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Inventory Management Software: Definition, Benefits, and What to Look For

Synergy Suite

In this article we’ll cover the ins and outs of inventory management software : what it is, what the benefits are, and how to choose the right one for your restaurant business. Inventory management software provides features to manage vendor information, track vendor performance, and compare prices from different suppliers.

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How to Drastically Cut Expenses in Your Restaurant (and Stay Profitable During COVID-19)

7 Shifts

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. Evaluate your restaurant scheduling practices to see if you are consistently over-budgeting on labor needs based on your sales. Good luck!

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Inventory Turnover Ratio for Restaurants: Maximizing Inventory Efficiency

Synergy Suite

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.

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

"Professionals work long hours and endure crazy schedules, so we conducted this study to learn more about their careers, the amount of work and time they put in daily, and tools they'd like to be provided with to make their jobs more seamless and less time-consuming. .” Global food prices are rising worldwide.

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10 Effective Cost-Saving Strategies for Hotels

Revenue Hub

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?