Abstract: There is provided, in accordance with an embodiment of the present invention, a system, platform and method to provide Automatic Inventory, VMI visibility and predictability, and automated Recipe generation and costing in a purchase management system. In one embodiment an automated inventory management system includes a food sales data source associated with a sales processing software; a food waste data source associated with products related to the sales data source; an order management system associated with food merchandise supply processing software; a recipe database including multiple recipes with associated raw material data, designed to extract raw material compositions from items ordered off a food product menu; and an automated inventory system adapted to automatically manage raw material based on sale data and purchase data, and to provide substantially real time inventory data.