When you commit to managing your bar’s inventory with a system like TavernTrak, one of the first questions you’re going to ask is “how often do I need to do a physical inventory – a stock take – of my bar?” It’s a good question, and you can answer that question by asking yourself this: […]
Monthly Archives: March 2014
Pour Cost as a Measure of Shrinkage
You hear it a lot – “pour cost” – when you talk to bar owners about how their bar is performing from an inventory management – a “shrinkage” – perspective. Running a bar where there is no shrinkage involves your bartenders pouring exactly what they’re supposed to be pouring into every drink they make. There […]
Where Your Data is Hosted (Stored) MATTERS!
Where your data is stored is important when you realize that the Liquor Inventory Management System’s data includes not just your product mix and product demand, but also your sales data (because the system must have the sales data to compare usage against). Is this really information that you trust other people to have access […]