Operator Inventory

MAXIMIZE THE PROFITABILITY OF YOUR PROMOTIONS

Limited time offers and promotions are key drivers of sales and profitability for restaurant operators.

Promotions drive traffic to restaurants and often provide better profitability than regular menu items. Managing limited-time offers and promotions presents substantial challenges for a restaurant operator, given product lead–time considerations, coordinating multiple distributors and load balancing quantities against consumer taste, weather, and an unforgiving calendar. Product hoarding can also be a concern for operators. If a promotion is highly successful, individual managers might over-order products to maximize their supply. Shortages and stock outages may occur unless the purchasing manager has the timely information necessary to adjust product delivery volumes. Conversely, restaurant managers may buy fewer products than expected. Without the proper information managing promotions can be very challenging. Purchasing managers need timely and accurate information to manage stock and limit the wasteful disposal of unnecessary food products.

Segments Served:


Operator Inventory

MAXIMIZE THE PROFITABILITY OF YOUR PROMOTIONS

Limited time offers and promotions are key drivers of sales and profitability for restaurant operators.

Segments Served:

iTrade’s Operator Inventory Insight enables operators to improve the overall consumer experience and to maximize the profitability of promotions and limited time offers. Operator Inventory Insight provides the information that makes purchasing, category and program managers more effective and profitable by reducing product stock outs, overstocks and costly last minute product repositioning across distribution centers. Operator Inventory Insight receives, cleans and presents accurate daily inventory information on proprietary products across the operator’s distributor network. Operator Inventory Insight enables users to choose inventory thresholds and customized alert levels to notify users automatically when inventory exceeds or falls below predetermined levels. This information enables operators to work with food manufacturers and distributors to properly reroute supply and update delivery volumes. Operator Inventory Insight is offered as an affordable and easy to use hosted service.

Promotions drive traffic to restaurants and often provide better profitability than regular menu items. Managing limited-time offers and promotions presents substantial challenges for a restaurant operator, given product lead–time considerations, coordinating multiple distributors and load balancing quantities against consumer taste, weather, and an unforgiving calendar. Product hoarding can also be a concern for operators. If a promotion is highly successful, individual managers might over-order products to maximize their supply. Shortages and stock outages may occur unless the purchasing manager has the timely information necessary to adjust product delivery volumes. Conversely, restaurant managers may buy fewer products than expected. Without the proper information managing promotions can be very challenging. Purchasing managers need timely and accurate information to manage stock and limit the wasteful disposal of unnecessary food products.

iTrade’s Operator Inventory Insight enables operators to improve the overall consumer experience and to maximize the profitability of promotions and limited time offers. Operator Inventory Insight provides the information that makes purchasing, category and program managers more effective and profitable by reducing product stock outs, overstocks and costly last minute product repositioning across distribution centers. Operator Inventory Insight receives, cleans and presents accurate daily inventory information on proprietary products across the operator’s distributor network. Operator Inventory Insight enables users to choose inventory thresholds and customized alert levels to notify users automatically when inventory exceeds or falls below predetermined levels. This information enables operators to work with food manufacturers and distributors to properly reroute supply and update delivery volumes. Operator Inventory Insight is offered as an affordable and easy to use hosted service.

KEY FEATURES

FLEXIBLE, EASY TO USE

  • Supplier access enables operators to selectively share inventory levels with manufacturers
  • Web-based interface, requires no software or IT investment and maintenance

DAILY REPORTING

  • DC Item Levels for On-hand & PO Data
  • Core and Products on Limited Time Offer (LTOs)
  • DC on-hand quantities and status on outstanding POs with all suppliers

AGGREGATED REPORTING

  • Quantity on-hand, current and previous week’s sales; Projections on Days on Hand, Days on Hand “+” On Order
  • Products can be grouped into “Programs” for specific LTO reporting

KEY FEATURES

FLEXIBLE, EASY TO USE

  • Supplier access enables operators to selectively share inventory levels with manufacturers
  • Web-based interface, requires no software or IT investment and maintenance

DAILY REPORTING

  • DC Item Levels for On-hand & PO Data
  • Core and Products on Limited Time Offer (LTOs)
  • DC on-hand quantities and status on outstanding POs with all suppliers

AGGREGATED REPORTING

  • Quantity on-hand, current and previous week’s sales; Projections on Days on Hand, Days on Hand “+” On Order
  • Products can be grouped into “Programs” for specific LTO reporting

REAL RESULTS

Realize full profitability of each limited time offer and promotion
Monitor daily inventory levels of proprietary products across the distribution network
Prevent stock outs, overstocks and expensive product repositioning
Share inventory information with selected manufacturers
Gain visibility to local promotional data
Save time acquiring and compiling inventory data
Improve product replenishment cycles and reduce freight costs


REAL RESULTS

Realize full profitability of each limited time offer and promotion

Monitor daily inventory levels of proprietary products across the distribution network

Prevent stock outs, overstocks and expensive product repositioning

Share inventory information with selected manufacturers

Gain visibility to local promotional data

Save time acquiring and compiling inventory data

Improve product replenishment cycles and reduce freight costs


“iTrade is absolutely fabulous to work with…
they are a true strategic partner for us.”

Sodexo150-k

Keith Anderkin
Senior Vice President, ARCOP

“iTrade is absolutely fabulous to work with…
they are a true strategic partner for us.”

Sodexo150-k

Keith Anderkin
Senior Vice President, ARCOP