Restaurant Revenue Management Workshop
Details
Participants will develop a strategic understanding of revenue management and learn how to apply revenue management to their restaurants and other food and beverage outlets.
- Necessary conditions and information for revenue management
- The five-step approach to implementing Restaurant Revenue Management
- Data collection to establish a baseline
- Process analysis and other tools to analyse systems
- Pricing and menu engineering
- Different strategies, different times
- Using IT effectively for operational analysis
Outline
- Introduction to Restaurant Revenue Management
- Basic Principles and Framework
- Applicability of RM to Restaurants
- 5-Step Approach to Applying RM to Restaurants
- Establish a baseline
- Understand causes
- Develop strategies
- Implement changes
- Monitor impact
- Menu Pricing Strategies
- Menu engineering
- Seat-Utilisation
- Process Analysis
- Operational variability analysis
- Demand & Supply Strategies
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
Speaker/s
Special Offer
Schedules
| Tue, Wed, Thu, Fri | 10:00 PM — |
| Tue, Wed, Thu, Fri | 10:00 AM — 04:00 PM |
| No. of Days: | 4 |
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.
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