Sculpture Hospitality

APRIL 30, 2024

Effective inventory management is the backbone of a successful restaurant operation. As profit margins in the hospitality industry can be razor-thin, ensuring control over food inventory is paramount for financial sustainability and operational efficiency.

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Sculpture Hospitality

DECEMBER 12, 2023

Managing inventory is a crucial aspect of running a successful restaurant business. An efficient and well-organized inventory strategy can help you control costs, reduce waste, and ensure that you have the right ingredients on hand to meet customer demand.

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Sculpture Hospitality

DECEMBER 5, 2023

Keeping track of inventory is paramount to ensuring smooth operations of your bar and maximizing profitability. The days of manual inventory management are long gone, replaced by advanced bar inventory management software that can streamline processes, minimize losses, and enhance overall efficiency.

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Sculpture Hospitality

OCTOBER 17, 2023

Inventory management is a crucial aspect of any business, as it directly impacts profitability and efficiency. One of the most widely used methods for valuing inventory and managing stock is the First-In, First-Out (FIFO) method.

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Sculpture Hospitality

JANUARY 30, 2024

Effective inventory management is the cornerstone of success for your restaurant. Strategic inventory management can reduce waste, increase your company’s profit margins and help deliver a superior customer experience.

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Chef's Resources

JUNE 1, 2024

The Ultimate Guide to Kitchen Inventory Management Keeping a kitchen running smoothly is no small feat, and effective inventory management is a crucial part of the equation.

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Sculpture Hospitality

JANUARY 31, 2023

Restaurants can manage inventory using several different methods, from creating and maintaining an inventory list to using detailed reports to make better decisions about their inventory.

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Inventory Management Management 132

Modern Restaurant Management

OCTOBER 1, 2021

Controlling a restaurant kitchen’s inventory is a key to proper restaurant management and can help avoid wasting food and space. When it comes to your livelihood, any gaps in inventory are more than mere annoyances — they could be hurting your ability to make a profit. Why Inventory Management Matters.

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Modern Restaurant Management

SEPTEMBER 9, 2022

This article will cover how implementing automation tools like IoT monitoring can save your business money, protect your inventory, and save time. An IoT remote monitoring device will allow operators to monitor critical business items such as inventory, refrigeration, HVAC from anywhere, at any time.

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Sculpture Hospitality

APRIL 11, 2023

Managing inventory effectively is one of the most critical components of running a successful bar. Running a bar can be a challenging but rewarding endeavor. From managing staff to creating a welcoming atmosphere for customers, there are many aspects to consider.

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Sculpture Hospitality

JULY 12, 2022

Bar inventory is managing, counting and tracking liquor stock at your bar or restaurant. Taking inventory counts, and ongoing inventory management, can help you gain insight into the sales trends of different beverages so you can ensure that you always have enough stock on hand.

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Inventory Bar Beverage Management 132

Sculpture Hospitality

SEPTEMBER 12, 2023

Running a successful bar requires careful management of inventory. That's where a well-organized bar inventory template can come to your rescue. Keeping track of all the beverages, mixers, garnishes, and other supplies can be a challenging task.

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Sculpture Hospitality

NOVEMBER 7, 2023

In the constant challenge to increase bar profits, inventory management stands as the unsung hero. Yet many businesses owners and bar managers are failing to maximize their bar liquor inventory in a way that drives revenue opportunities.

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Wasserstrom

JULY 18, 2023

Managing inventory in the foodservice industry is essential for ensuring profitability. Being that, we provide an overview of theft and shrinkage in the context of […] The post Restaurant Inventory Management: Theft & Shrinkage appeared first on The Official Wasserstrom Blog.

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Sculpture Hospitality

APRIL 9, 2024

As a restaurant manager, you’ve likely experienced your fair share of inaccurate inventory , inefficient processes, product waste, and potentially even lower-than-expected profit margins. The restaurant hustle never sleeps, and neither do the challenges that come with it.

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Sculpture Hospitality

JANUARY 17, 2023

Bar inventory control is essential to successful bar management. proper inventory management , bars and restaurants can end up with too much inventory, which increases tied-up capital and the risk of waste, or too little inventory, which can result in lost profits.

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Restaurant Technology Guys

NOVEMBER 8, 2022

Restaurants need the latest and most efficient restaurant inventory management tools to ensure a smooth business flow and stay completely stocked and informed. The post Restaurant Inventory Management Technology Improves Efficiency appeared first on Restaurant Technology Guys.

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Restaurateur Connection Submitted Articles

SEPTEMBER 28, 2022

How are you managing your bar's inventory? No matter how in control you are of your bar's inventory, there's likely something you can do better.

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Sculpture Hospitality

JUNE 3, 2022

Whether you’ve been researching bar inventory management systems for a while now, or are just starting out, the first option you’ll likely gravitate towards is a spreadsheet. Spreadsheets are an inexpensive and seemingly easy-to-use tool for managing your bar and restaurant inventory. But do they really work?

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ChowNow

MAY 22, 2024

Running a profitable restaurant isn’t just about selling more food or serving more diners; it’s also about efficient inventory management. For example, in most restaurants, it’s the more experienced and higher-paid restaurant managers who are tasked with taking inventory. Here’s what the experts shared with us.

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Sculpture Hospitality

JANUARY 9, 2024

Running a successful bar isn’t just about delighting your customers, it’s also about managing inventory effectively. Here’s how to do it successfully.

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Inventory Bar Management Management 128

Sculpture Hospitality

NOVEMBER 29, 2023

Managing inventory efficiently is crucial to ensure the smooth functioning, and profitability, of your establishment. Running a restaurant is a complex and demanding business.

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Chef's Resources

JANUARY 26, 2020

Managing Restaurant & Hotel Food Inventory – (Part 1 of 4) One of the most important components of managing your food cost is managing your inventory process. Controlling your month end food inventory and food cost is essential both for your business as well as for your own professional reputation.

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Sculpture Hospitality

APRIL 11, 2024

We're thrilled to share with you a must-listen (or watch) resource for anyone in the hospitality industry looking to elevate their inventory management game.

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Restaurant365

AUGUST 19, 2021

Restaurant accounting covers all areas of your business, even inventory. While you may think of your restaurant inventory as part of operations, restaurant inventory management should also be considered an accounting function. So, inventory has an important place in your restaurant accounting.

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Sculpture Hospitality

APRIL 26, 2021

In our previous blog, we discussed how to calculate your bar inventory usage through the use of a simple calculation and a bar inventory management system. This inventory usage data gives your bar insight into how your business is performing, with insightful data such as pour cost, product shrinkage, pricing and much more.

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Sculpture Hospitality

APRIL 19, 2022

Taking restaurant inventory gives you better oversight over your food and beverage stock levels, helps forecast future demand and reduces food and beverage waste. In essence, well managed inventory makes your business more profitable.

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Sculpture Hospitality

OCTOBER 18, 2022

When operating a bar, one of your main inventory goals is to ensure you have the perfect amount of stock on hand at any given time. Too much or too little inventory can have a huge impact on your bottom line.

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Sculpture Hospitality

DECEMBER 13, 2022

Liquor inventory software can be a massive help if you own a bar. It can help you keep track of stock, manage orders, and even help with bookkeeping. All of these things not only improve your operational efficiencies, but increase your profit margins as well.

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Sculpture Hospitality

JANUARY 4, 2023

A bar inventory spreadsheet can be used to help you manage your bar's inventory and costs. While it’s not as effective as an inventory management system , with the right setup, you can keep track of stock levels, pricing, and other important information related to running a bar.

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Sculpture Hospitality

JUNE 7, 2022

A bar inventory app is one of those tools and can be an incredibly effective way to manage your bar’s inventory. Running a bar or restaurant can be a seamless process, when you have the right tools to support you and your team.

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Sculpture Hospitality

SEPTEMBER 7, 2022

This means creating a menu that is profitable, reducing food and bar waste, as well as properly managing your orders and controlling the amount of inventory you hold at any one time.

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Sculpture Hospitality

SEPTEMBER 22, 2022

One of the most important steps for improving your restaurant’s profits is implementing an inventory management program. The problem is, managing food and beverage inventory at your restaurant can be time consuming, stressful, complex and can be rife with errors - especially when you use manual inventory tracking methods.

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Inventory Beverage Management Management 109

Sculpture Hospitality

APRIL 13, 2021

Counting, managing and successfully maintaining your bar inventory seems simple at first glance, yet many bars are using time-consuming, ineffective and inaccurate processes that lead to hidden costs and lost profits.

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Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. As the rising food cost trend continues, it’s time to tighten your inventory control. Automate manual restaurant inventory processes to help overcome rising food prices. Integrate restaurant inventory management with your POS system.

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