With supply chain upsets and customer unpredictability, restaurant inventory management has become a daunting task. When a restaurant tries to order items, such as proteins, produce, or seafood, for example twice a week, the prices fluctuate so much that the restaurant inventory managers tend to just give up trying to
While spreadsheets and notebooks are helpful, they make for a tedious, time-consuming process that’s prone to errors. Automating the food costing process with specialized software is the way to go. It simplifies the overly complicated process to offer deep insights that lower your overheads and maximize profits. Dig in to
While the catering industry is on the mend, it’s essential that you ready and steady your business for the coming year. Pundits predict a surging demand in consumption in 2022 but also shrinking corporate pool as most people work from home. Here are some bulletproof ways to streamline operations in
Besides the labor shortages, restaurants are grappling with a massive product shortage occasioned by a global supply chain interruption. The pandemic may have exposed the soft underbelly of the worldwide shipping industry. And the supply chain issues are expected to spill over into 2022 and beyond. Dig in as we
In a bid to counteract these negative effects in the restaurant industry, the government established various regulations to ensure the safe operation of the restaurant industry. Although these regulations are ever-changing, there are several ways that restaurant owners and stakeholders can continue to run a successful restaurant business. It is
Partnering with a GPO can help you get competitive pricing on supplies for your restaurant such that its profitability increases and its purchasing process becomes more streamlined. Knowing that you are getting the best prices with minimal time and effort will enable you to channel your energy into other facets
While you can’t plan for everything, you can anticipate how COVID and government regulations in response to it will affect your business and simultaneously plan your business’s future during and hopefully after the pandemic. It is no secret that the COVID-19 pandemic has wreaked havoc on the economy, but the
If you are not familiar with GPOs, you may be wondering what they are and how they can benefit restaurant owners. If your restaurant is currently not part of a GPO, keep reading to learn about just a few of the benefits joining one could provide you with. As any
A restaurant’s order history is a “treasure island”. There are a lot of potential savings opportunities that can be found there, but without procurement, there is no map. Procurement is the strategic combination of Sourcing and Purchasing intended to ensure that the buyer compares Quality, Quantity, Time, and Location for
There are a few variations of this, but the saying goes something like this. “You don’t choose your passions; your passions choose you”. How I came to manage category costs for food, beverages, and supplies. My first job in hospitality came through a friend who was a line cook at
