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How to Control Inventory in Your Restaurant: Best Practice Guide

Restaurant365

Knowing how to manage restaurant inventory is essential for a healthy business, no matter if you have one location or several. Your sitting inventory (in product or dollars) is one of the main factors influencing your food cost and your bottom line. So, how do you to manage restaurant inventory accurately and efficiently?

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7 Methods for Controlling Food Costs in Restaurants

Restaurant365

Your food costs and your inventory are big budget line items. Closely Manage Your Inventory: conduct daily and weekly reports of food inventory. Restaurant inventory management monitors what ingredients come into your restaurant, what is leaving, and what is left over.

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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost. You receive time in your Point of Sale (POS) system. However, tracking your labor cost is a bit more complicated.

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11 Essential Techniques for Controlling Restaurant Food Costs

Restaurant365

Everything from inventory management to recipe costing plays a role in controlling your cost of goods sold (CoGS). While you may have already implemented some techniques, like inventory management, there is an almost infinite level of detail you can dive into to refine your food costs. Regularly schedule for inventory checks.

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5 “Must Have” Restaurant Reports to Keep You on Track

Restaurant365

These range from POS systems that provide basic raw data about daily sales and labor to comprehensive, all-in-one, integrated restaurant management solutions that can automatically pull point of sale (POS) and operations data to deliver business intelligence reports. Different types of restaurant reports. Theoretical Analysis.

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Restaurant Reopening Checklist: Tips for Thriving

Restaurant365

This will streamline your inventory and give you better visual access to your shelves. Place extreme focus on creating smart hours of operation, labor control, ordering, and inventory and ensure that your management team is in perfect sync. Ordering and inventory control through uncertainty. Clean and organize your shelves.

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How To Recruit Great Franchisees For Your Restaurant Business (And Keep Them On Board) 

Apicbase

A robust training program for franchisees includes, at the very least: an extensive operations manual; onboarding sessions and initial training; on-site training; ongoing training through webinars, field training, on-site visits, etc. KFC, for example, serves society by focusing on waste management and water conservation in their restaurants.