The hospitality industry has always faced pressure on margins. But now the squeeze is really on. Brexit and a weaker pound, and the current Global impact of the COVID-19 Pandemic, mean imported food and beverage costs are rising, and limiting the availability of some supply chain lines.
Natasha’s Law: Effects On The Hospitality Industry
Natasha’s Law: Effects On The Hospitality Industry
Natasha’s Law (or the Food Information (Amendment) (England) Regulations 2019), which effectively has come into force at the start of October 2021, makes it a legal requirement for all food retailers and operators to display full ingredient and allergen labelling information on every food item they sell ‘pre-packed for direct sale’.
Fourth to Acquire PeopleMatter and Hiring Manager to Complement End-to-End Workforce Management and Operations Product Suite
Fourth to Acquire PeopleMatter and Hiring Manager to Complement End-to-End Workforce Management and Operations Product Suite
Together with Fourth, PeopleMatter’s vertically focused applicant tracking software allows restaurant, hospitality, and retail operators to seamlessly find and onboard hourly talent
Metrics matter. Understanding which ones you need to care about can have a big effect on your bottom line. It’s up to operational leadership to measure them, monitor them, and make them not only the focus of their annual initiatives – but to make those metrics important for restaurant managers too.
Automating Hospitality Inventory Management for Minimized Supply Costs
Automating Hospitality Inventory Management for Minimized Supply Costs
The industry is buzzing about automation these days. With labor costs expected to double and the consumer demand for a seamless checkout experience, the focus is on how to automate the front of house with kiosks and mobile payments.
Of UK hospitality workers, 68% feel that they require more information about allergens and almost a quarter don’t feel confident advising customers with allergies. Whilst amongst consumers, 89% believe staff need to be made more aware of allergies, with two thirds of them believing the issue was a matter of life or death.
Nando’s ANZ knew that they would need to update and modernize their back office technology if they were going to successfully move the business forward.
Suppliers in the hospitality industry have been adversely impacted by the pandemic, with reports of revenues of less than 10% of 2019 levels during the first lockdown.
Each time we interact with restaurant leaders and their management teams, we ask them what their biggest operational challenge is – and they always say labor.
Running a restaurant is one of the most rewarding jobs. It can also be one of the most challenging. Countless factors play a role in a restaurant’s success or failure. The most important deciding factor is profitability.