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Sales Mixes: Analyzing Food Costs and Pricing

Modern Restaurant Management

The data to analyze with food is the following: food sales, food costs, sales mixture, food inventory, cost of goods sold, menu pricing, invoice reviews for accuracy of pricing, stock on hand, beginning and end of day protein counts, and daily sold items. Purchasing of Foods.

Chef 208
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The Must-Have Equipment for an Efficient Commercial Kitchen (Infographic)

Modern Restaurant Management

Your food is organised, so you can keep track of it more easily. By following the first in, first out (FIFO) methodology of food inventory management, you reduce waste and ensure that your food stays safe and tastes good. If you decide to purchase restaurant equipment, consider these factors: Ownership costs (TCO).

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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Having too much inventory on hand ties up cash, encourages theft, results in spoilage, and leads to overuse. Try to keep an average of only seven days of inventory value on hand. Forecasting tools enable managers to purchase food, beverage, and supplies at the right level.

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Food Cost Calculator to Ensure Your Restaurant Profitability

Lavu

food inventory and your total sales for the period. The basic formula for actual food cost percentage is: (starting. inventory + purchases – ending inventory) ÷ food sales. So, in the above example, let’s say your starting inventory was $20,000 and you made $5,000 in purchases.

Recipes 78
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Restaurant Inventory Management System

Lavu

Components of a Restaurant Inventory Management System. A restaurant inventory management system provides an accurate and up-to-date picture of food inventory. This helps in managing inventory levels and making purchase orders based on the performance of the restaurant. Food Costing Calculator.

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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

For example, 2019 brought restaurants a plastic straw ban movement that made establishments take a step back, analyze their non-food inventory, and really listen to the customers with the most influence. Ubiquity of Group Purchasing : Participation in Group Purchasing Organizations has been increasing for years.

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Benefits Of Eco-Efficient Kitchen Equipment

Chef's Deal

The easiest way to ensure energy-saving equipment is to purchase ENERGY STAR-rated appliances. The availability of freshwater for future generations also enhances the sustainability of the foodservice industry, as it is the most heavily used product in commercial kitchens, from food prep and cooking to warewashing and cleaning.