Inventory Management
Managing restaurant inventory can be time-consuming and fraught with errors. While you need central visibility to on-hand levels and central control over company product specifications, each restaurant may have local preferences for storage location layout. CrunchTime! provides your team with easy-to-use inventory management tools that balance your supply and demand variables, ensuring that you get the right product at the right time from the right vendor and at the right price, while meeting your customer expectations. Features include:
- Perpetual Inventory Management - CrunchTime!’s 100% web-based solution allows for real-time tracking of all inventory items from ordering to depletion at the restaurants. Auditable journals are available providing detailed tracking of every product from procurement to consumption.
- Multiple Storage Locations - A product may be stored in multiple storage locations within a restaurant with consolidated tracking from procurement to consumption. Inventory may be viewed by storage location or by product across all storage locations.
- Electronic Vendor Integration - CrunchTime! integrates with each supplier system electronically via fax, email, FTP, and EDI directly from within CrunchTime!. Receive order confirmations, electronic invoices, and electronic order guide updates in real-time.
- Invoice Reconciliation - Through electronic integration with vendors, invoices may be imported and reconciled to increase accuracy and reduce administrative overhead. Price or quantity discrepancies are handled per your custom preferences. The receiving process is reduced to ‘exceptions only’ to save managers time and increase data integrity.
- Suggested Ordering - Simplify ordering at the store level with system-generated suggested ordering that is based on configurable par levels, historical consumption patterns, sales forecasts and on-hand inventory levels, allowing you to maintain optimal inventory levels at all times.
- Centralized Order Guides - Control your vendors, products and prices through central order guide management to eliminate unapproved spend and ensure brand consistency. Maximize your buying power by centrally managing all bids, prices and contracts with electronic “apples-to-apples” vendor bid comparison to guarantee you’re getting the best price
- Normalize Units of Measure - Eliminate confusion and ensure accurate stock counting by using configurable units of measure to normalize products across vendors, store locations and recipes.
- Loss Prevention - Enforce inventory integrity through ‘blind’ inventory counts and secured access to review and approve counts. Create checks-and-balances by setting up specific users to receive alerts on high-variance items.
- Inventory Reports - Utilize robust inventory reporting to gain full control of your inventory. Use powerful inventory variance reports at the store and enterprise level to zero-in on large variances, view on-hand inventory values, and gain an in-depth view of your vendor partnerships.
- Inventory Scheduling - Inventories can be centrally scheduled and managed from the corporate office, area managers, or store managers based upon user permissions.
- Mobile Computing - Utilize integrated mobile solutions to eliminate manual inventory management and improve inventory accuracy.
|