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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. Learn how SynergySuite can save you time and money on your inventory management by scheduling a demo today.

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Labor Cost Percentage for Restaurants: The Ins and Outs

Synergy Suite

When you’re looking for a good labor cost percentage, lower is better. If for example your labor cost percentage is 50%, things probably aren’t going too well financially. Track labor costs as a percentage of revenue. Efficient staff scheduling and management can help optimize this metric.

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Understanding automation in the hospitality industry

Les Roches

These innovations in hotels range from processes that handle reservations and check-ins to implementing effective marketing strategies, for example, smartphone notifications informing guests about room availability. Examples of such best practice include: Using integrated reservation systems to streamline bookings.