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How Predictive Analytics Can Help Suppliers Overcome Fluctuations in Demand

Modern Restaurant Management

Traditional forecasting and procurement strategies are no longer enough to keep pace with today’s unpredictable supply chain. If the hypothetical six, now-closed restaurants’ information is still in your database, it will skew your demand history and result in unreliable forecasting.

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My One Piece of Advice For The Restaurant Industry

Modern Restaurant Management

But when you think about it, where would you get that information from? Technology can be the crutch you lean on to make those smarter, more informed business decisions. You can unlock the power of your restaurant data with the help of solutions such as procurement and supply chain technology. The unknown is always scary.

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Best Practices for Surviving in a Cautious Landscape

Modern Restaurant Management

. "Guests want to know what items are included in each dish, where the products come from, and other information like allergens. Restaurants should be able to provide this information to anyone placing orders or reading a menu.

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What Can I Do to Reduce My Restaurant Supply and Labor Costs?

Modern Restaurant Management

When you’re short on time and resources, technology can help you automate on and off-premise processes, navigate increased costs, and make more informed business decisions. Leveraging industry knowledge and expertise allows you to take your business to the next level and make more informed operational decisions.

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Clermont Hotel Group introduces instant booking platform

Boutique Hotel News

The online platform by MeetingPackage provides customers with price information and the live availability of meeting room spaces across Clermont Hotel Group’s London portfolio. With this decision Clermont Hotels can be booked, online, instantly and with zero duplication of information across direct and indirect marketplaces.”

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Serving Up Protection: Navigating Liquor Liability in the Restaurant Industry

Modern Restaurant Management

The Challenges of Procuring Liquor Liability Insurance The inherent risks associated with selling alcohol make obtaining the right insurance coverage both essential and expensive. It is vital for businesses to stay informed about legislative changes and ensure compliance with relevant regulations.

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Sales, revenue, procurement: Three cornerstones of a thriving hotel business

Hotel Owner

That said, improvements in three key areas of sales, revenue, and procurement, can often be a driver for positive change and profitability. Procurement – Strategic sourcing for enhanced profitability Savvy financial management is a key driver of sustainable success at any hotel, venue, or hospitality setting.