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