As a restaurant operator, you’re always looking for areas to save in – whether it’s time or money. One way you can save is through food cost savings.
Your food costs play a significant role in your success because they make a direct impact on your profitability.
Let’s look at some ways you can leverage in food cost savings:
Taking the time to analyze and optimize your menu can lead to increased profitability.
Restaurants can optimize their menu in many ways. Identifying the most profitable dishes, remove or modify the least profitable ones, and strategically price your menu items to maximize revenue.
Accurate tracking of inventory can help your restaurant reduce food waste and avoid overstocking, which can lead to spoilage.
You should always keep track of your inventory and a great way to do this is by utilizing our inventory management technology through Back Office.
Smart Purchasing Decisions
As a Dining Alliance member, you can leverage partnerships with suppliers and savings on everyday products for your operation.
With 165,000 line items across 350+ manufacturers, you can take advantage of exclusive discounts, rebates, and deviations and negotiate with suppliers to get the best deals.
You should always train your staff to minimize waste like using every part of an ingredient or recycling to help reduce food costs.
Take matters into your own hands and repurpose leftovers. Use imperfect produce, compost organic waste, and donate excess food to charities, if applicable in your state.
With the help of Back Office technology, you can also reduce food waste by accurately tracking inventory, costing out recipes, and managing your food costs.
Controlling the size of your plate portions can help your restaurant reduce waste. This results in significant cost savings over time.
With recipe costing through Back Office, you can build out recipes directly through the technology and accurately price your plates. As a result, this enables you to make the best use of your product because you can control your portion sizes.
Food cost savings are just one of the many areas you can save in. By implementing these strategies, you can improve your bottom and operate more efficiently.
Join Dining Alliance to leverage technology and savings you won’t find anywhere else!