Synergy Suite

MAY 16, 2023

Inventory management software provides features to manage vendor information, track vendor performance, and compare prices from different suppliers. Usage and Costs Inventory management software helps restaurants control costs by providing insights into inventory usage and costs.

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Definition POS Systems Vendor Management Scheduling 52

7 Shifts

APRIL 3, 2020

Step one: evaluate and reduce costs on your main business inputs Once you have taken care of all the immediate, obvious cost cutting measures, the first step is to start evaluating your primary restaurant costs. Your prices – Last, but surely not least, are your prices. Have certain costs been reduced?

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POS Systems Cost Reduction Pricing Download 147

Synergy Suite

NOVEMBER 2, 2023

When you’re looking for a good labor cost percentage, lower is better. If for example your labor cost percentage is 50%, things probably aren’t going too well financially. Track labor costs as a percentage of revenue. Efficient staff scheduling and management can help optimize this metric.

Scheduling 52

Scheduling Training Information Cost Reduction 52

Synergy Suite

DECEMBER 5, 2023

Understanding this critical number can help you make informed decisions about pricing, menu offerings, and cost control, ultimately leading to the financial success of your restaurant. It acts as a financial safety net, helping you make informed decisions about cost-cutting or marketing strategies to weather downturns.

Pricing 52

Pricing Budgeting Information Marketing 52

Lithos POS

APRIL 19, 2024

A POS system is crucial for the success of businesses like restaurants and retail stores. It can greatly impact growth and cost savings. But first, let’s define what a point-of-sale system is. The point of sale, or POS, is an intricate software and hardware combination used to process transactions.

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POS Systems Catering Cost Reduction Blog 52