Thursday, 22 January 2015
Understanding stat report and varience
Stat varience is a varience between an actual quantity of ingredient used(based on inventory) and an estimated quantity of ingredient used(based on pos data.
Any difference between a quantity used and a quantity sold is "control loss" that can give a serious impact on profitability.
Based on November monthend stat, we can see that the top losing items are Middle Wings(-$39.38), Egg(-$25.16) and Grill Chicken patty(-$16.24). Under the computed usage, this is what we stocked take on the monthend of November. We will be using the actual usage(waste, promotion, stocks delivered, sold) to VS it and this will give you the end results on loss and gain.
So here we can see the overall ending now how much we loss or gain. For the month of November, we are doing quite well with the loss of only -$41.58. With a percentage of -0.03%. Based on the guideline(target) set by Mac Donald, we have achieve the target for the month of November.
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