Upcoming Events & Tradeshows
Wedgewood Weddings offers customized wedding and special event packages in 37 venues across the country. Since the company was founded in 1986, Wedgewood Weddings has earned its name for managing premier special events with all-inclusive packages and a stress-free customer experience.
At Restaurant Magic we are very proud of our commitment to customers and our team’s ability to actively solve any challenge that is put in front of them. We traditionally create case studies to demonstrate these values, but recently received an email from one of our long-standing clients that we felt could speak for itself. We applaud Mike Constanza, Kevin Rood, and the rest of our team members. We also thank Dave Diamond at TooJay’s Deli for taking time to recognize our team!
Military Deli And Bakery Services, Inc. (MDBS) is a subcontractor to the Defense Commissary Agency that supplies deli and bakery goods in over 100 commissaries across the United States. Their locations are spread across the nation and include remote locations such as Alaska, Hawaii, and North Dakota. The specialized aspects of working with the Defense Commissary Agency means that MDBS’ business doesn’t fit an average mold.
Cousins Submarines, or Cousins Subs, is a Menomonee Falls, WI based sandwich shop with 95 locations in Wisconsin. Their back-office management system needed an overhaul to improve inventory management and reporting. Cousins Subs pride themselves on using local and regional suppliers, which means that vendor and inventory management can get complicated.
October 1-3 :: FSTEC (Orlando, FL) - FSTEC is attended by 1,000 of the most progressive restaurant executives and has been the center for CIOs, CMOs and other top executives to meet and discuss ways to innovate and accelerate their businesses.
October 7-9 :: Fast Casual Summit (Seattle, WA) - This exclusive event is reserved for top-level restaurant executives — leaders and innovators of the fast casual industry. They bring together an experienced group of restaurant professionals whose common interests and concerns are brought to the table for open discussion in a fun and relaxing environment.
October 15 - 18 :: PAR BRINK Software Users Group (Dallas, TX) - he conference style event will talk about the transformation of the cloud and the importance of IoT. Attendees will hear from top executives, industry leaders, and the PAR team about disruptions, revolution, market trends, conscious capitalism and more.
November 12-14 :: Restaurant Finance & Development Conference (Las Vegas, NV) - The Restaurant Finance & Development Conference is all about the “business” side of the restaurant business and is a must attend event for restaurant company owners and executives. The conference is known as the restaurant “dealmakers” event and you will find the best networking in the industry.
From ghost restaurants to Augmented Reality, the restaurant industry is pushing boundaries to incorporate technology at a fast pace. These changes improve efficiency, reduce costs, and increase the restaurant’s profit margins. Stay ahead of the game with a look at this year’s most exciting technology trends.
Big data is transforming the way we live and work, and the restaurant industry is no exception. Restaurants have embraced big data—data too complex to be processed by traditional software— to uncover market trends and customer preferences. From curbing food waste to tailoring customer menus, this data is altering the way the restaurant industry operates.
Opening any business has some level of risk, and franchises are no exception. Restaurant franchises have strong brand recognition among their customer base which may insulate them against the ups and downs of the industry. That doesn’t mean there is room for complacency. Better management of franchise operations can increase profit margins and provide the right support system for success.
As restaurant operators navigate the challenges in the market, rising labor costs continue eating away at the industry’s already low profit margins. Learning how to manage these costs more effectively is now more imperative than ever. Restaurant owners and managers must be creative and innovative if they want to maximize their labor potential and minimize this this expense. To stay ahead of the curve they will need to embrace organizational change, new technology, and other opportunities that are brought by the changing workforce. Here are 5 creative ways to minimize labor costs in the food industry:
Inventory is one of the greatest assets in a restaurant and must be managed effectively for managers to maximize profit margins. When you’re busy handling the day to day operations of the business, like staff management, customer service management, and cost controls, it’s not easy finding the time to reevaluate processes that have been in place for a while. Nonetheless, it’s vital that you prioritize some time to evaluate areas that are more vulnerable to errors. Here are 4 common inventory mistakes many restaurant managers make:
Deciding to implement new technology in your restaurant is exciting. It can lead to higher profit margins, happier customers, and more productive employees. The key to helping your company adopt it successfully lies in how you implement. It’s just as, if not more, important than your decision to upgrade. Consider using some of our top tips below to help your next technology implementation project go smoother.
Labor retention continues to be a significant challenge in the food service industry. Restaurants experience annual turnover rates that are greater than any other sector, sometimes exceeding 70%! When the employee turnover rate is high, the costs of hiring and training new employees can really cut into potential profits. With increases in costs, labor competition, and minimum wage rates, it’s becoming even more important to focus on retaining the right employees.
Labor scheduling is often one of the largest time commitments of store managers in the restaurant industry. Labor is also one of the biggest expenses for restaurants, and so optimization of labor management can make a big impact on the bottom line. It can be challenging to manage so many moving parts, but smart solutions are on the rise. With labor management and scheduling software, the system can take care of a lot of pain points save time, money, and hassle.
The new year brings new changes to minimum wage laws and regulations. For a restaurant owner or manager, these changes can have big impacts on your labor and payroll management. Make sure you are up to speed on the new laws so that you can effectively manage your workforce. This is also a great time to ensure that your technology systems are staying up to date with a changing regulatory environment.