Specifically customized for the hospitality industry, this solution manages all property inventory, providing essential real-time information on the cost of sales, effective revenue, stock on hand, order proposals, and stocking requirements.
Improve your inventory management through automatic data imports from the point-of-sale system, comparisons with actual stock usage and immediate intervention in response to a discrepancy. You can log and monitor waste and spillage in multiple outlets, draw out patterns and monitor cash flow to minimize overstocking among other functions.
Oracle Hospitality Materials Control provides you with real-time data including the cost of sales and revenue, stock on hand, ordering templates and par lists. It also streamlines month-end reconciliation and accounting processes – as well as daily processes of purchasing, price management and internal requisitions.