Remove L&D Remove POS Systems Remove Supply Chain
article thumbnail

Ultimate Guide To Restaurant Cost Of Goods Sold (COGS) in 2024

7 Shifts

As you monitor this metric, like in your restaurant P&L statement , you can spot potential issues, like rising ingredient costs or inefficiencies in your kitchen, allowing you to take action before they eat into your profits. The remaining 70% can cover other expenses like labor, rent, and marketing, with the rest contributing to profit.

article thumbnail

New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

The funding comes four months after SpotOn's Series D and increases its valuation from $1.875 to $3.15 Omnivore has released a set of free features designed to unlock the potential of restaurants’ point of sale (POS) systems and bring choice and flexibility to the technologies restaurants choose to simplify third-party delivery.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Takeout For Good and Menus Go Tech

Modern Restaurant Management

TableSafe’s technology integrates directly with the POS, allowing the check to be reviewed, paid, processed, closed-out, and an email receipt provided away from the POS system. L-Guard System. This accessory line ensures hygienic protection throughout the beverage dispensing experience. "With

L&D 176
article thumbnail

White Castle Flips for Flippy and Burma Bites

Modern Restaurant Management

In March of 2020, faced with a statewide executive order to shut down dine-in operations, supply chain shortages, and safety concerns for their staff, the Cookseys made the hard decision to close Krazy Hog BBQ. Frederick “Freddy” L. Frederick 'Freddy' Simon Dies.

Catering 143
article thumbnail

Gift a Plate and Ambient Restaurant Sounds Playlist

Modern Restaurant Management

“This pandemic has shed light on how technology can be used to quickly adapt core services within the food industry like delivery, fulfillment, and supply chains," said Lior Susan, Founder and Managing Partner at Eclipse. This investment brings the company's total funding to $66 million since it was founded in 2015.