Pricing Procurement Supply Chain Training 
Synergy Suite
JANUARY 21, 2023
In this article, we’ll discuss all the major questions surrounding food safety training for restaurant employees, so you can have a proper and complete food safety training program in your food business. What is Food Safety Training? Why is Food Safety Training Important?
Synergy Suite
DECEMBER 28, 2023
Supplier Selection: Choosing vendors based on factors like price, quality, and reliability. A streamlined purchasing cycle is the backbone of a well-functioning supply chain, ensuring that an organization acquires the necessary goods and services in a timely, cost-effective, and organized manner.
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Hotel Owner
JUNE 30, 2023
However, attracting, training, and retaining talent can pose operational challenges. High turnover rates and labour shortages are common; with turnover in the sector nearing 6%, this leads to increased recruitment and training costs.
Synergy Suite
OCTOBER 12, 2023
Analyze the gross profit margin to understand how efficiently you’re managing costs and pricing your menu items. Gross profit is a critical indicator of the core profitability of a restaurant’s menu items, reflecting how efficiently it manages costs and pricing.
The Restaurant Times
JULY 20, 2020
Moreover, calculating inventory metrics is also necessary to execute critical measures such as optimizing the food costs, bringing changes in the menu, optimizing supply chain management, etc., This metric helps in determining if the menu items have been priced correctly or the food cost is high. . Food Cost Percentage.
Synergy Suite
DECEMBER 14, 2023
This ratio serves as a key performance indicator, guiding restaurants in optimizing their supply chain and maintaining a healthy financial equilibrium. Continuously assess your suppliers based on factors such as reliability, quality, and pricing. Proper product rotation can prevent wastage due to expired or spoiled ingredients.
Synergy Suite
NOVEMBER 30, 2023
They serve as a compass, guiding decisions on pricing strategies, menu development, and staffing levels, ultimately influencing the delicate balance between offering high-quality cuisine and ensuring the establishment’s profitability. Kitchen Supplies: Utensils, cookware, and small appliances used in food preparation.
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