So, you read our last article about, ‘What are Group Purchasing Organizations?’ and you probably thought, “how many restaurants actually use GPOs?” Well, the answer may surprise you. Nearly 40,000 independent restaurant operators are now affiliated with Group Purchasing Organizations (GPOs) and that number is only expected to grow. According to Dining Alliance, the use of GPOs is expected to rise because of the cost savings they provide to independent restaurant operators. Especially when you take into account the rising costs of food, supplies and utilities. For example, Dining Alliance saw a 67 percent increase in its operator membership from 2014-2016, up from 13,000 to 21,000, respectively. This enabled the company to save its members in excess of $19.8 million in 2016
Are you on the fence on whether or not to add GUEST ORDERING to your restaurant? Whether it’s a tablet at the table, a kiosk in the lobby, or a handheld that your servers use, we say GO. FOR. IT. But first, listen to Jeremy and Ryan discuss the 5 things to watch out for when implementing guest ordering! It could save you time and money down the road! Check it out!
Have you ever wondered how small, independent restaurants are able to buy state-of-the-art technology? Or, able to afford high-quality ingredients and materials? Ever thought they are all working together? Well, they are. And their partnership is called a group purchasing organization (GPO). A GPO is an organization that pools the buying power of its individual members to help get the best possible prices and quality on products and services. Some people might be familiar with the idea of group purchasing from the practices of insurance companies and wholesale retail operations like Costco. Both industries use group purchasing to get the highest quality goods and services while keeping costs as low as possible. The large national restaurant chains act as their
This podcast is going to cover how to help you focus on working on the brand instead of in the brand. How can you get markets ready to grow your brand by giving them the tools to be successful? Sometimes if you don’t manage the franchisees properly, things don’t go so well. Growing your brand and speed to market is about the process and the rollout, so your markets are ready to function. Today we’re going to cover how to deal with aligning the technology of process improvements, discussing the headaches of franchises and the benefits of leveraging technology across the board. These are the top six things to consider when it comes to setting up your franchise group with technology as you are
Today, we have a treat for our readers: our friend Ken Rhie, the CEO of Trumpia, wrote an article for us about managing your restaurant by using texting services. Enjoy! SMS marketing is an essential tool to stay competitive in the restaurant business. Text messages are open at a rate of 98%, a rate much higher than the 22% open rate of email messages sent to new or returning customers. When you want to engage your customers, sending text messages is the way to go. You want to engage your customers, drive business to your restaurant, and offer last minute deals that only those who subscribe to your text messaging campaign. Here are the top three ways you can increase business for your restaurant