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Aug 6th, 2022
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How to Edit note 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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When should you perform a physical inventory count? When and how frequently you perform a full stock take varies from one store to another. Some stores limit full physical inventory counts to once a year, others do them bi-annually, while others conduct them at frequent intervals.
We strongly recommend that our clients count liquor inventory every week due to the money they will save. Many of the bars we work with have experienced a 5% accountability improvement when they increase the frequency of inventory counts from bi-weekly to weekly.
Creating reliable and consistent records is essential to figure out how frequently you will take inventory. Most bars and restaurants choose bi-weekly inventory counts or even monthly counts; however, if you have the available personnel, a weekly schedule would offer the best inventory results.
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 To Create Your Own Inventory Sheet Open a Spreadsheet. You can use any spreadsheet you like. Name Your Headings. This gives you the information that you will collect on each item in inventory. Enter Basic Item Information. Save Your Work.
There are two common ways of taking stock of liquor in bars: theres the traditional method which involves spreadsheets or a pen and paper, and then theres the modern method that uses inventory software.
How to set up an inventory spreadsheet. In a separate window, open Google Sheets, make a new spreadsheet, then list your inventory there. Be sure to add at least a column for your product ID numbersor SKU for stock keeping unitsand the quantity of the items you currently have.
There are two common ways of taking stock of liquor in bars: theres the traditional method which involves spreadsheets or a pen and paper, and then theres the modern method that uses inventory software.
Taking bar inventory helps you understand key components of your beverage program like knowing how much on-hand inventory is needed, how your bar is performing financially, how to lower shrinkage levels, and how to appropriately price drinks.
How to manage a bar inventory Step 1: Determine what your bar needs on hand. Step 2: Reduce spoilage and unnecessary carrying costs. Step 3: Take inventory regularly. Step 4: Place orders on schedule and as needed. Step 5: Train staff to assist with inventory management. Step 6: Update inventory as deliveries come in.

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