Case Study
Southernmost Takes the Plunge and Reaps the Cost Saving Rewards
Southernmost Restaurant Group features some of the finest dining in Florida and owns four signature restaurants in the Key West Area. Alonzo’s Oyster Bar, A & B Lobster House, Half Shell Raw Bar, and Turtle Kraals all represent a variety of dining experiences and some of the highest quality and freshest food available. Prior to using Compeat, Southernmost was managing their inventory using the methods of the prior owner. All inventories were kept on spreadsheets and management was given the task to keep these updated and accurate. However, upper level management discovered that food and beverage actual costs nearly always came in at the same level, and generally within a half of a point of their spreadsheet theoretical (ideal) costs. This raised red flags regarding the acc