Effective inventory management can help to reduce cost of goods (COGs) by quickly managing your inventory through the NCR Console platform.
In this section you will find the following resources:
General
Add Inventory: How to add inventory.
Take Inventory: How to take inventory (raw ingredients/goods) to Console.
How to Hide or Display Items: How to hide or display inventory items.
Manage Products
Manage Inventory: How to manage your inventory in the system.
How to Select a Unit of Measure: How to select and create a unit of measure.
Correcting Errors: How to correct errors after you’ve added or taken inventory.
How to Export Inventory: How to export your inventory database.
GLOSSARY OF TERMS
- Add Inventory: Occurs when you receive an order.
- Take Inventory: When you take the inventory of what you have on hand the day you take inventory (which may include recent deliveries).
- On Hand: A snapshot of what you currently have in inventory.
- Theoretical On Hand: Uses POS and Actual data to determine what you should currently have in inventory. Inventory items must be tied to the POS to determine Theoretical On Hand totals.
- Auto Depletion: When an item that correlates to a recipe is rung up on the POS, that item will auto-deplete from inventory to give you what you should actually have on hand. Note: the item must be part of a recipe that is also tied to the POS.
- Actual Inventory: Reconciles with Auto Depletion to determine what you have on hand. This occurs when you take inventory.
- View History: Provides you with historical data to show how Theoretical On Hand totals were calculated.
- Cost of Goods (COGs): The value of goods sold during a particular period of time.
- Inventory Discrepancy: Depicts actual vs. ideal inventory.