Cut point in the Alcohol Inventory

How to cut point in Alcohol Inventory and save time

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How to Cut point in the Alcohol Inventory

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Welcome back to the NDS Video Blog Series. Today, in this video, well be discussing cut off levels. At NDS, we get a lot of phone calls and emails asking about cut off levels in general and also for specific substances and tests. Since cut off levels can vary from test to test, it can sometimes get misunderstood, so lets start with the basics and then well dive into some specifics. In drug testing, a cut off level is established to determine when a test will be positive for illegal drugs. The lab analysis measures the amount of the drug metabolite in the specimen at the time of testing. Using the established cut off level means that a small trace of the metabolite is permitted to be present in a specimen and the test result still be reported as negative. Every benefit of the doubt is given to the donor. In marijuana testing, for example, the cut off levels have been chosen in order to prevent false positives based on second hand smoke and other factors. For opiate testing, the cut

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What is the best way to do bar 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 calculate liquor stock?

6:38 9:52 Bar Inventory [How to Count Open Liquor Bottles] - YouTube YouTube Start of suggested clip End of suggested clip So whatever liquor bottle pops up the app you put that on the bluetooth scale and the weight pops upMoreSo whatever liquor bottle pops up the app you put that on the bluetooth scale and the weight pops up in the app and tells you how much is left in the bottle. Okay as you can see here this is what it

How do you take inventory for alcohol?

Liquor inventory can be taken by following these steps: Use a spreadsheet or inventory software. ... Start at the front bar. ... Record other places where you keep alcohol. ... Note how much liquid is in each bottle. ... Add up your totals.

How do you take inventory for alcohol?

Liquor inventory can be taken by following these steps: Use a spreadsheet or inventory software. ... Start at the front bar. ... Record other places where you keep alcohol. ... Note how much liquid is in each bottle. ... Add up your totals.

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 does bar inventory work?

Fundamentally, taking bar inventory is the process of counting everything you have in stock twice. Then you use those numbers to calculate how much product you used during that time, which is your inventory usage. That number, in turn, allows you to calculate a whole host of other useful metrics.

How do you control inventory 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.

How do bars keep track of inventory?

The easiest and most commonly used method for calculating bar inventory is to visually note how much liquid is in each bottle, separating it into tenths. Look at where the line of liquid stops and estimate how full the bottle is by tenths (half full=0.5, a third full (0.3), etc.).

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.

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