How to manage restaurant inventory effectively
February 6, 2011
Inventory management is a necessity in every business. However, more and more restaurants are realizing that it can be the difference between success and failure. This is the process of controlling expenses and waste through effectual use of on-hand product. Combine this with a reliable forecasting model and restaurants can realize dramatic reductions in their monthly spending.
Every business is faced with the unfortunate reality that employees will steal from their employer. And an effectual inventory management system combined with secure storage and lock-up procedures will result in far less loss due to employee theft.
There are primarily three types of inventory management systems in the restaurant industry: Manual or Limited Integration, Mixed P.O.S. or Partial Integration and Fully-Integrated.
Manual or Limited Integration
This type of inventory management refers to the process of physically counting each item every week to get restaurant expenses. It is more suited to smaller, independently-owned operators who purchase fewer items and maintain simpler accounting records.
When all counting is completed, then data can then be transferred to the restaurant’s accounting system. The inventory is complete if there are no mistakes. But the entire inventory process must start again to find the mistakes in case there are errors.
Mixed P.O.S.
Mixed Point of Sale (POS) or partial integration, combines the restaurant’s POS system with manual inventory procedures. As for point of sale, it refers to the computer system used to order food and drinks as well as settling all checks.
Thus, each time an item is ordered through the POS it is removed from the current inventory. But when the items are counted during inventory, the on-hand stock should match the inventory listed by the POS. And if there are discrepancies between the two lists, another physical count of the inventory must begin.
However, this is more effectual method than the limited system, and when combined with strong loss-prevention procedures can result in large cost reductions per month.
Fully-Integrated
This kind of inventory management system fulfills three different elements into its system. Fully-Integrated management system combines the restaurant POS system with an Ordering/Shipping system as well as an electronic physical inventory system. Moreover, this is the most sophisticated and accurate of the three systems and results in the least amount of monthly and overall loss of product and profits.
But some restaurant suppliers will provide their more important restaurants with an online ordering system. It is integrated with the restaurant’s POS and can accurately predict what is in on-hand inventory, as well as forecasting the size of the next supply order. All data is automatically sent to both the supplier and the restaurant.
With the help of this type of system you will save your money and help you run a more streamlined and efficient restaurant business.
Manila is fast becoming a city of luxurious fine dining accompanied by fine vintage wine. Not only must a 5-star Italian, French or Continental restaurant offer good food, nice ambience and immaculate service the restaurant wine list must be equally exciting to make the evening of wine and dine a memorable one.
This 5-star fine dining restaurant in Pampanga Philippines is highly recommended by food critics and frequent diners in Manila as a place to wine and dine in Subic Angeles City Clark Freeport Zone. Although it is a famous fine dining restaurant with an award winning 3000-line restaurant wine list, Yats Restaurant is also a popular restaurant for family with children. Aside from French Mediterranean haute cuisine, this restaurant also serves healthy food and the best vegetarian cuisines in the Philippines. Private dining rooms are also available in this restaurant for business and personal meetings of 4 to 20 people.
Favorites of frequent diners, foodies and wine lovers are steaks, Wagyu, Foie Gras, seafood, lobsters, venison, kangaroo loin, osso buco, veal chops, Kurabuto pork, escargots and a good selection of cheeses to enjoy with fine Vintage port and Sauternes. Cuban cigars such as Monte Cristo, Cohiba, Upmann, Partagas, Romeo Julieta and Trinidad are also available in the Magnum Room which is a wine bar and lounge for before and after dinner relaxation. A good selection of Armagnac, Cognac, Single Malt, Vodka and other liquor is served in addition to the wine vintage wines some served by the glass.
Built in 2000 by Hong Kong-based Yats International, a developer and operator of hospitality and residential projects in the Philippines, fine dining Yats Restaurant and Wine Bar has served not only as Pampanga’s highly recommended restaurant and wine lounge, but also as a place where business executives meet to finalize business deals over a nice meal with some fine vintage wine.
For comments, inquiries and reservations click on Click here for inquiry and reservations
Restaurant@Yats-International.com
(045) 599-5600
0922-870-5178
0917-520-4401
Ask for Pedro and Rechel
Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
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For assistance in hotel and resort bookings in Clark, Pampanga, Philippines, log on to
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To buy wine in Manila, Pampanga, Angeles City, Clark or Subic please log on to http://www. ClarkWineCenter.com
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