How to Improve Your Cost of Goods Sold (COGS)
What steps can you take to improve your restaurant’s COGS? DEFINITIONS What is cost of goods sold? Food. Beverage. Paper. COGS: Largest expense as an operator; challenging to control and maintain. What hurts COGS? Missed forecasting, ordering/receiving errors, transfers/borrow and loan, inventory control, unintentional loss/waste, Poor training Steps you can take Sales Forecasting Calendars: remember first quarter events like […]