Inventory and Purchase Management
Valuation, Consumption and Purchase Analysis
What the stock is worth, and where the money goes. Valuation, consumption and purchase analysis turn movements into management information: what is in the stores, what each department used and what the property buys from whom. This part of the module is being extended.
Stock Valuation · Month end
ExportStock value
$84,600
Consumption
$31,200
Purchases
$34,900
Variance
-$420
The problem
What goes wrong without it
- No view of stock value at month end.
- Food cost that cannot be explained by consumption.
- Spend by supplier assembled by hand.
The result
What changes with CloudSon
- A defensible stock value.
- Food cost understood, not just reported.
- Better purchasing decisions.
Key features
What it does, in detail
What the labels mean:Available built and working in the productExpanding the core is built and more is being addedOn the roadmap coming next
- Expanding
Inventory Valuation
A valuation method is set per item and the hotel; a full valuation report is in development.
- On the roadmap
Consumption Reports
Consumption and variance reports by department and store. On the roadmap.
- Expanding
Purchase Analysis
Purchase request status and pending order reports today; supplier-wise analysis is on the roadmap.
Workflow
How the work flows
The path a piece of work takes through this part of CloudSon.
- 1
Value
Value stock by the chosen method.
- 2
Consume
Measure what each department used.
- 3
Analyse
Review what was bought, from whom, and at what price.
- 4
Improve
Adjust par levels and suppliers.
See Valuation, Consumption and Purchase Analysis in a personalised demo
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