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Paige Hanna

What's important with accounting software for restaurants - 0 views

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    It has always been said that restaurants are a hard business in the hospitality industry to manage. There are many factors that can adversely and favorably affect the progress of the restaurant including and especially accounting. This article discusses what it is a manager should look for when choosing accounting software. Moreover it specifically highlights what factors this software affects. Menu items are something that will be efficiently priced if a good accounting system is in place. Pricing is crucial to the profit margin of a restaurant because it should accurately show costs and ensure that a business at least reaches breakeven. If this is not done correctly restaurants may find themselves spending more than they should be rather than making economical sense in their purchases and pricing. An accounting system can also assist restaurants in keeping track of vendor prices. By cross-referencing the known price of purchases from current vendors up against other vendors in the market, a restaurant can search around for the best prices and maximize their profits decreasing cost. Good accounting software will also prevent bad business by alerting a restaurant when inventory is low. You should never completely run out of supplies will a good accounting system that allows you to track this information. Tell me, have you ever been to Pollo Tropical and they ran out of chicken? How annoying would that be? Lastly the article speaks about knowing where most of the profit comes from. Once again, good accounting software will ultimately keep any manager on top of his game and help him decipher what areas are doing well and can report this efficiently and make decisions based off of this. Agreeing with my belief in the discussion earlier this week, accounting has a trickle down effect on everything within the restaurant and ultimately will have an effect on the profit.
ramomar4

New Year, New Challenges: 4 Changes Impacting Restaurants in 2017 - 0 views

  • In 2017, menus will continue to evolve - as they must! Taking advantage of industry trends while they’re hot is a great way to show your guests that your brand is current. Restaurants that can satisfy that need will excel in the new year. Another popular trend in 2017 will be meal kits. People will not only want an exceptional dining experience, they will want to be a part of it. Restaurants can take advantage of this by offering cooking classes and whole meal replacement packages of their own. 
  • Too many restaurant owners and chefs still think they know it all when it comes to guest wants. Their menus are a reflection of this. We often throw around the term “chef driven,” but for too many, the words “chef driven” should really be replaced with “ego driven.” Perhaps in 2017, restaurants should be more “guest driven.” When you are reworking your menu to be more efficient and to satisfy the cravings of the current market, make sure that you use the data from your restaurant POS system. This is a gold mine of information if you tap into it, decipher the data, and apply it to future menu design. Your product mix report will tell you exactly where your guests are spending their money. If you’re smart, you’ll drop the high food cost egocentric items and create more profitable guest desirable ones. 
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    POS can assist restaurant owners and managers adapt to current trends and find their best selling dishes as well as the least popular and change their menus.
Minghui Zheng

2011 POS Innovations: Mobility on the March | Top Stories | | Hospitality Magazine (HT) - 0 views

  • Another new POS vendor, eTab, debuted its table-side ordering and payment solution this past May at the National Restaurant Association Show in Chicago. The solution allows restaurant and bar patrons to order and pay for meals at their table through a digital menu interface on a portable touch-screen computer, wirelessly connecting each table to the restaurant’s wait staff and existing POS system. 
  • Earlier this year at the International Restaurants & Foodservice Show of New York, Squirrel Systems announced the launch of the latest addition to the Squirrel Mobility suite of products, Squirrel Professional for Apple mobile devices. Squirrel Professional allows restaurants, bars, and hotels to manage their food and beverage operations from stationary terminals as well as mobile tablets and handhelds like the iPad, iPhone, and iPod touch.
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    The hospitality industry began to develop the mobile point-of-sale (POS) technology. Technology vendors brought POS capabilities to consumers' own devices. Hospitality Technology has scanned many of the latest releases in point-of-sale technology to help restaurants keep up-to-date on mobile solutions. For example, Tabbedout, a secure mobile payment solution, allows patrons to open, view and pay their tabs, for free, with an iPhone or Android smartphone. Another example is Micros Makes Memorable Menus. An interactive restaurant menu and marketing portal built for the Apple iPad that enables restaurants to showcase upcoming events, programs, food and beverage menus, and daily specials; as well as to facilitate tabletop ordering and payment processing.
Qike Chu

New telecommunications technologies for the restaurant and foodservice industry - 1 views

  • The Automated Attendant is incredibly versatile, allowing callers to be answered by different greetings depending on the situation. If it’s after hours, your customers could hear something like, “Sorry, our restaurant is closed, but, if you leave a message we will get back to you shortly,” or if it’s during peak times, “Sorry, we are very busy attending at the moment but please leave a message at the tone.” If someone does happen to leave a message, the system can send a copy of the voice mail message out as a WAV file to your handheld.
  • Simply put, the Automated Attendant, voice mail to email, line appearances, paging, and portable phones will all make it easier to answer the call, book the next reservation, and run your business.
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    Telecommunication is a kind of trasmission and information. In old times, smoke signal or colorful flags were used as telecommunications. Nowadays, telecommunication involves use of electrical devices such like telephones and videos.  I think there are lots of people among us working in restaurant right now. So I want to ask a question: Does it frequently happen  that the phone rings when you are crazy with customers' orders? I am always struggling in such crazy situation which leads me to bad working mood. In this article, it mentioned telecommunication method that help servers in restaurant handle with phone calls in rush hours. Instead of voice message, Automated Attendant will send voice messages directly to managers' emails, which means not have to pick up the phone to hear voice mails. It really makes sense because sometimes servers even have no time to listen to the voice mails in phones, which will let restaurant miss some important dinner reservations. So as a server in restaurant, I do think telecommunication is helpful and significant.
Jeremy Fairley

Macaroni Grill rolls out interactive mentoring system | Nation's Restaurant News - 1 views

  • The initiative involves automated analysis of point-of-sale-system data to determine, among other things, where servers perform below their same-restaurant peers in different sales metrics, such as number of appetizers or desserts sold nightly, the companies said.
  • The mentoring system also represents “an opportunity to enhance guest service,” according to Brandon Coleman III, Mac Acquisition LLC chief marketing officer.
  • Coleman said the mentoring program’s comparative analysis of wait-staff members on a restaurant-by-restaurant basis, as opposed to using chainwide norms for such comparisons, improves the accuracy of its findings and staff buy in. That’s the case, he indicated, because chainwide performance norms might not reflect the very real impact on sales and menu mix at specific restaurants of such factors as location, climate and regional consumer dining preferences.
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    Romano's Macaroni Grill is rolling out to all 181 company restaurants a system that helps servers boost sales and guest satisfaction by combining data analysis with personalized coaching. Read more: http://nrn.com/article/macaroni-grill%E2%80%99s-interactive-mentoring-system-helps-boost-sales?ad=news#ixzz1lGb0JfiS
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    Great article on how the Macaroni Grill Chain implemented an interactive mentoring system to boost performance and sales of wait staff based on automated analysis of information from the point of sale system. This data was used in small part to determine the areas in which server performance showed room for improvement. This data was measured against other restaraunt peers in various sales metrics as a point of comparison. The program also involved follow-up where staff trainers communicate with restaurant managers to report program results. Think this is a great way to show hard data in the system to further improve levels of service, as well as a great on-going sales training tool. The article did not say which point of sale system the chain uses.
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    I really like this system cause it makes the management so effective. By using this system, manager will recieve information about the areas in which each server has room for improvement weekly which may help managers to figure out the potential problems in their management.
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    It is a so smart system that makes it easy to analyze and control the operation of restaurant. I think it helps manager save a lot of time and costs due to automated analysis of point-of-sale-system data and comparison with others! What a wonderful system!
Cecilia Lucas

Mobile POS usage growing among restaurants | Nation's Restaurant News - 1 views

  • I think this will become a reality in fast food in the next two to three years. It will be tied to the success of mobile wallet technologies
  • anywhere in hospitality where speed of the transaction is critical and cash is a big part of the process today
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    Technology researcher, Greg Buzek is interviewed by Nation's Restaurant News about the future of Mobile POS among restaurants. He says that Mobile POS will be the fatsest penetration of any technology in the hospitality industry since the introduction of internet connectivity. We see that the fastest growing market for this technology are the smaller bussinesses such as food trucks and fast food restaurants where the speed of the transaction is critical, but eventually will find itself popular amongst larger restaurant chains. The appeal for smaller bussinesses is the price point, since it's cheaper than installing $2000.00 traditional POS.
Te Gu

Apple iPad Restaurant Menus: The New Way to Order Food [Video] - 1 views

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    As the world develops, more and more restaurants use e-menu to order food. Ipad, the fashion of technology also attract restaurants eyes. Some owners invest into Ipad menu in order to attract more customers and make more gross profit. Also, many owners are worry about security risks, maintenance, education, and so on. Here are some advantages of ipad menu such as paperless, electronic receipts, tips, categorized menu, suggestions, reports, inventory, speedy orders and picking a plate. Because of eliminating print, there are no more receipts or written signatures. It is the reason of paperless. And customers can quickly calculate their waitress tips on the ipad. Also, the guests can use the ipad to design their own meal. If guests have some questions about the wine according to the food preference, Ipad menu will answer it. Another reason is the ipad menu should increase the speedy orders. The orders will transfer to kitchen in seconds and save the time for waiting the waitress to order the food. At the same time, if the restaurant is busy, guests will play some games on Ipad to wait for their food, which instead of complains. At last, because of saving time and labor cost, the restaurant should be save cost and easy to collect data of the restaurant. There are still some disadvantages. For example, every customer wants an individual iPad as their own menu, so restaurants must purchase numerous iPads with one per seat. Because of this reason, the restaurant should be care for the thefts. And the managers need to train every waitress to use the ipad menu. The expense should increase in training.Also, some guests do not know how to use ipad menu and the technology is not suit for them. At last, you need to pay more in maintenance.
Jia Kim

The InterContinental® Hotels & Resorts Brand is the Nation's First Certified ... - 0 views

  • all of its IHG® corporate-managed restaurants in the United States and Canada become Certified Green Restaurants
  • The company is focused on making a positive difference by creating more sustainable hotels and communities
  • IHG Green Engage® program, which is an online sustainability platform that is used by more than 2,500 IHG-branded hotels worldwide, and allows properties to chart their progress toward energy, waste and water efficiency.
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  • energy, water, waste, food, packaging, chemicals, and building materials.
  • IHG's commitment to environmental sustainability
  • All of the InterContinental hotels" 26 Certified Green Restaurants have met the GRA's certification standards by earning at least 100 GreenPoints™ in the categories of food, water, waste, energy, chemicals, and disposables
  • Additionally, each Certified Green Restaurant has eliminated use of polystyrene foam, (aka StyroFoam™), and has implemented a full-scale recycling program.
  • demonstrated that hotel restaurants really can divert 95 percent of their waste from landfills, conserve energy and water, and use more sustainable food,"
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    All of the restaurants operated by IHG(InterContineal Hotels Group)in U.S. and Canada become a certified green restaurant. There are criteria such as energy, water, waste, food, packaging, chemicals, and building materials to meet the standard. This is very impressive that huge brand hotel have demonstrated sustainable strategy to contribute on environmental sustainability. The InterContinental hotel groups made outstanding accomplishments by representing that 95%of waste could be diverted away from landfill.
yoyohad

The Robots Are The Chefs In This Japanese Restaurant | Singularity Hub - 0 views

  • ou can see other customers in the restaurant as they experience the restaurant in their own way – some mesmerized by the robots, others focused on their food and seemingly oblivious to the fact that the robots are even there.  Its an awesome scene.
  • The robots are fully autonomous, taking a customer order and cooking it from start to finish.  This includes boiling the noodles, pouring broth, adding spices and toppings, and so on.  The orders are complex too, requiring the robots to take customer preference for amount and type of sauce, salt, noodle, and so on.   The finished product is handed off to a human server who brings the food to the customer’s table.  The irony could not be more real as we witness the lowly human in the role of a mere server while the robot takes on the cooking.
  • The restaurant, called FA-men (pronounced Fu-a-men) based in Nagoya, Japan, takes its name from the phrase “Fully Automated raMEN” says Ni-Lab.  Not content to simply sit around when there are no orders to cook, the robots can be seen doing tricks and even performing pretend combat with a sword (knife) and a shield (plate) in homage to Manzai, a  style of stand-up comedy in Japan.  If you know Japanese, or are just curious, you can check out FA-men’s website.
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    Here we are, this post make the unattended POS a child's toy in the hospitality industry, look at the robot chef! The customers come into this restaurant to enjoy their meal, and suddenly they realize that their food are prepared by robots! from boiling the water, choose the customer's sauce according to the order... one thing I know, is that they will probably never mess up the order. The dish then is hand over to the HUMAN server to bring to the table. When is the last time you hear about this word? A HUMAN server? I think that in the near future, we can walk into a restaurant and find out that there is no HUMAN server, or HUMAN cook, or ever HUMAN manager. But the customers are still HUMAN though.
kteme001

Restaurant POS System Benefits - How POS Systems Help - 0 views

  • The restaurant business is highly competitive, and one of the keys to success in the industry is customer service.
  • But if you limit your restaurant to cash only payments you are routinely turning away customers from your doors,
  • The answer to the problem is simple. The introduction of a POS system with simplified credit card payment can dramatically boost daily sales in both full service and quick service establishments.
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  • Open the Door to More Customers:
  • A restaurant that sticks to a cash only concept is cutting themselves off from a potential increase in traffic.
  • With the addition of the necessary software, your POS system can also be set up to accommodate a variety of digital payment platforms such as Apple Pay, Bitcoin, and PayPal.
  • Quicker Processing of Payments: T
  • It’s important to be able to cash out customers quickly and efficiently,
  • More Accurate Payment Processing:
  • eliminating potentially costly mistakes and misunderstandings that are so common to handwritten tickets.
  • Splitting Tickets:
  • Hand splitting a ticket, especially for larger parties, can take valuable time away from other customers.
  • With a restaurant POS system, splitting checks is quick and easy
  • Prevent Order Errors:
  • Bad handwriting, unfamiliar abbreviations, and messy tickets can lead to unnecessary errors in the kitchen, resulting in mistakes on the line and delays in service
  • Track Inventory:
  • Restaurant specific POS systems allow for the real time tracking of inventory, with the dedicated software recording the projected usage of all ingredients as each order comes in and is prepared by the kitchen.
  • Whether it’s a casual dining establishment or a corner cafe, we can deliver the POS system you need to increase traffic, enhance your customer service, and boost your bottom line.
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    The article talks about how restaurants can use a POS system and reviews the pros and cons of whether a system like this is beneficial to an establishment. It states that customer service plays a huge role in the success of a business and having a well operational POS system aids in the success of the customer service offered. One example of being more successful is to be sure you can accommodate as many customers as possible… so offering the payment option of just cash limits your projected revenue whereas accepting credit cards broadens your horizon as a business owner. Saving on merchant fees may be hurting income all together. This article goes over the benefits of a POS system and how it can improve daily sales. These benefits include a quicker processing of payments, more accurate payments, splitting orders, opening the door to more customers, preventing errors and tracking inventory. All of these things assist in the accuracy and smooth running of an establishment.
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    Hello, This article is very insightful with regards to how a POS system can become beneficial. Indeed, customer service plays a major role on the business and having a well-positioned POS system. Therefore, as a hotel or a restaurant needs to focus on service, a POS system can complement this objective. Being able to accommodate as many clients as possible through great customer service and organization can be obtained through a POS system. Additionally, I think this system helps maximize time and optimize processes. I'm sure a wide array of companies are appealed to this, it is a matter of finding which type of POS system would be most suitable for them.
acarter001

E-Commerce Strategies to Drive Restaurant Biz | News | Hospitality Magazine (HT) - 1 views

  • Fortunately, new technology lets restaurants adopt some of ecommerce’s best practices. From an IT perspective, this requires four key elements:   A system to close the loop at the guest level on promotional offers. It’s not enough to have a POS discount key for “Father’s Day promo” anymore. You need to know which dad (or mom!) responded to that offer, what they bought, and who they brought in with them.   The ability (either directly or through your credit card processor) to access payment data in order to identify individual guests when they return. This data set is essential – it’s the lifeblood of ecommerce. Fortunately, the ecommerce players have pioneered safe, secure ways to get at data without compromising PCI safeguards.   A guest-centric data warehouse to store all the key data sets — check level POS data, payment data, marketing data, loyalty program data if available, reservations, online ordering, guest responses, and third party data such as Prizm or Mosaic.   An analytics layer. The requirements here go way beyond static or standardized reporting. Marketing needs to be able to cut data in an ever-changing variety of ways to identify key patterns and segments.   Marketing, in turn, must partner with IT on determining goals. What is the restaurant trying to accomplish and what can be left out? Take joint meetings with IT to look at vendors to help give a sense of what’s possible. But then let IT do their job. Next, build the business case. Moving to a data driven marketing strategy will require shifting budget from other media, or finding new budget dollars. Determine appropriate metrics and the desired payoff. Setting up high level, high visibility “report cards” is critical. For example, “Our 2015 goal is to grow the annual spend of our top three customer groups by 4%, thereby delivering $17.5M of incremental sales.” That will get the CFO’s attention and the goal is doable. Finally, design and execute the marketing plan. That will likely require a trained data and analytics expert, and/or a close partnership with a company that analyzes data 24/7. Either way, it’s important to not over-reach in the beginning. Year one is about becoming familiar with the data, drawing insights, and learning a new language—segments, deciles, annual spend, customer acquisition costs, and lifetime value. The good news is there is usually a great deal of quick wins, such as offer optimization.     Introducing data-driven marketing may seem like a daunting task, but the ability to predictably drive sales should incent even the most cautious. The benefits of bringing an early mover are huge. These restaurants will have more data to work with two to three years out. More data, gathered over a longer period of time, becomes its own competitive advantage. Just ask Amazon.
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    This article speaks to advances which allow restaurants to participate in a better form of ecommerce. Restaurants have always had trouble capturing their guests fully as most guests are in and rewards guests do not provide much detail that is usable. It is possible to gather the information required to properly target guests and encourage them to return with incentives that make sense for them.
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    With all this data available, how do restaurants sort through it all to find out what is truly useful. Deciphering all this information is time consuming, and expensive. As the amount of data we are able to collect increases, so does the need to efficiently interpret and use that data.
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    Many larger restaurant chains already do this, but not to the degree that hotels do. It would be something that would be very expensive for smaller restaurants to do, but might be a great opportunity to drive sales for large chains.
mirandajaye

What Decision Makers Need to Know About the Tech Takeover in Fast-Food Restaurants - My... - 0 views

  • he fast-food industry might see a major overhaul with robots and digital kiosks
  • Additionally, a decreased interest in obtaining a job in a fast-food restaurant, particularly serving, is a contributing factor to the current industry crisis
  • because of the high turnover rate.
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  • Some restaurants are implementing kiosks in order to save money on other costs as the average cost of a fast-food meal increases, which is achieved by investing in automated services, and cutting back on employees
  • just because there is more technology usage in fast-food restaurants doesn’t mean it will fully take over. In fact, he says that technology and humans can work together to make a restaurant more profitable.
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    This article states that one of the main reasons for digital kiosks in fast food places is because of a high turnover rate. A lot of fast food places are getting less applications and a higher turnover because of the low wages they offer and little room to grow. Some have no choice but to start using these because of the lack of employees. The article states that restaurants are also starting to use this type of technology to save money on other costs they may need to put forth money towards. But some do think this doesn't mean technology will take over. Some even believe it is a way we can work together as one to make more money for the restaurants we may work in.
allisonweets

Tablets replacing paper menus in restaurants - a long-term trend or too problematic? | ... - 0 views

  • This trend is in market from mid-2011 onwards (use-case discussions started as soon as the first iPad was released in 2010) and its gaining momentum now.
  • Customers will be able to browse the food menu and place their order which eventually gets posted in the kitchen display console. That’s the core functionality.
  • Customize:
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  • Visualize:
  • Engage (and Earn):
  • Ability for restaurants to do focused campaigns and cross-selling to customer by knowing the customer buying pattern, interests, wishlist.
  • Ability for restaurant owners to do predictive analysis on the number of guests to expect and what food items (also quantity) they are likely to order.
  • Credit card security.
  • High capex.
  • Breakage.
  • Extensive use of technology everywhere.
  • Risk of replacing human with techno-machine.
  • Theft of the tablet.
  • The transactions and customer data (from tablet) should be integrated to the existing restaurant systems like POS, CRM, Analytics software etc which attracts additional cost and time.
  • tablet-based menus are a good change in the restaurant industry. But, replacing the entire waiter crew with only tablets is going to haunt the restaurant. We predict that a mix of both is going to work in the restaurant industry.
  • Restaurants need to take a calculated (risky) call to adopt this trend by considering the ROI and all merits and demerits the technology attracts.
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    For several years, tablets/eMenus have been rising in popularity within dining establishments as a way to increase efficiency and revenue for the establishment. Customers are able to view the menu in it's entirety along with pictures of each item, allowing the customer to view exactly what they are ordering. This could potentially decrease the amount of orders sent back to the kitchen and decrease food waste, thus minimizing loss of revenue. Although this developing technology has many advantages, there are a few disadvantages that management must consider before implementing these systems. Credit card security, risk of replacing wait staff/jobs, and potential theft of the system being a few.
anonymous

Restaurants in 2021: Technology and Hospitality Search for Balance | QSR magazine - 0 views

  • And the end result is going to benefit guests, which opens opportunity for restaurants
  • At the intersection of much of this conversation is technology. Roughly half of full-service, fast casual, and coffee and snack operators, said they devoted more resources to tech during COVID, including online or in-app ordering, mobile payment, and delivery management, according to the National Restaurant Association’s 2021 State of the Restaurant Industry Report.
  • Percentage of restaurant operators who say they devoted more resources to customer-facing technology since the beginning of the outbreak in March
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  • Despite tech’s position in convenient, contactless ordering, so key in today’s environment, the Association pointed out, customers miss personal service. Given the choice of ordering from a server or ordering from their phone or a tablet at the table, most want the server.
  • Up next is the server versus tablet dilemma. Given a choice, most consumers prefer table service when they’re dining in a restaurant, the Association said.
  • Only one in five said the option of ordering and paying through a tablet or smartphone at the table would influence their restaurant choice
  • For example, the burger brand is deploying a “server partner” in tandem with waitstaff. Now, with handheld technology in tow, servers can spend more time roaming dining rooms and less on side tasks, like ringing up orders and delivering food. The server inputs orders at the table as they come in.
  • Among guests who plan to dine-in in a restaurant or fast-food venue in the next few months, 64 percent said they’d choose to sit in a section with traditional table service. This preference was strongest with older diners, with nearly 69 percent of Baby Boomers and 67 percent of Gen Xers saying they’d go for the section with traditional service.
  • Tech was more of a draw with Gen Z—55 percent said they would choose to order and pay electronically from their table.
  • COVID, however, forced restaurants to start listening again
anonymous

Blasting the 'gastro ceiling' with financial literacy - 0 views

  • former World Bank executive
  • trustee of the James Beard Foundation and co-founded the JBF Women’s Leadership and the Women’s Entrepreneurship Leadership programs
  • The culinary “gastro ceiling” is especially appalling with less than 7% leading women executive chefs
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  • scholarships and more education will not make a dent in parity. It’s not a lack of entrepreneurial spirit either — according to the National Restaurant Association, 40% of restaurants are women-owned businesses, or WOB, and startups by women are growing much faster than the industry overall.
  • grim reality that 96% of WOB do not cross $1 million in revenue. Fewer than 8% seek external financing,
    • anonymous
       
      Despite leading the way in education and opportunities, women are not accessing enough financial backing to support larger businesses
  • less than 4% of Small Business Administration loan dollars, and less than 2% of venture capital dollars.
  • o raise external financing and be successful entrepreneurs, however, women have to vanquish three areas.
  • women increasingly develop discomfort with math
  • by women learning to pitch themselves
    • anonymous
       
      Step One: Build confidence by learning how to pitch, not apologizing, not phrasing comments as questions, and not letting others take credit for their work.
  • investing in public speaking and negotiations coaching.
    • anonymous
       
      One way to accomplish this
  • 67% of executive women are in support roles (HR, Marketing, IT, et al) as opposed to running their own line businesses
  • ulinary world, women abound in the softer side (pastry, baking, freelance, cold stations, personal chefs
  • own best advocate
  • Policy should also incentivize commercial lenders and venture capital/private equity to do the same with their loan dollars
  • bottom-up solution of livable minimum wages and parental-leave benefits
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    Despite women leading the way in scholarship and culinary education, they are suspiciously vacant at the top of the leadership ladder. According to Bloomberg, only about 7% of executive chefs are woman, and "67% of executive women are in support roles...as opposed to running their own line of business." This doesn't appear to be because of a lack of entrepreneurial spirt, as "405 of restaurants are women-owned businesses or WOB, and startups by women are growing much faster than the industry overall." This made me reflect on my own city, as I do see women in executive positions, such as Stephanie Izard, Sarah Grunenberg, and Mindy Segal, they all got to their positions in very different ways. Probably the most successful, with currently 7-8 restaurants, is Izard, she got her start by winning a reality tv show and then joining forces with two male business owners (BOKA). Grunenberg also started visa vi the reality TV route, and now eventually owns and runs a very successful restaurant downtown. Mindy Segal is the only woman executive in this group that has built her business, her cookbooks, her brand, and now her cannibis retail, mostly by herself. It is interesting to relate these women to this article because while they are all three incredibly successful, only one was able to pull herself there through the three points mentioned in this article. In order for women to break the glass ceiling in restaurants and culinary, they will need to accomplish three main goals: 1. Gain confidence, 2. Increase their aspirations, and 3. Learn and Maintain Financial literacy. The "grim reality (is) that 96% of WOB do not cross the $1 million in revenue...(and) fewer than 8% seek external financing. Women "receive less than 4% of Small Business Administration loan dollars and less than 2% of venture capital dollars. For confidence, this article recommends to women to learn how to advocate for yourself. Use coaches, practices public speaking, and learn how to pitch your business
davidclark33

Restaurant Customer Service And Technology: Chili's' Tableside (POS) And Mobile Approach - 0 views

  • It's a mistake to think that a waiter's job is primarily to deliver food. This is one of the primary lessons I get across in my customer service training sessions for restaurant waitstaff: that waiting tables is a multifaceted art form that includes providing guests with feelings of recognition, comfort, and anticipation, providing a bit of theater, and, sometimes, serving as couples counselor and family mediator. Getting food to the table is really the least of what’s involved.
  • And there lies perhaps the biggest danger when you’re considering a move toward installing tableside technology in a restaurant: losing these less obvious, but emotionally crucial, parts of the waiter role. Another danger is that the implementation will be off-brand and off-putting.  There is a 4-ish star steakhouse with locations in several U.S. cities (think: "Morton’s but regional") whose black-clad, iPad-based menu opens on Page One with cheesy Comic Sans electronic discount coupons and two-for-one offers.  Maybe this doesn’t put you off your feed, but it did me, and I doubt that I’m alone. Which means that all the effort the restaurant had put into properly costuming the waiters, gussying up the dining room, sending its sommelier on vineyard junkets, teaching the waiters how crumb down the white tablecloths (and buying all those silver table crumbers) went down the drain with that one, ridiculously off-brand, choice. Folks: Just because you can do it, doesn’t mean you should do it; before you deploy any tableside technology, make sure that every single part of the deployment fits your brand, or at least fits your brand as you want it to be perceived in the future.
  • Which brings me to Chili’s Grill and Bar, the ubiquitous casual dining chain. Chili’s, which pretty much defines the mainstream of chain restaurants (and is not a place that self-service couponing – free chips with your loyalty points! – will be off-brand), is quickly becoming a definitive mainstream example as well of tabletop point of sale (POS) technology and mobile self-service restaurant technology.
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  • Solomon: Is the human element getting lost?  Allen: Absolutely not! A key differentiator of casual dining is the personalized service model. Our technology innovation is not only a win for our guests, but also a win for our team members. With technology, we’re able to remove some of the mundane tasks of the server and allow them to make our guests feel special with a memorable dining experience. Furthermore, technology is completely optional and guests can choose to opt out if they wish. These tablets do not eliminate the personal service our guests receive from servers. In fact, these tablets have served as a good tool for our team members to help eliminate some transactional pain points, such as paying the bill or ordering dessert, and have helped our team members do their job more efficiently. This allows our team members to focus on the duties that make a personal impact on the dining experience, such as getting to know the table, taking entrée orders and delivering meals, among other duties.
  • Micah Solomon:  Can you bring me up to speed on how the Chili’s digital service came to be deployed, and how it’s going so far? Wade Allen, vice president of digital innovation and customer engagement, Chili’s Grill & Bar: We started our digital guest experience journey in Sept. 2013 as the first mover in the casual dining industry to bring tabletop technology to our restaurant tables. The goal was to remove common guest pain points around paying the bill and re-ordering drinks. We’ve seen rapid adoption with 75 percent of guests using the tablets to quickly pay their bill. Furthermore, we’ve been able to gather valuable insights through real-time feedback where 25 percent of guests use the tablets to complete the Chili’s survey at the end of their dining experience. This feedback allows us to make improvements on an individual restaurant level, as well as, provide proof points for national-scale decisions around our Fresh Tex and Fresh Mex menu favorites. Once we had the tablets in place, we took a different approach and launched a fully digital loyalty program, “My Chili’s Rewards,” in May 2015. The goal was easy access/participation for all guests. We also included unique elements around gamification to keep guests engaged. In six months, we went from no loyalty program to 4.2 million members. Furthermore, approximately 18 percent of transactions in restaurant are tied to loyalty members. We’re building on this for what we call “loyalty 2.0” with our latest partnership with the Plenti rewards program, as the newest partner to join representing the casual dining industry. This will allow guests to earn points at partner locations and redeem for their Chili’s favorites.
  • Solomon: What are the backup plans for when guests want human rather than kiosk service? Allen: Our model is based on personalized service to make guests feel special when dining with us. So, the personalized aspect will always be a part of what guests experience at Chili’s. The technology innovation is completely optional and guests can choose to opt out if they wish.
  •  
    This article is about Chili's success with their EMenu technology. The article was written in 2016 and includes an interview with Chili's VP of Digital Innovation and Customer Engagement. The EMenu has been a huge success for the chain and the interview touches on everything we discussed in class.
khadija2050

5 Key Steps to Managing Restaurant Theft and Fraud | QSR magazine - 0 views

  • Employee theft accounts for around 75 percent of restaurant losses
  • The National Restaurant Association estimates that employee theft accounts for around 75 percent of restaurant losses.
  • MonitorNumbers never lie. Find a way to track transactional data from your Point of Sale (POS) and Back-of-House (BOH) systems. Through ancient spreadsheet methods or with an external system that integrates data from all sources, you need to collect and monitor your data.
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  • With your data, pinpoint odd situations
  • This information should be flagged because it's potentially problematic.
  • MeasureTrack the incident for prevention and reference.
  • RouteOnce you have detected a possible incident, depending upon your position, whether it’s a restaurant manager, district or regional manager, inform the appropriate management.
  • Managing fraud is a continual process, and you need the tools to record events and the data to keep track of unresolved issues.
  • The solution should automatically route possible issues to the person most capable of investigating them. As they do the investigation, the system should allow them to record the resolution they feel is best for the situation. And the system should give you an up-to-the-minute account of where all the detected issues stand.
  • Numbers never lie. Find a way to track transactional data.
  • As a restaurant operator, you must realize that your employees may be behind your recent food and beverage losses or the POS manipulation scheme you can't seem to pinpoin
  • if you have a comprehensive loss management system in place, there is a higher chance theft will be deterred and detecte
  •  
    the article highlights major keys that managers should keep an eye on in order to identify theft fraud at restaurants
anonymous

The Best iPad Restaurant POS System Reviews of 2020 - business.com - 0 views

  • A restaurant POS system has three components: software, hardware and payment processor.
  • There are several options that have minimal startup costs so you can start with just the basics and then add features and peripherals as your business grows. 
  •  
    This article contains almost all the basic knowledge of iPad Restaurant POS system. For example, what is a restaurant POS system, the price of POS system, Restaurant iPad POS Features, benefits, how to choose, etc.
rosedelice

Looking at the future of restaurant technology - SmartBrief - 0 views

  • Of course, customer satisfaction is always a top priority, but labor challenges are the motivator for restaurants’ automation investment. Just two years ago, increasing sales was overwhelmingly the top reason that restaurants used automation. Though new technology expense is still a concern, current labor limitations have changed the math for many restaurants, likely leading to an ac
  • eleration of automation and technology, Datassential said.
  • As consumers grow accustomed to more technology and then reach the point they no longer want to live without it – the restaurant of tomorrow may very well resemble something that’s unrecognizable today. But those operators who push the envelope with new technology will see that consumers are more willing than perhaps ever before to come along for the ride. 
  •  
    Restaurants need to keep up with the latest technology otherwise they will not grow accordingly. Digital ordering and coordinated contactless delivery helped to keep both workers and consumers safe and allowed tech savvy food service operators to stay afloat. Even though the younger consumers are the most accepting and enthusiastic about restaurant automation. The older generation will follow sooner or later.
Manali Rabari

POS Hackers Sentenced for Multi-Million Dollar Payment Card Data Theft | News | Hospita... - 0 views

  • “The Subway case is a clear indication that privileged and administrative accounts are increasingly targeted and used by criminals to steal sensitive information,”
  • “In this case, the attackers were able to simply do an Internet search for remote desktop applications that were used by the restaurants, and through simple password cracking techniques, they were able to gain administrative access to the systems.  This enabled them to easily steal sensitive financial information from unsuspecting customers.”
  • Two Romanian nationals have plead guilty for participating in an international, multimillion-dollar scheme to remotely hack into and steal payment card data from hundreds of U.S. merchants’ computers, including a great number of Subway restaurants. Federal prosecutors noted that the conspiracies involved more than 146,000 compromised cards and more than $10 million in losses.
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  • Bosnian continues, “The reality is that anyone with an Internet connection can search for, identify and target  remote applications that businesses rely on – the problem facing the industry is that there is not sufficient security and protection around the entry points to these applications. Once inside, attackers have free reign on the network. If you examine the list of the recent, high-profile data breaches that have plagued organizations, including Global Payments, the U.S. Chamber of Commerce, the Utah healthcare breach, etc…, the common denominator is that the attackers focused on gaining access to the privileged or administrative accounts.” 
  •  
    According to the article, two Romanian nationals have plead guilty for participating in an international, multimillion-dollar scheme to remotely hack into and steal payment card data from hundreds of U.S. merchants' computers, including a great number of Subway restaurants. The reality is that anyone with an Internet connection can search for, identify and target remote applications that businesses rely on. This case is a warning to operators utilizing POS systems to shore up their security by taking steps to make their accounts more difficult to breach and therefore less attractive hackers.
  •  
    This article discusses the security issues with restaurants using remote desktop applications that are easily accessed by hackers trying to steal stored credit card information. The relative simplicity in which these hackers were able to steal the numbers should pose a real concern for restaurant owners in making sure their systems are properly secure from theft. They were able to crack simple password protected applications to gain access to private information. These remote applications used by restaurants are a not provided with enough security and therefore are easy targets for hackers.
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