Clean title in the Alcohol Inventory

How to effortlessly clean title in Alcohol Inventory

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Simple steps to clean title in Alcohol Inventory

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How to Clean title in the Alcohol Inventory

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today im going to show you the best way to count your open liquor bottles when taking inventory as well as the worst way to do it because if youre doing it the worst way your counts and cost percentages are going to be way off all right hows it going today im dave allred the real bar man here from varpatrol.net therealbarman.com for those of you who dont know me yet when it comes to inventory well im sort of a big deal no im just kidding of course but i have been in the industry for more than 30 years now ive been running bar patrol my bar inventory business for the past 11 years and ive counted thousands of inventories myself and ive helped hundreds of bars master their inventory and lower their poor cost percentage by a large margin so one of the things that people want to know most when it comes to bar inventory is how do you count the open liquor bottles and get an accurate reading well there are a couple of options and you might already know about them but let me show y

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How do you count liquor in an inventory?

The easiest (and most commonly used) counting method is to visually take note of how much liquid is in each bottle, separating it into tenths. Take a look at where the line of the liquor falls, and estimate if the bottle is half full (0.5), a third full (0.3), etc.

How do you manage liquor stock?

Here are five things an effective inventory management system can do when you first open a bar. Reduce drink shortages. Optimize alcohol order size and purchasing frequency. Avoid rush orders. Reduce waste at your bar. Increase profit.

How often do bars do inventory?

Well-run bars are counting inventory at least every two weeks, and a weekly schedule is typically ideal in order to maximize benefits you receive from the inventory process. You can determine the right frequency for your bar based on the improvement youre seeing in your performance.

What is liquor count?

Each count should equal about ounce of alcohol. With a bit of practice, what ends up in your glass should fill the 2-ounce side of a jigger.

How do you organize a liquor store inventory?

Organize your liquor storage areas so every bottle has a designated place. You should group like-products together. Set up a shelf for your vodkas, a shelf for tequilas, a section for wines. Make sure that when liquor orders are delivered each new bottle of liquor, beer, and wine is put in the correct place.

How do you calculate liquor cost?

Liquor Cost Formula (Beginning Inventory + Purchases Ending Inventory) / Sales = Pour Cost/Liquor Cost or COGS i.e. your product usage. Liquor Cost Formula In Action. BI (Beginning Inventory) = $1,906. P (Purchases) = $6,398. EI (Ending Inventory) = $2,425. Sales (Liquor Sales) = $23,000. WATCH THE FULL VIDEO BELOW!

How often should you do liquor inventory?

How often should you do bar inventory? The most efficient bars and restaurants do bar inventory every 2 weeks. Some bars even do inventory weekly to maximize their benefits from the inventory process. You can determine the proper frequency for your bar based on its performance and size.

How to do stock in a bar?

10 Habits for Better Bar Stock Control 1) Follow the First-In, First-Out rule. 2) Count inventory consistently. 3) Keep track of fluctuations in your stock. 4) But, be realistic about waste. 5) Be detail-oriented. 6) Double-check your work. 7) Mark upcoming holidays. 8) Optimize the type of alcohol you order.

How much inventory should a bar carry?

The inventory ratio that I recommend for optimal inventory is 15%. So if your sales were $75,000, you should have about $11,000 $11,500 of inventory on-hand. In this case, that would mean you would need to cut your inventory by about $3,500 $4,000, which is a big difference.

What is stocking the bar?

Stocking a home bar is a good way to ensure you always have a few quality bottles ready to go when you want a drink or when guests arrive. Its helpful to start with staple base spirits and then build out from there, adding cocktail modifiers or liqueurs that increase your drink-making repertoire.

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Clean title in the Alcohol Inventory effortlessly

How to effortlessly clean title in Alcohol Inventory

Simple steps to clean title in Alcohol Inventory

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How to Clean title in the Alcohol Inventory