The Hidden Costs of Poor Stock Management in Hospitality
In the fast-paced world of hospitality, every penny counts. Yet, poor stock management continues to quietly drain profits from many restaurants and pubs. While daily operations keep staff busy, overlooking stock control can lead to significant — and often hidden — costs.
Why Food Stocktaking is Essential for Pubs & Restaurants
Introduction Food stocktaking is often overlooked in busy pubs and restaurants, yet it plays a crucial role in profitability and efficiency. Without proper stock control, businesses face excessive food waste, over-ordering, and shrinking profit margins. This blog explores why food stocktaking is essential and how it can transform your business operations. 1. Reduces Food Waste […]
The Steps Of A Successful Food Stocktaking Process
It is essential that you run a food stocktake in your catering or hospitality business at least once a year as a very minimum as this will allow you to maintain healthy inventory levels and minimise food losses – and it will keep your accountant happy too. However, stocktakes can be time-consuming and frustrating, while […]
Most Common Reasons For Stock Variances In Your Food Stocktake
When you are completing your monthly food stocktake you may notice some stock variances, these can occur from time to time, but we have put together the most common reasons for stock variances enabling you to be able to solve the mystery and make changes to avoid stock variances on future food stocktakes.