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How POS Inventory Tools Cut Costs in Restaurants

Lavu

Automation : Handles tasks like purchase orders and pricing updates, saving time and minimizing errors. "A good inventory management system should provide detailed reporting on cost of goods sold, waste tracking, and usage trends over time." This not only saves time but also reduces the chance of errors.

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Restaurant Inventory Management Guide

Chef's Deal

Making a comprehensive inventory management plan to track, manage, and enhance the restaurant inventory ensures efficiency and smooth operation in commercial kitchens. Whether you’re a seasoned restaurateur or just starting, this guide will illuminate the nuances of managing your inventory efficiently.

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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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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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Ensure Your Inventory Gets Used (Even if You’re Closed!)

Optimum Control

If you look at your restaurant’s inventory management software, how much of your inventory is simply sitting there unused and going bad? That being said, you’ll want to try and use ingredients that are already in your inventory without purchasing additional ones.

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Food Costing 101

Optimum Control

Step 1: Recipe costing Recipe costing is the process of taking your recipes and pricing them out by their individual ingredients. By doing this, you’ll be able to find the cost of your recipes track price fluctuations on a per-ingredient basis, assuming your yields are accurate and there is no wastage.

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How to Lower Costs at Your Restaurant

Optimum Control

Menu Management The most appropriate place to start looking at when managing your food cost is your menu. By costing out your recipes and calculating how much you’re making or losing on each dish, you’ll find where you can make menu changes to increase or your margins, or remove items entirely.