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How to Wield Restaurant Food Costs to Your Advantage

MBB Hospitality

Leveraging technology can streamline these processes, reducing waste and ensuring precise portion control. Advanced food costing solutions offer predictive analytics, helping restaurants forecast future spending and adjust budgets accordingly. Another aspect of strategic purchasing is the consolidation of suppliers.

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2023 Outlook: Trends and Challenges Restaurants Will See, Part One

Modern Restaurant Management

Rising Consumer Expectations : Recession fears will cause many consumers to be more discerning with their food and beverage budget, and bar and restaurant owners will continue to battle over wallet share. More international brands will continue to enter the US market through delivery-only models. – Alex Canter, CEO of Nextbite.

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