Inventory Management for the Hospitality Sector – The Future is Here

We are definitely living in exciting times and digital tech is racing ahead, which is good news for us all. The digital age brings with it many benefits, especially for businesses, and in this short article, we take an in-depth look at inventory management software for the hospitality industry.
What does inventory management software involve?
Cutting-edge software includes sections for:
- Barcode scanning – Using an app, you can use your smartphone camera to scan stock in and out, never again will you have to spend 30 minutes to find out what you need to order today. You can do a stocktake with a few mouse clicks, which will save your staff so much time; cut down on wastage and manage perishables with this amazing barcode scanning tech. Bluetooth connectivity allows you to check weight and temperature
- Recipe management – Storing recipes on your cloud offers many benefits; branches can access the database and when a new menu item is created, upload it and allow access. Creating data-driven menus is a game-changer, using a combination of images and text; you can even video the preparation for a step-by-step guide to make a dish.
- Cloud-based – Your secure cloud network hosts all your business data, which is backed up every 2-3 minutes; remote servers are cyber-protected – access your system from any location, all you need is a digital device and a browser. A digital hospitality Inventory empowers your business and it grows alongside your company.
- Advanced vendor search – If you are unhappy with your meat supplier, you can compare online vendors with real-time prices; this is certainly one way to cut costs and once you connect with reliable suppliers, you can automate procurement. A global online catalogue is all you will ever need; from fine wines to ice, you can find whatever you need from your global directory.
- Digitalise your invoices – If you are a green organisation, eliminate paper from your procurement and invoice system, streamline your processes and free up your team to work on other aspects, with automated invoicing, the software does the work. While you’re at it, digitalise all documentation and you can lose those bulky filing cabinets that take up so much room. Find out about how loans can be better than capital from this blog.
- Theft prevention – The ability to check stock at the drop of a hat is a smart way to identify discrepancies; real-time checking makes all the difference and you’ll notice at the end of the quarter.
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To summarise, digitalising your inventory management brings so many powerful features, with Bluetooth connectivity and barcode scanning, plus you can automate your invoicing and also procurement. Your employees will be able to focus on customer service and marketing once you have set up the system.
If you run a hotel/restaurant/bar and you haven’t switched to cloud-based inventory management, we think you are now convinced this is the way to go. Talk to a global software developer who has all the inventory management solutions and top-level cyber-security to protect your valuable data.