Void rate is the share of items rung up then voided before payment, measured per cashier per shift. F&B baseline is 1–2%; sustained >3% on one cashier is a shrinkage red flag. LOOP runs a void-rate anomaly detector and pings the manager within hours instead of waiting for end-of-shift reconciliation.
What is Void rate used for in F&B operations?
In multi-outlet restaurant and F&B operations, void rate is an essential component — directly affecting service speed, order accuracy and margin. See the related terms below to understand where it fits in the broader stack.
How does LOOP support Void rate?
LOOP supports void rate natively in its POS + KDS + inventory platform for Vietnamese F&B chains — no plugin or third-party integration required. It's one reason multi-outlet operators pick LOOP as their primary operations system.
Related terms
POS anomaly detection — POS anomaly detection is a class of AI that watches the live transaction stream and flags statistically unusual events — a sudden spike in voids on one cashier, an item selling at 5x its forecast, recipe-level inventory variance above tolerance — within hours instead of waiting for a month-end report. It is the fastest way to catch shrinkage, configuration errors and promo mistakes. LOOP runs anomaly detection by default and pushes alerts to the operator's phone.
AI POS — A point-of-sale system with machine-learning capabilities built in — typically demand forecasting, automated menu suggestions, anomaly detection on sales and inventory, and natural-language operator commands. An AI POS differs from a traditional POS by acting on data, not just recording it.