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Check with seller 6 Common Food Stock Management Mistakes to Avoid Dublin
- Location: Dublin, Dublin, Ireland
Food inventory management is one of the trickiest parts of running a hospitality business. Mistakes are common, and they can quietly eat away at your profits. A well-structured Food Stocktake helps reveal and prevent these costly errors.
Mistake 1: Overordering Perishable Goods
Fresh produce, dairy, and meats have short shelf lives. Ordering too much often leads to spoilage and unnecessary waste.
Mistake 2: Failing to Track Shrinkage
Shrinkage comes from theft, wastage, spillage, or incorrect portioning. Without proper monitoring, these losses add up significantly over time.
Mistake 3: Guessing Quantities
Some businesses rely on staff to estimate stock levels. This often leads to inaccurate records and inconsistent menu output.
Mistake 4: Ignoring Regular Stocktakes
Doing a count once a year is not enough. Regular monthly or quarterly stocktakes ensure ongoing accuracy.
Mistake 5: Over-Reliance on POS Data
While sales systems provide useful data, they don’t account for spoilage or wastage. Only physical counts give the full picture.
Mistake 6: Not Monitoring Supplier Price Changes
Ingredient costs fluctuate regularly. If you don’t adjust for price changes, your profit margins can be skewed.
The Fix: Professional Stocktaking
An independent food stocktake highlights issues you might miss internally. It gives you accurate figures, reveals blind spots, and provides solutions to cut waste and improve efficiency.
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