How do you manage beer inventory?

Never run out of stock

1. Avoid pinch-points and make quicker adjustments.
2. Receive automatic alerts based on minimum stock level, so you always know when to place your next order.
3. Easily forecast inventory needs and future costs to reduce overspending and improve cashflow.

How do you do inventory in a bar?

How to Do Bar Inventory

1. Step 1: Make a Plan.
2. Step 2: The First Count.
3. Starting Bar Inventory.
4. Step 3: The Second Count.
5. Step 4: Calculate Inventory Usage.
6. Step 5: Calculate Par Level, Variance, and Pour Cost.
7. How Often Should a Bar Take Inventory?
8. Be Consistent.

How do you take alcohol inventory?

Liquor inventory can be taken by following these steps:

1. Use a spreadsheet or inventory software.
2. Start at the front bar.
3. Record other places where you keep alcohol.
4. Note how much liquid is in each bottle.
5. Add up your totals.

How do you calculate draft beer?

Calculating Percentage Cost on Draft Beer

1. Divide the cost per keg by the number of beers to determine the cost per beer. For example, $100 keg/137 beers = 73 cents per beer.
2. Divide the cost per beer by the sale price per beer. For example, $0.73/$4.00 = 0.18 or 18\% cost.

What is the use of rulers in liquor inventory?

The Shot Glance Liquor Inventory Control System utilizes a set of durable plastic gauges (rulers) to that accurately determine the volume of partial liquor bottles.

How do you manage a bar?

18 Bar Management Tips to Drive Sales and Productivity

1. Jump In and Love Your Job.
2. Offer More Than One Drink.
3. Understand Your Target Market and Competition.
4. Keep Your Menu Fresh.
5. Mingle and Build Relationships With Customers.
6. Keep a Clean and Tidy Bar.
7. Hire Employees With a Great Attitude.
8. Have Weekly Employee Meetings.

How do you calculate beer margin?

The formula for profit margin is gross profit divided by selling price. In the previous example that would be $310/$390 or 79\% or $0.79 per $1.00 in sales is gross profit. The inverse of gross profit is the pour cost, so in the example the pour cost would be $0.21 per $1.00 or 21\% pour cost.

What is the profit margin on draft beer?

about 80\%
The profit margin for bottle beer should be around 75\%, while the profit margin for draft beer should be about 80\%.

How do you track Beer inventory through a spreadsheet?

Track beer inventory through the use of spreadsheet software. Set up the inventory-tracking software. Click on the “Start” link on the computer and open the spreadsheet program. Click on “New” and choose “Inventories” from the column on the left-hand side.

How do I do a cost analysis of beer inventory?

Click on the template for “Inventory/Cost Analysis” to open a new spreadsheet. Count, by hand, each item you have on hand and notate it. Break down beer inventory by volume. For example, a case of beer has twenty-four 12-ounce bottles. Notate that as 288 — the total ounces in a case.

What is the best inventory software for bars?

Bar Cop is inventory management software developed specifically for bars, restaurants, and nightclubs. It gives you complete inventory tracking capabilities for liquor, wine, bottle beer, draft beer, food, and miscellaneous products.

What do you need to know before taking bar inventory?

Need to record breakage, spillage, and drinks made incorrectly Finally, your staff should be very comfortable with the process for taking inventory that your bar uses. This includes the actual counting method you use. Along with how to figure out usage, pour cost, variance, and par levels.