Modern Restaurant Management

MAY 10, 2022

It can take hours to manually figure out things like recipe costs, ingredient prices and inventory counts. With the right food cost management technology, you can automate and manage tasks such as recipe costing, accounting, and purchasing, all in real-time. Leverage Purchasing Data. “Data!

Cost Reduction 197

Cost Reduction Pricing Procurement Information 197

Synergy Suite

NOVEMBER 30, 2023

Understanding and managing prime costs is vital for several reasons: Profitability: Prime costs, comprising both the cost of goods sold (COGS) and labor expenses, typically account for the largest portion of a restaurant’s expenses. Be prepared to adjust your calculations to account for seasonal fluctuations.

Portion Control 52

Portion Control Scheduling Pricing Training 52

Synergy Suite

DECEMBER 14, 2023

Strategic procurement practices, such as negotiating favorable terms, bulk purchasing , and securing competitive prices, can positively impact inventory turnover ratio by minimizing the overall cost of goods sold (COGS). Utilize historical sales data, market trends, and customer feedback to refine your forecasting process.

Menu Planning 52

Menu Planning Information Procurement Training 52