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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. Here are some different ways technology can streamline your inventorymanagement: Real-Time Results.
Controlling a restaurant kitchen’s inventory is a key to proper restaurant management and can help avoid wasting food and space. When it comes to your livelihood, any gaps in inventory are more than mere annoyances — they could be hurting your ability to make a profit. Why InventoryManagement Matters.
Inefficient restaurant inventorymanagement practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Below are the top seven inventorymanagement mistakes restaurants are making, and how to correct them.
Accurate inventorymanagement is crucial to running a successful business because it directly impacts a company’s bottom line and is key to maximizing profits. Inventory Automation. “Franchisees had to pull pricing from their latest invoices and add up all the dollar figures. It was a painstaking effort.”
Proper inventorymanagement is more than just keeping track of parts. Here’s why it matters: Service technicians often face specific inventory challenges, but that doesn’t mean you need to be stuck with them.
Review inventorymanagement strategies Inventory isn't just a stockpile of ingredients. Explore new restaurant management software Restaurants can no longer afford to rely on spreadsheets and guesswork. It's a living, breathing asset that requires careful attention to control costs under. One way to stay agile?
ManagingInventory The first area of focus for any waste elimination strategy is your restaurant’s approach to ingredients. An excellent place to start is optimizing your shelf life management to ensure food lasts as long as possible. It takes commitment alongside some investment in specific areas of operations.
For example, implementing procedures to monitor inventory closely can prevent overstocking or food spoilage, while clear cleaning and maintenance schedules ensure the proper use and consumption of supplies. Adopt technology : Use tech solutions to simplify operations, such as automated scheduling or inventory tracking systems.
In 2025, artificial intelligence will continue to drive efficiency, particularly in areas like inventorymanagement, personalization, and workforce optimization. Despite the hype, the robotic restaurant future remains further out than many think. However, the human element will remain critical to delivering exceptional service.
For example, AI can help QSRs make smarter inventory decisions by analyzing purchasing trends and aligning ingredient orders with demand. Start with areas where AI can make a measurable impact, such as inventorymanagement or targeted promotions. This reduces waste and ensures menu availability, even during busy periods.
You’re handling inventory, coordinating staff, and managing delivery routes, but everything seems to take twice as long as it should. For example, let’s say you run out of a key ingredient because inventory wasn’t tracked accurately. It can also help you manageinventory and communicate with your kitchen staff.
When consumers order more food online, it’s clearly good for business – but it can also make it harder for businesses to manageinventory. In 2025, restaurants need to have a plan in place that ensures they are effectively managinginventory and redirecting unused, still edible food to donations.
Improved traceability means better inventorymanagement, as restaurants have clearer insights into what’s coming in and going out of the kitchen. Imagine being able to identify the source of a contaminated ingredient in hours instead of days, protecting customers and avoiding business disruptions.
This article will cover how implementing automation tools like IoT monitoring can save your business money, protect your inventory, and save time. An IoT remote monitoring device will allow operators to monitor critical business items such as inventory, refrigeration, HVAC from anywhere, at any time.
Back-office digital innovations are also helping restaurants manage costs and make the most of their workforce. Inventorymanagement tools, for example, enable the real-time tracking of food stock, alerting staff to use items before they spoil and reducing waste.
Running a restaurant is tough, and poor inventorymanagement can make it even harder. That’s where POS inventory tools step in to help. Research shows that using POS systems can reduce stockouts by 15% and cut excess inventory by 10% , directly improving profitability.
One study found that internal employee theft is responsible for 75 percent of inventory shortages and about 4 percent of restaurant sales. There are all kinds of different types of restaurant theft, ranging from food and inventory, theft at the register and checkout counter, external grease theft, time theft and employee product theft.
Real-time inventory systems help restaurants cut food waste , save money, and improve operations. Here’s how: Track Stock in Real-Time : Monitor inventory levels instantly to avoid overstocking or understocking. Reduce Spoilage : Get alerts for expiring items and use the FIFO method to manage perishable goods.
Keeping track of inventory is paramount to ensuring smooth operations of your bar and maximizing profitability. The days of manual inventorymanagement are long gone, replaced by advanced bar inventorymanagement software that can streamline processes, minimize losses, and enhance overall efficiency.
A customer would be disappointed to order a slice of pepperoni pizza and receive a slice of plain because the pizzeria was out of their … Master Pizza Restaurant InventoryManagement with These 5 Tools Read More ».
As a firm that specializes in working with clients in the restaurant industry, we regularly assist restaurant owners with many of these issues, particularly in areas like tax compliance, payroll, bookkeeping, and providing sound financial advice to help manage cash flow and business growth strategies.
Elevate your inventorymanagement. You can’t properly manage your spending if you don’t have a good handle on your inventory. Proper inventorymanagement is essential to knowing what’s coming in, what’s going out, and what you need to order. Reduce food waste.
Nobody wants to think that their employees are stealing from them, but it is an unfortunate reality at many restaurants and bars - thankfully bar inventorymanagement can help prevent it.
Sculpture Hospitality is delighted to announce that our innovative inventorymanagement solution for restaurant and bars has hit the news, featuring on a recent episode of NewsWatch - a trusted source for breaking consumer, technology, travel, health and entertainment news on the AMC Network and ION Network.
We're thrilled to share with you a must-listen (or watch) resource for anyone in the hospitality industry looking to elevate their inventorymanagement game.
Integrating mobile inventory systems with POS platforms simplifies restaurant operations by automating inventory updates, reducing errors, and providing real-time insights. Here’s what you need to know: Benefits : Real-time stock updates, improved accuracy, and smarter inventory planning.
InventoryManagement : Finding the right balance to avoid overproduction or stockouts has been a crucial learning curve. I always print about 4-5 physical shirts to put on staff to test if customers ask about them before sending a big order to print. So everything is extremely limited. Only 150 of each shirt to create urgency.
In our blog, we’ve discussed in detail how using inventorymanagement software to gain better visibility and control over your restaurant and bar inventory can significantly improve business profitability.
Bar inventorymanagement has a number of benefits. It gives you oversight of your stock, helps you make better ordering decisions, and it provides insights on turnover, costing, and your overall bottom line.
Food inventorymanagement is a critical part of your restaurant operations. It helps reduce food loss and the associated increase in the cost of goods sold.
Gain informative data-based insights – By accessing a single source of data from anywhere and any device, restaurants gain invaluable insights about their customers, employees, inventory – you name it – particularly when artificial intelligence (AI) is layered in.
Advanced InventoryManagement : Utilizing data-driven forecasting tools allows businesses to anticipate fluctuations and adjust procurement strategies accordingly. Exploring Egg Alternatives : The rise of plant-based and synthetic egg substitutes presents a viable option for bakeries and food manufacturers.
The reasons for the accelerated growth of this idea, the contribution of POS to these kitchens, the display systems to make the operations easier, and the automated operations used in the inventory as well in the kitchen for easy food management- are some of the ideas that will be discussed in the following paragraphs.
Bar inventorymanagement is a crucial aspect in understanding exactly how your business is performing compared to your key performance indicators (KPIs). The insights your bar gains from accurate inventory reports can help to drive up the profitability of your business.
Easy Access and InventoryManagement The large doors of walk-in coolers allow for easy access to stored items, making it convenient for staff to retrieve what they need. This accessibility boosts efficiency in kitchen operations and enhances inventorymanagement. Here are key steps involved in the installation process: 1.
Finding ways to align inventorymanagement with more environmentally friendly packaging helps reduce such waste. Considering those dealing with food insecurity or outright starvation, we could be doing so much more to improve how we manage the food we eat.
You’re ready to start using inventorymanagement software for your restaurant so that you can benefit from consistency and accuracy. Accurate inventorymanagement provides the information and insights you need to be successful. That’s fantastic!
He believes that it's underutilized in the restaurant industry and can discuss the benefits it has for inventorymanagement 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.
Upgrade inventory and ordering systems with the latest technology. Proper inventorymanagement is essential to decreasing food waste and saving related expenses. All employees should practice proper “first in, first out” inventorymanagement. Food takes up more space in US landfills than anything else.
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