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Some best practices for managing vendor relationships in inventory management include: establishing clear communication channels, setting clear expectations, maintaining regular contact, and fostering mutual respect and understanding. It's also important to monitor vendor performance, provide feedback, and address issues promptly. Regular reviews and audits can help ensure that vendors are meeting their contractual obligations and delivering the expected level of service. Additionally, leveraging technology can streamline vendor management processes and improve efficiency.
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Storage locations, such as commercial refrigerators, freezers, and backstock shelves can be specified all the way down the aisle, sector, or shelf name. Use custom IDs to identify these locations later. Material SKUs, such as beef, cheese, buns, lettuce, and pickles, are defined below. Next to it, enter the product SKUs for your menu items, along with the item's name, unit, and description. Finally, the Vendor fields tab accounts for frequently used vendors and their most relevant information. If you need to add more rows for additional vendors, locations or SKUs, just add them above the gray borderline of each section.
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Need a spreadsheet to manage incoming and outgoing inventory? Our Inventory Management spreadsheet template includes a ledger to track orders and inve...
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