Decision Logic offers numerous avenues for Supply Chain analysis.
Find the following tools and more in the Decision Logic site menu under Reports > Cost and Variance.
Navigate to Reports> Cost and Variance> Usages Efficiency (IvA)
We've also added a useful metric called Usage Efficiency. To learn more on this feature visit the Usage Efficiency page.
Navigate to Reports> Cost and Variance> there are several IvA reports to choose from.
Find more detail on IvA Reports on the Ideal vs. Actual (IvA) Reporting page.
Style | Description | Reports |
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Ideal vs Actual (IvA) | Ideal vs Actual usage is recommended for use by restaurant managers as it focuses on quantity wasted, not the dollar amount of waste. Example, instead of $50 of wasted chicken wings IvA displays 60 wings wasted Ideal vs Actual is the amount actually used compared to the ideal amount used. This is found by using the following /wiki/spaces/CST/pages/7897288: Beginning Inventory + Purchases - Ending Inventory = Actual usage Actual usage - Ideal usage = Variance Ideal usage, or the quantity that was used if 0 product was wasted, is calculated directly from product mix reporting that is pulled from the POS System |
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Table of Contents:
For additional questions or assistance please submit a support ticket by visiting the Decision Logic Help Center.
Hot Item Reporting:
Navigate to Reports> Cost and Variance> Hot Item IvA
Hot Item IvA displays the same variance reporting as IvA but for the daily hot item inventory
Drill into specific food items to see the detail of the selected item
Navigate to Reports> Cost and Variance> there are several TvA reports to choose from
Style | Description | Reports |
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Theoretical vs Actual (TvA) | Theoretical vs Actual usage is recommended for use by restaurant overhead as it focuses on dollar amount wasted, not quantity. Theoretical vs Actual is the dollar amount of actually used product compared to the dollar amount of ideally used product. This is found by using the following /wiki/spaces/CST/pages/7897288: Beginning Inventory + Purchases - Ending Inventory = Actual usage Actual usage - Theoretical usage = Variance Theoretical usage or the dollar amount used if zero product was wasted is calculated directly from product mix reporting that is pulled from the POS System | TvA Store Summary Tva Rollup |
TvA Store Summary displays a store level view of the TvA Report. The TvA Report includes a recipe category, non-recipe category, and non-inventoried category.
To set up non-inventoried items be sure the recipe measure is set to zero in the bid file.
Drill into the category detail by selecting the category
TvA Rollup displays a roll-up view of the TvA detail including Sales, Theoretical percentage, Actual percentage, Variance in dollars and variance in percentage.
TvA Ranking displays a ranking of each store selected in best highest variance to lowest variance in the form of Sales, Theoretical percentage, Actual percentage, Variance in dollars and variance in percentage.
Navigate to Reports> Cost and Variance> Cost of Goods Sold
Style | Description | Reports |
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Cost of Goods Sold | Cost of Goods Sold is recommended for use by both restaurant overhead and store managers as it focuses on the percentage of salesCost of Goods Sold percentage is the percentage of sales of a product that was wasted in a specific time period. This is found by using the following /wiki/spaces/CST/pages/7897288: Beginning Inventory + Purchases - Ending Inventory = Cost of goods / Sales = Cost of Goods % of Sales | Cost of Goods Sold |
COGS Report Descriptions and Usage:
Cost of Goods reports shows a store level or a roll-up of the cost of goods formula.
Note, COGS Sales is the Net Sales.
Drill into the COGS category detail by selecting the category.
COGS total extended price is calculated by taking the Inventory Quantity divided by the Inventory multiplier and then multiplied by the Case price in the bid.
Researching Variance Issues
When reviewing variance reporting it is best to research as soon as possible after an inventory is recorded and entered into Decision Logic.
When users find items with a large variance take the following steps to help find a solution:
COGS has missing sales data
If your sales data is not reporting on my COGS report, the cause is that Decision Logic had not received the sales data for the end of the week at the time that inventory was posted.
The steps to correct this are:
Note, posting inventory will cause an auto Cogs update to run for that current week, therefore you will not need to run a DL Update.