Modern Restaurant Management

MAY 10, 2022

Nobody has time for that when there is a crowded dining room, to-go orders flying out the window and customers complaining about their favorite menu items going up in price. At the end of the day, there are so many ways you can minimize your operational costs and make things easier for both you and your staff. Leverage Purchasing Data.

Cost Reduction 197

Cost Reduction Pricing Procurement Information 197

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 92

Pricing Book Cost Reduction Strategic Planning 92

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. If you change or restrict your staffing needs, then you will be able to reduce costs by nature of your service concept. Good luck!

POS Systems 147

POS Systems Cost Reduction Pricing Download 147

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. Continuously assess your suppliers based on factors such as reliability, quality, and pricing.

Menu Planning 52

Menu Planning Information Procurement Training 52

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 Global food prices are rising worldwide. Twenty-six countries in the index report food price inflation of 5 percent or higher in the past year. The Role of an Event Professional.

Events 128

Events Pricing Marketing Cost Reduction 128

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 87

Front Desk Operations Cost Reduction Book Training 87