Presentation on theme: "Managing Inventory and Food Costs Presented by: Kristin Palmer, Program Manager Gretta Robert, Supply Chain Coordinator."— Presentation transcript:
Managing Inventory and Food Costs Presented by: Kristin Palmer, Program Manager Gretta Robert, Supply Chain Coordinator
Focus “Just in time” inventory practices and managing food costs. Employees will learn how to keep their food storage areas appropriately stocked and keep food costs reasonable without sacrificing food quality
Inventory management Mid-year inventory on hand (<7 days) End-of-year inventory on hand (< 2 days) At risk inventory (<10%) Common inventory mistakes Look at personalized print out
Mid-year inventory on hand (<7 days) Order one week at a time Reduce orders to reflect inventory on hand (updated freezer & storeroom lists) Keep editing orders up to the day they’re released Match food orders with published menu & keep on a clipboard near your computer for easy reference
End-of-year inventory on hand (< 2 days) Pay attention to “Last Time” notices for ordering and serving Network with neighboring schools to help use up excess inventory Utilize inventory on hand to stretch last few day’s menu’s (i.e. canned fruit instead of fresh)
At risk inventory (Inventory due to expire) Expiration reports will list ALL inventory on hand by expiration date Reports will be emailed every month Only keep the most recent list – earlier expiration reports should be discarded Give immediate attention to items listed at the top of the report
Avoid inventory mistakes Use the right ID # Mark products as they’re received – circle flavors, expiration dates, etc Substitutions? – Use your Receivor not your order (keep until next inventory) C (commodity) or P (purchase) - ? Error Free Data Entry Which unit of issue - i.e. bag versus case (use highlighter on your worksheet) Use the right line in the computer Did I count it last time - ? Be consistent Double check your entries Exact Item on 2 lines – use bottom line
How to deplete inventory i.e. too much product on hand Disposables Move to schools who need it Return to warehouse if discontinued Storeroom and freezer lists Update daily Use when ordering Keep offering until gone
What to do when you are out Ensure roving leads/substitutes are successful Keep records on hand, share information where you can Order ahead if you know you’ll be out Review orders when you return
Understanding dates and numbers Dates: Expiration dates Best-if-used-by dates Production dates Julian dates Numbers: Lot numbers
Expiration Dates Once thawed, can’t re-freeze Item will have a pink sticker if we freeze at CK to extend shelf-life Shelf life of frozen products can NOT be extended by keeping it frozen General rule – 2 yr for canned goods, 1 yr for frozen, 3 mos for staples, 1 mo for fresh products If a product is marked with a date, it can’t be served to students after that date
Best-Used-By dates A Best Used By date is recommended for best flavor or quality. It is NOT a purchase or safety date. Processed products should be cooked or frozen by that dates. Hard/dry shelf stable products can be stored up to an additional 6 weeks after the Best By date.
Use-By or Sell-By dates A Use By date is the last date recommended for the use of the product while at peak quality. For best quality, you should use the product before the use by or sell by date but it’s okay to use for a number of days beyond this date if it has been properly handled and stored. The number of times the product has been opened and resealed and the amount of time left out of the refrigerator during each use affects how long it will last. Your sense of smell and taste are great indicators of how fresh the product is. If the product looks, smells and tastes OK, it is probably OK to consume.
Production dates Julian, traditional, and closed calendar dates are read as the “Production” or the “Manufacture” date. Most products will have at least one or the other on the box or included on the label. In some cases, the product will have both kinds of dates on the box.
Julian dates A “Julian Day Calendar” expresses the calendar year as a series of numbers 1 through 365: 1 being the 1st of Jan and 365 being the 31st of Dec. It is usually read as a production or manufacture date but can be an expiration date.