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The average profit margin of a restaurant is 3%-5% which leaves little to no room for unnecessary expenditure.
Restaurants that are unable to manage their stock control often find themselves in a difficult situation.
If they are not able to keep track of their inventory, they may end up ordering too much food, which can lead to waste.
Additionally, if they do not have a good system for monitoring their food stock, they may run into problems when trying to serve customers. It can result in long wait times, disappointed customers, and ultimately, lost business.
In the worst-case scenario, the restaurant could go out of business. This is why it is so important for restaurants to have a handle on their food stock control.
Are you puzzled by the implementation of a food stock control method for your restaurant? In this blog post, we will share six proven tips to manage your restaurant’s food stock.
We hope these tips will help you boost your restaurant’s bottom line in the long run! Let’s get started.
What Is Food Stock Control For Restaurants?
Food stock control for restaurants is a necessary part of keeping the business running smoothly. It involves keeping track of what food items are in stock, and ordering new supplies as needed.
It can be done manually or with the help of computer software. Restaurants need to maintain a certain level of inventory to meet customer demand and avoid running out of food.
Stock management control helps restaurants keep track of their inventory and ensure that they always have the necessary supplies on hand.
It helps to keep customers happy and avoid any service disruptions.
To properly manage their stock control system, restaurants need to have a good understanding of their menu and how much of each item is typically sold.
They also need to be aware of any special events or promotions that might increase customer demand for certain items.
What Is The Importance Of Stock Control For Restaurants?
Are you wondering what is the importance of stock control for your restaurants? Proper stock control is critical for any restaurant business, large or small.
1- Maintaining Food Cost
Stock control is important for maintaining food costs. By keeping track of the inventory and ordering new supplies as needed, businesses can avoid overspending on food.
It is important to keep track of inventory to ensure that food costs are kept under control and that dishes can be prepared as ordered by guests.
2- Minimizing Wastage
It is estimated that up to one-third of the food produced globally is wasted each year. That is a staggering amount of food, enough to feed two billion people.
It is necessary to keep track of what ingredients are used in each dish and how much of each ingredient is used.
This allows for accurate ordering of supplies and helps to avoid over-ordering, which can lead to food waste.
3- Maximizing Profit
An effective stock management control will also help maximize profits.
By keeping track of inventory levels and ensuring that stock is properly replenished, businesses can avoid the costly mistakes of over-ordering or under-ordering.
Now that you know what is the importance of stock control, it is essential to know there are several software applications available which can help with stock control.
6 Proven Tips For Effective Food Stock Control
If you’re in the food business, then you know how important it is to have effective food stock control.
After all, your customers expect fresh and delicious food, and if you don’t have proper stock control, then you won’t be able to deliver on that expectation.
So, what are some tips for effective restaurant stock control? Here are six tips to get you started!
1- Leverage Inventory Management System
First of all, you need to have a good system in place for tracking your inventory to facilitate food stock control.
The system should include a way to track both perishable and non-perishable items, as well as a method for keeping track of expiration dates.
An effective inventory management system such as jalebi is critical for any food business, as it ensures that you always have the supplies you need on hand while avoiding waste due to expired or unused items.
jalebi’s restaurant operating system will save you time and money in the long run, so it’s worth taking the time to set it up properly.
2- Stock The Right Amount Of Supplies
If you’re running a restaurant, then it’s important to make sure that you have enough food to last you through busy periods. This is where an effective stock control system comes in.
You need to ensure that you have enough of the right ingredients on hand to meet customer demand, without overstocking and wasting valuable resources.
It’s better to have too much than too little, as this will help ensure that you don’t run out of anything during a rush.
jalebi is a restaurant operating system that makes it easy to integrate your suppliers with its CRM. We make restocking and reordering simpler and more efficient.
Our software gives you the ability to track inventory levels, so you always know what needs to be reordered
3- Track Daily Sales
If you want to maintain effective stock control in your restaurant, you need to track daily sales.
The sales data will help you understand what items are selling well and which ones need to be reordered.
It will also give you a better idea of how much inventory you need on hand at any given time.
To track sales, you can use a simple spreadsheet or software designed specifically for restaurants.
Are you looking for a way to track sales at your restaurant? Jalebi can help! With jalebi, you can get sales data visualizations that make it easy to see the most and least-selling items on the menu.
Whichever method you choose, make sure it is updated regularly so that your information is always accurate.
4- Store Ingredients Properly
Store your ingredients properly so they stay fresh for longer. This includes keeping them at the right temperature and in airtight containers.
When it comes to storing restaurant ingredients, there are a few key things to keep in mind to make them last as long as possible.
- First, it is important to store all dry goods in airtight containers. This will help to keep them fresh and free from moisture or other contaminants.
- Additionally, it is important to store all perishable items in the refrigerator or freezer. This will help to keep them from spoiling and prevent the growth of bacteria.
- Finally, when it comes time to use any ingredients, be sure to check the expiration date to ensure that they are still safe to consume.
By following these simple tips, you can help to extend the shelf life of your restaurant ingredients and keep them fresh for longer.
5- Enable Stock Rotation
25% more customers trust customer reviews more than professional food critics when it comes to choosing a restaurant. Therefore, customer satisfaction is essential for restaurants.
So make sure that you rotate your stock regularly so that older items are used first. This will help prevent waste and ensure that your customers are always satisfied.
There are a few different methods that can be used for stock rotation.
- The most common is the First In First Out (FIFO) method, where the oldest items are used first.
- Some businesses prefer to use the Last In First Out (LIFO) method, where the newest items are used first.
Whichever method you choose, it is important to ensure that your staff is aware of it and follows it correctly. Most restauranters prefer using the FIFO method as
6- Incorporate Waste Reduction Techniques
Restaurant stock management is a crucial part of running a successful business. Incorporating waste reduction techniques can help to save money and keep your restaurant running smoothly.
Some simple waste reduction hacks include being mindful of expiration dates, ordering only what you need, using leftovers creatively, and composting or recycling where possible.
By being mindful of these things, you can save money on your food costs and avoid potential health hazards from expired or spoiled food. Additionally, you’ll be doing your part to reduce waste and help the environment.
Manage Restaurant Stock Control With jalebi
If you’re looking for a restaurant operating system that can help you control your inventory, Jalebi is a great option.
Why Choose jalebi?
Here are some of Jalebi’s unparalleled features that will help you make the right decision for your restaurant’s inventory management.
- Real-time Inventory Management
jalebi is a cloud-based restaurant management software that enables restaurants to control costs by integrating their menu with the inventory.
It provides real-time inventory management, so restaurants can keep track of what they have in stock and make decisions accordingly which enables restaurants to effectively control costs.
- Supply Chain Management
Our restaurant operating system includes a powerful CRM tool that lets you easily integrate all your suppliers into one system.
That way, you can keep track of what you need to restock and when, and maintain optimal stock levels at all times
- Insightful Reporting
jalebi’s restaurant operating system provides restaurants with insightful reports that show the true cost of food. The information helps restaurants make informed decisions about their menus and pricing.
Contact us for more information about our stock control features.
As we come to the end of our discussion on food stock control, we wanted to leave you with some final thoughts.
Remember that stock control is a vital part of running a successful food business and incorporate these tips into your restaurant operations and streamline inventory management.
Frequently Asked Questions
- What is the golden rule of stock control?
The golden rule of stock control is to never let your inventory fall below the level where you can no longer meet customer demand.
This may seem like a no-brainer, but it’s actually quite difficult to maintain in practice.
- What factors affect stock control?
Here are the three main factors that impact stock control
- Product type
- Lead time
- What is the most effective way to control inventory?
The FIFO method is the most effective way to control inventory because it ensures that the items that are most recently produced are the ones that are sold first.
This prevents inventory from becoming outdated and reduces the likelihood of having to sell items at a discount to get rid of them.