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Save Alcohol Inventory and save changes.
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How to Save Alcohol Inventory

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In this tutorial, Dave Allred, an experienced bar inventory expert from Bar Patrol, discusses the best and worst methods for counting open liquor bottles during inventory. He emphasizes the importance of accurate counts and cost percentages in managing a bar's inventory effectively. With over 30 years in the industry and 11 years running his inventory business, Allred shares insights to help bar owners improve their inventory processes. He intends to guide viewers through the options for counting open liquor bottles to achieve precise readings, ultimately aiding in reducing poor cost percentages.

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How do bars keep track of inventory?

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 do you keep track of alcohol inventory?

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 I create a bar inventory spreadsheet?

How to Create a Bar Inventory Spreadsheet Step 1: Decide on the columns. The first step in creating a bar inventory spreadsheet is to decide what information you want to track. Step 2: Decide how you will maintain your information. Step 3: Input information. Step 4: Set up formulas. Step 5: Save and back up.

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 often should inventory be counted?

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.

How do you manage inventory in a bar?

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.

How often is inventory done at a bar?

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.

How often should a bar take inventory?

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.

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Save Alcohol Inventory