Modern Restaurant Management

OCTOBER 28, 2021

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. Recipe Costing. Prevent Shortages. ” Reduce Waste.

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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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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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Sculpture Hospitality

JANUARY 31, 2023

Restaurants can manage inventory using several different methods, from creating and maintaining an inventory list to using detailed reports to make better decisions about their inventory.

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Sculpture Hospitality

APRIL 11, 2023

Managing inventory effectively is one of the most critical components of running a successful bar. Running a bar can be a challenging but rewarding endeavor. From managing staff to creating a welcoming atmosphere for customers, there are many aspects to consider.

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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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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.

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Sculpture Hospitality

SEPTEMBER 12, 2023

Running a successful bar requires careful management of inventory. That's where a well-organized bar inventory template can come to your rescue. Keeping track of all the beverages, mixers, garnishes, and other supplies can be a challenging task.

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Modern Restaurant Management

OCTOBER 1, 2021

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. Why Inventory Management Matters.

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Sculpture Hospitality

NOVEMBER 29, 2023

Managing inventory efficiently is crucial to ensure the smooth functioning, and profitability, of your establishment. Running a restaurant is a complex and demanding business.

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Modern Restaurant Management

SEPTEMBER 9, 2022

This article will cover how implementing automation tools like IoT monitoring can save your business money, protect your inventory, and save time. An IoT remote monitoring device will allow operators to monitor critical business items such as inventory, refrigeration, HVAC from anywhere, at any time.

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Sculpture Hospitality

APRIL 3, 2024

Elevate your bar's efficiency with a Liquor Inventory Control Scale. Discover the benefits for precise pours, cost savings, and improved profit margins.

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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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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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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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Sculpture Hospitality

JANUARY 16, 2024

Managing a restaurant involves meticulous attention to detail, including keeping track of your equipment inventory. Here’s how to do so successfully

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Restaurateur Connection Submitted Articles

SEPTEMBER 28, 2022

How are you managing your bar's inventory? No matter how in control you are of your bar's inventory, there's likely something you can do better.

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Restaurant Technology Guys

NOVEMBER 8, 2022

Restaurants need the latest and most efficient restaurant inventory management tools to ensure a smooth business flow and stay completely stocked and informed. The post Restaurant Inventory Management Technology Improves Efficiency appeared first on Restaurant Technology Guys.

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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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Sculpture Hospitality

FEBRUARY 13, 2024

Whether you’re running a cozy corner pub, a bustling city bar or the bar within a restaurant, keeping a tight ship on your inventory is not only the key to customer satisfaction but also the secret weapon in boosting those all-important profit margins.

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Sculpture Hospitality

OCTOBER 18, 2022

When operating a bar, one of your main inventory goals is to ensure you have the perfect amount of stock on hand at any given time. Too much or too little inventory can have a huge impact on your bottom line.

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Sculpture Hospitality

DECEMBER 13, 2022

Liquor inventory software can be a massive help if you own a bar. It can help you keep track of stock, manage orders, and even help with bookkeeping. All of these things not only improve your operational efficiencies, but increase your profit margins as well.

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Sculpture Hospitality

APRIL 19, 2022

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.

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Chef's Resources

JANUARY 26, 2020

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. Controlling your month end food inventory and food cost is essential both for your business as well as for your own professional reputation.

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Sculpture Hospitality

JANUARY 4, 2023

A bar inventory spreadsheet can be used to help you manage your bar's inventory and costs. While it’s not as effective as an inventory management system , with the right setup, you can keep track of stock levels, pricing, and other important information related to running a bar.

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Sculpture Hospitality

FEBRUARY 20, 2024

Are you ready to dive into one of the secrets of our trade: nailing your restaurant inventory ? Trust us, getting your inventory right is like having a superpower in the restaurant industry, saving you cash, cutting down waste and keeping your customers coming back for more.

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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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Restaurant Technology Guys

MARCH 24, 2024

In any restaurant, inventory management plays a pivotal role in seamless operations. In this blog post, as Jeremy Julian converses with David Greschler, the Co-founder and CEO of Nomad-Go, we explore how this company is transforming the inventory management of the food service industry with its innovative technology. The post 225.

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Sculpture Hospitality

SEPTEMBER 7, 2022

This means creating a menu that is profitable, reducing food and bar waste, as well as properly managing your orders and controlling the amount of inventory you hold at any one time.

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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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Sculpture Hospitality

JUNE 7, 2022

A bar inventory app is one of those tools and can be an incredibly effective way to manage your bar’s inventory. Running a bar or restaurant can be a seamless process, when you have the right tools to support you and your team.

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Sculpture Hospitality

SEPTEMBER 22, 2022

One of the most important steps for improving your restaurant’s profits is implementing an inventory management program. The problem is, managing food and beverage inventory at your restaurant can be time consuming, stressful, complex and can be rife with errors - especially when you use manual inventory tracking methods.

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Sculpture Hospitality

FEBRUARY 28, 2023

As a restaurant owner or manager, keeping track of inventory is critical to running a successful business. Without proper inventory management, you may end up over-ordering food, which can lead to product waste, or under-ordering, which can result in unhappy customers and a shortage of menu items.

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Sculpture Hospitality

AUGUST 22, 2023

Food inventory software helps you streamline operations, minimize waste and maximize profits. Here are the top 10 features to look for in a solution.

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Crunchtime

JANUARY 23, 2024

It's no secret that carrying inventory is costly, and often full of sneaky profit leaks for many multi-unit restaurants. As food costs continue to rise, improving inventory management processes can effectively free up working capital and provide tangible returns. Food costs are 35% of revenue on average for multi-unit restaurants.

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