Upload
georgia-perez
View
50
Download
0
Embed Size (px)
Citation preview
Welcome
Introducing
NJ-SNA
Managing the Money on your $helve$
DISCOVER HOW TO IMPROVE YOUR INVENTORY EFFI¢IEN¢IES
NJ-SNA
Objectives
NJ-SNA
NJ-SNA
PLANNING YOUR NEXT MEAL – BROUGHT TO YOU BY, CN DIRECTOR IN KENTUCKY…
NJ-SNA
NJ-SNA
NJ-SNA
1,2,3,4
The Process
Maintain Perpetual
NJ-SNA
(FIFO) First In First Out
NJ-SNA
This method is the true inventory valuation
NJ-SNA
Credit to SC Digest.com
NJ-SNA
NJ-SNA
The Process
Reduce On hand Inventory
NJ-SNA
The Process
Count Everything
NJ-SNA
Do you notice the similarities?
NJ-SNA
In the Eye of the Beholder
Typical pallet received at a warehouse
Would you treat this pallet differently than a pallet of rice?
NJ-SNA
Where is Inventory Found?
NJ-SNA
Where is Inventory Found?
Store Room Cooler Freezer
Baking Area Cooking Area
Warehouse Dish Room
Under the Serving Line Cashier Stands
Cleaning Closet Condiment Station
Commodity StorageNJ-SNA
Neat and Orderly Storage Areas
NJ-SNA
Evaluate Inventory Efficiency
Evaluate Inventory Efficiency
Improper Fractions
NJ-SNA
Evaluate Inventory Efficiency
Verify Received Against Order
NJ-SNA
Evaluate Inventory Efficiency
Receiving Temperatures
Damaged Items Guessing weight
NJ-SNA
Evaluate Inventory Efficiency
Proper Valuation
NJ-SNA
Commodity Valuation, FMV, Shipping, Storage & Processing Fee
Formulate an Action Plan
There’s Always Room for Improvement
NJ-SNA
NJ-SNA
Formulate an Action Plan
•Evaluate Inventory Access•Spot Check Inventory•Shadow during Inventory•Waste Report/Spoilage Report•Use a Scale
NJ-SNA
Formulate an Action Plan
•Double check Deliveries• Production Pull•Invoice Reconciliation•Use Correct Valuations•Use the Best Size and Value for Production•Review your Line Service
NJ-SNA
Formulate an Action Plan
Revenue•Charge Policy•Claiming•Cash Flow•Expensive Products•Track Invoice Credits
NJ-SNA
Additional Thoughts
•Inventory Turnover• Inventory as Percentage of Revenue•Inventory Aging Report
NJ-SNA
Credit to American Bar.org
NJ-SNA
NJ-SNA
Inventory 1/15/2016
NJ-SNA
NJ-SNA
Lets Get Started
NJ-SNA
Don’t Hesitate
Get STARTED
Thank You
NJ-SNA