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. Research shows that using POS systems can reduce stockouts by 15% and cut excess inventory by 10% , directly improving profitability.

Inventory 78

Inventory Inventory Management Recipes Inventory Management Software 78

Modern Restaurant Management

SEPTEMBER 27, 2023

Money and Inventory Management The profitability of a restaurant depends on the careful management of cash flow. Inventory management is another key issue that can creep up if owners are not aware of what product they have and how much is currently available.

Inventory Management 519

Inventory Management Inventory Point of Sale Customer Experience 519

Modern Restaurant Management

APRIL 5, 2022

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.

Inventory Management 491

Inventory Management Inventory Point of Sale Inventory Management Software 491

Modern Restaurant Management

APRIL 10, 2024

Leverage Data to Personalize Experiences Every day, restaurants generate vast volumes of data from their point-of-sale (POS) systems. They’re using that information for myriad purposes—from effectively managing inventory to launching new menu items.

Inventory 492

Inventory Point of Sale Food Preparation Staffing 492

Modern Restaurant Management

JULY 13, 2021

The research is pointing toward off prem only continuing to grow in popularity with guests. Choosing to focus only on ordering and point of sale systems is like only finishing the middle of the puzzle. Is it better drive thru tech or smart inventory tools to keep tighter controls on food costs?

Inventory 493

Inventory Point of Sale Purchasing 493

Modern Restaurant Management

MAY 15, 2023

With the right partner, mobile ordering: Integrates seamlessly with your point of sale, enabling employees to focus on the guest experience, not managing delivery orders by phone or a separate app. Manages orders at peak hours so the kitchen isn’t overwhelmed.

Customer Experience 493

Customer Experience Inventory Management Software Inventory Point of Sale 493

Modern Restaurant Management

JANUARY 20, 2022

Integrated Inventory and Purchasing. One area of restaurant operations where AI can have a major impact is by integrating inventory and purchasing systems with your point of sale (POS systems). Optimized Delivery Processes. Automated Marketing and Remarketing.

Inventory 520

Inventory Purchasing Chef Point of Sale 520

Lithos POS

NOVEMBER 5, 2024

Effective inventory management is essential for both retailers and restaurants. Poorly managed inventory can lead to missed sales opportunities, increased waste, and unhappy customers. With the right Point of Sale (POS) software , businesses can avoid these problems and streamline their warehouse processes.

Inventory 52

Inventory Inventory Management Point of Sale Customer Experience 52

Modern Restaurant Management

MARCH 24, 2020

The modern restaurant point-of-sale (POS) system has grown beyond simply handling payments. Feature-rich mobile POS systems have evolved to processing orders, sending tickets to the kitchen, providing detailed reporting and offering thorough inventory and business management. The Future of POS.

Point of Sale 306

Point of Sale Inventory Food Service Food Service 306

Lavu

JULY 12, 2022

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 Inventory Management with These 5 Tools Read More ».

Inventory Management 147

Inventory Management Inventory Point of Sale 147

Modern Restaurant Management

JULY 30, 2020

Orders from online channels and delivery partners had to be manually entered into its previous Point-of-Sale (POS) system, and manually delivered to the kitchen. They also had a tremendous amount of data from disparate sources with no way to efficiently aggregate and analyze inventory, customer preferences and more.

Point of Sale 383

Point of Sale Food and Beverage Food and Beverage Kitchen Display System 383

Modern Restaurant Management

MARCH 28, 2024

While brands are increasingly labeling their products with 2D barcodes, retailers have also recognized the value and committed to accept 2D barcodes at point of sale by 2027 in a GS1 US initiative called “ Sunrise 2027.”

Menu Creation 552

Menu Creation Food Safety Point of Sale Inventory 552

Modern Restaurant Management

MAY 31, 2022

For example, basic point of sale (POS) systems or integrated restaurant management systems are useful digital tools that enable data reporting. ERP systems streamline and automate inventory management, provide real-time low-stock notifications, allow users to download critical data, and improve overall visibility into the business.

Inventory 491

Inventory Customer Experience Restaurant Management Restaurant Manager 491

Modern Restaurant Management

APRIL 21, 2022

Roy Phillips (RP) : 20 years ago it was all about the point of sale (POS). There were a couple restaurant management software companies out there, but it was just inventory and budgets. I don’t remember any reporting other than inventory reports. It wasn't all that great, to be honest.

Point of Sale 493

Point of Sale Inventory Restaurant Management Restaurant Manager 493

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 Inventory Food and Beverage 528

Modern Restaurant Management

JUNE 10, 2024

Leveraging Customer Data for Optimized Operations Integrating technology into restaurant operations, from point-of-sale systems to customer relationship management (CRM) platforms, facilitates the collection and analysis of customer data. Customer data plays a pivotal role in improving operational efficiency and promoting innovation.

Customer Experience 443

Customer Experience Point of Sale Inventory Management Staffing 443

Sculpture Hospitality

SEPTEMBER 13, 2021

Bar inventory software, known as a bar inventory management system , is a technology that integrates with your point-of-sale (POS) system to automate and centralize the processes associated with managing your bar inventory.

Inventory 116

Inventory Point of Sale Inventory Management 116

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

Inventory 486

Inventory Point of Sale Staffing 486

Modern Restaurant Management

SEPTEMBER 3, 2024

By focusing on key technologies like point-of-sale (POS) systems, local dining businesses can maximize their investments and position themselves for success in a digital-driven industry. Navigating the sea of technical options can feel like deciphering a menu in a foreign language.

Inventory 458

Inventory Point of Sale Inventory Management Staffing 458

Lavu

FEBRUARY 28, 2025

Start by analyzing these Top 7 POS Sales Reports to know where your restaurant is headed. These reports help you understand sales trends, manage inventory, optimize staffing, and improve customer satisfaction. Sales Exceptions Reports : Spot voids, refunds, and discounts to minimize losses and detect irregularities.

Inventory 78

Inventory Staffing Point of Sale Inventory Management 78

Modern Restaurant Management

AUGUST 16, 2023

With integrated point-of-sale (POS) systems, the entire dining process is streamlined, from when customers order to when they pay for their meals. POS systems offer a multitude of benefits for businesses, including: Streamlined operations by automating various tasks such as sales transactions, inventory management and reporting.

Customer Experience 419

Customer Experience Inventory Inventory Management Food and Beverage 419

Modern Restaurant Management

OCTOBER 26, 2022

A point of sale (POS) system which combines payment processing with restaurant management software can help make restaurant operations run smoother and more efficiently. Using this technology, restaurants can take orders, accept payments, organize inventory, manage team members, and grow their customer base.

Point of Sale 449

Point of Sale Inventory Management Purchasing Inventory 449

Modern Restaurant Management

JULY 8, 2020

When point of sale (POS) systems were introduced, restaurants learned they could provide better service to guests and improve business decisions and management. Hospitality and technology worked together to build a better and more profitable restaurant experience for everyone.

Hospitality 520

Hospitality Hospitality Point of Sale Inventory 520

Modern Restaurant Management

JANUARY 13, 2022

Electronic point-of-sale (EPOS) terminals that send new checks straight through to the kitchen. Inventory management software to minimize stock loss, wastage, or theft. Digital ordering systems for eating-in or takeout. You can track the food or drink journey from ordering to delivery on a management screen.

Inventory Management Software 545

Inventory Management Software Customer Service Customer Service Point of Sale 545

Sculpture Hospitality

NOVEMBER 23, 2020

Touchscreen point-of-sale (POS) systems are a crucial part of any restaurant or bar’s operational processes, but they can be incredibly expensive. POS systems often cost at least $20,000, and that price often comes with the myth that a POS can fulfill all of a restaurant’s operational needs.

Point of Sale 147

Point of Sale Inventory 147

Modern Restaurant Management

JULY 5, 2023

This trend is primarily driven by advancements in point of sale (POS) systems and the availability of white label, plug-and-play online ordering systems. For example, well-crafted integrations between software systems enable simplification and automation of order management, inventory control and customer relationship management.

Hospitality 449

Hospitality Hospitality Customer Experience Online Ordering Systems 449

Modern Restaurant Management

MARCH 11, 2025

Point-of-sale systems needed seamless integration with online ordering platforms and third-party delivery services, while customer relationship management tools facilitated personalized marketing and loyalty programs. For restaurant operators, this digital shift necessitated the adoption of integrated technologies.

Staffing 221

Staffing Inventory Food Inventory Hospitality 221

Modern Restaurant Management

DECEMBER 30, 2020

NCR Corporation leads the global restaurant point-of-sale (POS) software market according to research and consulting firm RBR. RBR’s study, which covers projects with 1,000 or more point-of-sale devices, forecasts nearly 1.8 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

Modern Restaurant Management

JUNE 23, 2022

Technology has permeated the quick serve restaurant industry and job functions – from point of sale (POS) to complying with food safety standards. Taking orders at the counter and preparing quick meals were not necessarily perceived as stepping stones to better-paid careers with expanded responsibilities. Fast forward to 2022.

Food Safety 474

Food Safety Point of Sale Staffing Inventory 474

Modern Restaurant Management

OCTOBER 1, 2024

These devices enable bartenders to read customer situations in real time and adapt accordingly, whether by assisting a colleague at a table, offering another round to bar patrons, or even managing inventory on the fly. Seamlessly switching between tasks is designed to enhance service speed and accuracy.

Kitchen Display System 449

Kitchen Display System Point of Sale Kitchen Manager Kitchen Management 449

Modern Restaurant Management

OCTOBER 24, 2019

RFID assigns a digital identity to food items and allows real-time tracking and inventory visibility. This makes it crucial for restaurants to use technologies like Point Of Sale systems with multiple integrations, strong loyalty programs for customer acquisition and retention. This way, there will be a minimum of food wastage.

Point of Sale 374

Point of Sale Inventory 374

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. A – Accurate Records Perform daily reconciliations of cash registers and point-of-sale machines. Operating a restaurant is not easy.

Food and Beverage 470

Food and Beverage Food and Beverage Point of Sale Purchasing 470

Modern Restaurant Management

DECEMBER 16, 2021

Accurate forecasts help drive “smart” restaurant operations, like using daily sales to drive inventory decisions in smart ordering or smart prep. Things like customized tags and cost reporting can create detailed, valuable forecasts. Forecasting can also help inform employee schedules that optimize your labor spend.

Hospitality 473

Hospitality Hospitality Customer Experience Point of Sale 473

Lavu

FEBRUARY 14, 2024

A state-of-the-art restaurant POS System, specifically tailored for bars and restaurants, streamlines transactions, inventory management, and customer service, ensuring that business owners can focus on what they do best—serving their patrons. That’s why inventory management is one of the most important features of a good bar POS system.

Inventory Management 166

Inventory Management Inventory Point of Sale Kitchen Display System 166

Lithos POS

JULY 26, 2022

Here is why you need to rely on technology such as point of sale software (POS). An ideal point of sale software for small businesses can automate all your business operations. How does a point of sale software work at a small business? How does a point of sale software work at a small business?

Point of Sale 52

Point of Sale Inventory Management Inventory Customer Experience 52

Lithos POS

JANUARY 1, 2025

Are you struggling with long checkout lines, inefficient inventory management, or customer satisfaction? Point of Sale (POS) software is a game-changing tool that addresses these challenges head-on. Sales Reports: Generate detailed reports on fast-moving and slow-moving items to help managers make informed purchasing decisions.

Inventory Management 52

Inventory Management Inventory Customer Experience Point of Sale 52

Modern Restaurant Management

MAY 8, 2024

Prices for real estate, inventory, and labor are rising. Technology that adds speed and efficiency to ordering and checkout, like QR code menus, handheld point of sale terminals, and contactless payment are great tools to invest in. What should restaurant operators take away from these results?

Automated Food Prep 484

Automated Food Prep Customer Service Customer Service Food Preparation 484