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Inventory Turnover Ratio for Restaurants: Maximizing Inventory Efficiency

Synergy Suite

DECEMBER 14, 2023

Strategic procurement practices, such as negotiating favorable terms, bulk purchasing , and securing competitive prices, can positively impact inventory turnover ratio by minimizing the overall cost of goods sold (COGS). Utilize historical sales data, market trends, and customer feedback to refine your forecasting process.

Menu Planning 52
Menu Planning Information Procurement Training 52
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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

NOVEMBER 30, 2023

Labor costs can be further divided into two main categories: Back-of-House (BOH) Labor: This includes kitchen staff, such as chefs, cooks, and dishwashers, who are responsible for food preparation and maintaining kitchen cleanliness. Implementing strategies to manage these expenses can lead to cost savings.

Portion Control 52
Portion Control Scheduling Pricing Training 52
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