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What Can I Do to Reduce My Restaurant Supply and Labor Costs?

Modern Restaurant Management

Nobody has time for that when there is a crowded dining room, to-go orders flying out the window and customers complaining about their favorite menu items going up in price. At the end of the day, there are so many ways you can minimize your operational costs and make things easier for both you and your staff.

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What Restaurants Need to Know About PPP Forgiveness, Including Recent Changes 

Modern Restaurant Management

Cost reduction should be considered for both direct and indirect spend across cost categories. For restaurants, some necessary costs may be out of their control. Food prices fluctuate with changes in the supply chain. When costs increase, business owners have two options.

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Inventory Turnover Ratio for Restaurants: Maximizing Inventory Efficiency

Synergy Suite

This ratio serves as a key performance indicator, guiding restaurants in optimizing their supply chain and maintaining a healthy financial equilibrium. Cost Reduction One of the most direct benefits of an improved inventory turnover ratio is the reduction in holding costs.

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

Synergy Suite

It simplifies communication with vendors, tracks deliveries, and provides alerts for low stock levels, ensuring timely replenishment of supplies. Vendor Management Effective vendor management is crucial for maintaining a reliable supply chain. Budget Consider your budget when choosing your solution.

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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Why Prime Costs Matter in the Restaurant Business The significance of prime costs lies in their comprehensive representation of direct expenses associated with both the production of culinary offerings and the workforce essential to their creation. Kitchen Supplies: Utensils, cookware, and small appliances used in food preparation.

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El Pollo Loco’s Pledge and techtown Refresh

Modern Restaurant Management

This investment represents the first institutional capital into Green Rabbit and positions the company to continue its growth in the $20 billion e-commerce food and grocery delivery market by adding additional talent to its workforce and further developing its supply chain automation capabilities.

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

“Science will interlace with the food supply chain to boost yields and combat climate change. Celebrating the sustainable, health and cost benefits of lab-grown food will be crucial in educating consumers about nature-identical alternatives. .” Global food prices are rising worldwide. High-tech Harvests.

Events 128