Under The Labor & Food Cost Microscope
As the current pandemic continues to impact the restaurant industry, profit margins are becoming increasingly smaller, meaning proper management is critical. Labor is being run tighter. Food cost is being closely monitored. Every employee’s time and productivity is more valuable than ever. QSROnline wants to remind our customers and partners that we’re here to help you through these challenges.
Over the next few months, our newsletters will be geared toward QSROnline tools that will help you monitor operations that affect your prime cost.
The Inventory Toolbox
Vendor Price Change Alert
Great food cost numbers start with purchasing, so when vendor item prices change, as they often do, you need to know about it. QSROnline will alert you whenever a vendor changes the price on inventory items you purchase. This puts you in control of your food cost, and your bottom line.
Inventory Performance Dashboard
A few underperforming stores can ruin your other stores great work! QSROnline’s Inventory Performance Dashboard will flag large variances or other KPI’s that may be impacting your organization’s profitability, plus, compare how your stores’ food cost numbers are performing.
Inventory Weeks on Hand
So you’re placing an order with your primary food vendor, but need to know how long your current inventory will last you so you don’t over order. Maybe you have a location running low on an inventory item and want to see what other locations could transfer to help them out. The Inventory Weeks On Hand Report will answer those questions and show you how much inventory your stores currently have on hand, and how long that inventory is expected to last.
Variance Food Cost Report
If you notice you’re spending way too much on a particular item and need to know why, QSROnline’s Variance Food Cost Report will find variances in your inventory, and pinpoint where those issues are, whether it’s transfers, waste or theft.
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