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When food costs rise, profit margins sink and restaurant owners must take action. And one vital solution is the key item report. The key item report is a daily tracking tool that puts the [...]

By David Scott Peters Restaurant Tip of the Week How do you keep track of your liquor? Do you? While there are many different ways to set up a liquor inventory system, the one I present is easy [...]

By David Scott Peters Restaurant Tip of the Week It all goes back to staying in budget Do you want to know why inventory turns are so important? Knowing your inventory turns will help you stay in [...]

By David Scott Peters Restaurant Tip of the Week Inventory turn If a turn is the process of completely emptying your stocked shelves and restocking them, what about the items on your shelves that [...]

By David Scott Peters Restaurant Tip of the Week The great inventory theory Conducting inventory in your restaurant ensures your money is in the bank, not on your shelves. But how do you know [...]

Restaurant Inventory = Money Early in my career I remember being walked into a walk-in cooler and asked, “What do you see on the shelves?” I started listing what I could see on the shelves, but I [...]

By David Scott Peters Restaurant Tip of the Week Money belongs in the bank, not on your shelves. When was the last time you conducted inventory? Do you know how much money you have wasted sitting [...]

By David Scott Peters Maximizing your POS system is a big part of running an efficient and profitable business. I pulled together three different blog posts about maximizing your restaurant POS [...]

Let’s talk about how to maximize your restaurant POS system. I’m passionate about efficiency. Call me lucky, but I’m one of those rare people who has turned my passion into my career: [...]

By David Scott Peters Follow the FIFO principle. What’s FIFO? FIFO is first in first out inventory management. Oldest dated product needs to be used first. So when the delivery is made, make sure [...]