This blog post will break down everything you need to know to understand your inventory turnover rate. It’s a tool you can use to measure more accurate purchase decisions, food waste, and profitability. Your inventory turnover rate is one of the most powerful things you can learn in the restaurant industry. Part of this is knowing how to calculate your restaurant inventory turnover rate. Understanding how to manage your restaurant’s inventory is vital to the success of your business. The lack of proper inventory makes your staff’s job harder, and it upsets customers. You know what we’re talking about, the nights where every single one of your preferred dishes is 86’d because of a missing ingredient. Most restaurant owners have at least experienced one if not many inventory nightmares. CAKE University Expert support at your fingertips.Contact us Let us help answer your questions.Our customers Helping customers worldwide.About us Serving the industry with excellence.Resource center Valuable industry guides.Jewelry 360-degree customer features to build relationships.Home Decor Curate a seamless order experiences with wishlists.Grocery Enhance the customer experience with self-checkout.Electronics Manage inventory and fulfillment with ease.Beauty Personalize service and streamline operations.Apparel Sell more clothes on the floor with mPOS tech.Quick Service Accept orders on the fly with all-in-one POS.Pizza Seamless online orders, curbside, or delivery.Full Service Integrated reservations, loyalty, and more.Fast Casual Sell more with self-service tech.Cafe and Bakery Easy-to-use POS built for speed.Bars and Breweries Set the bar high with streamlined tech.CAKE Capital Fast funding for restaurants using CAKE.
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