
We will learn about basic terms used in hotel management & cost control process. We will also look at basic concepts of sales, sales control & cost concepts
In this video we will learn more about cost control specific terms such as perishable items, non-perishable items etc
After Overall process of cost control, we will go into slightly deeper into purchasing control process, We will have separate course on detailing purchasing aspects
We will learn with assuming an example of restaurant having limited menu. This example will help to understand process involved in complicated operations. Complicated hotel operations may need some intelligent systems.
Actual control would again depend on company process / policies and physical attributes
This video we will take fundamentals receiving controls. Actual control differs based on location, process, geography and company policies.
Professional food service managers are faced with a wide array of challenges on a daily basis. Controlling costs, setting budgets, and pricing goods are essential for success in any hospitality or culinary business. Food and Beverage Cost Control provides the tools required to maintain sales and cost histories, develop systems for monitoring current activities, and forecast future costs.
F&B costs are the second-largest cost after Labour costs for most hotels. F&B cost control is usually considered as the chef's responsibility and many hotels do not have dedicated staff helping chefs with managing cost control functions.
The job of Hotel Cost controllers includes but not limited to
PAR Setting process for general inventory
Butcher Test / Yield Tests
Bar Spot Checks
Calculate daily and monthly cost.
identify if costs is too high, why the cost is high and how do hotels can control the cost.
Various other control aspects related to hotel cost controls
In this hotel management cost control course, you will learn the fundamental processes by which the above tasks are performed.
you will be introduced to templates, processes and methods of performing all cost control related tasks.
This Course is designed for hotel cost controllers, finance staff, department heads to be able to understand how costs for hotels is managed.