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Pizza is a passion; the taste, style, and even the shape.  As one of the most simple and popular foods, pizza has long been a global favorite.  With over 94% of Americans regularly consuming pizza, pizzerias represent over 17% of all restaurants.  

History

The history of the pizza varies, depending upon the definition of pizza.  When defined as a flat bread cooked in the oven, pizza originates back to ancient times in the middle east.  The ancient Babylonians, Israelites, and Egyptians all ate unleavened flat breads baked in mud ovens.

Pizza, defined as having toppings, dates to ancient Greeks and Romans.  Flat bread was topped with olive oil and local spices, today referred to as focaccia bread.

The most popular definition of a pizza, with tomato sauce, cheese, and toppings originated in Italy.  Raffaele Esposito, from Naples, is often the baker given credit for creating this first pizza.

After its introduction, pizza made its way to Spain, France, England, and the United States through Italian immigrants, only gaining popularity after World War II.


Variety

There is a large variety of pizza options available, from frozen pre-made pizza, homemade pizza mix, ready-to-eat grocery store pizza, food trucks and stands, restaurants, and pizzerias. 

The versatility of pizza allows for consumers to use almost anything as a topping or base.  Some of the most popular options range from a variety of cheeses, pepperoni, bacon, sausage, ham, mushrooms, peppers, tomatoes, olives, onions, pineapple, BBQ sauce, and pizza sauce.  Other, more uncommon options are lettuce, egg, garlic, zucchini, steak, broccoli, lobster, fruit, pesto, hummus, and white sauce.  While people tend to favor meat toppings, vegetables are becoming more popular as health-conscious consumers are increasing.  The dessert pizza is also growing in popularity.  Dessert pizzas integrate items such as nutella, chocolate, marshmallows, caramel, icing, brown sugar, cream cheese, and fruit.


Despite the obvious availability of pizza almost everywhere, there is a strong demand together with the evolving tastes of consumers that provide ample opportunity for entrepreneurs, especially to franchise.  Franchisees account for approximately 61% of the total pizza market.  Independent operator’s revenue was $14.9 billion in 2015 while franchise revenue was $23.5 billion.  


Everyone loves a good pizza.  Whether its gourmet, frozen, or one of the many other options, this global favorite will not be burning out anytime soon. 


Sources:

https://wonderopolis.org/wonder/who-invented-pizza
https://www.franchisehelp.com/industry-reports/pizza-industry-report/
https://www.huffingtonpost.com/2013/11/12/popular-pizza-toppings_n_4261085.html
http://www.encyclopedia.com/sports-and-everyday-life/food-and-drink/food-and-cooking/pizza

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Does your company need a new inventory management system? Common signs that suggest it’s time to make a change include the following:

1) Running Out of Inventory


If you are frequently running out of stock, you need a better way to track your inventory.  Under-ordering, a major contributor to this problem, stems from inventory systems that do not provide accurate data.  These inaccurate systems result in products being ordered inaccurately, causing shortages and surpluses.  Continuously running out of stock is an issue that should not be taken lightly.  It will lead to many missed opportunities to sell to your customers.  The right inventory management software will quickly show you an accurate representation of the type of products you have in inventory as well as how many of those products, keeping your stress level under control, purchasing orders carefully placed, and your customers happy.

 
2) Overstock Issues 

There are just as many costs and margin ramifications of having overstock situations as there are in running out of inventory.  A balanced approach to acquiring stock is crucial for a successful business and to ensure you are not overspending on filling your warehouse.  If those in charge of your purchasing do not have a proper inventory management system to rely on they will not purchase appropriate quantities of products.  Being overstocked may force you to sell products at a loss in order to clear your warehouse in preparation for new product arrival.  A good inventory management system will empower your business with the tools it needs to forecast the right levels of stock and utilize comprehensive sales forecasts.  It will pay your business dividends in the future.

 

3) Manual Counting is a Frequent Occurrence

Manually checking the accuracy of your inventory and auditing for potential discrepancies can be a useful exercise that should be done periodically but should certainly not be a frequent undertaking.  If you are solely relying on manual counts to gain an understanding of your inventory, it can become a very tiresome and time-consuming task.  You and your team are only human – mistakes are bound to happen.  The proper inventory management software will keep your manual inventory counts to a minimum and encourage a much more efficient and accurate tracking of your products.

4) Ongoing Questions About Quantities or Values


Not knowing the details of your company’s inventory is a sure sign of needing a new inventory management system.  If you have frequent questions about your quantities or values it means you do not have access to the level of reporting that you need.  With the appropriate inventory management software, you will have access to the right reports to enable you to make strategic decisions that impact your supply chain.  You should be able to quickly and easily see reports to show what you have now, what you have used, what you did with it, etc.

 

5) You Are Buried in Work

A good inventory management system gives you the ability to control and stay on top of all things inventory.  The benefits of having everything under one system are immense.  This means ease of access, less clutter, and more structure in your operations. It also means that almost every change in your inventory will be recorded and stored, drastically reducing any margin of error.

 

In conclusion, a good inventory management system takes care of your front end, back end, and everything in between.  It can introduce speed and energy into your business and increase current revenue and profit margins while providing new growth opportunities.

 

Fytics inventory management system will help you solve all the above problems!

Manual counting will be almost completely eliminated and inventory time reduced by up to 60%.  Average inventory accuracy levels are 98%, ensuring you always know what products you have in stock and how much of each.  By implementing Fytics’ system and having access to this essential information, you will be able to save up to 30% in food costs.


Sources:

https://www.calszone.com/2015/10/5-signs-you-need-better-inventory-management-software/
http://indianonlineseller.com/2016/01/5-signs-you-need-an-inventory-management-system/
https://www.jestais.com/11-signs-time-to-retire-inventory-management-software/
https://www.advantage.co.uk/blog/the-frontline/5-signs-your-business-needs-an-inventory-management-system/

 

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History

The history of the world-famous hamburger is certainly not transparent. Different stories are told from different areas around the world, all claiming to have formulated the world’s first burger.

In the 1880s, a man named Fletcher Davis is said to be the first to create the hamburger in Athens, Texas. The story describes Davis bringing his invention to the World’s Fair in St. Louis in 1904, where the invention took off and became an American icon.

In New Haven, Connecticut, Louis Lassen is said to have invented the hamburger in 1900. The Lassen family swears the invention of the hamburger is part of their family heritage. The Library of Congress agrees that Lassen invented the burger when he put scraps of ground between slices of bread for fast and easy eating.

The town of Seymour, Wisconsin, also claims to be the original home of the hamburger; their story seeming just as reasonable as the others.

In addition to these various invention theories, another issue is that large – scale spread of the burger occurred due to small vendors quickly coming and going at the World’s Fair. It is very possible that many different people developed the idea at overlapping times in different locations.

Although many claim to be the creator of the hamburger, there is little historical documentation, causing its creation destined to remain a historic debate.

Industry Demand

Despite not knowing who invented the hamburger, its popularity is high, and its sales are growing faster than the US economy. Revenues were an impressive $200 billion in 2015 – a considerable amount of growth since the 1970 revenue of $6 billion. The industry is expected to continue this forward motion, having an annual growth of over 2% for the next several years.

For the first time in five quarters, McDonald’s, Burger King, and Wendy’s recorded same-store sales increases of greater than 3 percent. The US GDP hasn’t produced an annual increase of 3 percent or greater in the last 10 years.

Globally, fast food generates revenue of over $570 billion – an amount greater than the economic value of most countries. There are over 200,000 fast food restaurants in the United States and nearly 50 million Americans are estimated to eat at one of them every single day. The market continues to be dominated by hamburger – based restaurants, accounting for over 30% of industry sales. These statistics provide great promise for the industry, now and in the future.

 

The Healthy Trend

Increased demand for organic and grass-fed beef, especially by millennials, has created a premium segment where restaurants are reaching out to those willing to pay more for better-tasting, healthier burgers. One expert reported that revenues for this “better burger” market could double to $10 billion by 2021, outpacing growth in regular burgers. Current sales at companies offering gourmet burgers, which typically use fresh meat and often include exotic ingredients, jumped 15% over 2014 to $5 billion. Even McDonald’s is considering fresh beef instead of frozen paddies for its burgers, testing its success in 14 of their Dallas restaurants.

This market segment offers ample room for growth. The most prominent gourmet burger stores such as Five Guys and Smashburger total fewer than 2,500 globally, compared with more than 50,000 outlets collectively operated by McDonald’s and Burger King.

 

The opportunities are available and thriving, the only obstacle to your burger success is yourself!  

 

Sources:

http://abcnews.go.com/WNT/story?id=2856336

https://www.franchisehelp.com/industry-reports/fast-food-industry-report/

http://www.businessinsider.com/burger-sales-are-slowing-2016-6

http://www.reuters.com/article/us-usa-beef-burgers/taste-for-gourmet-burgers-seen-heating-up-u-s-beef-demand-idUSKCN0YN5VJ

http://nypost.com/2017/08/09/fast-food-sales-are-growing-faster-than-us-economy/

https://www.cnbc.com/2017/07/05/beef-sales-heat-up-as-burgers-gain-popularity-and-prices-fall.html

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Fast food or quick service restaurants have been around for quite some time, probably even longer than you would expect! We all have our favourites, our go to’s on a ‘cheat day’, that one you just crave when you are hungover or too lazy to cook. Now this isn’t another blog post telling you about the benefits of going gluten free or what to or not to eat. Today we’re aiding in your procrastination bringing you some fun facts about QSRs or fast food restaurants and the industry.

1) The ever so popular White Castle (made even more popular by the film Harold and Kumar Go to White Castle) was founded all the way back in 1923 and is widely considered the first fast food restaurant.

2) KFC created a successful marketing campaign over 40 years ago, that resulted in the restaurant becoming a popular destination for Christmas dinner in Japan.

3) Approximately nine out of 10 American children visit a McDonald’s restaurant every month.

4) Today, Coca-Cola and PepsiCo products are sold in every country in the world, except North Korea.

5) Quick service restaurants in the United States waste an average of 85,063,390 pounds of food every single day. Canadians waste a staggering $31 billion in food every year.

6) McDonald’s is one of the largest owners of real estate in the world and it earns the majority of its profits from collecting rent, not from selling food.

7) In 1965, Fred De Luca and family friend Dr. Peter Buck started a restaurant called Pete’s Super Submarines. It later underwent a name change. Today, with just under 45,000 restaurants, Subway is considered the largest quick service restaurant chain in the world.

8) Television greatly expanded advertisers reach to reach children as a common goal of theirs is to develop brand loyalty early in life. Today the average American child sees more than 10,000 food advertisements each year on television alone.

9) McDonald’s is the largest employer in Brazil.

10) Harland Sanders who later became the famous Colonel Sanders once discovered a business rival, Matt Stewart, painting over one of his signs. Stewart pulled a gun and shot Saunders’ business associate killing him. Saunders shot Stewart but didn’t kill him. In the end only Stewart ended with a murder conviction. The history of quick service restaurants development throughout the world is truly incredible. Today thousands exist, when a century ago the industry was non existent. Take a look at our timeline that highlights the history of quick service restaurants throughout the last century.

To see our full scale infographic click HERE.
If you have any questions or would like to use our infographic, contact us through the email below! info@fytics.com

Sources:
https://www.factretriever.com/fast-food-facts
http://www.oola.com/restaurants/5402/17-interesting-facts-about-fastfood-chains-that-you-probably-didnt-know/ https://www.buzzfeed.com/awesomer/facts-food?utm_term=.nt045QVwok#.vyE5GmkRlo http://www.historyoffastfood.com/fast-food-facts/interesting-facts-about-fast-food/
http://www.biomasspackaging.com/facts-on-fast-food-waste/ http://globalnews.ca/news/2075857/food-waste-at-record-levels-as-other-canadians-go-hungry/
https://www.statista.com/statistics/469379/number-of-subway-restaurants-worldwide/
http://gizmodo.com/no-colonel-sanders-never-killed-a-man-in-a-shootout-1651797965
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