One of the most challenging aspects of restaurant operation is inventory stocktaking and management; knowing precisely what you have in stock at any given time is imperative for a restaurant manager, and with that in mind, here are a few tips on managing your restaurant’s inventory.
- Use state-of-the-art software – Why not make the best use of hospitality inventory management software? This enables you to scan all incoming items that are automatically added to the inventory and when items are used, they come off the inventory and that means you always know precisely what you have in stock. Install the app and you can scan items using a mobile phone, which makes stock checks easy.
- Prevent under and overstocking – Understocking is always a danger, as is having too much, which can lead to huge waste, something you want to avoid at all costs. Real-time tracking and alerts can help prevent under or overstocking, keeping you informed with accurate real-time data.
- Sales data integration – You can integrate POS data into the system, which automatically removes items from the inventory as and when they are sold. Scan inventory when it comes in and also when it goes out.
- Seamless warehouse management – Track and assign new inventory and make good use of electronic signatures to sign off deliveries. If you search the web for inventory management software, a developer can show you the many ways that the software can help streamline your business processes.
- Regular stocktaking – Checking your inventory often is very doable when you use inventory management software, barcode scanning is the solution, which can be implemented using a range of devices.
- Talk to the software developer – The software developer has bundles specifically for the hospitality sector, which enables you to automate many processes, including ordering and recording stock. You can share a Zoom call and the developer can show you exactly what their suite of digital tools can do for your business. Click here for ways to improve your business.
- Review staff practices – If you review the processes your employees are using, you will find many of them can be automated; set up a secure cloud network and run your entire business in a decentralised environment. Radical changes mean considerable savings, with almost zero wastage, as you are never overstocked, plus you always know your inventory, with real-time checking.
- Cloud data storage allows access from any location – All you need is a smartphone, tablet or laptop and a browser and you can access (and update) your data. Cyber-security is bank-grade so no one is going to steal your data and with managed IT service providers, you get 100% tech support, so your business never goes offline.
Regardless of the type of food business you run, inventory management software takes the hard work of stock-tacking. Start your quest for automated inventory management with a Google search today.
