Remove Cost Reduction Remove Procurement Remove Training
article thumbnail

Understanding automation in the hospitality industry

Les Roches

Let’s explore one such systematic method for implementing automation, from identifying potential areas and selecting suitable technology to employee training. Train employees on new technologies After identifying where and what to automate comes perhaps the most critical stage – readying your workforce for the incoming changes.

article thumbnail

Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Restaurateurs keen on financial sustainability must scrutinize and strategize utility expenses, seeking energy-efficient solutions, adopting technology to monitor consumption, and implementing practices that contribute to both cost reduction and environmental responsibility.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inventory Management Software: Definition, Benefits, and What to Look For

Synergy Suite

Cost Reduction and Waste Prevention By having better visibility into inventory levels and usage patterns, restaurants can identify opportunities to reduce waste and control costs. Integration with purchasing systems ensures smooth coordination between inventory control and procurement processes.

article thumbnail

Inventory Turnover Ratio for Restaurants: Maximizing Inventory Efficiency

Synergy Suite

Strategic procurement practices, such as negotiating favorable terms, bulk purchasing , and securing competitive prices, can positively impact inventory turnover ratio by minimizing the overall cost of goods sold (COGS). Conduct regular training sessions to ensure that your team is well-versed in inventory management best practices.