article thumbnail

The Cost Advantage of the Right Purchasing Partnerships

Modern Restaurant Management

One of those costs is with partnering services, with many food service operators relying on purchasing groups to help them make category-specific strategic purchases. Finding the Right Purchasing Partner Some of this may be a review of foodservice purchasing practice and strategy. So let’s take this a step further.

article thumbnail

Top Five Factors to Consider When Purchasing a Portfolio of Cleaning Products

Modern Restaurant Management

restaurants owners have a lot to consider when purchasing their cleaning portfolio. Another factor to consider when purchasing your cleaning portfolio is product efficacy. By purchasing products that are known and trusted by consumers, you can bring that level of clean and sanitization to your business. percent this year alone.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

USDA funding for local food purchases now available for school nutrition operators

Food Management

million for states and territories to purchase local foods for the National School Lunch Program and School Breakfast Program. The funding allocates up to $471.5

article thumbnail

Don’t Count Out Cash

Modern Restaurant Management

Nearly half (47 percent) of consumers abandon in-store purchases when they can’t pay in cash. Aside from Gen Z, cash is the second most popular way to pay for all age groups. Businesses that fail to offer cash as a payment option risk losing sales and revenue.

article thumbnail

Customer Experience in the Restaurant Industry: Reflections and Predictions through an AI Lens

Modern Restaurant Management

By automating customer data collection from a wide range of sources and shaping that data into unified – and actionable – customer profiles, Chipotle improved customer loyalty in the following ways: Communications tailored to individual consumer’s preferences, including suggestingproducts and add-on purchases, providing coupon code (..)

article thumbnail

The Future of Dining in 2025 Is Smarter, Simpler, and More Personal

Modern Restaurant Management

For example, AI can help QSRs make smarter inventory decisions by analyzing purchasing trends and aligning ingredient orders with demand. This reduces waste and ensures menu availability, even during busy periods.

Inventory 450
article thumbnail

How a Creative Cocktail Program with a Beer and Wine License Can Help Your New Restaurant Succeed

Modern Restaurant Management

Restaurant owners looking to purchase an existing license can face prices up to $1 million depending on demand. The Hidden Costs of a Full Liquor License and a Cost-Effective Solution Across the U.S., This financial burden is not unique to Florida.