Food waste can certainly make or break a restaurant or hospitality business. When you throw away food, you’re effectively throwing money away which can severely impact your bottom line. Do you have an efficient way to prevent food spoilage by taking control of your inventory? Implement these simple steps to reduce food waste and manage inventory for increased profit margins and in order to prevent potential insurance claims.
Make the Most of Ingredients
If you have any ingredients that are only used in one dish, you’re likely to end up with problems. It can be difficult to predict how much of this item you will need every week, and it’s also likely that this item will spoil if the dish isn’t or doesn’t remain popular.
Always aim to get the most out of every ingredient you have by spreading them over a number of dishes that can be easily tracked. If you end up with an extra case one week, create a special item on the menu to use up items before they go off.
Have Strong Management
Your budget can take a hit without productive team members who understand how to order, track, and stock inventory properly. Make sure to hire a trustworthy and experienced inventory manager who can improve your profitability and manage your inventory software.
Allow for a Better Shelf Life
Food items exposed to air, light, and moisture can spoil quicker than that of which is appropriately stocked. Improve the overall shelf life of your ingredients by keeping them in controlled storage conditions, and using airtight containers. Be sure to label everything, so you know which food items must be used up first.
It is expected for vendors to make mistakes everyone once in a while. They may forget a few items in the order or unintentionally deliver spoiled or wilted items. But if those little mishaps begin to occur too frequently, it can cost you a significant amount of money if it goes unnoticed. This is why it’s important to inspect each order upon arrival and to send food back if something is not up to your restaurant’s standards.
Implement Accurate Inventory Tracking
Without an inventory management software system, it can be very difficult to prevent food spoilage from occurring at any restaurant. If your restaurant throws a significant amount of food away each day, it can heavily impact your profit margins. It is important to have simple tracking means for the trends of each one of your ingredients to prevent waste. An inventory tracking system can help you order the proper amounts each and every time, so you never waste hard-earned profit.
About Daniels Insurance, Inc.
At Daniels Insurance, Inc., we have a unique understanding of the risks that people like you face on a regular basis. With the backing of our comprehensive coverages and our dedication to customer service and quick claims resolution, your business will be fully protected. For more information, contact us today at (855) 565-7616.