The Best solution to run your restaurant business successfully is by using Unavupos. If you think otherwise, it just may lead you towards a loss, as all the restaurants in the area might already have upgraded to the next, faster and cheaper platform. The traditional POS software seems to be ineffective, so we have created a new generation pos such as Unavu POS provides a user-friendly interface that is easy and appealing.
Unavu Restaurants’ Inventory Software
Unavu POS gives the freedom of updating the software every time a window pops up. The software takes care of everything, making you stop worrying about every problem you can recoup the investment within 10–12 months. This is not a bad bargain considering the benefits it has to offer. It is a business tool that delivers a return on investment. You just have to measure how quickly you’re going to get that return.
You need to work to identify what procedures will guarantee you a success, and all that, from a combination of hardware and software, promising to give you true tangible benefits.
Unavu Point of sale system stores the details of all your customers and they can be easily retrieved, just by entering their names in the system. You can scan your client’s preferences, interests, contact details, even birthdays, in short, their entire purchase history faster. Furthermore, with this information, you can provide incentives, special discounts and promotions to entice the customers. considering this information to develop customer loyalty also increases the chances for both, up-selling and cross-selling.
By keep on updating of inventory levels, customer preferences, and increased sales, your Unavu application can produce accurate reports that easily projects the state of your business. You can control any desired specifications that might be underperforming or creating a problem. As these accurate reports are updated on the database, it results that now each unit need not have to generate individual paperwork. The minimized paperwork and goals help the accounting process operate quickly.
Seasonal trends can’t be forecasted just by flicking through past records. Your Unavu POS system has a built-in inventory management tool so you can access the details of recent fluctuations in the demand. You are able to view and track the inventory, accurate up to the last product. For example, the shortage of stock like vegetables, flour, oil will be easily noticed by your management system and so you’ll be able to easily calculate how many of an item you need to order.
If you own many restaurants or a small separate restaurant, you can use real-time data from your business to gain insights and make smart decisions, quickly that will ultimately make your restaurant more profitable.
So where do you get this data? Whether it’s information about staffing schedules, table turns or menu changes, you’d actually be surprised at how much data your restaurant is generating on a daily basis. You just need to make a point to collect that data and then use it effectively.
Now let’ assume you have gathered this data. You must react quickly and that is a challenge for most restaurants. Let’s face it … the faster and more accurately you can fetch and analyze information, the better chance you have to make real-time decisions that will lead to a profitable restaurant
Guest check analytics and other data gathered by your POS System is key, but your business may also have access to data from other sources, too, such as video security cameras, payroll services, or a customer loyalty application. If you’re not using all this different data, you’re missing out on important information that should guide your decision-making.
That is why many restaurant technology specialists suggest Using a Cloud-Based Restaurant Software real-time service that gathers actionable data from a variety of sources and delivers it — in real-time — to the smartphones of store managers. This information can be used to help operators:
By taking select staff off the clock when Overtime Alerts warn an employee is nearing overtime thresholds or when Labor Cost Alerts that show that sales are dropping off after a lunch or dinner rush.
On making special attention to special customers when the VIP Alert shows a big spending customer just ordered an expensive item or when the Prep Time Alert shows that particular Table has been waiting for the amounted time
By using Unavu POS Inventory Management control stock in and stock out so it gives us the information of the usage of stock and the wastage. So even the smallest restaurants can profit from real-time data collection. And with increased competition
Restaurants business needs great management skills. Right from managing the reservations, booking tables, to keeping a tab on timely delivery of orders, each aspect required to be managed up to perfection. Any delay or error by the restaurant management it can lead to major customer dissatisfaction.
The best way to avoid such errors in the restaurant try to use a Restaurant Management Software also known as Point of Sale Software As restaurant sales depend on many aspects like weekends, school exams, weather conditions and even sporting events, it becomes increasing important to forecast the sales. However, Best Restaurant Management Software provide in-depth details & reports to maintain all the aspects of restaurant management. Below are features that increase your organisation’s profitability and become the catalyst for its growth.
Smooth Management of Recipes
Best restaurant management software store all the recipe details to ensure consistent food quality and taste for multiple customers and across multiple branches. Managing table layout and guest management –The bottleneck of any restaurant is its seating capacity. Efficient management of tables thus becomes a necessity. A Cloud-Based POS Software can aid in carrying out this activity and also manage advance reservations.
Stock out & overstocking can be critical issues for a restaurant. With the Inventory Management functionality, you will get the complete account of the items used and alerts for ones that are getting over. This will help in proper planning and also control the working capital in the business. Reporting of food cost – After rentals and labor, food costs are typically the largest expense for any restaurants.
The food cost reporting of the restaurant management software can show you the actual vs predicted cost and the accompanying difference. This is done by researching on the cost variation in the same item offered by different stores along with a list of top and bottom pricing. These features become increasingly important in Multi-Branch organizations.
Decreases Product and food wastage
Wasted food is also another critical cost centre for a restaurant. The product planning will give you a real-time report for the amount of food that is wasted that contributes to lowering the waste generated.
Labor Cost reports
The labor cost report is one of the best features of restaurant management software. It has each and every information on your staffs and even the particular staff’s hourly, daily and monthly hour utilisation. With this report, your staff schedule can be improved.
Automated sales forecasts produced every week/month along with charts in the software would show your progress, real-time history, sales progress and multiple department forecasts.
The Unavu Restaurant Management software is made easy, quick and accurate. The software can work for any aspects of restaurant Management such as quick services, Dining orders, Takeaway orders, KOT & Chef services in your restaurant. It also has report generators that archive history of sale records and it can be used for Staff scheduling, table management, reservations and online credit card and gift card authorization. A restaurant owner’s dream
Unavu POS helps you with strict control on raw material procurement at correct rates, issuing in the right quantity at the right time. It keeps to check and constant on food costing and improves quality. The software also creates production for sold item and raw material based on the sold items. The food costing report is based on the real-time sales and stock journal entries.
Store and Inventory
Are you still using paper and sheet, issue notes or Excel to manage your inventory? Manual record keeping makes it difficult to maintain records (e.g. used items and out of stock) and corruption (e.g. suppliers billing or quality at higher prices). This eats up a major role in the operating funds and directly affects profits and guest services.
Unavu Application comes with inventory control system for procurement, purchasing, storing,production with stock verification. It comes with an effective store control that prevents malpractice and corruption. It also supports stock take and keeps a strong check with inventory reports to enhance checks and balances.
Procurement and Purchasing
An operating restaurant needs to store many items with different computation patterns, minimum order quantity and supplier. This makes it difficult to maintain a good inventory position and at the same time do not run out of stock position.
The Unavu software module automatically lists out the items that need to be procured with re-order quantity based on consumption during a specified period and predefined supply lead-time. It ensures that receipt of the quality of goods and also specified in the purchase orders. It helps you to maintain the record damaged goods and existing goods, in-delivery and out-delivery of goods-all backed by a robust audit system to ensure the compliance with the business policy.
The purchase module instantly show the history details about last purchase details and you can able to fills last prices by entrée.. It enables you to classify each purchase and tracking and monitor good and bad suppliers. It also helps to create masters records when you are adding new products. You can even define rate contracts or price lists for supplies.
Stock-In and Stock-Out Balances
Stock-in and Stock-out wills helps to detect and discourage malpractice in store management. Storage existing with many items on a daily basis, a full stock in one go is not practical. Unavu Software helps to record the stock of items based on random warehouse, group, bin, etc. It also simplifies the periodical stock-in and stock-out and recording of the inventory count. The physical stock check is reconciled with the inventory records and helps to handle such a missing stock. It also allows to make the necessary correction with automatic adjustment for excess or Storage
Newly started restaurant are using touch screens for ordering the food items, we even need them, if your please is cool. If the managers of new e-ordering are to be believed all that’s needed. Touch screens system will added a successful and it was attracted for customers. Why? Because touch-screen ordering has a few interesting benefits.
By using the touch screens in restaurants, waiting staff may no longer need to take orders, but serve alternative as delivery customer between kitchen and table. With High quality dining founding still avoid the touch screen in favor of the traditional personal touch in orders taking, fast-food and attractive priced restaurants are increase the customer fingers do the ordering. The restaurant business, touch screen technology suit your operation.
The main use of touch screen technology in food establishments is for ordering. New items on the menu catalog can be added and easy, and resigned or unavailable items can be as removed. Guide can customize orders, such as adding extra seasoning or toppings to a fried kitchen, or “claim” an unwanted additive. At demonstration establishments, customers can order another drink or side order without trying to attract a busy waiter’s attention. Touch screen ordering should decrease the time for order placement to fulfillment the customers.
In few restaurants, especially in fast-food facilities, touch screens are replacing cashiers. Customers can pay the bill amount with a debit or credit card, swiping the card either at a device located at the table or the order counter. You can exactly track your customer’s orders as well as which menu offerings appeal to certain demographics. Some touch screen computer systems allow diners to navigate up the checks and pay for group orders.
With touch screens, also known as point-of-sale systems, restaurant organization and inventory management is up-to-date. Track the items customers are ordering while keeping update in inventory. Because of its efficiency, the software in a touch screen system ensures that food items will not be misplace orders through the supply chain, avoid the spoilage and shortfalls. Ordering and delivery information is available, depending on the type of software used by the restaurant.
In a busy kitchen, touch screen use to clarifies orders to avoid the confusion for chef and staff, making mistakes less likely. Once the customer or waiter using a touch screen to places an order, it heads to the kitchen section . If your kitchen service is more efficient. Managers can indicator exactly what time an order was submit and how long it took to reach the customer table . If your restaurant having any delivery service, touch screen ordering with some systems denotes the order’s destination along with directions for the delivery person.
So we refer your Unavu Point-of-sale software for your restaurant,and it give End to End solutions for your business to increase sales, serve customers better….
UnavuApp stock and inventory management module helps you keep a tight control on the stock, and works to prevent wastage and theft.
Integrated Purchasing and Receiving
Manage the overall circulation of food, where the food is prepared at the base kitchen, and then sent to the other outlets.
Multi Store Management
Raw Material Management
Analytics and Reports
Generates Profit and Loss (PnL) reports based on stock sale/purchase and consumption.
You can optimize your restaurant operations based on the reports.
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Inefficient inventory management can ruin your business. Be aware that we’re all prone to making costly mistakes that can spell the end for your business. Even Nike wasn’t immune. In early 2000s, lack of inventory control led to the loss of, hold your breath, approximately $100 million in sales.
Fortunately, they were able to bounce back by using a better inventory management system.If it can happen to one of the biggest companies in the world, it can happen to you too.
We’ve rounded up the top 5 inventory management mistakes businesses make and the possible solutions:
Failure To Accurately Forecast Demand
Nike’s problem stemmed from inaccurate forecast demand. Its software had bugs and errors and produced erroneous forecast, which they used for their manufacturing plan. As a result, they didn’t have enough products their customers wanted and overproduced on items that were not sold.
Inventory management systems, first and foremost, must be free from bugs and data errors. Demand forecasts are critical to producing the right number of items and if the calculations are off, you’re in trouble. The answer is very simple: invest in an inventory tracking software that provides accurate data, like UnavuApp.
Lack Of Automation
If you’re still tracking inventory with Excel, then you could be losing money. Manual tracking takes too much time and won’t get you results. You’re wasting resources and that keeps you from focusing your energy on other areas that can help grow your business.
Sterling Lighting, a company that specializes in LED light bulbs and outdoor lighting applications, saved a lot of money by using a cloud based inventory management software that helped them automate tasks. They were able to cut down on unnecessary labor costs and subsequently were able to spend more time focusing on growth.
For most companies who are still using software that’s installed on local computers, issues are common because not everyone knows how to use it properly. When there’s so much to do and only one person who’s familiar with the system, you can get left behind in orders. Lack of proper training can severely affect your ability to keep up with orders.
Cloud-based inventory management systems are beneficial in so many ways:
They have easier learning curves and it shouldn’t take long to train employees properly.
Easy access even for those who travel a lot.
No need to have separate people process orders, check stock, or track inventory. NZ-based jeweler Nick Von K found inventory management very annoying and unproductive because it divided his team’s time between administrative tasks and stock management but by using an online inventory management tool, they were able to streamline their operations and focus on expanding the business.
Inefficient System Implemented Inside The Warehouses
It’s not uncommon for warehouse managers to fail in finding more efficient ways to handle business. Simply rearranging goods so they’re easily taken out for shipment can save you thousands of dollars. Often times, employees take too much time going through the facility, looking for an item. Always remember that wasted time is money lost.
A simple solution is to figure out which items sell more and place them near the shipping area so they can easily get sent out. Sales reports should give you a good idea which items to put close to the door. Additionally, don’t randomly put stuff where there’s available space. Allot a specific area for each product based on popularity so they can be easily retrieved.
Less Frequent Inventory Checks
Many companies cease operations for a day to check inventory. This can result to profit loss. It’s worse for huge businesses that have so much inventory; they can end up profitless for weeks.
This is an outdated method and one that’s not productive at all. You’re better off scheduling more frequent regular inventory checks to keep the company from shutting down operations and missing out on sales.
Using an online inventory management system will eliminate the need for this. A reliable system, like UnavuApp, will keep you updated on the status of your inventory in real-time.
Inventory management can be tedious but using a streamlined process, preferably one with a reliable tool, will greatly reduce mistakes and improve operations which can lead to more sales.
Inventory consists of all the items or raw materials required to prepare dishes in the restaurant, and inventory management system helps you track each ingredient used in the dish. Inventory management systems integrated with the restaurant POS allows you to control and organize each and every aspect of the stock, maintains a smooth flow of supply and also helps you boost your overall profit. As the volume of business grows in a restaurant, inventory management becomes a important part of restaurant operations.
• Daily stock consumption report generated
• Provides up to date reports of item (available, not available, over stock, under stock)
• Track of material demand, re-order level and closing stock of F&B
• Tracks moving stock items inward / outward, material wastage, procurement and expiry dates
• Track of material consumption and its automatic updation into inventory
• Recipe management in Point- Of-Sale software is a very helpful tool in our system which track material as well as items that are over in the kitchen
Here are the essentials of inventory management that you should practice
Monitoring the stock:
You must always remember to organize your existing stock before bringing in a fresh stock. Unavu POS inventory management software gives you the available stock count at the beginning of the day, and the stock closing at the end of the day. It calculates the balance stock automatically, and tallies it with the available physical stock.
Raw material management:
Managing the inventory smartly is essential to avoid wastage. Use these points to make sure that your stock is efficiently used.
• Try to adopt minimal stocking approach for your restaurant inventory, especially in case of the perishables.
• Try to use seasonal products. With smart menu engineering, you can use them for a season’s special. This way, you’ll be able to attract customers with something new, and also avoid wastage of perishables.
• Unavu POS prompts you to reorder when you run out of supplies. You can set a re-order level for each of your items. As soon as the ingredient reaches that level, a reminder mail will be sent to you to re-order that ingredient in advance. This prevents the embarrassing situation of running out of supplies during operation hours. This is especially helpful in case of popular items and perishable items that need to be restocked frequently. Also, ordering only when required helps avoid wastage.
• Make sure that items are being used on a First in First out (FIFO) basis. That is, use the older stock first. Only when the previous stock has been used up, use the newly purchased items to prevent wastage.
Recipe management and costing:
Standardization and management of recipe is essential for proper inventory management as it helps in curbing food costs. In a standard recipe, the quantity for each ingredient to be used is specified; therefore the inventory management system can easily judge the number of days the remaining stock will last. Random use of ingredients leads to an imbalance in the stock and causes the stock to dry up before time.
You can also get an estimate of how much preparing a dish would cost you by the help of recipe costing feature. You just have to feed in the recipe along with the portion of each ingredient, and the inventory management system gives you the food cost for that dish. This further helps you decide the selling price of that product. Ideally, the food cost should be 30% of the menu price or selling price.
Reporting and analytics
Reporting and analytic is another important feature of inventory management that helps in restaurant operations. The sales reports and the raw material usage helps forecast and create future plans. Profit and loss reports are generated depending on the stock sale and consumption. This feature further helps you to-
• Analyze inventory trends– You can analyze the inventory trends to make informed decisions such as deciding the menu. Detailed reports based on the consumption of each stock gives insights on which ingredient is the most popular, and needs to be utilized more in the recipes.
• Keep a track of stock and maintain accuracy– An accurate list of the available supplies helps you keep track of the daily and weekly usage