How You can Save on Labor Cost with a Smart Inventory Management System?

There has been a significant rise in the staff attrition rate in the US. There is around 70% of labor turnover rate in the US, as reported by Restaurant.org. In addition, restaurants bear around $5,864 for replacing and losing each hourly employee, according to a study by Cornell’s School of Hotel Administration. Since the labor cost is so high in the F & B industry in the US, it is very vital to choose a reliable restaurant POS system with stellar inventory management which requires minimal labor. Here are the benefits of choosing a great inventory management system to save on labor cost – 


Automated Inventory Tracking 

It is not easy to monitor and check inventory with due diligence. But you can significantly make this operation smoother with an inventory management system. It optimizes the inventory in different ways. You can easily track the stock which is currently available at your outlet. You can always stay in the loop about the beginning and closing inventory. 


It sends you the variance report and it tells you the difference between actual stock that must be consumed throughout the day and the actual stock which lasts till the end of the day. You can always get the detailed reports about the demand of products in outlets to make informed decisions. It is also much secured and you can easily access them on the go as all the information is on the cloud. 


Kitchen Management 

It is very vital to set up a base kitchen when it comes to running a restaurant chain or an enterprise. The process needs a workforce as it is very long. You need to semi-process all the raw materials in the central or base kitchen and distribute to several outlets. You shouldn’t try to manage it manually as there are chances of manual errors. This way, an efficient POS system with kitchen management option can make the operations of base kitchen streamlined. 

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