What is klikit Inventory Management?

What is Inventory Management? 

Inventory Management is a tool that helps businesses efficiently track and manage inventory. It includes features like inventory reports, item setup, composite items, inputs for recipe management, and a supplier database. These tools help streamline operations, optimize costs, and improve overall efficiency.

Notice: Currently, this feature can only be set up and viewed on Klikit Cloud.

How will this help your business?

The Inventory Management feature streamlines your inventory process, allowing your business to maintain accurate stock levels and avoid overstocking or stockouts. By automating inventory tracking and restocking, this tool ensures that you always have the right products available at the right time. Key modules like Inventory Report, Item Setup, Composite Items, Inputs, and Supplier Database provide clear visibility into your inventory status, making it easier to manage supplier relationships, optimize procurement, and reduce operational inefficiencies. Ultimately, this will lead to cost savings, improved customer satisfaction, and a smoother workflow for your team.

How do I use the Inventory Management Tool?s?

To make the most of our user-friendly Inventory Management system, you first need to set up the following information:

1. Inventory Report
   The Inventory Report gives an overview of inventory and financial performance, including completion status, Average Food Cost, and Average Sales Margin. It helps business owners track inventory usage and sales through Branch Reports. The tool also calculates blended food cost and margin percentages, with AI-driven pricing optimization for the menu over time.
   
   
2. Item Setup
   

   Item Setup is the core feature of Inventory Management. It allows you to create and configure items, determining the necessary ingredients required to produce them.

1. Composite Items
   

   Composite Items let you store recipes as both a standalone item and an ingredient. This helps you easily use them in other recipes, such as sauces or dressings, simplifying inventory management.

1. Inputs
   

   The Inputs feature calculates the necessary ingredients to produce items, functioning as a “recipe management” tool with broader applications for the business.
   

1. Supplier Database
   

   The Supplier Database manages supplier information. By filling in this database, you can select suppliers directly from a dropdown menu when setting up items in the Inputs section.
   

Once these are set up, you'll be able to efficiently manage and track your inventory.

Still need help?

Contact one of our Live Chat Agents for assistance.

Tap the "Chat" button on your klikit screen.

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