Inventory Management & Stock Rotation Checklist

Maximize profits & minimize waste! Our Inventory Management & Stock Rotation checklist for hospitality businesses ensures fresh ingredients, reduced spoilage, and optimized stock levels. Download now & streamline your kitchen operations! #hospitality #inventorymanagement #stockrotation #foodcost #restaurantmanagement

This Template was installed 6 times.

Receiving & Initial Stocktake

1 of 8

Procedures for receiving deliveries and conducting initial stock counts.

Delivery Date

Purchase Order Number

Supplier Name & Contact Information

Quantity Received (per item)

Condition of Delivery (e.g., Excellent, Good, Damaged)

Notes on Delivery or Discrepancies

Supporting Documentation (e.g., Delivery Note)

Quantity Discrepancy (if any)

Explanation of Discrepancy (if applicable)

Storage & Organization

2 of 8

Guidelines for proper storage, labeling, and organization of inventory.

Maximum Stacking Height (per shelf/rack)

Designated Storage Area for Perishable Items?

Describe Labeling Standards (e.g., product name, receive date, expiration date)

Which storage conditions are maintained?

Primary Storage Location for Dry Goods

Are aisles and walkways clear of obstructions?

Number of designated storage zones for allergens

Describe procedures for dealing with damaged or leaking packaging

Stock Rotation (FIFO/FEFO)

3 of 8

Processes to ensure oldest stock is used first (First In, First Out - FIFO and First Expired, First Out - FEFO).

Primary Stock Rotation Method

Frequency of FIFO/FEFO checks (days)

Detailed Instructions for Rotating Perishable Items (e.g., produce, dairy)

Detailed Instructions for Rotating Frozen Items

Specific labeling requirements for indicating stock age/expiration

Date of last FIFO/FEFO training for staff

Departments responsible for FIFO/FEFO compliance

Sample Photo of Properly Rotated Stock (Example)

Par Levels & Reordering

4 of 8

Setting and managing minimum and maximum stock levels and triggering reorders.

Minimum Stock Level (Safety Stock) for [Item Name]

Maximum Stock Level for [Item Name]

Reorder Point Trigger (Automated/Manual)

Lead Time (Days) for [Item Name]

Last Reorder Date for [Item Name]

Notes on Reordering (e.g., supplier issues, seasonality)

Reorder Quantity Method

Economic Order Quantity (EOQ) - (if calculated)

Waste & Spoilage Management

5 of 8

Tracking and minimizing loss due to spoilage, damage, or theft.

Daily Spoilage Rate (%)

Description of Spoilage Incident (if any)

Primary Cause of Spoilage (Select One)

Date of Spoilage/Waste Incident

Estimated Value of Spoiled Goods (USD)

Affected Food Categories (Select all that apply)

Corrective Actions Taken/Planned

Attach Photo/Evidence of Spoilage (if applicable)

Record Keeping & Documentation

6 of 8

Maintaining accurate records of inventory levels, transactions, and waste.

Standard Operating Procedure (SOP) for Inventory Recording

Beginning Inventory Count (Date)

Ending Inventory Count (Date)

Notes on Discrepancies & Adjustments

Delivery Receipts (Scan/Photo)

Date of Inventory Adjustment

Quantity Adjusted (Item Code)

Reason for Adjustment

Technology & System Integration

7 of 8

Utilizing inventory management software and integrating with POS/ordering systems (if applicable).

Current Inventory Management System?

If Dedicated Software, Specify Name & Version:

Number of Users Accessing Inventory System:

Which Systems do you need to integrate with?

Target Date for System Implementation/Integration:

Describe any current integration challenges:

Existing System Documentation (manuals, training guides, etc.):

Training Required for Staff?

Regular Audits & Reviews

8 of 8

Periodic checks to verify accuracy and identify areas for improvement.

Date of Audit

Audit Type (Full/Spot)

Number of Items Reviewed

Number of Discrepancies Found

Description of Discrepancies (if any)

Corrective Actions Taken

Audit Outcome (Pass/Fail/Conditional)

Recommendations for Improvement

Auditor Signature

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