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Mastering Restaurant Inventory Management

Ben Van Doren

Are you struggling with food waste, stock shortages, or overstocking in your restaurant?

Discover the secrets to effective inventory management with our comprehensive Udemy course, "Mastering Restaurant Inventory Management." This course is designed to equip restaurant owners, managers, and aspiring professionals with the tools and strategies needed to optimize inventory processes, reduce costs, and enhance operational efficiency.

What You'll Learn

Read more

Are you struggling with food waste, stock shortages, or overstocking in your restaurant?

Discover the secrets to effective inventory management with our comprehensive Udemy course, "Mastering Restaurant Inventory Management." This course is designed to equip restaurant owners, managers, and aspiring professionals with the tools and strategies needed to optimize inventory processes, reduce costs, and enhance operational efficiency.

What You'll Learn

  • Fundamentals of Inventory Management: Understand the basics of inventory management, including key concepts, terminology, and the importance of effective inventory control in the restaurant industry.

  • Inventory Tracking Systems: Learn about different types of inventory tracking systems, from traditional methods to modern technology solutions. Find out which system is best suited for your restaurant.

  • Order Planning and Forecasting: Master the art of accurate order planning and forecasting to ensure you have the right amount of stock at all times. Learn how to predict demand, analyze sales data, and adjust orders accordingly.

  • Reducing Food Waste: Discover strategies to minimize food waste and spoilage. Learn how to properly store ingredients, rotate stock, and implement waste-reducing practices.

  • Vendor Management: Develop strong relationships with your suppliers and learn how to negotiate better deals. Understand how to evaluate vendor performance and ensure timely deliveries.

  • Cost Control: Gain insights into how to control costs through effective inventory management. Learn about pricing strategies, portion control, and cost analysis.

  • Inventory Audits: Understand the importance of regular inventory audits and how to conduct them efficiently. Learn how to identify discrepancies, prevent theft, and maintain accurate records.

Why Enroll in This Course?

  • Expert Instruction: Get guidance from industry experts with extensive experience in restaurant management and inventory control.

  • Practical Tools and Resources: Access templates, checklists, and real-world examples that you can immediately implement in your restaurant.

  • Flexible and Convenient: Learn at your own pace with lifetime access to the course materials, so you can revisit the content whenever you need.

Who Should Take This Course?

  • Restaurant Owners and Managers: Enhance your inventory management skills to improve efficiency and profitability in your restaurant.

  • Aspiring Restaurant Professionals: Gain the essential knowledge and skills needed to excel in the restaurant industry.

  • Current Employees Looking to Advance: Take your career to the next level by mastering inventory management techniques.

Take Control of Your Inventory and Maximize Your Profits

Enroll in "Mastering Restaurant Inventory Management" today and take the first step towards a more efficient, profitable, and sustainable restaurant operation. Our course provides you with the expertise and confidence needed to manage your inventory like a pro.

Don’t let poor inventory management hold your restaurant back. Join us now and transform your restaurant’s operations for the better.

Enroll now

What's inside

Learning objectives

  • How to reduce inventory costs through operations and pricing strategies
  • Put systems in place to identify problems and communicate to your team
  • Understand the accounting behind inventory management

Syllabus

Course Overview
Course overview
After watching this section, you will be able to calculate your inventory expenses, and use that information as a tool to lower your costs. This is a practical guide, meant to save you time and energy
Read more
Formulas and COGS
Purchasing Percentages
Days on Hand & Prime Costs
Theoretical Inventory
Counting Practices
Accounting in Practice Quiz
This section will give you a big picture understanding of the purchasing process, and a pracitcal guide to improve your results.
The Bidding Process
Contracts
Order Guides
Sales Projections
Purchasing Recap
Menu Costing, Pricing, and Engineering
Menu Engineering
Pricing Strategy
Price Elasticity
Menu Design Basics
Online Menus
During this section youwill see the time tested systems that don't fail.
Recipe Management
Prep Lists
Freezer Pull
Plate Specs
Line Checks
Waste Sheet
Perpetual Inventory
Communication Tools
Lets put the pieces together
Priorities

Save this course

Save Mastering Restaurant Inventory Management to your list so you can find it easily later:
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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Mastering Restaurant Inventory Management with these activities:
Review Basic Accounting Principles
Strengthen your understanding of accounting principles to better grasp inventory cost calculations and financial implications.
Browse courses on Cost Accounting
Show steps
  • Review key accounting terms and concepts.
  • Practice basic accounting equations.
  • Study examples of inventory valuation methods.
Read 'Setting the Table' by Danny Meyer
Gain insights into restaurant management principles and the importance of vendor relationships, which are crucial for effective inventory control.
View Customer Relations Series of Bestselling 2... on Amazon
Show steps
  • Read the book, focusing on sections about vendor relationships and operational efficiency.
  • Take notes on key takeaways related to restaurant management.
  • Reflect on how these principles can be applied to inventory management.
Implement a Waste Tracking System
Apply the course's teachings by creating a system to track and analyze food waste in a real or hypothetical restaurant setting.
Show steps
  • Design a waste tracking form or spreadsheet.
  • Track food waste for one week, categorizing by type and reason.
  • Analyze the data to identify areas for improvement.
  • Develop strategies to reduce waste based on your findings.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Develop an Order Guide Template
Solidify your understanding of order planning by creating a customizable order guide template for a specific restaurant type.
Show steps
  • Research order guide best practices.
  • Design a template with essential fields (item, par level, on-hand, order quantity).
  • Customize the template for a specific restaurant menu.
  • Test the template with sample data.
Calculate Theoretical Inventory
Reinforce your understanding of theoretical inventory calculations through repetitive practice exercises.
Show steps
  • Gather sample sales data and recipe information.
  • Calculate theoretical usage for each ingredient.
  • Compare theoretical usage to actual usage to identify discrepancies.
  • Repeat the calculations with different datasets.
Create a Menu Engineering Presentation
Deepen your knowledge of menu engineering by creating a presentation explaining the concepts and demonstrating their application.
Show steps
  • Research menu engineering principles and best practices.
  • Gather data from a sample menu.
  • Analyze the menu using menu engineering techniques.
  • Create a presentation summarizing your findings and recommendations.
Read 'The Restaurant Manager's Handbook' by Douglas Robert Brown
Expand your knowledge of restaurant management best practices, including inventory control, with a comprehensive handbook.
View The Restaurant Manager's Handbook on Amazon
Show steps
  • Read the sections on inventory management and cost control.
  • Take notes on key strategies and techniques.
  • Consider how to implement these strategies in your own restaurant.

Career center

Learners who complete Mastering Restaurant Inventory Management will develop knowledge and skills that may be useful to these careers:

Reading list

We've selected two books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Mastering Restaurant Inventory Management.
Cover image
The Restaurant Manager's Handbook
Save
This handbook comprehensive guide to restaurant management, covering all aspects of operations, including inventory control. It provides practical advice and templates for managing inventory effectively. It valuable resource for both new and experienced restaurant managers. It offers detailed guidance on implementing inventory systems and reducing waste.
The Restaurant Manager's Handbook
Paperback
Check
The Restaurant Manager's Handbook
Kindle Edition
Check
Customer Relations Series of Bestselling 2 Books...
Save
Danny Meyer's 'Setting the Table' offers invaluable insights into restaurant management and customer service. While not directly focused on inventory, it provides a holistic view of restaurant operations. It emphasizes the importance of creating a positive work environment and fostering strong vendor relationships. These are crucial for efficient inventory management and cost control.
Customer Relations Series of Bestselling 2 Books...
Hardcover
$$$

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Effort
2.5 total hours
Via
Udemy
Instructor
Ben Van Doren
Language
English
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