Here are nine ways to improve bar inventory control.
Regularly count and adjust inventory levels
Regularly counting and adjusting inventory levels helps bars to make sure they are not overstocking or understocking inventory. It can also help track issues related to missing stock, as well as set menu prices that make your business profitable.
- Educate staff on proper inventory management
Properly trained staff can help improve inventory management, as they can better understand the importance of tracking and managing inventory. Regular staff education and training can go a long way toward improving bar inventory control.
- Monitor staff usage of supplies
Monitoring staff usage of supplies, including glasses, ice, and other bar essentials, can help bars prevent unnecessary waste and loss of inventory. For example, instead of just having staff clean up spills and move to the next order, have them report it on a waste tracking sheet so you can look for problem areas and opportunities to improve.
- Utilize supply chain management tools
Utilizing supply chain management tools can help bars track their inventory levels, as well as ordering and delivery times. This will help you make sure you are stocking your bar in the most efficient way possible.
- Monitor storage conditions
Paying close attention to storage conditions can help bars ensure the quality and freshness of their inventory. Proper storage and temperature control can help prevent spoilage and waste.
- Establish security protocols
Establishing security protocols, such as key card entry and security cameras, can help bars protect their inventory from theft and unauthorized access.
- Implement inventory management software
There are many different types of inventory management software available, ranging from simple spreadsheets to more complex, specialized software. Software can make it easy for bars to track their inventory, monitor sales trends, and adjust stocking levels accordingly. The more specialized it is, the more information it will be able to provide and the less risk there will be for errors.
- Automate inventory tracking
Automating inventory tracking with POS systems, bookkeeping software and other integrations can help bars quickly and accurately track inventory levels as well as handle ordering, restocking, and customer service.
- Use barcode tracking
Using barcodes to track inventory can help improve accuracy and speed up the inventory process. Many barcode tracking systems can be integrated into inventory management software to help streamline processes further.
These are just a few ways to help improve bar inventory control. With proper planning and implementation, bars can better manage their inventory levels, save time and money, and maximize profits.
Are you interested in learning more ways you can improve control of your bar inventory? Get in touch with the Sculpture Hospitality team of inventory management specialists today. We would love to answer any questions that you may have.