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Optimizing Restaurant Operations with COGS-Well's Bill Lindsey: From Cost Management to Menu Engineering
Manage episode 495669386 series 3481871
A tartalmat a Restaurant Technology Guys Podcast, sponsored by Custom Business Solutions, Restaurant Technology Guys Podcast, and Sponsored by Custom Business Solutions biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Restaurant Technology Guys Podcast, sponsored by Custom Business Solutions, Restaurant Technology Guys Podcast, and Sponsored by Custom Business Solutions vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
In this episode of the Restaurant Technology Guides podcast, host Jeremy interviews industry veteran Bill Lindsey, founder of COGS-Well, a company specializing in cost of goods sold software for restaurants. Bill shares insights from his long career in the restaurant industry, which began in 1974 as a restaurant manager and evolved into developing restaurant management software. The discussion covers the basics of back office systems, the importance of managing cost of goods and labor, and strategies for improving profitability, such as menu engineering, waste reduction, and leveraging AI for inventory management. Bill also highlights the unique features and methodologies of COGS-Well, designed to set up inventory systems quickly and efficiently while maintaining high data quality through auditing teams. Additionally, the episode emphasizes the importance of partnering with vendors, leveraging rebates, and making data-driven decisions. For more information and a demo of COGS-Well's solutions, listeners are encouraged to visit their website and dedicated landing page.
00:00 Introduction and Welcome
00:25 Meet Bill Lindsey: Industry Veteran
01:44 Understanding Back Office Systems
03:16 Labor and Food Costs: A Balancing Act
07:09 Impact of Tariffs and Volatility on Food Costs
13:18 Strategies for Managing Costs
26:55 Boosting Sales with Desserts and Appetizers
28:06 Leveraging Rebate Programs for Extra Income
30:58 Reducing Waste with AI and Donations
35:38 Introduction to Cogswell's Unique Approach
37:00 Setting Up and Managing Inventory Efficiently
44:01 Optimizing Menu and Labor Costs
52:03 The Importance of Partnering and Data-Driven Decisions
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