To choose the most suited restaurant inventory management system, you need to consider the size of your business, what other software you need to integrate with, and the price you’re willing to pay.
Consider the complexity and scale of your operations
Different sizes will have different needs. Managing 5 restaurants with 5,000 customers per day is far more complex than a small restaurant serving 100 customers. Big restaurants will need more advanced tools to manage inventory and labor, while small operations may only need basic software.
Evaluate how to connect your POS and inventory management systems
If you already have a POS system, you need to make sure it can integrate smoothly with the new inventory management software. If your POS system has limited features in tracking stock, you can consider getting an updated POS that contains inventory management.
For example, here are 6 features a POS system for coffee shops should have. Read more to learn about the best POS systems for coffee shops.
Select what features you need
Consider these questions about general features to note which are most relevant to your needs:
- Real-time tracking: Can the system update inventory instantly with every menu item sale?
- Automatic purchasing: Can the software place purchase orders for suppliers whenever a specific ingredient starts to run low?
- Financial assessments and reports: Can the software track how each item is sold and which are the most profitable ones?
- User-friendliness: Is the platform easy to use and train for the staff?
- Scalability: Can you easily adjust the software or add more features as your restaurants grow?
- Types of software: Consider whether you want an in-house or cloud-based system. A cloud-based option allows you to track stock using multiple devices and across different restaurant locations.
Based on your size of operation and the features you require, weigh the cost of the system. Don’t go for software that is more complex and more expensive than you need.
After evaluating the above factors, you can narrow down some potential software. Then, you should seek more in-depth reviews or contact the providers to clarify the features you’ll get before making any purchase. We hope this article has given you the confidence to pick the best restaurant inventory management software.