Modern Restaurant Management

MAY 31, 2022

Restaurant owners or managers would rather spend time on other meaningful tasks, such as recruiting and hiring, training chefs, or updating daily specials on the menu. For example, basic point of sale (POS) systems or integrated restaurant management systems are useful digital tools that enable data reporting.

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Modern Restaurant Management

SEPTEMBER 14, 2021

Across the country, prices for food are reaching all-time highs as inflation picks up and COVID-19 restrictions loosen, driving more consumers to resume dining, shopping and traveling. producer prices for processed poultry in May hit a record high. producer prices for processed poultry in May hit a record high.

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Synergy Suite

DECEMBER 19, 2023

Understanding the variables enables the identification of areas for improvement in staff training, service delivery, and operational processes. Menu and Pricing Your menu and pricing strategy play a significant role in determining SPMH. A well-thought-out pricing strategy can encourage customers to order more and boost SPMH.

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Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

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Modern Restaurant Management

JANUARY 13, 2020

Specifically, restaurant operators will want to look at data insights from their POS system, customer transactions, and payroll to identify 2020 goals. New employee training. Pricing events for happy hours and special occasions. Third-party delivery service integration with the restaurant’s POS system.

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MBB Hospitality

NOVEMBER 15, 2023

It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. This granular approach helps in making informed decisions about menu design, portion sizes, and pricing, ensuring that each dish contributes positively to your bottom line.

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Synergy Suite

DECEMBER 7, 2023

Revenue per seat represents the average income generated for each occupied seat within a specified timeframe, offering a nuanced perspective on customer spending patterns and the effectiveness of pricing strategies. It helps you identify trends, measure the impact of pricing changes, and assess the success of marketing initiatives.

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Lithos POS

JUNE 7, 2023

POS (Point of Sale) systems date back to the early 1970s when the first electronic cash registers were introduced. The POS system has made so many changes in the restaurant and retail industry. In the early 2000s, the Internet became widely used, and this led to the popularity of cloud-based POS systems.

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The Restaurant Times

SEPTEMBER 9, 2020

However, it does bring a multitude of benefits and simpler ways to run business operations being offered in a new POS system. This article discusses the challenges of POS migration and how foodservice operators in Saudi Arabia can easily migrate data from legacy restaurant management software without hassles. .

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Service that Sells

AUGUST 8, 2022

What’s In It” for you to invest in restaurant sales training ? How’d you like to see that number added to your gross sales this year and every year without raising prices or doing any advertising? Train, teach, coach and counsel your order-takers to be salespeople daily. Restaurant Training to Increase Server Tips.

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Synergy Suite

FEBRUARY 21, 2023

Selecting the right point of sale (POS) system is a crucial decision for restaurant owners and operators. The ideal POS system should align with the unique requirements of your restaurant business, ensuring seamless operations, enhanced customer experiences, and efficient management.

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eZee Absolute

JANUARY 12, 2023

In this article, we’ll take a closer look at the benefits of using a PMS and POS system from the same hotel tech supplier, and how it can help you succeed in the competitive world of hospitality. Advantages of Using PMS and POS From a Single Vendor. Training and support. Training and support. Time and cost.

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MBB Hospitality

MARCH 30, 2020

There are statistics available that track food prices over time , which will tell you whether fruit or veal is predicted to increase or decrease in price in the coming months. These stats should be a tool in your arsenal when you price your items. You can use fruits that are in season and take advantage of low prices.

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Modern Restaurant Management

APRIL 27, 2023

Numerous online ordering systems are especially well positioned to bring AI to scale in the restaurant industry as these systems hold data on menus, promotions, loyalty, customers, website, integrations into social media and POS.

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Synergy Suite

MAY 16, 2023

Inventory management software provides features to manage vendor information, track vendor performance, and compare prices from different suppliers. Integrations with POS System One important factor to consider is the integration capability of the inventory software with your Point of Sale (POS) system.

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The Restaurant Times

MARCH 10, 2022

Menu & Pricing . The menu can also change seasonally to reflect the fresh produce or any change in the pricing strategy. The pricing must be decided so that it earns revenue and meets the expectations of the customer. . Hiring, Onboarding & Training. Conflict Resolution .

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NCC USA

JUNE 28, 2023

A point of sale (POS) system is an essential tool for businesses of all sizes. In this blog, we will walk you through the key features of a POS terminal and how to use it to streamline and grow your business. Adding new products from your office or the POS terminal should be a breeze.

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7 Shifts

JULY 13, 2023

Think: POS system integrations, tracking and reporting capabilities, and separation from personal employee accounts. Table of Contents Efficiency Accuracy Security Cost Recordkeeping Training Trust & Transparency 1. Cost There's two things to consider with pricing: upfront versus hidden costs.

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The Restaurant Times

MARCH 6, 2023

This data should be easily accessible from your restaurant’s point-of-sale (POS) system. Their menu prices also tend to be higher than those of other restaurant types because they have higher labor, overhead, and operational costs than other businesses.

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Hotelogix

OCTOBER 18, 2023

One such innovation is the Hotel POS (Point of Sale) system, a robust solution that has revolutionized how you manage your services, transactions, and overall guest satisfaction.    👉At its core, a hotel POS system digitizes and automates many previously manual, paper-based, or disjointed processes.

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NCC USA

MARCH 31, 2023

Your point of sale system (POS) is a vital piece of equipment for your business. But in addition to being a vital part of your checkout process, your POS system is a data center that, when utilized to generate POS reports, can be the most powerful resource for making business decisions.

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Lithos POS

FEBRUARY 6, 2023

Hence it is of utmost importance for restaurants to prioritize customer experience in all aspects of their operations, from menu design to service quality, from atmosphere and ambiance to staff training. Faster Service: With a POS system, customers can be served faster and more efficiently. Collect customer data.

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7 Shifts

SEPTEMBER 16, 2021

If you're managing multiple locations of the same concept, you'll benefit from having a universal approach to hiring, training, suppliers, technology, and the overall guest experience. Standardized training across all of your locations unifies all employees to work within the guidelines you've created. POS System.

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The Restaurant Times

NOVEMBER 17, 2021

As a restaurant owner, you have complete control over your restaurant’s online ordering and pickup/delivery experience, including the menu, price, and delivery area. POS System . A Point Of Sale system is the best way to take online orders and also keep track of them. Source: AMgrade.

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OpenTable

OCTOBER 20, 2023

Visit other restaurants in the area to understand their pricing and see what they’re doing well and what can be improved upon. Of course, none of the above matters if your pricing isn’t spot-on. Ever notice how some menus list prices as ’10’ instead of ‘$10.00’? Training is non-negotiable.

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Modern Restaurant Management

DECEMBER 21, 2023

Noteworthy among these solutions were the widespread embrace of contactless payments, the growing popularity of mobile ordering platforms, and the integration of sophisticated point-of-sale (POS) systems. As we look ahead to 2024, these technological advancements are poised to become even more ingrained in the restaurant ecosystem.

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7 Shifts

AUGUST 2, 2023

Make sure to consider these key factors from both the administrative and employee perspective: Pricing: Consider whether the platform charges a flat fee (monthly or annual), a percentage of tips, or a combination of both. For example, 7shifts' Tip Payouts is particularly helpful due to its integration with Tip Pooling and POS systems.

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Synergy Suite

JUNE 27, 2023

By analyzing inventory usage, costs, and trends, restaurant owners and managers can identify areas of improvement, optimize menu pricing, and forecast demand. Integration with POS systems allows for automatic data syncing, enabling real-time reporting on sales trends, menu performance, and customer ordering patterns.

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Lithos POS

MAY 10, 2023

To meet your business operations you need to invest in the right smart POS system. A smart POS system helps you to manage and simplify your business operations. A smart POS system like LithosPOS can integrate your various business operations together and allows you to manage everything in one software.

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The Restaurant Times

OCTOBER 5, 2020

Negotiate better prices with suppliers. Pricing and designing the menu the right way will help in cutting down the food costs marginally. Several factors must be taken into consideration during menu pricing, such as direct costs, indirect costs, volatile costs, etc. . Similarly, you can train your staff to multi-task.

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Synergy Suite

APRIL 12, 2024

Here are a few of the top factors that affect profit margins: food costs, pricing strategies, menu offerings, table turnover, foot traffic (which can be improved through marketing campaigns), staff turnover, customer satisfaction, and operational efficiency. Another effective strategy is to train your staff effectively.

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7 Shifts

JANUARY 23, 2020

Spend time researching low rent prices with good location. Plan out your labor costs (costs associated with staffing) by researching average wages in your area, suggested training costs, and any benefits you’ll provide. Training before opening. Use a pos system and 7shifts scheduling. Jimmy Koklas, Mistwood Golf.

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The Restaurant Times

MARCH 15, 2021

Update the menu prices, according to inflation spikes. Create a restaurant business plan and refer to the POS reports to identify which operational areas are contributing to substantial losses. Are the menu items well priced? Take into account the changing food costs and inflation rates and modify the prices accordingly.

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The Restaurant Times

NOVEMBER 15, 2021

Introducing a better POS system, staff training programs, or even completely rethinking their services are examples of strategies to achieve this balance. Train your employees on how to properly handle curbside orders and take payment. Avoid fragile things that can break or melt during transport.

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The Restaurant Times

DECEMBER 20, 2021

Further, the bar staff should be trained well to delight the customers. Host “Happy Hours” to entice customers through value-priced drinks. Invest In A Robust POS system. Typically, the customers expect short waiting times and tend to avoid places with lousy payment systems. Promote The Bar.

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Synergy Suite

MARCH 14, 2023

Training and Support Evaluate the level of training and support provided by the reservation system provider. Look for systems that offer comprehensive training materials, video tutorials, and responsive customer support to assist you and your staff in quickly adopting and utilizing the system effectively.

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Synergy Suite

JULY 11, 2023

From ensuring that payroll is processed correctly and on-time, that all employee files are in order, and that new employees are onboarded and trained properly on an ongoing basis, the HR team has a lot to manage. Learn More About Restaurant Technology Solutions Restaurant Point of Sale Systems What is a Restaurant POS System?

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