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The COGS-Well Blog: Guides, Insights, and Success Stories
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What are Theoretical Cost, Usage, and On-Hand Calculations?
This guide breaks down the three pillars of theoretical tracking: Theoretical Usage, Theoretical Cost, and Theoretical On-Hand. See the difference between what should have happened and what really happened.
COGS-Well Team
May 11


Recipe Management Basics: 4 Stages to Improving Margins
Recipes can be more than just a set of instructions – when integrated into an inventory and recipe management system, they become a powerful tool for maximizing margins.
COGS-Well Team
Apr 30


Restaurant Inventory Management System - Product Essentials
There is a core set of features that a restaurant operator should look for in any inventory, recipe, and cost management system. Before purchasing a system, it is best to know what features and integrations should be standard in a comprehensive system. Restaurant Inventory Management A restaurant inventory management system should include features for importing invoices, exporting to your accounting system, and counting, ordering, receiving, and transferring inventory items
COGS-Well Team
Apr 15


The Profit Gap: Why Actual Food Cost is Only Half the Story
Is a 32% food cost good? Is your restaurant as profitable as it should or could be? Theoretical Cost and Usage Variance analysis is the highest level of insight into evaluating a restaurant’s operational performance.
COGS-Well Team
Apr 1
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