Set point in the Beverage Inventory effortlessly

Aug 6th, 2022
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How to set point in Beverage Inventory and save time

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When you work with different document types like Beverage Inventory, you know how important precision and attention to detail are. This document type has its own particular format, so it is essential to save it with the formatting intact. For this reason, dealing with such paperwork might be a challenge for conventional text editing applications: one incorrect action might ruin the format and take extra time to bring it back to normal.

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How to Set point in the Beverage Inventory

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today im going to teach you all about part levels and reorder points so you can automate them for easy ordering and invoicing and were doing it now [Music] dave allred the real barman here from barpatrol.net today were talking about how to set your par levels and reorder points its a relatively simple concept but it is monstrously important when it comes to not only running a profitable bar but also saving you time as well as helping you maintain and organize your stock level okay heres why its so important when you have your par levels and reorder points set for automatic ordering one you keep from running out of stock which is kind of important two it saves you time and mental energy from trying to figure out what to order each week you know just going around like eyeballing it its exhausting and three it shines a light on your dead stock right stock that wont move so you dont order any more of it and so you can move that dead stock out so first off if youre new to managem

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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.
Bar POS systems help staff focus on what keeps people in the seats friendly, fast service while making sure orders get poured and empty kegs get changed. The POS system remembers the details for a bartender, so they can continue to charm the customers and earn their tips.
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 much food inventory should a restaurant carry? You only need to have enough inventory to cover your sales, plus a little bit extra in case of an emergency. For most restaurants, this usually means about 5 - 7 days worth of inventory, if youre getting 1 - 2 deliveries per week.
Calculate bar inventory usage each month by first adding the starting inventory to the materials purchased throughout the month. Then subtract that from your ending inventory. This gives you an accurate representation of the amount of inventory you are using.
Start at the front bar. Count the bottles the way theyre positioned and, if needed, filter them alphabetically on the spreadsheet when youre done. Include the alcohols type, brand, name, and bottle size. Also include a column for your bar back, storeroom, walk-in, or any other parts of the bar where alcohol is kept.
Here are some inventory tips before we get into the details: Take your count the same way every time; if you start counting from left to right, you should always count left to right. Keep your inventory periods consistent (i.e. weekly, bi-weekly or monthly). Find a method that works for you.
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.
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.
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.

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