How you manage your bar or restaurant inventory can make or break your hospitality business. Successful inventory management involves accurately tracking your food and beverage inventory stocks, making the most cost-effective purchasing decisions, and ordering your stock at the optimal level of demand. But how you decide to manage your inventory is just as important … Continued

If recent consumer trends are any indication, it’s only going to be more and more common that customers at your restaurant will request substitutions to the menu items they order. Be it allergies, intolerances, diet restrictions or just individual preference, the list of possible substitution requests is nearly endless – while the opportunity to prepare … Continued

A single outbreak of a foodborne illness in your restaurant could cost you millions of dollars according to new research. Regardless of the size of your establishment, one foodborne outbreak can lead to millions of dollars in lost revenue, fines, lawsuits, legal fees, insurance premium increases, inspection costs and staff retraining. The findings, based on … Continued

Are you using inventory software for your food truck? If not, you might be making one of the biggest mistakes that could hinder the success of your business.  In many cases, food truck owners don’t keep records of their purchase orders or sales receipts because they don’t store inventory and often make the grocery trips … Continued

How you manage your inventory can make or break your business. Effective inventory management control requires that your restaurant accurately tracks inventory stocks to make the appropriate purchasing decisions and to obtain stock at the optimal level of demand. If you’ve been side-sweeping your inventory management, here are five inventory control basics you might be … Continued

There are more reasons than one for why businesses don’t succeed. For a majority of failed restaurant businesses, they blame poor management and inventory practices as their demise. To ensure your business doesn’t suffer the same fate, check out these common bad inventory practices and what you can do to avoid them. Using Excel To … Continued

When you own a restaurant you never want to run out of food, but you also never want to have too much inventory. Having the right amount of stock on hand is crucial to maintaining your bottom line and driving profit. Keeping a large amount of inventory on hand can cost you more than just … Continued

Tracking inventory is more of an art than anything. It takes careful selection, forecasting, and elaborate planning to ensure that the right amounts are ordered, and the inventory of these items are properly tracked. Without a proper inventory tracking system in place, there are just too many opportunities for miscounts in storage, along with order … Continued

When you have inventory problems, it will impact your bottom line. And a company who loses profits can easily go bankrupt if they can’t find a solution to turn their situation around. You need to steer clear of common inventory problems like the 5 examples below in order to gain control and get your business … Continued

Running out of items in your restaurant can create unhappy customers and a bad reputation for your business. Ordering too much or in bulk can also have negative consequences on your bottom line – especially if you’re serving older stock items that have been hanging on your shelf for a while. If this sounds familiar, … Continued

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