5 Benefits of a Restaurant and Bar Inventory Management App

5 Benefits of a Restaurant and Bar Inventory Management App
Bar Inventory - October 12, 2021 Written By: Krista Dinsmore

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In our blog, we’ve discussed in detail how using inventory management software to gain better visibility and control over your restaurant and bar inventory can significantly improve business profitability.

By making the transition from time-consuming and manual spreadsheets to a seamless inventory management system, your bar or restaurant will be able to improve its internal efficiencies, more accurately record inventory data and gain key insights into the performance of your inventory to improve profit margins.

Inventory management is all about getting a snapshot of the data that matters most to your business and then using that information to improve how profitable your business is. 

To make that process more seamless for bar and restaurant owners, Sculpture Hospitality has launched a brand new inventory management application to help bars and restaurants optimize their profits as they come out of the COVID-19 pandemic and far beyond.

What is the Sculpture Hospitality bar and restaurant inventory management app?

The Sculpture App is available on both iOS and Android devices and has been specifically created to help bar and restaurant owners simplify, centralize and customize their inventory management processes. 

By entering accurate inventory counts into the application on their favourite device, bar and restaurant owners can focus on the key performance indicators (KPIs) that truly matter to their business. 

The Sculpture App gives restaurant and bar owners complete control over their inventory in a solution that sits easily in the palm of their hands. Inventory data can be viewed in seconds from their mobile device, allowing them to easily improve profit margins and make smarter decisions around inventory usage, ordering and much more.

With The Sculpture App, you have easy access to KPIs, as well as inventory, purchases, sales and order data.

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What are the benefits of an inventory management app?

1 - Insightful inventory data in the palm of your hand

Your restaurant or bar inventory is your company’s biggest asset. The more you can optimize your inventory, the higher your company’s profit margins will be. Yet gaining insights and metrics into your inventory has traditionally been hard work. An inventory management application makes that process convenient, simplifying the most important KPIs to the growth of your business into one centralized system and giving you complete access to them all from your mobile device. You can make decisions that truly improve your profitability simply by looking at the insights displayed on your phone. 

2 - Customize the data for your restaurant or bar

Every restaurant or bar operates differently and uses different metrics to measure success. With a restaurant and bar inventory management app, you can customize the functionalities that are most important for you. That means you can customize the app to seamlessly fit into your businesses’ unique workflow, and to only show you the insights that truly matter to your success.

3 - Improve the efficiency of your inventory counts

Are you still using manual spreadsheets to count your inventory? This isn’t only time-consuming, it also increases the chance that human errors will cloud your data. Inventory management apps improve the speed and accuracy of your inventory counts through innovative features such as swipe-to-count. Not only that, but you can skip manual product inventory by simply scanning the barcodes of your inventory items for even faster inventory counts.

4 - Access the inventory data you need, wherever you are

By using an inventory management app to manage your inventory processes, you can make inventory-based decisions no matter where you are. Directly access inventory reports and KPIs from your iOS or Android device wherever you are. On vacation and need to put in an order with a vendor? Simply look at how much stock you need (based on PAR levels) and generate an order report PDF directly from your inventory management app to send to your vendor. 

5 - Spend less time in your backroom

Inventory management is complicated. Yet spending your days in your backroom trying to work out inventory counts and organize inventory data isn’t helping your business grow. You need to be out there getting to know your customers, capitalizing on changing trends and doing what you love to do - building creative dishes and drinks that guests love. An inventory management app simplifies the entire process so you have time to do exactly that.

Are you interested in learning more about The Sculpture App and how using it can improve your restaurant and bar inventory management processes and significantly drive up profits? Contact Sculpture Hospitality today. We would love to give you a free trial.

Contact your Local Inventory Consultant Today

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A Complete Buyer's Guide to Food & Beverage Inventory Management Systems

With around 25 to 35 percent of a restaurant’s operating budget dedicated to purchasing food (that’s not even taking into account beverage inventory costs for the bar), proper inventory management can significantly improve expected revenue.

To maximize profits you need to improve visibility and control over your restaurant or bar’s inventory. 

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