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Tag Archives for: "inventory"
Home » inventory
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By Fred Langley
In 1. David Scott Peters, Food Costs, Operations, The Numbers
Posted July 7, 2011

How to monitor food profit margins with a key item report

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 [...]

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By Fred Langley
In 1. David Scott Peters, bar, Tip of the Day
Posted January 13, 2011

Liquor Inventory the Easy Way

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 [...]

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By Fred Langley
In 1. David Scott Peters, budget, Tip of the Day
Posted December 21, 2010

Restaurant Budget is Key to Success

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 [...]

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By Fred Langley
In 1. David Scott Peters, SMART Systems, Tip of the Day
Posted December 7, 2010

Determine Your Restaurant’s Inventory Turn

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 [...]

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By Fred Langley
In 1. David Scott Peters, Food Costs, SMART Systems, Tip of the Day
Posted November 30, 2010

The Restaurant Inventory Turn

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 [...]

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 Managing Your Restaurant Inventory
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By Fred Langley
In 1. David Scott Peters, Food Costs
Posted April 28, 2010

Managing Your Restaurant Inventory

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 [...]

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By Fred Langley
In 1. David Scott Peters, The Numbers, Tip of the Day
Posted December 21, 2009

Conduct Inventory in Your Restaurant

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 [...]

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By Fred Langley
In 1. David Scott Peters
Posted October 16, 2009

All I wanted from my POS System

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 [...]

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 Must-Have Systems to Maximize Your Restaurant POS System
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By Fred Langley
In 1. David Scott Peters, Operations, SMART Systems
Posted October 7, 2009

Must-Have Systems to Maximize Your Restaurant POS System

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: [...]

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By Fred Langley
In 1. David Scott Peters, Operations
Posted July 21, 2009

A Tip for the Day: FIFO

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 [...]

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