Evaluation of Menu Costing, Pricing, and Design for Food & Beverage Restaurant
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This report evaluates the menu of a food & beverage restaurant based on costing, pricing, and design factors. It also analyzes cost considerations and sustainable menu planning considerations.
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Food&Beverage Operation Management
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Table of Contents INTRODUCTION..........................................................................................................................1 LO5.................................................................................................................................................1 Evaluation of menu of chosen restaurant on the basis of costing, pricing and design factor.....1 Analysing cost considerations when planning and creating menus for food&beverage outlets.2 LO3.................................................................................................................................................2 Identify and analyse sustainable menu planning considerations.................................................2 CONCLUSION................................................................................................................................3 REFERENCES................................................................................................................................4
INTRODUCTION Menu is a document which hold the information about the food&beverage provider about their offerings or products. The menu is one of the communication tool which is used by the hotel, cafe, restaurant or other foods service renderer(Chen and Voigt, 2020). Menu is also effective tool of marketing in which can be used by FOOD FACINATION for marketing their offerings in public. This report is based on FOOD FACINATION which is new restaurant opening with English services. The assignment covers a menu evaluation of a established restaurant, on the basis of their cost, price and design. Analysis of cost and sustainable considerations while planning and creating menus for FOOD FACINATION. LO5 Evaluation of menu of chosen restaurant on the basis of costing, pricing and design factor CORE by Clare Smyth is the first restaurant opened by the female chef Clare Smyth and holds three Michelin stars. The restaurant is located in UK and most recommended to the people who are looking for best quality and tasty food. Kelly Waldron is evaluating the menu of CORE by Clare Smyth for developing effective menu for FOOD FACINATION. The evaluation is based on the basis of three constraints cost, price and design(Long, Looijen and Blok, 2018). CORE by Clare Smyth has three menu one is Ă la carte menu and other two are of Prix Fixe type in which they serve core classic and core season dishes. Both these menu types are similar as the prices of each item are fixed, the guest have multiple food&beverage options available to them from which they can make their preferred choices. The menu is developed with standard prices and menu options.1.Costing-CORE by Clare Smyth is a restaurant offering food&beverages by Prix Fixe menu and Ă la carte menu. The costing of these types of menu is very low, because no expensive back covers or any other extra accessories are needed to make the menu look more attractive. Also, the restaurant is well known with their requirements and cost they willincurforservingtoeachtableandaccordinglyforecasttheirinventoryand production needs(Sardar, 2019).2.Pricing-CORE by Clare Smyth is a mid range restaurant which is targeting the middle and upper class families and individuals of the society. Therefore, price of the menu is accordingly set and are affordable. The menu type is Ă la carte andPrix Fixe which 1
implies that customer on each table has to pay the same amount for the food and services of the restaurant(Purwar, 2018). 3.Design-The design of Prix Fixe menu andĂ la carte menu are simple and attractive. Their attractiveness is underneath their simplicity, the menu design of CORE by Clare Smyth is also very simple and eye catching. It attracts the attention of guests and put excellent first impression. Analysing cost considerations when planning and creating menus for food&beverage outlets The cost element is the most efficient and effective feature which is considered by the restaurants and other hos service providers while planning and designing their menus(Nam, Kim and Carnie, 2018). The cost constraint is evaluated before because accordingly restaurant make their arrangement for their present and future operations. These cost constraints are evaluated by Kelly Waldron for developing menu for FOOD FACINATION. 1.Numberoffooditems-Thefirstfactorwhichisconsideredisthenumberof food&beverage items which are served by the restaurant. The number of items is related to the cost because the restaurant has top be prepared with all the raw material supplies for serving what the customers need and orders. 2.Seasonality factor-The seasonality factor is considered because there are varied seasons and in every particular season few special food products are available but few are not as the season is not best for their production. Therefore, in time of off season the restaurant has to make arrangements and store the raw material or procure it in higher cost. This is why seasonality factor is considered while looking at cost constraints(Oluwafemi and Okon, 2018). LO3 Identify and analyse sustainable menu planning considerations Sustainable menu planning is the idea which shows the selection of food and menu items in order to serve in a event or a conference. The selection of food and beverage can have huge impacts on the environment and reduces waste. This is basically a option which is open to hospitality service provider in order to seek sustainable options and areas of work. 1.Certified organic food-Organic farming and practices reduces pollution as the crops are grown with natural resources rather than using any chemical fertilizers and pesticides. 2
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The organic crop is not genetically engineered and the animals eats only organically feed. This helps in keeping the environment clean, reducing soil pollution and enhances the productivity. This option can be used by FOOD FACINATION, as it can the restaurant in having competitive advantage and keeping its steps in market strongly and firmly (Onputtha, Makerd and Rojanapanich, 2018). 2.Sustainable coffee and tea-The tea and coffee are developed and grown through socially and environmentally responsible environment and with responsible economic practices. The sustainably prepared coffee and tea are mixed efforst of the harvesters, the suppliers and the buyer. As they harvest the farmers harvest the crop with responsible means, the supply chain included is of social, environmental and economical means which are sustainable as well. CONCLUSION The report concludes and taps into number of segments while planning, creating and developing menus. The new hospitality service provider needs to enter the market and develop their menu with consideration of number of factors. The most influential one are cost and sustainability. The menu of a restaurant is evaluated on the basis of their cost, pricing and designs. All these factors enables and assist in developing an appropriate menu for the restaurant. 3
REFERENCES Books and Journals Chen, X. and Voigt, T., 2020. Implementation of the Manufacturing Execution System in the Food and Beverage Industry.Journal of Food Engineering, p.109932. Long, T.B., Looijen, A. and Blok, V., 2018. Critical success factors for the transition to business models for sustainability in the food and beverage industry in the Netherlands.Journal of cleaner production.175.pp.82-95. Nam, K.W., Kim, B.Y. and Carnie, B.W., 2018. Service open innovation; Design elements for the food and beverage service business.Journal of Open Innovation: Technology, Market, and Complexity.4(4). p.53. Oluwafemi, O.J. and Okon, S.E., 2018. The nexus between total quality management, job satisfaction and employee work engagement in the food and beverage multinational company in Nigeria.Organisations and Markets in Emerging Economies.9(2). pp.251- 271. Onputtha, S., Makerd, P. and Rojanapanich, P., 2018. The Effect of Green Supply Chain Management on Environmental Performance in Food and Beverage Firms in Bangkok and Metropolitan Area, Thailand. Purwar, A., 2018. Customer experience management in Food and Beverage outlet at Indian School of Business: Methodology and recommendations. Sardar, F., 2019. Production and Operation Management of Tasan food and Beverage. Shaheen, O., Morsy, M. and Gomaa, K., 2018. Factors Affecting Employees’ Productivity in Food and Beverage Department in Mercure Hotels Chain in Egypt.International Journal of Heritage, Tourism and Hospitality.12(1). pp.67-81. Wood, R.C., 2018.Strategic questions in food and beverage management. Routledge. Yang, C.Y. and Yang, C.H., 2019. The Impact of Sustainable Environmental Management in the Food and Beverage Industry on Customer Loyalty: A View of Brand Attitude.Ekoloji Dergisi, (107). 4