Sculpture Hospitality

NOVEMBER 16, 2021

Nobody wants to think that their employees are stealing from them, but it is an unfortunate reality at many restaurants and bars - thankfully bar inventory management can help prevent it.

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Inventory Management Inventory 144

Sculpture Hospitality

DECEMBER 5, 2023

Keeping track of inventory is paramount to ensuring smooth operations of your bar and maximizing profitability. The days of manual inventory management are long gone, replaced by advanced bar inventory management software that can streamline processes, minimize losses, and enhance overall efficiency.

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Inventory Management Software Inventory Management Inventory 129

Sculpture Hospitality

NOVEMBER 12, 2021

Bar inventory management has a number of benefits. It gives you oversight of your stock, helps you make better ordering decisions, and it provides insights on turnover, costing, and your overall bottom line.

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Inventory Management Inventory 136

Sculpture Hospitality

APRIL 11, 2024

We're thrilled to share with you a must-listen (or watch) resource for anyone in the hospitality industry looking to elevate their inventory management game.

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Inventory Management Inventory Hospitality Hospitality 120

Sculpture Hospitality

OCTOBER 12, 2021

In our blog, we’ve discussed in detail how using inventory management software to gain better visibility and control over your restaurant and bar inventory can significantly improve business profitability.

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Inventory Management Inventory Inventory Management Software 129

Sculpture Hospitality

APRIL 7, 2022

Food inventory management is a critical part of your restaurant operations. It helps reduce food loss and the associated increase in the cost of goods sold.

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Inventory Management Food Inventory Inventory Kitchen Management 128

Sculpture Hospitality

JANUARY 7, 2021

It may be repetitive and time-consuming, but restaurant inventory management really is one of the most important aspects of your job as a restaurateur.

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Inventory Management Inventory Kitchen Management Kitchen Manager 131

Wasserstrom

JULY 18, 2023

Managing inventory in the foodservice industry is essential for ensuring profitability. Being that, we provide an overview of theft and shrinkage in the context of […] The post Restaurant Inventory Management: Theft & Shrinkage appeared first on The Official Wasserstrom Blog.

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Inventory Management Inventory Restaurant Manager Restaurant Management 113

Sculpture Hospitality

MARCH 23, 2021

Bar inventory management is a crucial aspect in understanding exactly how your business is performing compared to your key performance indicators (KPIs). The insights your bar gains from accurate inventory reports can help to drive up the profitability of your business.

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Inventory Management Inventory 117

Sculpture Hospitality

AUGUST 23, 2022

Restaurant inventory management is the process of monitoring your food and beverage stock to gain better control and visibility over your inventory.

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Inventory Management Inventory Food and Beverage Food and Beverage 118

Sculpture Hospitality

OCTOBER 25, 2021

Are you ready to make bar inventory management a more consistent, prominent and strategic component of your business?

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Inventory Management Inventory 122

Sculpture Hospitality

DECEMBER 20, 2022

You’re ready to start using inventory management software for your restaurant so that you can benefit from consistency and accuracy. Accurate inventory management provides the information and insights you need to be successful. That’s fantastic!

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Inventory Management Software Inventory Management Inventory 115

Sculpture Hospitality

OCTOBER 27, 2022

So, you have decided to improve your restaurant inventory management strategy. Inventory management can help provide better insights, reduce waste, save time and improve your bottom line. That’s great!

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Inventory Management Inventory Management Software Inventory 109

Sculpture Hospitality

NOVEMBER 30, 2022

A restaurant inventory manager is responsible for ordering and stocking supplies, maintaining inventory records and working with other team members to ensure that your restaurant always has the food and bar stock needed to run efficiently and profitably.

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Inventory Management Inventory 113

Sculpture Hospitality

JUNE 27, 2023

In the fast-paced restaurant industry, effective inventory management is crucial to ensure smooth operations, maximize profits, and deliver an exceptional dining experience.

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Inventory Management Software Inventory Management Inventory 111

Sculpture Hospitality

JANUARY 9, 2024

Running a successful bar isn’t just about delighting your customers, it’s also about managing inventory effectively. Here’s how to do it successfully.

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Inventory Inventory Management 127

Wasserstrom

JULY 11, 2023

Inventory management is a critical component of any restaurant’s success. By effectively managing inventory, restaurants can reduce waste, improve efficiency, and boost profits. In this series of articles, we will explore key aspects of inventory management in restaurants, starting with forecasting demand.

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Inventory Management Inventory Restaurant Manager Restaurant Management 87

Sculpture Hospitality

JULY 7, 2022

Inventory makes up a significant portion of a pizza restaurant’s total expenses, next to rent, utilities and labor cost. Yet your inventory shouldn’t just be viewed as an expense, it’s an investment into the profitability of your business.

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Inventory Inventory Management 120

Sculpture Hospitality

APRIL 26, 2021

In our previous blog, we discussed how to calculate your bar inventory usage through the use of a simple calculation and a bar inventory management system. This inventory usage data gives your bar insight into how your business is performing, with insightful data such as pour cost, product shrinkage, pricing and much more.

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Inventory Inventory Management 147

Sculpture Hospitality

JULY 27, 2021

Your restaurant inventory is the backbone of your business. The stock you buy is an asset that directly impacts how profitable your business is, yet so many restaurants aren’t building inventory management strategies that protect those assets.

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Inventory Inventory Management 158

Sculpture Hospitality

JUNE 15, 2021

Did you know that improving your food and beverage inventory management processes can help your business to garner better profit margins? Are you looking for ways to improve your restaurant’s profitability?

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Inventory Management Inventory Food and Beverage Food and Beverage 100

Sculpture Hospitality

JULY 15, 2021

Are you struggling to gain complete visibility and control over your restaurant or bar’s inventory ?

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Inventory Inventory Management Hospitality Hospitality 120

Sculpture Hospitality

JUNE 3, 2022

Whether you’ve been researching bar inventory management systems for a while now, or are just starting out, the first option you’ll likely gravitate towards is a spreadsheet. Spreadsheets are an inexpensive and seemingly easy-to-use tool for managing your bar and restaurant inventory. But do they really work?

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Inventory Inventory Management 145

Sculpture Hospitality

SEPTEMBER 29, 2021

Taking inventory in your bar or restaurant is time-consuming, and one of the things that most bar managers or owners push down to the bottom of their to-do list.

Inventory Management 120

Inventory Management Inventory 120

Sculpture Hospitality

OCTOBER 17, 2023

Inventory management is a crucial aspect of any business, as it directly impacts profitability and efficiency. One of the most widely used methods for valuing inventory and managing stock is the First-In, First-Out (FIFO) method.

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Inventory Inventory Management 145

Sculpture Hospitality

APRIL 6, 2021

Running a restaurant is a dream for many people. The truth is, however, that running a successful restaurant isn’t just about crafting amazing meals. It takes a remarkable amount of work and an extensive amount of business acumen to run a successful restaurant.

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Inventory Management Inventory 138

Sculpture Hospitality

FEBRUARY 8, 2021

Taking bar inventory can be time-consuming and frustrating. Yet most hospitality businesses are still using inefficient and ineffective manual spreadsheets to complete their bar inventory management.

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Inventory Inventory Management Hospitality Hospitality 147

Sculpture Hospitality

JULY 12, 2022

Bar inventory is managing, counting and tracking liquor stock at your bar or restaurant. Taking inventory counts, and ongoing inventory management, can help you gain insight into the sales trends of different beverages so you can ensure that you always have enough stock on hand.

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Inventory Inventory Management 131

Sculpture Hospitality

MARCH 15, 2022

Standard pours are what bars and restaurants typically serve to guests when alcoholic beverages are ordered, and by doing them right they can help boost your overall success.

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Inventory Management Inventory 129

Sculpture Hospitality

JULY 7, 2021

Since the beginning of the COVID-19 pandemic, bar owners around the world have learnt a number of lessons about managing their businesses during challenging times. Perhaps no lesson, however, has been as important as understanding cash flow.

Inventory Management 147

Inventory Management Inventory 147

Sculpture Hospitality

APRIL 12, 2022

One of the most important steps in improving your bar’s profitability is to implement an effective bar inventory management program. The problem is, inventory management can be a bar manager’s worst nightmare.

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Inventory Inventory Management 137

Sculpture Hospitality

JUNE 8, 2021

Pricing the drinks in your bar can be tricky. Set your liquor prices too high and you run the risk of driving customers away, but set your drink prices too low and you may not be bringing enough money in to even cover your costs, especially if volume fluctuates.

Inventory Management 147

Inventory Management Inventory 147

Sculpture Hospitality

MARCH 15, 2021

Restaurant inventory management is critical if you are to run a successful, and profitable, business. The financial health of your restaurant, and how profitable it is, largely depends on the goods held in your inventory.

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Inventory Inventory Management 142

Sculpture Hospitality

JANUARY 30, 2024

Effective inventory management is the cornerstone of success for your restaurant. Strategic inventory management can reduce waste, increase your company’s profit margins and help deliver a superior customer experience.

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Inventory Inventory Management Customer Experience 115

Sculpture Hospitality

NOVEMBER 7, 2023

In the constant challenge to increase bar profits, inventory management stands as the unsung hero. Yet many businesses owners and bar managers are failing to maximize their bar liquor inventory in a way that drives revenue opportunities.

Inventory 138

Inventory Inventory Management 138

Sculpture Hospitality

APRIL 30, 2024

Effective inventory management is the backbone of a successful restaurant operation. As profit margins in the hospitality industry can be razor-thin, ensuring control over food inventory is paramount for financial sustainability and operational efficiency.

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Food Inventory Inventory Inventory Management Hospitality 122

Sculpture Hospitality

JANUARY 17, 2023

Bar inventory control is essential to successful bar management. proper inventory management , bars and restaurants can end up with too much inventory, which increases tied-up capital and the risk of waste, or too little inventory, which can result in lost profits.

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Inventory Inventory Management 125