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Viable Restaurant Strategies for Handling the Third-Party Paradox

Modern Restaurant Management

Marginal cost reductions are meaningful, but for restaurants that are trigger-shy when it comes to bigger, more comprehensive solutions, there has to be a multi-faceted approach. Many successful solutions are being implemented. Here are three things restaurants can do: 1. The critical factor, operators should know, is scalability.

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Restaurant POS Systems and Inventory Management Software

LimeTray

Fill out the form and download the full case study here. Cost Reduction and Profit Maximization Integrating a restaurant POS system with inventory management helps reduce overstocking and waste, leading to significant cost savings and higher profitability.

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The Modern Revenue Manager: 7 Keys to Success

Revenue Hub

Many of these sustainability efforts provide cost reduction benefits as well. For instance, incorporating sensor-controlled lighting and climate systems can reduce energy costs and yield long-term savings. Read more articles from Amadeus The post The Modern Revenue Manager: 7 Keys to Success appeared first on Revenue Hub.

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How to Drastically Cut Expenses in Your Restaurant (and Stay Profitable During COVID-19)

7 Shifts

Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today. Have certain costs been reduced? The work of cost restaurant cost reduction is never complete, but when you can learn from what works and what doesn’t you will get better at it over time.

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Scientific Proof of Smoking Removes Ambiguity for Hoteliers

NV Hotels

Each smoking alert is also sent with a downloadable report including a timestamped chart of the incident data and the guest room number. Hotels rely on the evidence provided by smoking alerts for fee collection, operational efficiency, and cost reduction.

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

The science behind cultured meat production is relatively well-established; the main challenges are to do with cost reduction and scale up.Both require significant investment into equipment, such as high efficiency, large scale bioreactors, and process engineering, so companies will be keen to secure additional funding.

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