Whether you run a cafe, own a coffee shop, or are in charge of stocking your company’s kitchen with break room snacks, you probably know that one of the biggest costs in any business is food. It is one of the areas where cost variance can be most damaging to your operation and your bottom line.
Team STO
Recent Posts
The Secret to Controlling Food Cost Variance and Increasing Revenue
Apr 20, 2023 9:01:35 AM / by Team STO posted in Hospitality Management Software, UK businesses, Restaurant Inventory Management, Restaurant management software
WHAT TO EXPECT FROM THE RESTAURANT INDUSTRY - CHANGES IN 2023
Apr 14, 2023 11:10:28 AM / by Team STO posted in restaurants, Restaurant Inventory Management, restaurant industry, Inventory, hospitality industry, restaurants/bars, Restaurant management software, control/management
The restaurant industry is constantly evolving, and 2023 is no exception. With technology advancing at a rapid pace and customer preferences shifting, restaurants need to be prepared for some major changes in the year ahead. Here are a few key changes to expect in the restaurant industry in 2023, and how they will impact restaurant management and inventory control.
What's next for Hospitality? Planning for 2023 with StockTake Online restaurant management software
Apr 12, 2023 10:32:29 AM / by Team STO posted in restaurants, hospitality, Hospitality Management Software, Restaurant Inventory Management, restaurant industry, Inventory, hospitality industry
As the hospitality industry continues to evolve, restaurants need to keep up with the latest technology to stay competitive. StockTake Online restaurant management software is here to help restaurateurs plan for 2023-2024 and beyond.
Why is social media necessary for the hospitality industry
Jan 19, 2023 11:01:03 AM / by Team STO posted in hospitality, Hospitality Management Software, Restaurant Inventory Management, hospitality industry, restaurants/bars
The hospitality industry has changed drastically over the past few years, and this change has affected the way restaurants/bars operate their businesses. The hospitality industry requires businesses to have social media presence if they wish to stay competitive in today’s marketplace.
Steps to Improve Your Restaurant Profit Margin
Jan 19, 2023 8:33:26 AM / by Team STO posted in restaurants, Hospitality Management Software, Restaurant Inventory Management, restaurant industry, COGS, Review Your Cost Of Goods Sold, Inventory, food inventory
Restaurant profit margins are something that every restaurant owner should pay close attention to, as they are one of the most important factors in deciding the success or failure of your restaurant.
HOSPITALITY PLANNING FOR THE YEAR 2023-24 (For Restaurants and Bars)
Jan 19, 2023 8:24:36 AM / by Team STO posted in restaurants, hospitality, procurement management software, Hospitality Management Software, procurement, Restaurant Inventory Management, food and beverages, food inventory
As hospitality venues look ahead to the new year and start to plan for 2023-24, one of the most important considerations should be inventory management. Having an efficient system in place to track and manage inventoryis essential for any successful hospitality business.