8.3 Stock management and systematic utilisation
Prudent inventory management minimises the capital tied up in ingredients (par stock).
It is essential to apply the FIFO rule (First In, First Out), where older items are always moved to the front of shelves so that they are used before they spoil. By maintaining strict stock control (e.g. with software that updates the position in real time from POS sales data), the likelihood of running out of popular ingredients, or of expensive food ending up in the bin due to over-ordering, is reduced.
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