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POS software for restaurants that includes a labor scheduling platform can help you manage your workflow. Many people work in the restaurant industry, so it shouldn’t surprise you that labor costs restaurant owners some serious coin. Generating ingredient tracking reports will give insight into customers’ dining preferences, which can be used as a guideline for menu planning. This technology also tells you what menu items are selling out, what’s sitting around in the kitchen about to expire, and how quickly menu items are being sold. Inventory control (also called ingredient tracking) is an important safeguard that helps you stock more effectively to reduce waste, avoid buying ingredients you don’t need, and plan specials to use perishables before they have to be discarded. Knowing what ingredients you have in stock dictates the daily inventory cost-how many meals and which ones you can serve. Bad decisions can cost big bucks in lost income and waste, so it’s smart business to monitor inventory levels, expiration dates, and reorder at the appropriate time. Inventory-ingredients and beverages-top the list of the costliest budget items for a restaurant. If you aren’t convinced, here are five reasons why you should implement POS technology this year: Simplify Inventory Control In the back office, the right system can save hours by automating scheduling, payroll, inventory, and more. On the front end, POS software for restaurants empowers employees to do their jobs better, faster, and more accurately. These powerful solutions give you a bird’s-eye view into your restaurant-even when you aren’t on site-so you can forecast, schedule and order more efficiently. POS software for restaurants does more than just process transactions.