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....