Track your costs with inventory control
Want to have a better understanding of where your money is going?
Take a look at integrating inventory control with SP-1. This is a powerful option that allows you to really see the details of what is happening in your store. Our inventory control system is incredibly flexible. We start by tracking an ideal COGS (cost of goods sold) and then reporting that to you whenever you run a business summary. If you are using MobileDash , you will see the COGS hourly automatically as well. This gives you the ability to stay on top of where your numbers are as well as plan for the future. If you combine the COGS with our default Labor Percentage, you will have a very good picture of what your overall costs are.
The next step is to see where your waste or variance numbers are at. Because SP-1 knows how you purchase, inventory and use an item, you can pull a report that shows where your product is going.
Now this is where some of the real power comes into play. This ability will show you what your actual usage verses your ideal usage is. For example, let’s say you have an item that you use by the ounce. If you are performing your inventories, SP-1 can tell you that you should have used 10 of this item but you actually used 15. That means you have a 5 ounce variance. We then go a step further and show you the cost on those 5 ounces that are missing. This is all calculated by the item, sub category and category as well.
The last are of inventory control that SP-1 can help with is with the portion control in the store. Because you can put the amount that should be used to make the item into the system, SP-1 can print, for your kitchen staff, the exact portions of each item that is made!