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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Effectively managing food costs is essential for maintaining profitability and sustaining a competitive edge and involves monitoring ingredient prices, negotiating with suppliers, minimizing waste through proper inventory control, and implementing portion control practices.

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Utilizing Waste and Food Cost Control Data in Restaurants

Synergy Suite

Monitor portion control and inventory to control costs. The formula for food cost as a percentage is pretty simple and can be done with a basic calculator (or reporting and analytics software ). Ensuring accurate documentation of recipes and consistent portion control is crucial.

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Understanding Inventory Variance: Why It’s Important for Restaurants

Synergy Suite

Portion Control Issues Inconsistent portion control during food preparation can also lead to inventory variance. If your chefs and kitchen staff are not following standardized portion sizes, it can result in overuse of ingredients and increased food costs.

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Gross Profit Margin: A Guide for Restaurants

Synergy Suite

Efficient portion control and recipe standardization can reduce waste and control expenses. Nurturing strong supplier relationships to negotiate better pricing on quality ingredients is vital to control costs. We offer restaurant analytics software that captures and presents your data in an easy-to-understand dashboard.

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Restaurant Operations Overview: What You Need to Know

7 Shifts

For example, kitchen managers rely on software to let them know how much expected inventory they have in stock. Portion control in the kitchen saves on inventory, which helps keep the restaurant profitable. Tools used by restaurants to develop this process include inventory software and checklists for when deliveries arrive.

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7 Tips to Control Restaurant Spending in 2022

Restaurant Engine

With the right software, you can track the costs of your goods sold. You can stay on top of trends in your inventory spending so you can adjust quickly to control spending. #3: 4: Take a Look at Portion Control. Does your kitchen staff serve portions that are too big? 2: Track the Cost of Your Goods Sold.

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COGS: Cost of Goods Sold Considerations for Your Restaurant Business

Synergy Suite

By emphasizing robust inventory control as a solution to ingredient waste and spoilage, restaurants not only enhance their sustainability efforts but also optimize costs, contributing to a healthier bottom line. Portion Control Portion control stands out as a key strategy in addressing the pervasive issue of ingredient waste and spoilage.

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