers.

Restaurant Management 531

Restaurant Management Restaurant Manager Purchasing 531

Modern Restaurant Management

APRIL 5, 2021

A RetailMeNot survey found that 67 percent of consumers have made a purchase they initially weren’t planning on solely because they found a coupon or discount. Gen Z processes information faster than they’re given credit for, and brands who want to engage with them must get their message out as early as possible.

Purchasing 443

Purchasing 443

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. You can experiment and then look into purchasing more professional equipment as your virtual offerings expand. You can still hold these shows at your venue with a virtual audience. Classes and Tastings.

Catering 531

Catering Catering Food and Beverage Food and Beverage 531

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.

Food and Beverage 111

Food and Beverage Food and Beverage Nutrition Food Supply 111

Modern Restaurant Management

MARCH 30, 2020

Post social updates and press releases for major policy updates as well as making that information readily available on your company website. Purchasing additional Bloodborne Pathogen Kits and first aid kits for vehicles. Purchasing wrapped disposable cutlery. Delivery customers want restaurants to communicate (well and often!)

Purchasing 511

Purchasing Food Safety 511

Modern Restaurant Management

AUGUST 17, 2021

By opting out, users prohibit Facebook from collecting data about clicks, downloads, or in-app purchases to share with other websites for advertising purposes. The pixel keeps track of that data, storing it in Facebook and using it to inform ad campaigns. How Apple's Privacy Update Can Impact Restaurant Marketing.

Purchasing 531

Purchasing Hospitality Hospitality 531

Modern Restaurant Management

SEPTEMBER 3, 2021

Using a text messaging platform generates a depth of information and immediate feedback based on user responses. This information can help you fine-tune your LBA. LBA enables you to target relevant customers with the correct information according to their location. Beacons use small physical objects located in specific areas.

Customer Experience 495

Customer Experience Purchasing 495

Modern Restaurant Management

AUGUST 4, 2020

Long lines generally lead to long wait times, which result in a negative purchase experience for customers who expect efficiency, regardless of the times. A survey by marketing firm Impact found that 54% of customers who had a negative purchase experience share it with at least five other people.

Purchasing 496

Purchasing Staffing Food Preparation 496

Modern Restaurant Management

APRIL 24, 2020

Local search and social pages provide the top sources of information consumers are going to in order to stay informed and connected, therefore it’s essential to manage a localized digital presence to remain top-of-mind for consumers. Keep Consumers Informed. These are questions that consumers want answered.

Purchasing 467

Purchasing 467

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.

Inventory 402

Inventory Customer Service Customer Service Customer Experience 402

Modern Restaurant Management

FEBRUARY 27, 2024

These errors prompted nearly half (47 percent) of all respondents to “break-up” with a business that shares inaccurate online information, opting instead for a competitor. Just as no one wants to be catfished by a fake dating profile, consumers don't want to be misled by inaccurate business information.

Customer Experience 472

Customer Experience Restaurant Management Restaurant Manager Purchasing 472

Modern Restaurant Management

MARCH 23, 2020

Offering a free kids’ menu item with the purchase of an adult meal is a great tactic for gaining business and increasing check amounts, especially with most schools being closed during this time. Keep Employees Informed. Kids Eat Free. This idea can be applied to dine-in, pickup, and delivery orders. Gift Cards. Restrict Hours.

Purchasing 507

Purchasing Recipes 507

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. As the industry gets on the road to recovery, this will be more important than ever.

Food and Beverage 546

Food and Beverage Food and Beverage Customer Experience Staffing 546

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.

Inventory 563

Inventory Purchasing 563

Modern Restaurant Management

FEBRUARY 27, 2023

Hold Vendors Accountable to Contract Pricing As restaurant owners receive vendor invoices, they should use a system that can track purchased item costs to discover any contract violations. Make Frequent and Informed Labor Decisions Labor has a major impact on any restaurant’s cash flow.

Inventory 474

Inventory Food and Beverage Food and Beverage Purchasing 474

Modern Restaurant Management

OCTOBER 15, 2021

Restaurants are feeling an unprecedented churn as they face staffing shortages, implement new SOPs, keep up with city, state, and national regulatory agencies and ever-evolving pandemic information – while also running their business and keeping everyone safe. Many restaurant leaders are feeling relentless pressure.

Food Safety 492

Food Safety Staffing Purchasing Hospitality 492

Modern Restaurant Management

NOVEMBER 21, 2022

In August of this year, the cost for consumers of purchasing food away from home rose by 8.3 According to a poll from Ipsos, meals purchased at restaurants and take out foods are usually the first extraneous expense to be cut by consumers. percent compared to the same period in 2021.

Purchasing 492

Purchasing Recipes Catering Catering 492

Modern Restaurant Management

MARCH 21, 2022

Back-office technology centralizes, automates, and improves operating processes related to purchasing, accounts payable, inventory management, recipe and menu engineering, labor scheduling,?and Few in the hospitality industry are thrilled by headlines informing them that inflation rates in the U.S. and reporting.

Inventory 508

Inventory Recipes Inventory Management Purchasing 508

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.

Customer Experience 493

Customer Experience Purchasing Inventory 493

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. Ensure they know how to review demand forecasts and make informed decisions about the likely volumes of each dish needed for each service.

Inventory Management 309

Inventory Management Inventory Inventory Management Software Kitchen Equipment 309

Modern Restaurant Management

APRIL 14, 2022

The pandemic massively accelerated the widespread adoption of a variety of paths to purchase, including buy-online-pick-up-in-store (BOPIS), delivery and app-based ordering. The first job of retail and QSR associates is to help customers and eliminate friction along the path to purchase. Now, it’s the same with QSRs.

Customer Experience 474

Customer Experience Purchasing Point of Sale 474

Modern Restaurant Management

SEPTEMBER 2, 2020

Handling this well means you inform guests ahead of time that in order to accommodate as many diners as reasonably possible (and given the situation), please limit your time to 90 minutes. This information should be communicated when the guest makes their reservation. I’ve also heard 2 hours which is also very reasonable.

Culinary Education 508

Culinary Education Purchasing Restaurant Management Restaurant Manager 508

Modern Restaurant Management

MARCH 9, 2023

Local authorities establish and enforce these laws, so the specific guidelines as to who can sell, purchase and consume alcohol and under what conditions (and the punishments for violation) vary widely across jurisdictions. This information does not amend, modify or supplement any insurance policy.

Purchasing 450

Purchasing Hospitality Hospitality 450