Modern Restaurant Management

MAY 10, 2022

We’re going to park this one here until a little later in this article. When you’re short on time and resources, technology can help you automate on and off-premise processes, navigate increased costs, and make more informed business decisions. Are you doing anything with that data? Leverage Purchasing Data. “Data!

Cost Reduction 198

Cost Reduction Pricing Procurement Information 198

Revenue Hub

OCTOBER 23, 2023

NB: This is an article from Amadeus Revenue managers are tasked with maximizing revenue and profitability, balancing occupancy and pricing, developing effective competitive demand strategies, understanding evolving guest needs, and more. Many of these sustainability efforts provide cost reduction benefits as well.

Pricing 88

Pricing Book Cost Reduction Strategic Planning 88

7 Shifts

APRIL 3, 2020

Please note thought: this article is meant to provide information only and is not a substitute for any professional advice you may receive from an accountant, lawyer, HR, or other professional. Have certain costs been reduced? Set a reminder for yourself to review the same data in 30 days and see what has changed. Good luck!

POS Systems 147

POS Systems Cost Reduction Pricing Download 147

The Restaurant Times

OCTOBER 29, 2020

In the restaurant business, labor costs account for the majority of expenses. The ratio of restaurant labor costs to the overall sales averages at 22-40%, whereas it can be as high as 75% in some cases. That is why restaurants and cafes must control their labor costs and maintain profit margins. Invest In Hiring.

Training 40

Training Cost Reduction Scheduling Server 40

Synergy Suite

DECEMBER 14, 2023

At the end of this article, you’ll not only grasp the concept of the inventory turnover ratio but also be equipped with strategies to maximize it, ensuring smoother operations and increased profitability for your restaurant. Let’s explore inventory turnover ratio, and dissect its importance in the restaurant industry.

Menu Planning 52

Menu Planning Information Procurement Training 52

Revenue Hub

MAY 18, 2023

Inflation, labour issues, and rising cost to meet the needs of an increasingly tech-savvy and sophisticated guest journey. With an ever-increasing amount of cost-associated challenges in our industry, this topic couldn’t have been addressed at a better time. Want to know how to turn cost issues into a competitive advantage?

Front Desk Operations 82

Front Desk Operations Cost Reduction Book Training 82

Modern Restaurant Management

DECEMBER 16, 2019

November and December purchases typically account for upwards of 50 percent of annual gift cards sales. While gift cards account for 6.3 This article looks at what happened in the cultured meat industry in 2019 and explores what’s in store for 2020. The Role of an Event Professional.

Events 128

Events Pricing Marketing Cost Reduction 128