Guide to maximize inventory utilization in your restaurant with automation

1. GUIDE TO MAXIMIZE INVENTORY UTILIZATION IN YOUR RESTAURANT WITH AUTOMATION! ER. PIYUSH NAGAR

2. Index Introduction 3 Why need to maximize inventory utilization in your restaurant business with automation? 4 Benefits: How inventory utilization can boost with automation? 5 How can you use automationfor maximum utilization of your inventory? 7 Conclusion 9 Get in Touch 10 2

3. Introduction Inventory is the critical resource for any business to run, especially those businesses which runs on the raw materials, FMCG items, con- sumer durable parts and stocks. Such firms need to manage their inventory all the time to keep executing their sales, marketing, and other operations. Some inventories are perishable while others can last for years with- out any wear & tear, or expiry date, irrespective of ageing. Likewise, inventory plays a crucial role in the restaurant business, as their entire activities depend on it. If you’re out of stock- none of the menus can be prepared. And You’ll be all down! A balanced invento- ry needs to manage if you own or run a restaurant to make sure the food items can be prepared and served anytime if a client asks! But this is not only about stocking up the inventory. You have to ensure its maximum utilization as well; else, again, there is no fruitful sense of having it. If you consume raw material in your restaurant more than its need; you will make your business balance sheet neg- ative. Which is why it is not only about inventory stocking, but its utili- zation to the fullest as well. So, how you can use automation in your restaurant or Food & Bever- age Industry, especially for inventory management, to get maxi- mum out of it? This eBook is all about it and will help you find methods and tactics related to automation you can use in your restaurant and food & beverage industry. 3

4. Why Need to Maximize Inventory Utilization in Your Restaurant Business with Automation? Indeed, this is an essential question need to be addressed for the restaurant business because you can’t run things if you don’t have enough or adequate raw materials in your stock. Or you have high priced ingredients, which, if cooked, will cost more than the dish itself! And, you can’t afford either of the situations. Hence, the question comes of maximum possible utilization of the inventory and how to achieve it with automation?- after all your core purpose of the business is to generate profit and help you grow fur- ther! Right? Inventory in the restaurant business comes with an expiry date. You have to use them before they expire. So, you have a limited time for its use. But it doesn’t mean you should consume materials more than its needs because it is perishable or about to expire! It is again not the optimum utilization of your inventories. Apart from this, managing inventories is another task because it's not possible to manually manage stocks, every time before you plan to cook a dish! Here comes the restaurant automation for inventory management and why it is the most suitable and reasonable for your restaurant? Remember, automation makes your restaurant business operations, mainly inventory utilization, quite easy to execute. Also, it makes in- ventory management fast and undoubtedly accurate. It is thus im- proving restaurant performance and overall profit. 4

5. r e s t a u r a n t 50% Off Dinner Why Need to Maximize Inventory Utilization in Your Restaurant Business with Automation? 1 It is dynamic. Depends upon the external market factors! 2 Perishable. It comes with an expiry date 3 Requires efforts, money, and time to purchase 4 It required vendors management 5 Needs space to store and an efficient system/ automation to manage it 6 Needs a constant ob- servation to avoid theft and wastage 7 Needs transportation between outlets 5

6. Benefits How Inventory Utilization Can Boost with Automation? Well, this can’t be summarized in just one paragraph as this is still the topic of further exploration and research. But here are some of the strong reasons which indicate the positive effect of automation in inventory management & its most possible utilization. Automation helps you in stock and material management, faster and accurately. You can also ensure error-free stock management and purchases. Also, it saves time in inventory management. Hence, restaurant automation makes such tasks easy & super-quick to ex- ecute with just a touch, or click! Isn’t that awesome? With automation, you can better make decisions like vendor selec- tion and stock purchases. Why is vendor selection is essential? Well, a professional vendor always keeps a fresh stock of raw materials at a reasonable price. These small savings can bring a huge difference in your overall expenses. Apart from this, new raw material helps you keep the food taste better and consistency over a long time. With automation, you can see and calculate the amount of inventory purchased, at what price and with whom! Analysis at this level helps you decide which vendor to chose and why! Ingredient finalization is another small but very crucial part of a dish cooking. Consumption of food items more than its requirements is going to empty your inventory/ stock, which will lead to its further purchase. Thus, increase your food preparation cost! Automation helps you decide and finalize the number of items needed for a dish and in what proportion! Management of inventory at this level saves your valued raw material and avoids wastage, hence maximize its utilization. 6

7. How Inventory Utilization Can Boost with Automation? 1 Better, faster and accurate stock & raw material management 2 3 Smart in decision making for vendor selection and stock purchase It helps you keep the food taste unchanged, with smart inventory management 4 Ingredient finalisation: Automation channelises raw material consumption by finalising ingredients 5 6 It helps to avoid overstocking of raw material It helps to prevent the situation of insufficient inventory: Trigger alert for low inventory/ stock 7 Keep a record of how much stuff has been consumed; when and where (for multi-outlet business) 8 9 Helps you generate a detailed analysis report of restaurant performance (about inventory) Minimise the waste produced 7

8. Have you overstocked raw material or have inadequate inventory? Well, both situations are not acceptable in a restaurant. Because in either condition, you will be in loss or not in the state to cater to your customers! So, how to avoid it? Well, again, automation is the key to this solution. With an efficient restaurant management tool, you can better see how much stock is left and when to purchase more so the kitchen keeps running. Also, you can monitor which raw material is in an adequate proposition to help you avoid its extra purchase. Want to see how much material has consumed; when and where (for multi-outlet business)? Well, you can get a detailed analysis report with restaurant automation like Restro Sense. This tool helps you see and generate (if required) the inventory report to analyze and develop better decision-making skills for future purchases and inventory consumption. Generate less waste with the proper and right use of the inventory. If your restaurant produces more waste than it should; it is quite clear the consumption of material is more than its requirements, or its getting expired without being consumed. In both the situation, you’re increasing your expenses. And, these expenses can affect overall business profit. To avoid this, use restaurant automation or a tool because it keeps track of the entire stock and makes sure you use only the required material for cooking. Thus, it helps you reduce waste produced. 8

9. How Can You Use Automation For Maximum Utilization of Your Inventory? This point tells us how you can fix your inventory leakage and make sure you have maximum utilization of it. Use a restaurant management system for inventory management and its utilization. You can try AI-powered, Cloud-based Restro Sense which is capable of doing all the above tasks unlike before in your restaurant, and manages your inventory like a pro! You can control the entire restaurant operations with this tool as well! Use Restraurant automation or Restro Sense for vendor finalization Use ingredient-selection-feature of the restaurant automation or Restro Sense, to make sure you have the best possible utilization of inventory and no excess consumption of raw materials. Avoid overstock of raw material or perishable items. You need not open another shop inside your inventory. Use automation which helps you avoid overstocking. With Restro Sense, you can have this done with an inventory-alarm-system which lets you find raw ma- terial which is about to empty or expire! Don’t you think you can now maximize your restaurant inventory with automation? Please keep track of your stock with the reports and its analysis, through automation. Restro Sense helps you in waste management as well, and you can figure out loopholes in the system governing the wastage. You can fix them up and utilize inventory to its fullest! 9

10. How Can You Use Automation For Maximum Utilization of Your Inventory? 05 Implement automation for waste management 06 Figure out loopholes and fix them Avoid overstock of raw material or perishable items Have inventory alert system- for low inventory 03 04 02 Use automation in vendor selection & finalization 01 Use a restaurant management system (like Restro Sense) for better inventory consump- tion, monitoring and its utilisation 10

11. If implemented these suggestions, you can have your inventory op- timized like never before, and you’re going to get maximum out of it just with a little help of automation. Restro Sense helps you in waste management as well, and you can figure out loopholes in the system governing the wastage. You can fix them up and utilize inventory to its fullest! If implemented these suggestions, you can have your inventory op- timized like never before, and you’re going to get maximum out of it just with a little help of automation. 11

12. Conclusion Throughout the guide, we noticed that automation seems the future of the restaurant management and how it carefully manages in- ventory, and its overall utilization. Also, it is clear how much automa- tion is needed if you sincerely want to optimize your inventory con- sumption and maximize its usage. Throughout the world, restaurant businesses are using or inclining towards automation for efficient business operations. And, if you have or run a restaurant as a manager or owner, you must look for the best suitable restaurant automation for the fullest utilization of inventory. 12

13. Get in Touch If you have any queries for Restro Sense or want to automate your restaurant business Contact Us on The Below Details www.sixthsenseit.com sales@sixthsenseit.com 731 4047527 403, Pukhraj Corporate, Near Prashant Hotel, Navlakha INDORE – 452001, MP, India 13