In the restaurant industry, time is money. Restaurant owners and managers need to ensure that their businesses are running efficiently and profitably, but one of the biggest challenges they face is managing their stock and ingredients.
Are you a restaurant owner or manager struggling to keep track of your inventory? Are you finding it challenging to order supplies and minimize waste while maintaining profitability? Do you often experience errors in your stock and ingredients management process that affect your bottom line? If so, you’re not alone. Keeping track of inventory, ordering supplies, and minimizing waste can be a time-consuming and error-prone process. Additionally, menu items that are not profitable can eat into a restaurant’s bottom line, making it difficult to maintain profitability. But with ‘bld order.’s smart stock management solution, restaurant owners and managers can streamline their inventory management and improve their business performance.
Manage Inventory
Running a restaurant can be a hectic and stressful experience, especially during peak hours. It can be challenging to keep track of inventory during busy periods, leading to potential waste, theft, or overstocking. But with ‘bld order.’, you can run inventory counts and track inventory quantities and usage in real-time. This means that you can quickly identify any discrepancies and keep your inventory levels up to date. You can also receive alerts when inventory levels are running low, so you can reorder supplies before they run out.
Let’s say that a restaurant owner notices that they are consistently running out of a popular menu item during peak hours. Without the right tools, they might not be able to identify the cause of the issue. With ‘bld order.’, the restaurant owner can quickly identify the ingredient and track its usage in real-time. They might find that the ingredient is being used more frequently than anticipated, leading to overstocking and waste. By adjusting the ordering process or portion size, the restaurant owner can reduce waste and avoid running out of the menu item during peak hours.
Optimise Menus
Menu items that are not profitable can be a significant drain on a restaurant’s bottom line. However, identifying these items can be challenging without the right tools. With 'bld order.', you can analyze your menus in real-time, tracking menu items costs, orders, and profitability. This means that you can identify your most and least profitable items and make changes to your menu accordingly.Suppose a restaurant owner wants to introduce a new menu item to their menu. They can use ‘bld order.’ to analyze the cost of the new item and its profitability. By identifying the cost of the ingredients, the restaurant owner can determine the price to charge for the new item, ensuring that it is profitable. Alternatively, the restaurant owner may find that a particular menu item is not selling well. By identifying this issue, they can remove the item from the menu or adjust the price to improve profitability.
Analyse Sales and Costs
Making informed decisions is crucial to running a successful restaurant. To do this, you need access to accurate and up-to-date information about your sales, expenses, purchasing, and menu reports. With 'bld order.', you can access advanced reports and analytics, allowing you to make faster and smarter decisions based on real-time data. For example, you might analyze sales data to identify which menu items are selling well and which are not. You can then adjust your menu to reflect these findings, improving your profitability.Let’s say that a restaurant owner wants to analyze which menu items are the most popular during a particular day or time period. By using ‘bld order.’, they can access reports and analytics that provide real-time data on sales and menu item popularity. They might find that certain items are more popular during certain times of the day or week. By analyzing this data, the restaurant owner can adjust their menu or pricing strategy to cater to their customers’ preferences, improving overall profitability.
‘bld order.’s smart stock management solution is a powerful tool for restaurant owners and managers who want to streamline their inventory management and improve their business performance. With the ability to manage inventory, optimize menus, and analyze sales and costs, restaurant owners and managers can make informed decisions based on real-time data. So, if you want to run your restaurant more efficiently and profitably, sign up for ‘bld order.’ today or read more about our other features to see how we can help you achieve your business goals.