Tack note in the Alcohol Inventory effortlessly

Aug 6th, 2022
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How to Tack 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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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.
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.
Bar stock control ensures you know exactly how much you have on hand. At the same time, good habits ensure you use everything effectively.
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.
Most states allow this IF there is a clearly posted sign in the bar. 20% gratuity Will be added to tabs left open after the bar closes.
Track total sales of alcoholic beverages over each inventory tracking time period. One way to automate tracking is to set your cash registers to tally liquor sales for a given period. Total all alcoholic beverage purchases made during the tracking period. Take an ending physical inventory and calculate its value.
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.
You keep track for each party. If a party gets a round you log that on their tab. Each partys tab is kept separately and marked, in some way, as to whose is whose.
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.
Place a bottle on the scale and record the weight. Bottle weight - tare weight = fluid ounces in bottle. To calculate your usage for each bottle, subtract the ending weight data from the starting weight data. Its important to remember to keep track of new bottles that are added between the start and end.

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