GS Systems has launched a guide revealing 10 ways to use technology to control rising costs in the hospitality sector.
Publication coincides with appearances at the London’s Restaurant Show and the ALMR Autumn Conference in Bath.
GS has published the report as costs in the sector have risen to just over half of turnover for the first time in four years, according to the Association of Licensed Multiple Retailers’ 7th Annual Benchmarking Report.
The ALMR reveals the hospitality sector is showing all the signs of a return to health after the recession and the fall in consumer confidence but warns about the increase in operating costs.
“Cost control is a critical determinant of business profitability,” said Kate Nicholls, the Strategic Affairs Director, Association of Licensed Multiple Retailers, speaking at the launch of the 7th Annual Benchmarking Report.
The GS guide highlights 10 ways technology can be used to get a grip on costs, including cash and stock controls, recipe management and automating manual processes.
“Restaurant operators can control their costs through the smart application of EPOS technology and business management solutions. If you have full visibility of what’s happening within your restaurant operation, you can monitor and manage far more effectively. EPOS-led technology properly configured and managed can give you that visibility,” said Niels Nielsen, GS Systems managing director.
Operators can download the free report by visiting www.gs-systems.co.uk.
October 4 2013
Issued on behalf of GS Systems, 119/121 Buxton Road, Stockport, Cheshire, SK2 6LR (www.gs-systems.co.uk).
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