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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Below are the top seven inventory management mistakes restaurants are making, and how to correct them.

Inventory 180
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The Top 5 Restaurant Inventory Management Mistakes and How to Avoid Them

Restaurant365

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance. Actual Food Cost (COGS).

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How To Calculate Inventory Turnover Ratio At Your Restaurant

The Restaurant Times

When you open a new restaurant business or are already in one, you are supposed to keep track of everything happening in your restaurant, whether the number of waiters or the amount of inventory available. It’s critical to remain on top of your inventory and control your costs to ensure your restaurant is profitable and growing.

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Three steps to maximize c-store sales

Transact

can help you thrive: Implement an automated labeling solution – Grab ‘N Go merchandising is key– the easier it is to notice and read your fresh-food labels, the stronger your in-store sales. solution automates your labeling to save time, reduce errors, and connect to inventory for smarter c-store food management.

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Menu Engineering: Innovating Menus for Profitability and Simplicity

Aaron Allen & Associates

The menu’s design has a direct impact on operational aspects, including kitchen workflow, inventory management, and labor costs. A well-engineered menu can reduce preparation time and waste, optimize the use of ingredients, and require less specialized labor, thereby improving the restaurant’s overall efficiency and profitability.

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How to keep your food business going during the COVID-19 / corona crisis

Deliverect

Offering these to your customers at a fair price can help you prevent food waste and make some money at the same time. A creative way to do more business would be to sell recipes, ingredients and/or merchandise online. You could even provide ingredients or branded merchandise to be used with the recipe.

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12 Tips to Increase Catering Profits This Busy Season

Cheetah

Recap the last years’ data – Review the previous years’ sales and inventory reports and create a data-driven estimate on how much supplies you’ll need, toothpicks too. >>> Don’t waste money on Instacart – It is very expensive. Here are 125 practical tips that will help increase the bottom line. Guaranteed.

Catering 148