Executive Development Programme in Menu Cost Control
-- ViewingNowThe Executive Development Programme in Menu Cost Control is a certificate course designed to empower hospitality professionals with the essential skills to optimize menu pricing and control food costs. This program is critical for career advancement in the hospitality industry, where profitability hinges on effective menu engineering.
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⢠Introduction to Menu Cost Control: Understanding the concept, importance, and factors affecting menu cost control.
⢠Costing Techniques in Menu Pricing: Gross profit margin, contribution margin, and recipe cost card calculations.
⢠Inventory Management: Strategies for managing inventory, including stock control, ordering, and storage.
⢠Purchasing and Vendor Management: Building relationships with suppliers, negotiating pricing, and managing contracts.
⢠Menu Engineering: Analyzing menu items to optimize sales and profitability using menu design, item placement, and pricing.
⢠Forecasting and Budgeting: Estimating future sales and expenses to inform menu pricing and cost management decisions.
⢠Staff Training and Labor Cost Control: Training staff to minimize waste, optimize portion sizes, and reduce labor costs.
⢠Technology Solutions for Menu Cost Control: Implementing restaurant management software and point-of-sale systems for efficient cost management.
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