Managing Food Costs and Operations for Profitability
Training Provider: ADEPT ACADEMY PTE. LTD.
Course Reference: TGS-2025053155
S$450
Original: S$900
Save S$450
About This Course
This course allows learners will develop practical skills in inventory control, waste reduction, pricing strategies, and financial forecasting to enhance operational efficiency and financial outcomes.
What You'll Learn
LU1: Analysing Cost Awareness and Optimisation Strategies
- Analyse methods of building cost awareness and controlling costs to propose optimisation improvements in food services
LU2: Designing Cost Control Audits and Measuring Efficiency
- Design cost control audits using standard costing methods to measure the effectiveness of cost efficiency programmes
LU3: Developing Processes for Monitoring Purchasing Cycles
- Develop processes to monitor food purchasing cycles, including tracking inflows and outflows of inventory and supplies
- Develop methods to optimise resource usage by reviewing purchasing cost activities for sufficiency and utilisation.
LU4: Implementing and Evaluating Cost Management Strategies
- Implement cost management strategies by monitoring staff purchasing activities in line with policies and procedures.
- Evaluate cost management outcomes by reviewing results to refine strategies.
- Analyse methods of building cost awareness and controlling costs to propose optimisation improvements in food services
LU2: Designing Cost Control Audits and Measuring Efficiency
- Design cost control audits using standard costing methods to measure the effectiveness of cost efficiency programmes
LU3: Developing Processes for Monitoring Purchasing Cycles
- Develop processes to monitor food purchasing cycles, including tracking inflows and outflows of inventory and supplies
- Develop methods to optimise resource usage by reviewing purchasing cost activities for sufficiency and utilisation.
LU4: Implementing and Evaluating Cost Management Strategies
- Implement cost management strategies by monitoring staff purchasing activities in line with policies and procedures.
- Evaluate cost management outcomes by reviewing results to refine strategies.
Entry Requirements
• Possess minimally a ‘N’ Level and/or listen, speak, read, and write English at a proficiency level equivalent to Employability Skills System Workplace Literacy (WPL) Level 5.
• Use numeracy skills equivalent to the Employability Skills System Workplace Numeracy (WPN) Level 3.
• For learners without the prerequisite, they will be allowed to be accepted in the course, should they possess a minimum of 1 year of relevant working experience.
Course Details
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