Restaurant Inventory Management - The Restaurant Inventory App you Need

Control your food cost, optimize your restaurant stock levels and place suppliers orders in one click with RapidBar Restaurant Edition

Start optimizing your restaurant inventory management today with RapidBar

Our restaurant inventory management software is the perfect tool to drive your efficiency:

Save up to 80% on time spent on restaurant inventories
Reduce food waste
Go paperless and eliminate transcription errors when managing your restaurant inventory
Find opportunities with detailed variance reports
Spend less time on restaurant supply management so you can focus on creating an outstanding experience for your customers

What is inventory management for restaurants?

Food inventory management is a way of monitoring all of the food that your restaurant stocks from its suppliers at all times. A manager would use that knowledge to optimize purchases of foods, which allows a restaurant to control their costs and avoid wasting food. Great inventory management allows restaurant managers to have the answers to important questions:

How much inventory/products do you purchase?
How much inventory do you use each day?
How much inventory is left at the end of each day?

The advantages of our inventory management app's restaurant edition

There are only advantages to maintaining a tight control of your inventory, the only constraint is time. Restaurant inventory management software is the solution to this problem and is used by most successful restaurants today!

Developing a good inventory tracking system can help you control your costs. In addition, a proper inventory system can help your business in more ways than just reducing food costs: you can cut down on food waste. Keeping track of ordering, past spoilage, overproduction and many more important factors is also a fundamental part of a restaurant's success. The inventory level, dollar value of food purchased and their CoGS all lead to improved profits for your establishment.

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Why you need our restaurant inventory management app

Any restaurant or bar manager will tell you the same: their most time consuming task is inventory management. Hours spend every week counting your stock could be better used in creating an amazing customer experience for your customers. An automated inventory management system built into your restaurant POS system can increase your speed in taking inventory, allowing you and your staff to focus on other important tasks.

What does it mean? With effective inventory management, your stock depletion happens as items are sold. You can get an idea of what your stock is by knowing its current levels, and you’ll also be able to see your stock depletion in real time. Nothing is worse for customer experience than running out of a menu item during your service: having the right product or ingredient available at the right time allows you to keep a strong menu.

RapidBarApp Restaurant inventory app - A restaurant inventory management system that offers everything our bar inventory app does and more!

Food inventory using batch recipes

Simplified purchasing, reduced losses

Better collaboration and data usage

Access data anywhere

How to calculate inventory turnover ratio

Choose RapidBar as your restaurant inventory management system

Tracking your food inventory and daily usage has never been simpler

Manage your liquor orders and your liquor usage
Track your stock directly in the app
Avoid liquor discrepancies and bar count variances
Save on labor cost
Stock data and avoid paperwork
Identify bar and restaurant liquor errors
Extend your POS bar inventory features
Automate suppliers orders calculations and receiving

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Choose efficiency with our restaurant inventory management software

A restaurant inventory app is helpful no matter what stage your food business is in. If you have just opened up a new restaurant and are not sure where to begin, the Rapidbar app can help you manage your orders, sales, the inventory of your food supplies and even help cut down your costs. It is also very useful if your business has been running for several years and you’re tired of restaurant profits being wasted.

Food inventory control reduces your food costs and food waste

If your business needs an easy way to manage costs, reduce deadstock, and recognize the causes of loss in your inventory, our restaurant inventory management features solutions for all these and more. Run your restaurant with ease with the Rapidbar app. Point of sale tracking and integrated features allow seamless tracking of inventory variance as well as cost management.

Through our app, batch information and restaurant bar recipes are available on a day to day basis for better stock control. The app provides instant and daily access to sales for retail and inventory count, which prevents discrepancies and count variances.

Drive your restaurant's profits by reducing labour costs

Improve your daily sales by always having fresh product available on your menu

Increase your sales with our app by saving hours on inventory management. Use the time you save to focus on increasing sales.

By using our app, you can forecast your liquor sales for your bar or restaurant based on events, holidays, and other factors. Directly from the app, manage your inventory by placing liquor orders to match sales trends and avoid falling short on popular liquors by having up to date inventory, which will not only meet demand but also increase bar profits (you won't have to turn customers away due to shortages in stock).

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How can restaurants manage their inventory?

Keeping track of restaurant inventory manually with the same staff often leads to inconsistency between what’s actually in the refrigerator and what people think is in the refrigerator. Use restaurant inventory software to track inventory, help you improve inventory control and ensure that it is done right. Here are different ways to improve your food and product inventory management:

1. Use an electronic system, don't do it by hand

An app can track inventory levels and make recommendations on where to replenish for optimum product availability. POS also helps track inventory and perform a manual count, though some organizations don’t feel that the price point of a POS is worth it when

2. Leave food inventory to the same person

When managing food stocks, consistency is crucial

Keep track of how much food you have and how much is gone by the time you decide to use it. It’s best to track food and ingredients on a regular basis to know how much you’re using and how fast you’re using it. Make a plan including a time period for your inventory, at what time of day it will be counted: you could also prepare a backup inventory management plan. The great thing about the RapidBarApp is that it ensures proper inventory management for you!

When it comes to perishables, using the oldest inventory first following the FIFO method can significantly reduce your food waste. Make sure to place your new purchase at the back of your selves, this will make it easier to use the older stock up first.

How much food inventory should a restaurant hold?

Inventory management is important in most industries, but for restaurants and bars, it isnt only a question of profits, it's a question of safety! Not all food is created equal: some items have a long shelf life, such as canned or dried goods, while fresh products such as vegetables and meat need to be served to customers faster. Generally speaking, you want to have a full turnover of your perishable goods in a week or less.

The right amount of inventory is entirely dependent on your restaurant and its needs. A good rule of thumb is to take your average monthly spending of food and divide it first by 6 for the lower end, then by 4 for the higher end (a restaurant is turning over most of its inventory between 4 and 6 times a month). To illustrate this, if you spend $24,000 per month on food at your restaurant, the high end will be $6,000 and the low end will be $4,000. If your inventory on hand is superior to $6,000, it might indicate you have too much inventory. If it is inferior to $4,000, you might run out of food or ingredients. A good food inventory management system will help you towards a consistent inventory based on historical sales and costs.

What does sitting inventory mean?

Tracking sitting inventory helps organizations keep an eye on inventory levels. The sitting inventory simply means the inventory a restaurant actually currently has in-house. It is often counted at the beginning or the end of a time period.

What does depletion mean?

Depletion is how much inventory was used over a time period. It can be measured in different ways, such as in physical amounts or monetary value, and over different time periods (day, week, month).