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Description
Keeping a close eye on your Cost of Sales percentage is crucial for the success of any restaurant, as it enables you to take actionable steps to enhance operations and, in turn, boost profitability. Whether you're running a fast food outlet, a fine dining establishment, a catering service, or an institutional foodservice, grasping the interrelation of the three food cost principles is vital for determining the fate of your business. Shrinkage, which can be bluntly described as theft, poses a significant threat to profitability. This shrinkage reflects the gap between the ideal or theoretical food cost and the actual cost incurred in practice, with discrepancies typically ranging from 2% to 15%. Such variances translate into lost profits that can account for a substantial share of sales, often distinguishing between a thriving food service operation and one that faces closure. Every food service entity inevitably experiences some level of shrinkage, making it imperative to identify and mitigate its sources effectively. By addressing these issues, you can significantly enhance your operational efficiency and safeguard your bottom line.
Description
Combat theft while remotely monitoring cash meters and tracking money bags to guarantee that your drivers return from their routes with the exact dollar amounts, ensuring accuracy down to the cent. Simplify your product ordering process by reducing inventory costs through precise product amounts. Monitor every item as it transitions from the warehouse to the truck and finally to the machine. The vending software provides real-time alerts for bill jams, coin jams, compressor malfunctions, and other mechanical problems as they occur. This approach minimizes machine downtime, keeping your machines operational and generating revenue. Parlevel’s Vending Management System (VMS) utilizes real-time machine data to offer you an in-depth overview of your operations. With remote access to this data, the VMS empowers you to make informed decisions that can significantly enhance your profitability. By leveraging the Parlevel VMS, you can efficiently oversee your entire business, including vending, micro-markets, pantry services, office coffee, smart stores, and dining facilities, all through a single integrated system. This comprehensive management tool ensures that every aspect of your business runs smoothly and effectively.
API Access
Has API
API Access
Has API
Integrations
Gimme VMS
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Ideal Software
Country
South Africa
Website
idealsoftware.co.za/ideal-stock-control/
Vendor Details
Company Name
Parlevel
Country
United States
Website
www.parlevelsystems.com/vms/
Product Features
Food Service Management
Costing
For Cafeterias
For Healthcare Facilities
Free / Reduced Meals
Inventory Management
Menu Planning
Nutritional Analysis
Online Payments / Funding
Point of Sale (POS)
Purchasing
Recipe Management
Schools
Tray Tracking