New product development for a restaurant inventory management SaaS platform.
Lavu wanted to create a new end-to-end inventory solution that was more than an excel sheet of items and numbers.
Keeping track of food inventory is challenging. If you order too much, you have spoilage, and if you order too little, you create a bad dining experience which can tarnish brand reputation. This process is also very time consuming and mistake prone. There must be a better way!
After collecting feedback from inventory users, conducting competitive research and speaking with internal stakeholders, the solution was designed to help restaurants determine the real cost of food while reducing waste.
Inventory tracking tied to PAR levels which is the optimum amount to have on hand
Expiration date tracking to reduce spoilage
Recipe costing to understand the true cost of menu items
Standardize an ordering and receiving experience across multiple vendors that have different units of measure