Artwork

Contenuto fornito da yourpilla.com. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da yourpilla.com o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Player FM - App Podcast
Vai offline con l'app Player FM !

Work out your actual food cost versus your theoretical food cost

17:17
 
Condividi
 

Manage episode 411778590 series 3526992
Contenuto fornito da yourpilla.com. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da yourpilla.com o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Liam talks with Matt Wampler from ClearCOGS about the importance of tracking actual vs theoretical food costs in the restaurant industry. Matt explains that actual food costs are the real costs incurred, while theoretical food costs are the expected costs based on recipes and menu items.
Not tracking both can lead to a lack of understanding of true food costs and potential problems in inventory management. Matt provides tips on implementing processes to track actuals, emphasises the importance of consistency, and shares examples of restaurants that have successfully improved their food costs through tracking actual vs theoretical.
Chapters
00:00 Introduction and Background
02:09 Understanding Actual vs Theoretical
04:01 Common Problems with Not Tracking Both
05:00 What Does Good Look Like?
06:07 Implementing Processes for Actuals
08:40 Breaking Down Variance
10:24 The Importance of Consistency
12:21 Tips and Tricks for Implementing
14:24 Threshold for Concern
15:20 Examples of Success
17:00 Conclusion
This podcast is produced by Pilla - Create your operational playbook so work always gets done.

Click here to read more about Pilla.
Click here for tickets to the Live show.

  continue reading

37 episodi

Artwork
iconCondividi
 
Manage episode 411778590 series 3526992
Contenuto fornito da yourpilla.com. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da yourpilla.com o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Liam talks with Matt Wampler from ClearCOGS about the importance of tracking actual vs theoretical food costs in the restaurant industry. Matt explains that actual food costs are the real costs incurred, while theoretical food costs are the expected costs based on recipes and menu items.
Not tracking both can lead to a lack of understanding of true food costs and potential problems in inventory management. Matt provides tips on implementing processes to track actuals, emphasises the importance of consistency, and shares examples of restaurants that have successfully improved their food costs through tracking actual vs theoretical.
Chapters
00:00 Introduction and Background
02:09 Understanding Actual vs Theoretical
04:01 Common Problems with Not Tracking Both
05:00 What Does Good Look Like?
06:07 Implementing Processes for Actuals
08:40 Breaking Down Variance
10:24 The Importance of Consistency
12:21 Tips and Tricks for Implementing
14:24 Threshold for Concern
15:20 Examples of Success
17:00 Conclusion
This podcast is produced by Pilla - Create your operational playbook so work always gets done.

Click here to read more about Pilla.
Click here for tickets to the Live show.

  continue reading

37 episodi

Tutti gli episodi

×
 
Loading …

Benvenuto su Player FM!

Player FM ricerca sul web podcast di alta qualità che tu possa goderti adesso. È la migliore app di podcast e funziona su Android, iPhone e web. Registrati per sincronizzare le iscrizioni su tutti i tuoi dispositivi.

 

Guida rapida