Modern Restaurant Management

JANUARY 18, 2022

We all know that being a restaurant manager is tough. When we think of a restaurant manager, we think of common traits such as a high-energy, service-oriented individual with strong people skills who can stay calm under immense pressure. How to Set-Up Restaurant Accounting Cycles.

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Inventory Restaurant Manager Restaurant Management Food and Beverage 212

Modern Restaurant Management

AUGUST 29, 2022

Restaurant management and operations personnel are always on the search for proactive ways to increase operational efficiency and reduce waste while complying with local regulations. Today, the sophistication of IoT technology available to the restaurant sector is at an all-time high.

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Modern Restaurant Management

MAY 10, 2022

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. These days, restaurants are on the search for solutions to minimize costs and provide efficiency throughout their operation. Leverage Purchasing Data.

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Inventory Purchasing Recipes Restaurant Manager 197

Optimum Control

MAY 27, 2021

When you’re unable to open your doors to the public, whether that be due to private events, or renovations, you may be asking yourself “what do I do with all of my inventory?” If you look at your restaurant’s inventory management software, how much of your inventory is simply sitting there unused and going bad?

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Lavu

NOVEMBER 17, 2023

This low profit margin can be attributed to the high overhead costs associated with running a restaurant, including rent, labor, food and beverage costs, and utilities, often account for a major chunk of your expenses, making it challenging to increase your restaurant profit margin.

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Inventory Management Inventory Food and Beverage Food and Beverage 138

Lithos POS

AUGUST 20, 2024

LithosPOS Software stands out as the best POS system for restaurants and cafes , designed to increase the operational efficiency of restaurants and cafes Using the advanced features of the POS software, LithosPOS contributes to your operation more easily and increases overall efficiency. View all locations from a single dashboard.

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Modern Restaurant Management

AUGUST 22, 2024

"People tend to go to fast-food restaurants for the speed and lower price point. " In addition to searching for a value proposition, guests are concerned with food safety and sustainability, making it even more of a challenge for restaurants, but technology and vendor relationships can help operators. "For

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Modern Restaurant Management

JANUARY 5, 2024

Understanding current trends can help an overall approach to strategically aligning with projections for the future of the restaurant logistics and food distribution industries to stay ahead of the competition. Businesses in the restaurant industry heavily rely on customer loyalty to maintain steady cash flow.

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Restaurant Manager Restaurant Management Staffing Inventory 117

Modern Restaurant Management

OCTOBER 26, 2022

consumers, 33 percent of these consumers used a credit card for their most recent restaurant food purchase. Partnering with a payment processing company that delivers services designed to inject efficiency into operations is another way restaurants can reduce their costs. According to a PYMNTS survey of 3,250 U.S.

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Point of Sale Inventory Management Purchasing Inventory 179

Modern Restaurant Management

SEPTEMBER 28, 2020

For this reason, it is crucial to take the time as a restaurant manager or owner to build and implement comprehensive training programs. Establishing training protocols, which focus on individual employees’ roles in your restaurant, helps to create awareness of their direct responsibilities.

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Inventory Kitchen Equipment Inventory Management Food Service 221

Modern Restaurant Management

JANUARY 10, 2022

After adopting better delivery and takeout technology in 2020, restaurants are now turning their tech budgets toward bringing in back of house. Restaurant employees are used to managing their lives on their phones and have increasingly been managing their work on their phones, as well.

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Inventory Recipes Restaurant Manager Restaurant Management 208

Modern Restaurant Management

MARCH 2, 2022

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Restaurant menu prices continue upward as the U.S. Technomic also reported that 45 percent of consumers say they usually pick restaurants with lower prices.

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Food and Beverage Food and Beverage Recipes Inventory 195

Modern Restaurant Management

JANUARY 11, 2024

Management takes on multiple jobs throughout the restaurant including hiring, marketing, maintaining the budget, operations and keeping customers and staff happy. When working in a restaurant, management must utilize a variety of skills to run a successful business. Have a focus for your restaurant and stick with it.

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Restaurant Manager Restaurant Management Inventory Management Purchasing 166

Modern Restaurant Management

MARCH 1, 2023

Same goes for office space, break room, and other management areas; if your BOH infrastructure isn’t up to speed, there is an inevitable “domino effect” that will negatively impact business. They include restaurant management tips for cutting costs, decreasing food waste, and much more.

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Purchasing Inventory Management Chef Food Storage 171

Modern Restaurant Management

APRIL 14, 2020

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Q: What can I do to help my restaurants and community battle the effects of COVID-19? Plan to sell your existing inventory before you add more. Prepare to welcome them back.

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Inventory Recipes Purchasing Restaurant Manager 187

Lithos POS

JUNE 7, 2023

It allows you to manage your inventory, payment, customers, employees, and other sales business operations. When a customer makes a purchase the salesperson enters or scans the item to the POS. The system processes the payment and updates the inventory, deducting the sold items from the available stock.

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Inventory Management Inventory Point of Sale Purchasing 40

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.

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Inventory Staffing Purchasing Point of Sale 78

Optimum Control

AUGUST 12, 2021

To calculate the actual food cost, we’ll use the following equation: Actual Food Cost = Beginning Food Inventory + Food Purchases – Ending Inventory This equation can be used for either individual ingredients or using your full recipe for an overall total food cost.

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Modern Restaurant Management

APRIL 21, 2022

There were a couple restaurant management software companies out there, but it was just inventory and budgets. It seemed like the POSs were trying to do a lot of what restaurant management software companies are doing today, all encompassing into the point-of-sale. It wasn't all that great, to be honest.

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Point of Sale Inventory Restaurant Manager Restaurant Management 197

Modern Restaurant Management

AUGUST 23, 2023

Restaurant loyalty programs are nothing new so what can restaurants do to stand out from the competition and better engage with guests to build relationships? Many are trying out subscription models to see if they can benefit restaurants and guests.

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Online Ordering Systems Customer Experience Staffing Inventory 167

Lavu

MARCH 27, 2020

The words “restaurant management system” rarely cause excitement. Food is fascinating, and dining out often leads to cherished memories, but a restaurant’s transaction system does not make it into those memories. A Historical Look at the Evolving Restaurant. Restaurants have been evolving since the 1850s.

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Point of Sale Restaurant Manager Restaurant Management Inventory 78

Modern Restaurant Management

APRIL 22, 2020

Additionally, the Napa, California-based company launched a unique exchange program and purchasing inventory from wineries to help support the loss of sales to distributors due to restaurant and tasting room closures. Modern Restaurant Management (MRM) magazine spoke with Benchmark CEO David Parker their efforts.

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Purchasing Inventory Restaurant Manager Restaurant Management 164

Modern Restaurant Management

MAY 6, 2020

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. A : As states and counties look to reopen across the US, one area restaurant operators are looking toward is their supply chain.

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Food and Beverage Food and Beverage Inventory Restaurant Manager 165

Lavu

MARCH 2, 2020

Help in identifying the most or least profitable locations, for better inventory and staff management. Restaurant analytics software takes restaurant data, visualizes it, and presents it for easy analysis. A restaurant analytics system can be built in the restaurant management software.

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Inventory Restaurant Manager Restaurant Management Point of Sale 78

Modern Restaurant Management

AUGUST 12, 2020

With more than 23,000 closures since March, restaurants are one of the industries hardest hit by COVID-19, according to the Yelp Local Economic Impact Report. To help offset all of this, some restaurants have implemented COVID-19 surcharges, either by raising menu prices or adding a fee to the total bill.

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Purchasing Inventory Restaurant Manager Restaurant Management 208

Optimum Control

APRIL 14, 2021

Inventory Management The next step in managing your food cost is ensuring your inventory management is a fine tuned, well-oiled machine. Waste in restaurants can be a large source of lost profits. Rebates Many GPOs will also offer rebates available through various suppliers on a number of items.

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Inventory Management Inventory Management Software Inventory Purchasing 52

Lavu

DECEMBER 20, 2019

Inventory Management. You probably spend about a third of your expenditures on your food and beverage inventory. effectively managing your inventory is critical to daily operations as well as long-term profitability. inventory management you can not accurately track the cost of goods sold.

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Inventory Food and Beverage Food and Beverage Inventory Management 78

Lithos POS

NOVEMBER 29, 2023

Point-of-Sale (POS) System for order fulfillment The point of sale system(POS) is the necessary technology to use in every restaurant. You can manage your inventory, customers, payments, accounting, employees, and more. When it comes to a restaurant order fulfillment process is a different stage process.

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Modern Restaurant Management

JANUARY 25, 2022

The customers are already in your restaurant, where they can experience the menu and taste your food firsthand. This purchase won’t increase revenues or efficiencies, but will create additional costs. How to Weigh Potential Restaurant Upgrades Webinar. Another client thought that showcasing his dishes, menu, events, etc.

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Food and Beverage Food and Beverage Staffing Hospitality 189

Lavu

JANUARY 21, 2020

With an automation tool like Sourcery , you can integrate the system into your restaurant management applications. This allows you to process, extract, and transfer data between the accounting system and your restaurant POS system. . Install a Good Restaurant POS System. Track Restaurant Inventory.

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Modern Restaurant Management

JUNE 26, 2024

Over 90 percent of customers say digital restaurant displays have significantly influenced their purchasing decisions, resulting in a nearly 40 percent rise in restaurant sales. But what do customers want from the drive-thru experience and how can QSRs better meet those needs? How will the drive-thru change in the coming years?

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Customer Experience Inventory Restaurant Manager Restaurant Management 175

Lithos POS

JANUARY 27, 2023

To invest in the right equipment you need to consider the following points Budget Budget is one of the important aspects when planning to purchase equipment for your restaurant. If you are limited by budget and don’t have much space in your restaurant, then you can find equipment that can meet your multiple needs.

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Lavu

JANUARY 21, 2020

Choosing a restaurant accounting system sounds easier on paper than the actual process of knowing what to consider before making the choice. You need to consider whether you need web-based accounting software, integration of the accounting software to your POS system, the cost of purchasing the system, and other important factors.

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Lavu

JANUARY 3, 2020

EBITDA considers earnings from restaurant operations only. This allows restaurant management to get an accurate value of the business before the impact of tax jurisdiction, capital structure, and interest payments. . EBITDA is an important metric when buying, selling, or investing in a restaurant. Conclusion.

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Inventory Management Inventory Point of Sale Restaurant Manager 88

Lithos POS

JANUARY 27, 2022

Everything from managing the business to increasing sales comes under management. Restaurant Manager Duties. Ensuring Best Customer Service Management of Vendors, Inventory, and Equipment HR Objectives Marketing Planning menu Health and safety standards Managing costs. No Precise Planning.

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Inventory Management Software Inventory Inventory Management Food and Beverage 52

Optimum Control

FEBRUARY 7, 2022

From meat and poultry, to produce and dairy, the cost of feeding ourselves is growing at a pace that makes it difficult for not only consumers purchasing groceries, but also for restaurants purchasing ingredients. Menu Changes Menus continue to be one of the most hot button issues restaurants face.

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Inventory Management Inventory Inventory Management Software Recipes 52

Lavu

JANUARY 21, 2020

The best type of restaurant accounting software. Popular accounting software for restaurants. Key considerations when choosing restaurant accounting software. Purchasing restaurant accounting software. Why You Need Restaurant Accounting Software. How accounting software makes your work easier.

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