Restaurant Menu Costing: What You Need to Know and Why

If you’re going to run a successful restaurant business, there are a few management tasks you simply cannot avoid: counting your inventory, tracking your sales, and restaurant menu costing. Menu costing is particularly essential to protecting your bottom line. In the restaurant industry, your sale prices are your only source of revenue – to stay […]

Too Much or Too Little? How to use an Inventory Turnover Ratio

There are many ratios and numbers that are important when it comes to not only managing your inventory, but your entire operations. The inventory turnover ratio – or ITR – affects more than just your inventory, it also affects your food costing, menu pricing, ordering, purchasing and more. It’s important to understand that, like all best […]

New Year, New Business Habits: Getting it Right with a Restaurant Inventory App

If the wind up to the New Year has you looking for new ways to streamline your restaurant business and boost profits, then inventory management is a great place to focus your resolutions. Effective restaurant inventory management can be as easy as a touch of a button with Optimum Control’s suite of restaurant inventory apps […]

Understanding PAR Levels in Restaurant Inventory Management

In the restaurant business, “PAR level” is an industry term for effective inventory management. Specifically, Periodic Automatic Replacement or PAR is a system for figuring out the minimum level of inventory you need on hand for a given period of time. Ideally, a PAR level system will tell you the minimum quantity of any given […]

Bar Inventory Software: how to take control of your costs

Food and beverage inventory control is not just for restaurants and large chain operations: bars, lounges and nightclubs also need inventory solutions for effective cost and profit management. Bar inventory software is your all-in-one digital tool for powerful ordering, tracking and reporting systems, helping you streamline and maintain your establishment’s liquor and bar inventory. Optimum […]

What is Restaurant Inventory Management Software? (And why does your hospitality business need it?)

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 […]

Mobile Solution Benefits

Digital solutions can do wonders for boosting the efficiency of a small business. Small business owners know best that anything you can do to streamline your processes and better organize your staff for maximum efficiency is well worth the investment. Mobile solutions are also revolutionizing the way small businesses operate, allowing for improved communication between […]

Book a Demo