Oracle Hospitality Materials Control System
Oracle Hospitality Materials Control is a comprehensive procurement, inventory, and cost control system customized to meet the requirements of the hospitality industry. The solution manages all property inventory, providing essential real-time information on cost of sales, effective revenue, stock on hand, order proposals, and stocking requirements, and bringing efficiencies to daily workflow and food cost management.
Streamlined Management
- Oracle Hospitality preferred inventory management solution for hotels
- Unprecedented effectiveness and efficiency in inventory management
- Fits any type of operation, regardless of size or complexity
- Provides comparison to actual stock usage
- Allows for faster and more accurate transaction processing with mobile solutions for ordering, receiving, transfers, and inventory counts
A Seamless Solution
- Provides real-time data imported directly from the point of sale
- Expedites ordering/receiving processes by transmitting POs from within the application via email, fax, or B2B interface to suppliers
- Enables HACCP customers to track critical information, such as temperature and expiration dates, and transfer or count individual batches
- Supports multiple tax schemas, foreign currencies, and translation of master data and the application itself
- Offers an existing report set to analyze transactions with the option to preview, print, email, or export to Microsoft Excel
Positive Bottom-Line Benefits
- Reduces costly food expenses
- Guides management towards making strategic decisions for purchasing inventory
- Controls potential expenses more efficiently with authorization workflow
- Compare prices and impact on planned purchases including supplier assessment with Bid Management