Remove Inventory Management Software Remove Purchasing Remove Restaurant Management
article thumbnail

Ultimate Guide to Restaurant Management Software

Lavu

Understanding Restaurant Management Software. The restaurant industry has been evolving consistently over the years. From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Why do you need restaurant management software?

article thumbnail

Restaurant Inventory Management Guide

Chef's Deal

Inventory management provides data on the amount and sort of purchased inventory, your daily used inventory, and leftover inventory for each day. This information allows restaurants to improve purchasing and reduce inventory losses by preventing food spoilage and waste.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Strategies for Achieving a Zero-Waste Kitchen in Your Restaurant

Modern Restaurant Management

Leaders in the sector have noted not just the potential to attract customers who are increasingly making purchasing decisions based on their environmental ethics. Automated inventory controls are becoming more accessible to even small restaurants, so implementing these throughout your organization is worth implementing.

article thumbnail

Food Costing 101

Optimum Control

To calculate the actual food cost, we’ll use the following equation: Actual Food Cost = Beginning Food Inventory + Food Purchases – Ending Inventory This equation can be used for either individual ingredients or using your full recipe for an overall total food cost.

Recipes 52
article thumbnail

How to Lower Costs at Your Restaurant

Optimum Control

Should suppliers refuse to negotiate on credit terms, you may be able to negotiate for better prices, even if you need to purchase in certain amounts, or at specific frequencies. You need to simply register and order your desired products, and every 3 months or so, you get a cheque with the rebates on your purchases.