CrunchTime Back Office Solution Offers New Capability to Optimize Your Product Mix for the Pandemic
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As many restaurants begin to bounce back from the COVID-19 pandemic, protecting profit has never been more vital. CrunchTime’s new Menu Engineering Analysis tool can optimize your product mix to ensure you're only selling the products your guests love and are profitable. Simply put, menu engineering is the science of designing a menu mix in a way that maximizes a restaurant's profits. Many restaurants that invest in menu engineering see profits jump by 10-15% or more. It all starts with the specific ingredients that go into making each product and their food cost percentages. Once the CrunchTime system determines your food costs, it then determines item popularity by gathering a count of each item sold in a given time period. With margin and transaction volume in hand, menu items are then plotted in a menu engineering matrix, categorizing items into one of four categories:
CrunchTime! ImpactDashboards to easily view all of your restaurant’s performance metrics, plus notifications and alerts. CrunchTime! CounterInput inventory counts quickly and easily with voice controls and built-in calculator. CrunchTime! TeamworXLabor management employee self-service portal. Designed to empower and keep the entire team on the same page with current shift schedules, time-off requests, shift swaps, and important communications. Armed with this data, you will be able to identify the highest and lowest product performers along with ones that have room for improvement. This will aid in the next steps of selecting the best items to delight your guests and maximize profit across all your locations. So, during this "new normal" time in the restaurant business, get strategic about your menu and keep those profits as high as you can. If you have more questions about menu engineering or food costing and would like to learn about how our customers are optimizing their menus with restaurant management software from CrunchTime, reach out to us. |
Product Information
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“We’ve been able to shave significant dollar amounts on inventory and labor costs.
Smarter decisions product-wise, inventory-wise, using ‘ideal hours’ we’re able to create tighter schedules and use less hours than we would have if we were just doing schedules manually. The resources that CrunchTime’s provided us have gone above and beyond.“
- Director, System Administration, Five Guys Burgers & Fries
- Director, System Administration, Five Guys Burgers & Fries
Product Information
What is the technology/solution type? Enterprise Cloud Restaurant Inventory & Labor Operations Solution What are the top 5 Most Innovative Features of this tool/application?
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Existing customers for this technology include: Quick Service Fast Casual Full-service Dining Entertainment Venues Foodservice Cruise Lines Quick Service Dunkin’ Zaxby’s Carl’s Jr. Fast Casual Jersey Mike’s Subs Five Guys Cava Full Service Dining P.F. Chang’s The Cheesecake Factory City Barbeque Entertainment AMC Theatres TopGolf Main Event Foodservice HMS Host SSP Travel Experts Texas Tech University Cruise Lines Carnival Princess Celebrity |
Additional Resources
Information Has To Be Fresh | CrunchTimeSince 1995 we've always had this basic principle in mind: "Just like food, information has to be fresh." |