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How to Leverage Data to Optimize Inventory for Profitability

Revenue Hub

NB: This is an article from Craftable Subscribe to our weekly newsletter and stay up to date Optimizing back-of-house processes like procurement and using data to manage current inventory and help predict future trends can help operators control purchase orders, reduce financial risks and anticipate and adjust to future needs based on past trends.

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Mainstay Amenity

Lodging Magazine

But without streamlined operations and strategic procurement practices, this valued amenity can put a drain on hotel profitability. LODGING Back of the House caught up with four seasoned hotel F&B and operations leaders to discuss how hotels can offer free breakfast without breaking the bank.

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Tech-Driven Hospitality Trends to Expect in 2024 and Beyond

Revenue Hub

For example, AI can help procurement software compare environmentally friendly and diverse-owned hotel suppliers and monitor outcomes when investing in these businesses. Automation technologies make a difference in hotel operations and efficiency to streamline back-office tasks such as inventory management, accounting, and payroll processing.

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Setting Up Your Cloud Kitchen? These Are The Operational Processes To Follow

The Restaurant Times

Cloud Kitchens, also known as dark kitchens, ghost kitchens, virtual restaurants, and delivery-only restaurants, run entirely on the strength of their back-of-house operations. Inventory Procurement. While procuring inventory, ensure that you are not compromising on the quality of raw materials. Kitchen Management .

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Cloud Kitchens – The Future Of The Restaurant Industry Beyond COVID

The Restaurant Times

Since there is no real storefront or dining area with ghost kitchens, you just need a few back-of-house employees to fulfil online orders. With a Supply Chain Management solution, you can automate your procurement and inventory management processes to better understand your wastage, food costs, and material stock.

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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Labor costs can be further divided into two main categories: Back-of-House (BOH) Labor: This includes kitchen staff, such as chefs, cooks, and dishwashers, who are responsible for food preparation and maintaining kitchen cleanliness.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.