Managing Inventory with Quality Data and Automation

Modern Restaurant Management

Accurate inventory management is crucial to running a successful business because it directly impacts a company’s bottom line and is key to maximizing profits. Inventory Automation. This approach has maximized savings by reducing waste and by right-sizing inventory.

Restaurant and Bar Inventory: Tips For Managing Your Wine Inventory

Sculpture Hospitality

The amount of wine a restaurant or bar has on hand in their beverage inventory varies from one location to the next. Bar Inventory

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How Often Should You Perform Restaurant Inventory Counts?

Sculpture Hospitality

When it comes to restaurant inventory , there is often discussion about whether doing inventory weekly or monthly is better. While there are some businesses in different industries that may be able to do a monthly, or even annual inventory count, this is not recommended for restaurants.

Manual Vs. Computerized Restaurant Inventory: What’s Best?

Sculpture Hospitality

Taking restaurant inventory gives you better oversight over your food and beverage stock levels, helps forecast future demand and reduces food and beverage waste. In essence, well managed inventory makes your business more profitable. Restaurant Operations Restaurant Inventory

Restrictions Into Opportunities: How to Make Your Restaurant Succeed

Speaker: Patrick Cottrell and Joe English

Whether your state allows outdoor dining, takeout only, or a little bit of both, we're here to help. Join Patrick Cottrell and Joe English from Sculpture Hospitality, for a webinar on Jan. 26th, and get your restaurant to thrive in face of pandemic restrictions

How Can I Streamline Inventory Management?

Modern Restaurant Management

Taking inventory is one of the most tedious processes in restaurant operations. Chefs spend countless hours counting inventory, purchasing new ingredients, and tracking down more cost-effective substitutions for products that are either cancelled or out of stock.

5 Common Causes Of Bar and Restaurant Inventory Shrinkage

Sculpture Hospitality

You will find restaurant and bar inventory shrinkage when you reconcile your inventory with your accounting records and find that you have less inventory on the shelves than your books say you should. Restaurant Inventory Bar Inventory

Bar Inventory Spreadsheet or Bar Inventory System: What’s Best?

Sculpture Hospitality

Counting, managing and successfully maintaining your bar inventory seems simple at first glance, yet many bars are using time-consuming, ineffective and inaccurate processes that lead to hidden costs and lost profits. Restaurant Operations Restaurant Inventory Bar Inventory

How To Reduce Inventory Shrinkage At Your Bar or Restaurant

Sculpture Hospitality

In our last blog, we talked about what inventory shrinkage is for bars and restaurants and the top five causes. If you have already read the blog, you know that inventory shrinkage happens when you have less inventory on the shelf than is recorded in your records.

Liquor Inventory: How to Choose the Best Bar Inventory Software

Sculpture Hospitality

Taking bar inventory is time-consuming, tedious and probably one of the things you drop to the bottom of the to-do list. Bar InventoryLet’s not beat around the bush.

Dive Into Your Inventory Data (and Add Substantial Profits to Your Bottom Line)

Speaker: Ian Foster, Sculpture Hospitality Regional Director West Coast

In this seminar, Ian Foster will discuss the basics of inventory management, including tips on how to get inventory right and how to evaluate your food and pour costs. Ian will examine the best ordering practices from our clients. Finally, he’ll share some case studies showing how well designed inventory control can uncover hidden losses from over-pouring and lost sales that will result in several thousand dollars of extra profit every month.

How to Manage Your Restaurant Inventory for Greater Profitability

Sculpture Hospitality

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. Restaurant Inventory Bar Inventory

How to Pick the Best Bar Inventory Software

Sculpture Hospitality

Bar inventory software, known as a bar inventory management system , is a technology that integrates with your point-of-sale (POS) system to automate and centralize the processes associated with managing your bar inventory. Restaurant Inventory Bar Inventory

How to use Bar Inventory Software to Set Your Bar Inventory PAR Level

Sculpture Hospitality

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. Restaurant Inventory Bar Inventory

7 Ways Your Bar Inventory Spreadsheet is Failing You

Sculpture Hospitality

Spreadsheets are a seemingly simple tool for managing bar inventory – they can be organized by storage locations, data is easy to enter, the software does the math for you, and you can quickly produce charts and graphs to aid in decision making. Restaurant Inventory Bar Inventory

What is a Bar Inventory App? And 4 Reasons Why You Need One

Sculpture Hospitality

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. Bar Inventory

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How To Improve Your Restaurant Inventory Management Strategy

Modern Restaurant Management

Controlling a restaurant kitchen’s inventory is a key to proper restaurant management and can help avoid wasting food and space. When it comes to your livelihood, any gaps in inventory are more than mere annoyances — they could be hurting your ability to make a profit.

Bar Inventory: 5 Ways to Store Alcoholic Beverages & Extend Shelf Life

Sculpture Hospitality

As with any product in your bar or kitchen, different types of alcoholic beverages in your bar inventory have different shelf lives. Bar Inventory

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The New Sculpture Hospitality Dashboard for Inventory Management

Sculpture Hospitality

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

Why Bar Inventory Management is Crucial to Post-Pandemic Success

Sculpture Hospitality

Restaurant Operations Restaurant Inventory Bar InventorySince 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.

How Often Should You Perform Restaurant Inventory Counts?

Sculpture Hospitality

When it comes to restaurant inventory , there is often discussion about whether doing inventory weekly or monthly is better. While there are some businesses in different industries that may be able to do a monthly, or even annual inventory count, this is not recommended for restaurants.

How Bar Inventory Management can Help Prevent Bar Theft

Sculpture Hospitality

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. Bar Management Bar Inventory

Manual Vs. Computerized Restaurant Inventory: What’s Best?

Sculpture Hospitality

Taking restaurant inventory gives you better oversight over your food and beverage stock levels, helps forecast future demand and reduces food and beverage waste. In essence, well managed inventory makes your business more profitable. Restaurant Operations Restaurant Inventory

5 Myths About Restaurant Inventory That Will Damage Your Profits

Sculpture Hospitality

Your restaurant inventory is your company’s investment into profitability. The better you manage your inventory and control costs, the higher your profit margins will be and the more success your restaurant will have. Restaurant Operations Restaurant Inventory

Why Restaurant Inventory Management is an Accounting Function

Restaurant365

Restaurant accounting covers all areas of your business, even inventory. While you may think of your restaurant inventory as part of operations, restaurant inventory management should also be considered an accounting function. Inventory’s place in restaurant accounting.

Are You Making These 5 Common Bar Inventory Management Mistakes?

Sculpture Hospitality

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

How to Minimize Liquor Inventory Loss Behind Your Bar

Sculpture Hospitality

Are you taking the proper measures to ensure your bar is looking after its liquor inventory ? Bar Inventory

5 Benefits of a Restaurant and Bar Inventory Management App

Sculpture Hospitality

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. Bar Inventory

What to Look for in a Bar Inventory Management Solution

Sculpture Hospitality

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

5 Ways To Improve Your Restaurant’s Food Inventory Management

Sculpture Hospitality

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

How to Reduce Bar Inventory Without Compromising Service

Sculpture Hospitality

Do you have inventory sitting on your bar’s shelves that are taking months, or even years, to move on? Even worse, do you have inventory that isn’t moving at all? Bar Management Bar Inventory

10 Rules for Successful Organization of Your Bar Inventory

Sculpture Hospitality

Are you frustrated by time-consuming and inaccurate inventory counts that aren’t improving the profitability of your bar? We’ve discussed the benefits of using inventory management software on our blog, but today we’ve got an additional tip - organization! Bar Inventory

How To Reduce Inventory Shrinkage At Your Bar or Restaurant

Sculpture Hospitality

In our last blog, we talked about what inventory shrinkage is for bars and restaurants and the top five causes. If you have already read the blog, you know that inventory shrinkage happens when you have less inventory on the shelf than is recorded in your records.

Your Go-To Guide for Restaurant Inventory Management

7 Shifts

Both situations could have been prevented with proper restaurant inventory management, which gives restaurant operators better oversight over what's in stock and how it is used. Inventory Basics. The Best Restaurant Inventory Management Software. Inventory starts with counting.

5 Common Causes Of Bar and Restaurant Inventory Shrinkage

Sculpture Hospitality

You will find restaurant and bar inventory shrinkage when you reconcile your inventory with your accounting records and find that you have less inventory on the shelves than your books say you should. Restaurant Inventory Bar Inventory

Food Inventory Control – Taking Inventory

Chef's Resources

Managing Restaurant & Hotel Food Inventory – (Part 1 of 4) One of the most important components of managing your food cost is managing your inventory process. The post Food Inventory Control – Taking Inventory appeared first on Chefs Resources.

Optimize Inventory: How To Calculate Bar or Restaurant Reorder Points

Sculpture Hospitality

Optimizing your ordering process is critical to ensuring that your bar or restaurant has the inventory it needs to meet demand. Restaurant Operations Restaurant Inventory

Bar Inventory Management: How Do I Correctly Price a Drink?

Sculpture Hospitality

Bar Management Bar InventoryPricing 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.

Improving Restaurant Inventory Management to Beat Rising Food Prices

Restaurant365

Restaurant inventory management plays a key role in overcoming rising food prices. As the rising food cost trend continues, it’s time to tighten your inventory control. Automate manual restaurant inventory processes to help overcome rising food prices.

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Food Inventory Management Best Practices to Control Costs

Restaurant365

Food inventory management goes way beyond counting the items on the shelves. The most important part of inventory management is understanding how the amount of product relates to your profit margin. Why a POS system is not suitable for inventory management.

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