Inventory mismanagement can quietly drain profits – whether from overstocking, expired goods, or hidden costs of unused supplies.
But with better visibility and planning, you can take back control.
FoodCost isn’t just a number – it’s the heartbeat of your operation.
Optimizing it means smarter purchasing, reduced waste, better cash flow, and a more resilient business.
Thoroughly inspect every delivery against the original order to identify:
Supply shortages or missing items
Incorrect products (e.g., substitutions not agreed upon)
Damaged or low-quality goods
Unauthorised items or unordered extras
Inaccurate pricing or missing documentation
Proper reconciliation is essential to prevent losses, enforce supplier accountability, and maintain inventory accuracy.
Improper handling of perishable goods like meat, fish, and dairy can lead to spoilage and profit loss.
To minimise waste and protect margins:
Record expiration dates directly on packaging or labels
Log all perishable deliveries immediately after receiving
Conduct supplier check-ins right after delivery to ensure quality and accuracy
Smart intake processes help maintain product quality and extend shelf life.
Implementing a First In, First Out (FIFO) system helps preserve freshness and reduce waste.
Always place newly received stock behind older items, ensuring the older ones are used first. This simple method safeguards product quality and cuts unnecessary loss.
Work with standardised units to simplify tracking.
Compare what was ordered to what was actually delivered.
Accurate item tracking is essential for operational control, waste reduction, and effective food cost management.
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