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What is Ideal Stock Control?

Monitoring your Cost of Sales percentage closely is essential for a restaurant's success, as it allows you to implement strategies that improve operations and increase profitability. Whether you operate a quick-service eatery, an upscale restaurant, a catering company, or a foodservice for institutions, understanding the relationship among the three core food cost principles is critical for the future of your venture. Shrinkage, often equated with theft, represents a considerable menace to profit margins. This shrinkage indicates the difference between the ideal or expected food cost and the actual costs incurred, with discrepancies often falling between 2% and 15%. Such variations can lead to significant profit losses that may represent a considerable portion of sales, frequently determining whether a food service business thrives or faces potential shutdown. It is inevitable that all food service operations will encounter some degree of shrinkage, which underscores the importance of identifying and addressing its sources effectively. By tackling these challenges, you can greatly improve your operational effectiveness while protecting your financial health. Ultimately, taking proactive measures against shrinkage will not only enhance your restaurant's performance but also ensure its long-term sustainability in a competitive market.

What is Computrition?

Food represents a significant cost within the healthcare supply chain, which complicates the management of food service operations. At some point, operators are faced with the dilemma of either automating their processes or risking a lack of insight into their food expenses. This choice becomes increasingly critical as it affects overall operational efficiency. Foodservice software provides the essential traceability and financial management that leading healthcare institutions demand. By utilizing food production software, hospitals can access real-time data that empowers them to oversee food inventory, place vendor orders, craft menus, formulate recipes, anticipate food requirements, and generate analytical reports. Reliable data is vital for efficient food ordering, preparation, and storage, as it has a direct impact on the nutritional quality provided to both patients and staff. Embracing automation through Food Operations Management (FOM) allows facilities to optimize their food supply chains while achieving competitive pricing. Furthermore, this integration not only boosts operational efficiency but also leads to a notable enhancement in patient care and satisfaction levels, ensuring a healthier environment for all. In a sector where quality and efficiency are paramount, the decision to implement such systems can be transformative.

Media

Media

Integrations Supported

eCard Systems

Integrations Supported

eCard Systems

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Ideal Software

Company Location

South Africa

Company Website

idealsoftware.co.za/ideal-stock-control/

Company Facts

Organization Name

Computrition

Date Founded

1980

Company Location

United States

Company Website

www.computrition.com

Categories and Features

Food Service Management

Costing
For Cafeterias
For Healthcare Facilities
Free / Reduced Meals
Inventory Management
Menu Planning
Nutritional Analysis
Online Payments / Funding
Point of Sale (POS)
Purchasing
Recipe Management
Schools
Tray Tracking

Categories and Features

Food Service Management

Costing
For Cafeterias
For Healthcare Facilities
Free / Reduced Meals
Inventory Management
Menu Planning
Nutritional Analysis
Online Payments / Funding
Point of Sale (POS)
Purchasing
Recipe Management
Schools
Tray Tracking

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