Everyone hates counting liquor inventory. It’s one of the most tedious aspects of running a bar. As a result, you should have an innate desire to complete this process as fast as possible without sacrificing the accuracy necessary to use the information obtained to improve your bar’s performance.
For an average bar, it is realistic to be able to complete your inventory counts in 1-2 hours. If the process is taking significantly longer, it’s a sign that you most likely need to make some adjustments to your counting process. Below are some tips that can help you make counting inventory go as fast and efficiently as possible.
For maximum speed, you need to be able to count items without moving products around. You’ll need to pick up partial bottles in order to weigh them, but any full bottles in your storage area should be organized in a way that allows you to count them without moving them around. This requires adequate shelving.
If you’re stacking boxes on top of each other, you are creating a situation that requires you to move bottles around while you count. Instead, install shelves in your storeroom so that you can remove the bottles from boxes and place them on the shelves. This will make it much easier to see and count during the inventory process.
Counting inventory is usually a two-step process:
Using a mapping system ensures that your list of products matches the actual order of products on your shelves, allowing you to simply go right down the list and record the amount of each item as you count it. This enables you to condense your counts to a one-step process by eliminating the need to hunt around your list to find the correct item. In our experience, using a mapping system will significantly speed up the counting process.
Bar-i’s software allows you to count full cases, and it also lets you enter a second line for each product to record the count for loose bottles. If you had 10 loose bottles of Budweiser in addition to the 9 full cases, you’d enter these 10 bottles on the second line. Our software will then automatically do the math for you and record the total number of bottles you have.
It takes about 2 seconds to weigh each bottle using Bar-i’s software and scales, and our scales are accurate to the tenth of an ounce. Very few systems can match this level of speed and accuracy (other methods may be able to achieve one, but not both).
In addition, this level of accuracy enables you to track your usage down to the serving, which ensures you will know precisely how much of every product is missing for each inventory period. This information can be used to reduce inventory shrinkage and maximize your profits.
You can evaluate your speed by how many product positions you count per hour. An average bar has about 200 items and about 500 product positions (items stored in multiple locations will have a product position for each location). Most bars should be able to count 300 product positions per hour and complete their inventory count in less than 2 hours.
When your bar is properly organized and the other tips listed above have been implemented, we recommend setting a goal of counting 500 product positions per hour. This is a pretty rapid pace and requires you to average a little under 10 seconds for every item you count (this time includes interruptions and moving between counting areas).
While this is an aggressive goal, it is certainly achievable and it will help you significantly reduce the time you spend on inventory counts. Counting 500 product positions per hour should ensure your inventory counts are completed within about an hour.
If you’d like to learn more about how Bar-i can streamline your operations and help you maximize profits, please contact us today to schedule a free consultation. We serve bars and restaurants nationwide from our offices in Denver, Colorado.