HTF 201 Chapter Notes - Chapter 9: American Hotel & Lodging Educational Institute, Fairmont Royal York, American Express
25 May 2017
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The point-of-sales system that the library bar in the fairmont royal york uses is. Micros offers a range of software, hardware and related services along with rapidly growing cloud solutions to manage hotels, food & beverage facilities, and retailers (oracle and. Avero is the food cost management solution that takes all the data from micros and analyzes it to produce trends and marketing mixes. The quantified reports provide the restaurant with information that allows them to make decisions regarding business revenue and assist in red flagging and controlling of products. Avero allows companies to reduce ordering time, take automatic inventory and eliminate waste, and predict exactly what should be ordered and when (avero, 2017). Revenue is the total income taken in through sales of the goods and services, and cost measures the business" total expenditures in order to run the business (writer, 2011). Avero are both used to manage cost and revenue control at the library bar, however, the.
