What is restaurant inventory management?

Restaurant inventory management is the process of monitoring and controlling the food and beverage ingredients within a restaurant's stock. It involves keeping track of what supplies enter and leave your inventory, analyzing usage, predicting future demand, and making decisions about when and how much to order. 

What are the benefits of a restaurant inventory management software?

When inventory management is done right, it helps restaurants reduce waste, save on costs, improve menu planning, and ultimately increase their profitability. The use of inventory software greatly improves the accuracy and efficiency of the inventory management process.

How to choose the right inventory management system?

When choosing an inventory solution, consider its user-friendliness, integration with existing systems, real-time tracking capabilities, insightful reporting and analytics, reliable customer support, and cost-effectiveness. And don’t forget to ensure it has all the features you need for your restaurant.

How does inventory management software help me save money?

Effective restaurant inventory management directly impacts vital financial metrics such as your Cost of Goods Sold (COGS) and Prime Cost. It optimizes food cost control by preventing overstocking or understocking, and reduces waste. Lower your COGS by making smarter purchasing and menu pricing decisions using accurate data. 

How do you take inventory with WISK?

Taking inventory with WISK is designed to be simple and intuitive:

  1. Choose an Area: Start by selecting the inventory area (such as a bar, kitchen, or storage room) you'll be working on from the app.
  2. Scan or Search for Items: Use WISK’s barcode scanning feature to quickly recognize items in your inventory, or manually search for items if you prefer.
  3. Count Your Stock: Input the quantity of each item in your selected area, using fractional amounts for open bottles or partial units.
  4. Sync Your Inventory: After entering all items, synchronize your data. WISK will then update your inventory in real-time, giving you immediate insight into your stock levels.

WISK’s platform supports multiple units of measurement and partial quantities, simplifying measurements for items like open wine bottles or bulk goods. With WISK, inventory becomes a fast, efficient, and transparent process.

Does WISK work with Bluetooth scales?

Yes. In fact, we recommend using bluetooth scales to make the inventory taking experience even easier. There are specific, cost effective scales that we recommend using with WISK. 

Can you still do inventory with WISK if there’s no WIFI?

Yes. All of your data is saved within WISK, even when there is no WIFI. Once you connect to the WIFI, your data will then update within WISK automatically.

How does WISK track inventory?

WISK tracks inventory using a combination of barcode scanning, manual input, and real-time data synchronization. After the data is entered, inventory data is synchronized and updated in real time on WISK’s platform. Inventory levels, usage patterns, and variance are then analyzed and made available to users, delivering valuable insights on managing their stock effectively.