Many vendors are now offering Web based inventory program to
restaurants to use for taking inventory. So what is the real difference between
inventory software that you own and have on your computer or a web based
inventory software program hosted on the web?
Click here for more information….
Don’t get held Hostage by your
vendor or web based inventory systems.
Restaurant Inventory Management Software is a true
restaurant POS system inventory
management software program that includes , a food
cost calculator, Catering and Menu Costing. Restaurant
management, hospitality management or hotel management
everyone in the restaurant business can benefit from
this inventory and food cost control software. You can
easily download prices from your vendors and
automatically update your inventory, menu cost and
catering cost in just seconds. Windstar Restaurant Software is not an inventory
template or inventory spreadsheet but a full database
program that can connect to your POS system and adjust
inventory from your point of sale software. With
automated invoice processing from vendors you can see
what your food cost percentage on every menu item is every day
with the automatic food cost calculator. You
can track inventory using your point of sale system to
get the food cost percentage each day based on product usage
and the food cost formula. Inventory management
for restaurants that really works.
Are you really watching your vendors prices?
In order to price a menu you must have
accurate prices on each item in inventory and a menu and
recipe cost calculator with the correct food cost
formula. This will give you your correct food cost
percentage on each item daily. Failure to
monitor vendor prices as you receive your invoices can
prove to be a costly mistake. If the price of a product
that you use goes up just a little every other week
think about how much your food cost and menu cost
increases over time. One of the big aspects of food
service management is food cost control and
profitability. Windstar restaurant software
alerts you to every change in cost of every item. You
can view any trends in food prices and follow the
changes of each product. Accurate food inventory can be
enhanced even more by linking with your point of sale
system. Will your current inventory template or
inventory spreadsheet let you easily compare prices
between multiple vendors?
One of the two most ask questions in restaurants,
caterers and hospitality management is how to calculate
food cost or how
to use a recipe cost calculator. These questions all relate to managing
your restaurant food cost percentage. The first part of this answer is do you have
an accurate restaurant inventory system that keeps prices and cost
updated each day. After all how to cost a menu depends
on having accurate cost for all of your food and
supplies and that need to be easy or your cost simply
won't get updated. Windstar can download and update
inventory and menu cost from most vendors. This
eliminates the need to hand key each invoice. You can
download and process most vendors invoices in just
seconds. This makes sure your inventory cost are always
correct and updated. The next step in answering
how to cost a menu is to set up each menu item and
recipe in a tool like a recipe card that breaks down
each menu item into ingredients. This should be tied
directly to your inventory so that each time a product
in inventory changes price the ingredient cost is
updated in the food cost calculator to show current cost
and profit for each item.
When you have established the current food cost of each
menu item you need to know when the cost changes and by
how much. This change in menu cost needs to be tracked
so again we are back at what is food cost or what is
menu cost. We need to track menu cost changes so that we
can answer the continuing question how to price a menu.
How to price a restaurant menu is an on going task as
menu cost and food cost are always changing. If we fail
to react to changes or increases in food cost we can
have loss of profits.
Restaurant point of sale systems all do a good job of
tracking how many of each menu items sold. However most
do not have a good easy to use inventory system. Some
have an inventory template or inventory spreadsheet that
can be manually adjusted. Quality restaurant software
should be automated where you can easily download
purchases from suppliers on just a few seconds and
update your inventory prices and quantities. And they
should do this for free with no hidden charges.
Windstar restaurant software downloads invoices from
vendors like Gordon Food Service, Sysco, US Food and automatically updates menu item cost
with each received invoice. If you want to know how to price a
menu this hospitality management restaurant software
keeps menu cost updated automatically showing you true
cost and profits every day. Link this software with your
point of sale system and have automatic inventory
tracking giving you the best food cost pricing and food
inventory. Restaurant food cost has the one of the
biggest impact on restaurant profits and is the hardest
to keep track of. In today's market menu cost needs to
be monitored each week at minimum to control food cost
for restaurants. Any culinary chef will love this menu
costing tool and menu design software.
Menu design is a critical part of marketing your
restaurant. Our menu planning tool lets you create and
cost thousands of menu items and automatically keeps
ingredient cost current with your food vendors prices.
Knowing menu food cost means knowing your profit
potential on each menu item. As menu cost is updated
each week from your inventory and vendor invoices you
are alerted to any changes in each items menu cost
factor and are able to adjust the selling price and or
change ingredients and portions to react to market
Pos or Point of sale inventory tracking gives you the
sales mix of all your products and having current cost
will show you the profit matrix of your menu. Placement
of items in your menu design will effect your sales mix.
How to cost food on your menu is tied directly to your
knowing what the true cost is. In finding the true cost
of a menu item you should include not only food cost but
other cost that directly impact profits such as any
paper goods or even labor. This will show you a better
look at true profit and cost.
Catering is another area where Windstar restaurant is
ahead of other restaurant inventory programs. caterers
need up to the minute cost and profits from their
catering menu. Catering cost change almost every day.
Knowing what your catering cost is on your catering menu
allows you to quote catering events in just minutes. You
need to manage your food inventory so that you have all
the products needed for the event according to your
catering menu and after the event is done you should
have very little of the inventory left over.
Downloading vendor invoices to update
your restaurant inventory is the biggest time saver
ever. When you download an invoice from a big food
vendor like Sysco, US Foods or Gordon food service you
can instantly update the restaurant food cost and
restaurant menu cost of every item on that invoice. This
not only updates each item in inventory but recalculates
the ingredient cost of those items and then recalculates
the restaurant menu cost for every menu item. Keeping
menu cost updated is essential to knowing the
profitability of each restaurants menu cost per item.
Compare prices between vendors to
see who has the best cost for each item. There is more
to comparing products than just price. You must take
into consideration the products yield and weight to get
the accurate cost per like item.
There are many restaurant menu
templates available but this restaurant software
keeps your cost for each menu item updated
automatically. As a recipe cost calculator with the
ability of a complete restaurant food cost tool
you can utilize it for food and beverage cost control.
Not just a recipe costing software but a complete food
and beverage inventory control system you can download
invoices from vendors and update your recipe cost of
each item every day.
We work with MICROS POS, Future
POS, FOCUS POS and Aloha POS and many other POS
System companies. Many restaurant POS System do not have
an easy to use and accurate POS system that can also use
invoices from vendors to automatically update both the
inventory with purchase price and cost while at the same
time the food cost calculator calculates food cost for
each menu item each day.
Food Cost Calculator
Restaurant Food Cost
Food and Beverage Cost Control