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A banquet operation in a Five-Star Hotel uses 18/10 Stainless Steel flatware - average cost per piece is $8.00.
During a large dinner event of 350 persons, eight pieces of flatware is used per guest. Total of 2,800 pieces of flatware is in circulation during the evening.
(App Fork + Main Fork + App Knife + Main Knife + B&B Knife + Dessert Fork + Dessert Knife + Coffee Spoon = 8 pieces per guest)
Banquet and Stewarding Team lose only a fraction of these flatware pieces – 6 per event right into the garbage – at a cost (loss) of $48 ($8 X 6 pieces of flatware) This operation has an average of 50 events this size per year.
50 events X $48 = $2,400 loss of flatware per year. If this operation runs at 36% profit margin, they need to generate $6,667 in revenue just to make up this loss. ($4,800 / .36)
Catering Tray Pro can help you bring flatware loss in Stewarding down to virtually zero because flatware is no longer mixed up with messy food leftovers.