Inventory Itemized: Calculating

woman using a black and red smartphone and calculator

Counting your liquor inventory is a huge pain point for many bars and restaurants. For something that seems so easy, why does it feel so difficult to do accurately and efficiently? One of the answers lies in something many people on the outside of the industry don’t take into account. The difficulties of liquor calculation.

Calculating loss is often a managerial duty, but a tedious and time consuming one that can sometimes get left on the backburner for more immediate and pressing workflow tasks. When you have a multitude of customer service issues, sitting down and doing math is far from the priority. It isn’t exactly rocket science, but it’s enough to be a bother.

Calculating inventory used is just taking your initial inventory and your inventory at the time of ordering, and comparing it with inventory received. That number is your usage rate, which then should be used to find things like pour costs, shrinkage numbers, and your necessary par levels. These calculations are a vital necessity to ensure your bar isn’t below water, but this time either takes away from other important managerial duties, or will take time from bartenders and/or staff from taking care of their own responsibilities. The opportunity cost of not having this process automated can be huge, and finding an inventory system that’s all encompassing can be a pain. Until BarMinder.

BarMinder is easy to learn, and easy on the lives of you and your employees.  Centered on a wireless liquor pour spout, The BarMinder Inventory System tracks every bottle from when it enters the establishment until it goes into the trash. By combining data from the spouts about every drop being poured at the bar with real-time counts of every bottle in storage, BarMinder lets you never have to count another bottle of liquor. Ever.  Just slap a sticker to the neck of the bottle and check it into the system, your inventory is complete and provided to you in real-time on our hub at your bar or anywhere in the world on your phone. No more incorrect counts, no more hours wasted on counting bottles. You and your staff can focus on caring for customers, and BarMinder will let you know when there’s something you can do to make more money.

woman in black blazer standing beside man in white dress shirt

Encouraging Customer Spending

Encouraging customer spending and maximizing the profit per ticket and per customer lays groundwork for consistent and sustained success in an industry where those things are hard to come by. Here’s a few ways to make that a reality.

Read More »
%d bloggers like this: