These days, it’s all about the data. And November’s most-read restaurant stories on Hospitality Technology reflected that.
5. 2020 POS Software Trends Report: Unlocking Agility
This annual report features new exclusive HT research and insights from restaurant operators and vendors. No wonder it is on the most-read list for the second month in a row. This must-read report is chock-full of insights from restaurants. Did you know: The majority of restaurants (65%) plan to expand upon feature sets of current POS software in 2020? Plus, HT reached out to POS vendors to get their take on trends, a recap of 2019 intros and new features and products planned for the coming year. If you haven’t already, bookmark this article now.
4. A Restaurant Accounting Innovation Roadmap: Best Practices to Optimize the Back-Office
You can save a lot of time by learning from other’s mistakes, ahem, experience. This recap of the Restaurant365 Innovation Council features lessons learned by Luke’s Lobster, World Famous Fare, World Ranch BBQ. If you’re looking to optimize BOH operations, this is a must read.
3. What’s the Big Data?: The Food + Labor = Profitability Equation
Sifting through disparate streams of data will not provide a holistic view of the enterprise and can result in data blind spots. Take for example food and labor, the two biggest costs centers for restaurants.
This article details how Miller’s Ale House significantly reduced its food waste and supply costs and lowered inventory, and how The Briad Group, known for its Zinburger Wine & Burger Bars, was able to reduce food cost variance, leveraging an Actual vs. Theoretical food cost variance report.
2. Easterbrook Out as McDonald’s CEO
Steve Easterbrook, former CEO of McDonald’s and a huge proponent for investing in restaurant tech, was fired for violating company policy involving a recent consensual relationship with an employee. Chris Kempczinski, most recently President, McDonald's USA, was named President and CEO.
1. Aggregators Aren’t Stealing Our Data, Says Papa John’s CEO
Who owns the data? Restaurant brand or third-party delivery marketplace? Or both? In November’s most read story, Papa John’s CEO weighs in on this hot topic.
