There are countless reasons why one should be on top of their liquor inventory. Being in the business now for over 10 years here are the 4 most prominent points I have seen during that time.
- Get an actual inventory number. By taking inventory and updating your values you will go to sleep better at night knowing all your ducks are in a row. Along with having up to date inventory you should always have up to date inventory costs. This way you have a monetary value to your stock and you see that its not just stuff taking up space but actually the life blood of your business. Treat it like a stock you invest X and if you sell X for its full value you will receive Y. Which is a much better return then any Stock.
- Knowingwhat you have in inventory will allow you to know what your should be ordering to replenishingyour liquor products. This will allow you to accurately stock your shelves and not have overstock sitting on the shelf tying up money that you could be using for other things in your business like promotion and advertising.
- Negotiatingbetter buying prices. By knowing what you are using and what you normally order you can speak to your distributor and negotiate price deals allowing you to lower you bottom line and increase your profit.
- Taking inventory can allow you to see what shrinkage you are experiencingat your bar. If you have an opening inventory + all you purchases during the period - you closing inventory you can be 100% sure what your actual losses are. No more guess work allowing you to tackle the problem head on and get your business running at optimal profit.
These are just 4 reasons why you should be taking regular inventory. With all the technology out there today there are many tools that can and will simplify the process. Do your homework and find which works best for you. I guarantee you will sleep much better knowing your liquor inventory is being managed properly.

Social Media is not a fad and will be the way people get messages across now, and even more so in the future.
With all the new Brands and flavors of alcohol and liquor coming out every day. We share with you The Shelf brought to you by our friends at
In any business you always need to manage your day to day properly, but one thing you always need to consider and always work on is staying current with the latest and upcoming trends.
Scannabar recently had the pleasure of exhibiting our liquor, beer and wine inventory software at the Florida Restaurant Association show in Orlando, Florida, September 12th to the 14th. Contrary to other years, it is quite apparent that the economy is slowly coming back to where it was, this displayed by the volume of people that attended and the steady flow of hospitality operators we had the opportunity to discuss our cost saving solution with. It is also quite evident that operators are looking for solutions that will help them save both time and most importantly money in respect to their most valued liquid assets.
Becoming a Bartender
Many hospitality operators want to know what their liquor cost is. Many times, we simply divide the cost of goods sold by the revenues to come up with a liquor cost percentage. Often, this number is inaccurate or to late in the cycle to take corrective actions.

single item or a measured quantity” In the hospitality industry, we are sometimes faced with a decision; do we want our liquor to be poured by way of a dispensing unit? Do we want our bartenders to be “automatic” and potentially take away any flair our personable bar staff has to offer our patrons?
