Modern Restaurant Management

JANUARY 29, 2025

Retailers : Grocery stores have responded by imposing purchase limits on eggs to manage supply. Advanced Inventory Management : Utilizing data-driven forecasting tools allows businesses to anticipate fluctuations and adjust procurement strategies accordingly.

Food Supply 373

Food Supply Inventory Management Purchasing Inventory 373

Modern Restaurant Management

DECEMBER 11, 2024

Inventory Management : Finding the right balance to avoid overproduction or stockouts has been a crucial learning curve. Leverage Exclusivity : Limited-edition items or seasonal drops can drive excitement and urgency to purchase. So everything is extremely limited. Only 150 of each shirt to create urgency.

Inventory Management 419

Inventory Management Inventory Restaurant Manager Restaurant Management 419

Modern Restaurant Management

APRIL 2, 2025

Streamlining is essentially about building efficient and transparent procurement and inventory management practices, so the decreased vulnerability or cost savings gained through supply chain diversification are not offset by the increased cost and complexity of maintaining them.

Inventory Management 221

Inventory Management Inventory Purchasing 221

Modern Restaurant Management

JUNE 14, 2022

Simply put, a point of sale is where you ring up customers for the product they purchased. Inventory Management System. Restaurant theft in the back of house often occurs when no one is watching, and while security cameras and POS Systems can help, an inventory management system is a great way to add another layer of security.

Inventory Management 508

Inventory Management Point of Sale Inventory Purchasing 508

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.

Inventory Management 322

Inventory Management Inventory Food Safety Restaurant Manager 322

Modern Restaurant Management

SEPTEMBER 28, 2020

To fully utilize the food you have purchased, you should track the waste in your restaurant. From there, you will be able to compare the quantity of waste in comparison to the size of the original inventory order. This will help to identify where cuts can be made, and how much money is being leaked through this channel.

Inventory 553

Inventory Kitchen Equipment Inventory Management Food Service 553

Lavu

NOVEMBER 29, 2024

Running a restaurant is tough, and poor inventory management can make it even harder. That’s where POS inventory tools step in to help. Automation : Handles tasks like purchase orders and pricing updates, saving time and minimizing errors.

Inventory 78

Inventory Inventory Management Recipes Inventory Management Software 78

Modern Restaurant Management

OCTOBER 26, 2022

consumers, 33 percent of these consumers used a credit card for their most recent restaurant food purchase. A point of sale (POS) system which combines payment processing with restaurant management software can help make restaurant operations run smoother and more efficiently. According to a PYMNTS survey of 3,250 U.S.

Point of Sale 449

Point of Sale Inventory Management Purchasing Inventory 449

Modern Restaurant Management

JUNE 15, 2021

Lavu, the restaurant technology services company, estimates 42 percent of food purchases are made online. After purchasing data decision logic technology, as reported in 2019, the restaurant chain now collects as much information about consumers as it can to determine when, why and how they make a purchase at any given time of the day.

Inventory 508

Inventory Inventory Management Food and Beverage Food and Beverage 508

Modern Restaurant Management

NOVEMBER 11, 2021

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. Connecting your financial, transaction, and restaurant inventory management systems enables you to optimize production and better control cost variance proactively.

Inventory 546

Inventory Food and Beverage Food and Beverage Inventory Management 546

Sculpture Hospitality

SEPTEMBER 18, 2020

Proper food and beverage inventory management is one of the most important processes that any restaurant can implement into their backend operations. That’s because poor ordering decisions lead to wasted money.

Inventory Management 108

Inventory Management Inventory Food and Beverage Food and Beverage 108

Modern Restaurant Management

MARCH 7, 2022

By following the first in, first out (FIFO) methodology of food inventory management, you reduce waste and ensure that your food stays safe and tastes good. If you decide to purchase restaurant equipment, consider these factors: Ownership costs (TCO). Commercial freezers can store more perishable items than home freezers.

Commercial Kitchen 473

Commercial Kitchen Kitchen Equipment Inventory Inventory Management 473

Modern Restaurant Management

MARCH 1, 2023

This assists with calculating current stock levels, along with tracking future costs, forecasting, and optimal inventory management. Also, BOH staff should establish a declining spending budget to account for weekly purchases and pinpoint how much budget remains for need-it-now food and ingredient purchases.

Purchasing 428

Purchasing Inventory Management Chef Food Storage 428

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 and reporting.

Inventory 508

Inventory Recipes Inventory Management Purchasing 508

Modern Restaurant Management

APRIL 11, 2024

Leveraging technologies such as robotic food preparation and AI-powered inventory management systems can streamline processes and optimize resource utilization. Implementing automation to enhance kitchen efficiency has the potential to save businesses thousands of dollars annually.

Customer Experience 473

Customer Experience Recipes Inventory Inventory Management 473

Modern Restaurant Management

OCTOBER 26, 2023

Restaurants that have an integrated POS solution are accepting payments more than any other function, but many also use these platforms for accounting services, inventory management, gift cards, mobile loyalty programs, and even leveraging internal customer data to drive social promotion and marketing campaigns.

Customer Experience 474

Customer Experience Point of Sale Inventory Management Purchasing 474

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. Components of a Restaurant Inventory Management System. Vendor Management System.

Inventory Management 78

Inventory Management Inventory Recipes Point of Sale 78

Culinary Digital

APRIL 5, 2023

Be it a CXOs, manager or food service operation experts, investing in the right software for your foodservice business is crucial to streamline operation, improve efficiency and enhance customer experience. Here are some important factors to consider when purchasing foodservice software. Comprehensive training and onboarding resources.

Purchasing 130

Purchasing Inventory Management Software Customer Experience Inventory 130

Lavu

NOVEMBER 29, 2024

Automate Orders : Automatically reorder items when stock runs low, minimizing waste and emergency purchases. By analyzing past sales, seasonal trends, and supplier timelines, these systems create precise purchase orders. They let restaurants monitor inventory from anywhere, manage multiple locations, and keep data updated in real-time.

Inventory 78

Inventory Inventory Management Kitchen Display System Purchasing 78

Modern Restaurant Management

NOVEMBER 3, 2021

Inventory management, automated reporting, one-click purchasing, and more are all ways you can look at streamlining the daily tasks employees face. It’s all too easy to make mistakes or burn out when tasks take longer than they should. Tap into Scheduling Software.

Inventory 433

Inventory Staffing Inventory Management Purchasing 433

Modern Restaurant Management

NOVEMBER 8, 2019

These weighing scales are designed to take the guesswork out of food measurement and ensure controlled costs and better inventory management. The importance of restaurant weighing scales cannot be underestimated. Let’s find out the types of restaurant scales and their uses: 1.

Inventory 318

Inventory Inventory Management Recipes Purchasing 318

Lavu

MARCH 28, 2025

With capabilities like real-time inventory management, automated scheduling, and customer relationship management (CRM) integration, restaurants can efficiently run tailored promotions for birthdays, anniversaries, and other special events. This makes it easy to offer personalized promotions.

Inventory 78

Inventory Purchasing Inventory Management Customer Service 78

Sculpture Hospitality

MAY 18, 2021

Restaurant inventory management is a process that helps your business monitor the food and beverage products that you have coming in and going out of your restaurant on a weekly, monthly or quarterly basis.

Inventory 95

Inventory Purchasing Inventory Management Food and Beverage 95

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.

Inventory Management 59

Inventory Management Inventory Inventory Management Software Commercial Kitchen 59

Modern Restaurant Management

JANUARY 11, 2024

Understanding your menu, and what customers are purchasing regularly will help save money because you aren’t purchasing items that are just going into the trash. Respect Reviews Managing a restaurant requires you to wear many hats. Keep your menu small and concise. Have a focus for your restaurant and stick with it.

Restaurant Manager 417

Restaurant Manager Restaurant Management Inventory Management Purchasing 417

Modern Restaurant Management

SEPTEMBER 14, 2022

Inventory Management: Integrating inventory with your point of sale (POS) systems is an essential AI capability that every restaurant needs. Restaurant owners can track inventory purchase data, which can help them buy ingredients more efficiently. Role of AI in Back of House.

Staffing 528

Staffing Customer Experience Food and Beverage Food and Beverage 528

Lavu

MARCH 17, 2025

Up to 10% of purchased food can go to waste before it even reaches a customer. Inventory Management Use FIFO (First In, First Out) to rotate stock. Count inventory daily to avoid overstocking. Monitor food spoilage and use FIFO (First In, First Out) inventory management. Whole Wheat Bun $0.30 Total Cost $5.15

Inventory 78

Inventory Inventory Management Food and Beverage Food and Beverage 78

Modern Restaurant Management

MARCH 14, 2024

By leveraging predictive analytics, AI provides planners with deep insights into guest preferences, optimizes inventory management, and significantly cuts waste. AI's role extends beyond wine selection, revolutionizing aspects from operational logistics to enhancing guest experiences.

Inventory 472

Inventory Inventory Management Purchasing Hospitality 472

Modern Restaurant Management

JULY 28, 2021

Several of our customers have benefitted from IPA and machine learning (ML) and have used them to improve processes like ordering, demand forecasting, labor planning, inventory management, etc. Restaurants can learn from retailers to leverage online shopping behavior (clicks, purchase history, abandonment) to upsell and cross-sell.

Customer Experience 493

Customer Experience Inventory Management Staffing Recipes 493

Lavu

NOVEMBER 30, 2024

Cloud-based POS systems like Lavu are a popular choice because they combine inventory management with real-time cost tracking. Divide the total cost of an ingredient by the quantity purchased to determine the cost per unit. For instance, if you purchase 10 pounds of ground beef for $35, the unit cost is $3.50

Inventory 78

Inventory Recipes Inventory Management Purchasing 78

Modern Restaurant Management

DECEMBER 31, 2024

In fact, hot honey purchases surged by 30 percent in Grubhub grocery stores orders, proving that Americans were all in on swicy, pairing it with everything from fried chicken to French fries. With alcohol sales shrinking, restaurants must reevaluate their offerings, menus, and inventory management to maintain profitability.

Purchasing 221

Purchasing Food and Beverage Food and Beverage Restaurant Manager 221

Modern Restaurant Management

SEPTEMBER 9, 2022

People are deciding to eat- at home and purchase less. This article will cover how implementing automation tools like IoT monitoring can save your business money, protect your inventory, and save time. Inflation is promptly changing the behavior of everyone.

Inventory 474

Inventory Staffing Food Service Food Service 474

Modern Restaurant Management

FEBRUARY 5, 2024

Nearly all restaurateurs (98 percent) believe AI will solve some of their staffing challenges, particularly around food prep and delivery management (42 percent), voice ordering technology (41 percent), predictive ordering and inventory management (39 percent), and food prep robots (38 percent).

Food and Beverage 492

Food and Beverage Food and Beverage Purchasing Staffing 492

Lavu

APRIL 4, 2025

A modern POS system for bars goes beyond just processing paymentsit helps with inventory management, staff scheduling, and real-time sales tracking. It can also create purchase orders, helping reduce waste and maintain accurate stock levels. For Multi-Location Operations : Lavu is ideal for bars with multiple locations.

Inventory 78

Inventory Inventory Management Point of Sale Customer Experience 78

Lavu

MARCH 13, 2025

Results: Boosted Sales and Streamlined Operations These strategic changes led to impressive improvements during the holiday season: Metric Improvement Revenue +25% year-over-year Food waste 40% reduction Table turnover 15% increase Customer satisfaction 20% improvement The kitchen saw major benefits, especially in inventory management.

Inventory 78

Inventory Staffing Inventory Management Purchasing 78

Modern Restaurant Management

DECEMBER 30, 2020

While restaurants looked after frontline workers, diners lended their own efforts to support restaurants and their staff in 2020, offering donations, gift cards, tickets towards online classes and merchandise purchases. After the holidays, focus on inventory management improvements and keep inventory lean.

Food and Beverage 528

Food and Beverage Food and Beverage Point of Sale Inventory 528

Lithos POS

JANUARY 1, 2025

Are You Facing Challenges Managing Your Supermarket? Are you struggling with long checkout lines, inefficient inventory management, or customer satisfaction? Simplifying Inventory Management : Supermarkets handle thousands of products across multiple categories, complicating inventory management.

Inventory Management 52

Inventory Management Inventory Customer Experience Point of Sale 52