No More Guesswork: Inventory, Cost Management and Consistency, and Real Results with MarginEdge

27/06/2025 40 min
No More Guesswork: Inventory, Cost Management and Consistency, and Real Results with MarginEdge

Listen "No More Guesswork: Inventory, Cost Management and Consistency, and Real Results with MarginEdge"

Episode Synopsis

Send us a textIn this episode of The Bottom Line, Naki Soyturk welcomes Matt Molaski and Rich Dunham from MarginEdge—the industry’s “Swiss Army knife” for inventory, invoice processing, and restaurant cost control. They break down the biggest myths about inventory, why most operators get stuck in spreadsheet chaos, and how MarginEdge helps transform back-office pain into profit.You’ll hear about the most common mistakes restaurants make (and how to spot them), how tech can save you from recipe disasters, and why a “partial count” can sometimes matter more than a perfect full inventory. Matt and Rich share their own industry stories, client wins, and a few confessions from years on the operations and finance front lines.Links: MarginEdge Website Rich Dunham on LinkedIn Matt Molaski on LinkedIn Email Matt: [email protected] You’ll Learn The “hidden killers” in recipe costing and why they persist How MarginEdge’s unique invoice and SKU management solves the mess most tools create Why real-time (not static) food cost and recipe costing matter—especially now How partial counts and “Hawthorne Effect” boost accuracy and accountability Beverage inventory secrets: How to finally track and protect your bar profits Implementation: What to expect, what it costs, and who gets the most value Real-life stories: Cutting food cost by 15–20% and uncovering “CSI-level” mysteries inyour data00:00 – Introduction & Guest Intros02:30 – The MarginEdge Story & Team Background05:00 – Why Inventory is Restaurant 10108:00 – Common Inventory Mistakes (and Horror Stories)12:00 – Solving Unit-of-Measure and SKU Nightmares15:30 – Real-Time Costing and Consistency in a Volatile Market19:00 – Partial Counts, The Hawthorne Effect, and Real Wins22:00 – Finding Variances: The “CSI Restaurant” Approach25:00 – Beverage & Bar Inventory: Why It’s Different (and How to Nail It)28:00 – MarginEdge Implementation: What to Expect, Cost, Timeline32:00 – Who Gets the Most Out of MarginEdge?36:00 – Industry Changes: Why Tech + Grit is the Future39:00 – How to Get a Demo, Links & Closing Advice42:00 – Fun, Confessions, and Wrap-UpWelcome to The Bottom Line – the real talk podcast about restaurant profit and growth. Each episode, we explore the decisions, systems, and stories behind the most successful food businesses out there in the market. No fluff. No hype. Just real operators, real challenges, and real advice from people who know how to get results. Let's get to The Bottom Line. Have a question or need a professional opinion? Reach out! Web: https://consultingaccross.com Get a Free Profitability Audit Connect with Naki on Linkedin: https://www.linkedin.com/in/ufuksoyturk/

More episodes of the podcast The Bottom Line- Real Stories Behind Restaurants