Inventory Control

Like, Bite & Share

AJ Gilbert has been working in and managing restaurants for 2 and a half decades now and he is also the founder and CEO of ChefSheet. com. Chef Sheet is software that helps restaurants manage inventory and keep track of purchasing. Where it’s real power lies is your ability to track the prices you pay for product and analyze your plate costs. He joins the podcast to share his expertise on inventory management and making the most out of your restaurant’s product budget.

ABOUT THE SHOW

Like Bite & Share is a podcast about marketing in the food business. Each episode includes an insightful interview with food marketing professionals.

SHOW NOTES

Key Takeaways:

• Issues with inventory and purchasing could cost a restaurant 5-10% in revenue each year.
• Chef Sheet allows you to easily input and sort your inventory in a way that was previously quite cumbersome.
• Food is a commodity, and like all other commodities, prices will fluctuate based on factors like supply, the environment, and the whims of producers. Being aware of these fluctuations allows you to remove expensive items from your menu or source them from a better-priced supplier.
• If you have restaurants in different geographic areas, you might find that you get arbitrarily different pricing, even from the same companies. Doing your purchasing through Chef Sheet helps you track these differences and get consistent pricing.
• If possible, avoid fish entirely. Pricing is incredibly volatile, and making a signature dish out of something that fluctuates so much can bite you.

Links Mentioned in this Episode:

• Curb Your Enthusiasm – The Larry David Sandwich

Learn more about AJ Gilbert:

• Website
• Twitter
• Facebook