Effective inventory management is essential to a restaurant's success. To achieve this, consider these five key techniques: First, conduct regular inventory audits to maintain accurate stock records. Second, use demand forecasting based on sales data to avoid overstocks or shortages. Third, maintain strong relationships with suppliers to negotiate favorable terms. Fourth, implement first in, first out (FIFO) to minimize waste. Finally, invest in restaurant-specific inventory management software for automation and real-time insights. These practices will streamline your operations, reduce costs, and keep your restaurant running smoothly.

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