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. Comprehensive reporting and analytics capabilities help address sales volume concerns.

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Inventory Point of Sale Inventory Management Staffing 458

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.

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Inventory Point of Sale Staffing 486

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.

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Inventory Staffing Point of Sale Inventory Management 78

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.

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Food Safety Point of Sale Staffing Inventory 474

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

Quick-service restaurants are also feeling the pressure – large chains like Chick-fil-A and McDonald’s have had to close dining rooms due to insufficient staffing. Accurate forecasts help drive “smart” restaurant operations, like using daily sales to drive inventory decisions in smart ordering or smart prep.

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Hospitality Hospitality Customer Experience Point of Sale 473

Modern Restaurant Management

JUNE 27, 2023

Introducing automated digital processes for functions such as timesheets, inventory and guest receipts can quickly improve efficiency, enhance accuracy, cut costs and prevent revenue leakage. As well, automation reduces errors and improves accuracy. Staying in control of your prime costs starts with consistent and routine monitoring.

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Inventory Food and Beverage Food and Beverage Point of Sale 275

Modern Restaurant Management

DECEMBER 21, 2022

Having a single supplier and point of support for all the store technology and payment processing functions also reduces administrative burden and risk. That said, staffing will continue to be an obstacle for the restaurant industry in 2023. Consumers are realizing it’s a delicious wine with a good price point.

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Food and Beverage Food and Beverage Staffing Chef 419

Modern Restaurant Management

FEBRUARY 18, 2020

” Their answers touched on a variety of subjects including AI, virtual reality, virtual kitchens, staffing and retention, social media marketing, sustainability and third-party delivery. Table stakes today requires a POS system that fully integrates and automates: Inventory management – recipe management and COGS insights.

Food and Beverage 539

Food and Beverage Food and Beverage Catering Catering 539

Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. The introduction of dynamic pricing has many benefits for operators, including the ability to increase revenues, better manage inventory and protect profit margins.

Catering 539

Catering Catering Food and Beverage Food and Beverage 539

Modern Restaurant Management

DECEMBER 31, 2024

Restaurants purchase food and schedule staffing based on the number of guests expected to serve each day. ” “AI and automation are reshaping dining, from robotic chefs to AI-driven customer interactions and predictive inventory systems. This shift appeals to diners seeking memorable, beyond-the-meal experiences.”

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Food and Beverage Food and Beverage Chef Nutrition 450

The Restaurant Warehouse

APRIL 9, 2025

Point of Sale Systems A modern point-of-sale (POS) system is crucial for managing transactions, tracking inventory, and gathering customer data. A good POS system streamlines your operations and helps you understand your sales trends. Startup Costs Starting a bakery involves some upfront investment.

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Point of Sale Inventory Catering Catering 52

The Restaurant Warehouse

APRIL 4, 2025

Initial Inventory and Food Costs Your initial inventory represents a significant upfront cost. Building strong vendor relationships and implementing efficient inventory management from the start will help you control these costs. Labor and Staffing Expenses Staffing is another substantial part of your budget.

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Inventory Inventory Management Staffing Purchasing 52

Lavu

NOVEMBER 10, 2022

A modern restaurant point-of-sale (POS) system now offers many automation tools that make it easier to operate more efficiently and effectively. Related: Kitchen Display Systems: How Your Restaurant Can Benefit #3) Inventory Management System Tracking inventory at your restaurant can be tedious.

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Kitchen Display System Inventory Management Inventory Inventory Management Software 78

Total Food Service

OCTOBER 22, 2023

The main types of back of house solutions for restaurants include: Point of sale software (POS) Traditionally considered a front of house system, a restaurant POS allows your servers to easily take orders and payments from guests – but the right POS can do even more. So, what kind of tech are we talking about?

Kitchen Display System 89

Kitchen Display System Inventory Recipes Staffing 89

Lavu

JANUARY 2, 2020

How Do you Make Accurate Restaurant Sales Forecasts? Keeping accurate forecasts of your restaurant sales allows you to determine how well your business is performing. You get to know when to order your next month inventory, open more restaurant locations, or recruit more employees for optimal performance. Inventory Projections.

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Inventory Staffing Purchasing Restaurant Management 78

Modern Restaurant Management

OCTOBER 16, 2019

Increased inventory availability, faster delivery, better data, and constant innovation add value to the entire supply chain. By providing restaurants with skilled workers on demand, Pared is helping solve chronic staffing issues while also lowering restaurant overhead costs. ”=. . ”=. . Preoday and TISSL Team.

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Staffing Chef Hospitality Hospitality 317

Lavu

APRIL 8, 2020

Choosing a point of sale (POS) system is one of the most important business decisions to make. The right POS system provides a powerful platform to boost sales and streamline operations. Online ordering apps can be setup either through a Point of Sale system or as a stand-alone system. Staffing and Human Resources.

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Point of Sale Inventory Inventory Management Customer Service 78

Lavu

DECEMBER 12, 2022

List all the cash that’s going out each week and each month, including: Rent, loans, or mortgage payments Food and drink ingredients Labor costs Supplies An essential tool for monitoring cash coming in and out of your business is a point-of-sale (POS) system. Learn More: Which Accounting Reports Should Your Restaurant Keep?

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Inventory Inventory Management Staffing Point of Sale 78

Lavu

MARCH 13, 2020

For fast-casual restaurants, opting for a mobile point-of-sale system makes the most sense. Before modern point-of-sale systems were available, paper ticketing was the best method to relay customers’ orders to the kitchen. Manage Inventory for Efficient Turnaround Time. Instead, open the floodgates!

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Point of Sale Inventory Inventory Management Staffing 78

Total Food Service

NOVEMBER 5, 2023

By leveraging AI-powered systems, the brand optimized its back-of-house operations, enabled precise forecasting, improved inventory management, and enhanced ingredient sourcing. The system processes customer orders placed via voice and then transmits orders directly to the restaurant’s point-of-sale.

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Staffing Point of Sale Inventory Management Food Service 88

Lavu

NOVEMBER 27, 2024

A modern Point of Sale (POS) system can help you do just that by cutting costs, reducing waste, and streamlining operations. Here are the 7 must-have POS features that can transform your business: Inventory Tracking : Reduce food waste by 10% with real-time stock management and automated alerts.

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Inventory Customer Experience Point of Sale Inventory Management 78

Lavu

NOVEMBER 27, 2024

A Point of Sale (POS) system is the core of quick-service restaurants, improving speed, accuracy, and overall efficiency. Here’s a quick summary of what you need to know: Key Benefits : Faster orders, real-time inventory tracking, seamless online ordering, and detailed sales reports. Monitor usage trends to spot patterns.

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Kitchen Display System Inventory Inventory Management Point of Sale 78

Lavu

JANUARY 21, 2020

A good point of sale (POS) system is critical to restaurant accounting. The system will help you track your labor and inventory costs, methods of payment, and other important information. . On the other hand, prime costs are the majority and include all the expenses that change with the sales volume.

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Inventory Food and Beverage Food and Beverage Point of Sale 78

Lithos POS

SEPTEMBER 24, 2024

One of the most critical pieces of this puzzle is your Point of Sale (POS) system. The POS system is now the backbone of restaurant operations integrating order management, inventory tracking, customer statistics, payment processing, and more into one cohesive platform. Here’s why making the right choice matters: 1.

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Inventory Management Inventory Point of Sale Customer Experience 52

Lavu

NOVEMBER 27, 2019

A Mobile Point-of-Sale System. Mobility is central to a food truck business, and your point of sale should support that. Using a handheld device like an iPad to run credit cards, manage inventory, and place orders streamline operations and fit into the limited space of a food truck. Automated Scheduling.

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Point of Sale Inventory Staffing Chef 78

Lavu

MARCH 11, 2020

From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Whether you are looking for effective inventory management software or just a POS system for your business, restaurant management software is something you cannot afford to miss.

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Restaurant Management Restaurant Manager Inventory Inventory Management 78

Lavu

JUNE 12, 2019

Figure out staffing. Pair it with your POS system, inventory tracker, and team scheduling tool, and you’re set up for success. The post 5 Ways to Transform Your Restaurant Into an Event Space appeared first on iPad Point of Sale System for Restaurants, Bars & More. Nail down the details.

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Point of Sale Staffing Inventory Customer Experience 74

Lavu

JANUARY 21, 2020

The report provides valuable information on the restaurant’s sales, taxes, tips, discounts, credit card fees, refunds, comps, cash short or over, and more. One way of generating more useful DSRs is simplifying your restaurant point of sale categories to ensure every aspect is accurately recorded. Concluding Remarks.

Food and Beverage 78

Food and Beverage Food and Beverage Point of Sale Inventory 78

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. Staffing changed during this time as well to cater to the off-premises customer experience.

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Staffing Inventory Food Inventory Hospitality 418

Lavu

MARCH 23, 2020

Proper Staffing. When matched with a robust POS system , inventory tracker, and team scheduling tool, it will create the means for success. appeared first on iPad Point of Sale System for Restaurants, Bars & More. Keep the venue cost down by offering flexibility on dates events may be held.

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Customer Service Customer Service Food and Beverage Food and Beverage 78

Lithos POS

JULY 4, 2024

A cash buffer ensures you can pay for rent, utilities, salaries, and inventory without stress. Job Loss or Staffing Issues – Tip : Prepare for situations where you might need to cover staff shortages or replace key employees. Initial revenues might be lower than expected as you build your customer base and reputation.

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Customer Experience Customer Service Customer Service Staffing 52

Modern Restaurant Management

OCTOBER 8, 2020

Revel Enterprise also simplifies and automates how Pizza King calculates ingredient-level inventory and labor costs. ” “Revel’s product engineering team has worked hard to develop a best-in-class point of sale solution built specifically for pizzerias,” said Greg Dukat, CEO, Revel Systems. Impact App.

Food and Beverage 386

Food and Beverage Food and Beverage Point of Sale Nutrition 386

Modern Restaurant Management

DECEMBER 21, 2023

What we’re seeing, however, is that technology adoption is less about solving “the staffing problem” as much as it is about enhancing the guest experience. As it relates to technology, there’s no question more and more tap rooms, bars and restaurants are embracing technology.

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Food and Beverage Food and Beverage Customer Experience Point of Sale 309

Modern Restaurant Management

DECEMBER 31, 2019

They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. As we head into 2020, Point of Sale (POS), back of the house software and payment processing are becoming tightly integrated. Desi Saran, CEO and Founder of Sweetberry.

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Food and Beverage Food and Beverage Staffing Chef 345

Modern Restaurant Management

OCTOBER 29, 2020

” Flippy ROAR is able to optimize staffing during late night shifts for the 24-hour restaurant, traditionally difficult slots to fill, now further challenged by social distancing – ensuring White Castle customer service standards stay high at all hours. ” Scan to Order.

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Chef Catering Catering Recipes 359

Modern Restaurant Management

DECEMBER 17, 2024

From inventory management to predictive labor scheduling, AI tools will help restaurants cut costs and adapt in real-time, while providing operators valuable data to help inform business decisions. I think 2025 will be the year restaurants focus on turning insight to action through integrations.

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Food and Beverage Food and Beverage Point of Sale Kitchen Display System 419