Product Management is a comprehensive application designed to streamline a restaurant's day-to-day business processes for ordering, receiving and inventory. Using a unified database, Product Management (PM) maintains real-time information on inventory levels, recipe ingredients and costs, competitive bids, as well as actual versus theoretical reports.
Greater Control Than Ever Before
· Ideal vs. actual product usage tells you where costs are out of line
· Real-time inventory variance and cost data deliver the information to solve critical issues
· Menu engineering identifies menu item performance rating from “star” to “dog”
· Suggested ordering provides precision ordering tools on what to buy, how much, and from whom
Flexible Inventory Management
· Supports multiple costing methods, units, and counting locations
· Maintains a perpetual, real-time inventory balance and variances
· Supports scheduled count tasks for end-of-period inventories and unlimited ad-hoc inventories
· Supports multiple cost locations
Detailed Recipe Management
· Recipe and cost assignments linked to POS menu items
· Real-time depletion of inventory
· Supports prep and serving instructions including pictures and videos
· Prints recipe sheets or cards for your kitchen
Suggested Ordering
· Provides recommended order quantity and stock on hand
· Selects a vendor based on your criteria (preferred, best price, contract)
· Tracks and analyzes vendor bids
· Ability to schedule par levels
Complete Receiving
· Converts purchase orders into receipts and updates inventory levels
· Matches packing slips to invoices for reconciliation
· Provides historical purchases by vendor
· Prepares data for export to third-party accounts payable applications