Remove Inventory Remove Purchasing Remove Staffing
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Save Inventory, Time and Labor Cost with IoT Monitoring

Modern Restaurant Management

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. Rising Overhead Costs Are Hiking up Prices.

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Embracing the Future: Key Trends Shaping the Restaurant, Bar, and Hospitality Industry in 2025

Modern Restaurant Management

Restaurants and bars are leaning into automation to address staffing shortages, enhance operational efficiency, and meet rising customer expectations for speed and consistency. For instance, smart inventory systems can help reduce waste, while energy-efficient appliances cut operational costs and carbon footprints.

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Restaurant Giants Declare War on Digital Chaos

Modern Restaurant Management

The operational trifecta of inventory management, financial oversight, and labor scheduling represents a major drain on resources for most chain restaurants. For example, smart scheduling platforms balance staffing needs precisely, eliminating costly overscheduling while ensuring peak service periods remain well-covered.

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How AI Technology Can Help Restaurants Stay Open

Modern Restaurant Management

In recent years, the restaurant industry has incurred staffing issues that have closed independent establishments and franchises nationwide. Fortunately, the latest advances in AI technology may keep the lights on for restaurants facing staffing shortages, while also helping these businesses run more efficiently and obtain more customers.

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Competition’s Coming: Key Technology Changes Can Help You Win

Modern Restaurant Management

Delivery and curbside pick-up reduced on-site staffing. Inventory stock changed significantly. By improving customer loyalty and increasing revenue through the smart use of technology from the public-facing part of the business all the way to the back-of-house prep, sourcing, and staffing.

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How AI Will Save the Restaurant Industry

Modern Restaurant Management

Restaurants can then adjust their food purchasing decisions accordingly, reducing their spending amounts as well as their contribution to food waste. Integrated Inventory and Purchasing. This kind of predictive technology can be used by restaurants in so many ways: to manage inventory, staffing, menu pricing, and more.

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What Does 2024 Look Like for the Restaurant Industry?

Modern Restaurant Management

Fifty-three percent of those respondents said they have reduced their cost of goods sold (COGS) through better inventory tracking of key ingredients. In addition, AI can be used to automate and improve many back-of-house processes such as sales forecasting, purchasing, inventory, scheduling, and accounting.

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