Okay, let's talk about draft beer. It's a big deal, right? It's often a cornerstone of your bar's sales and profits, but it can also be a real headache if you don't keep a tight grip on it.
That’s why it’s critical to have visibility and control of your draft beer inventory. Managing draft beer inventory, however, can be complex due to factors like keg size, pour consistency, and product freshness. All these things, when managed incorrectly, can significantly impact your business’s bottom line.
But it doesn’t have to be that way. By implementing effective draft beer inventory control strategies, you can optimize your operations, reduce waste, and increase profitability.
In this blog, we’ll dive into five key steps needed to successfully manage your draft beer inventory.
Draft beer inventory isn't just about counting kegs. It's about knowing what's in those kegs, when it's going to run out, and how much you're really making on each pint. It's about preventing waste, keeping your customers happy, and, let’s face it, making more money.
Effective draft beer inventory control is crucial for several reasons:
There are several methods for tracking draft beer inventory:
For more information, check out our blog… Why Weighing is the Most Efficient and Accurate Bar Inventory Method.
Keg flow monitors - such as BarTrack and Bevchek - are like having a detective on your bar. They watch every drop that goes out so that you know exactly how much beer is left in your keg. This helps you spot problems like leaks, overpouring, and even employee theft.
Most importantly, it's important that you track your inventory data and sync it up with your point-of-sale (POS) system. An inventory management system is your new best friend. It keeps track of everything, from what you've got to what you need to order. Look for one that can:
Beer is a living thing. It has a best-before date. Pasteurized tapped beer kegs typically last around 90-120 days, while unpasteurized tapped beer kegs last around 5-8 weeks. To help ensure you don’t waste inventory, it’s important to rotate your kegs to make sure the oldest stuff gets poured first. This follows the First In, First Out (FIFO) inventory methodology of managing your stock.
Your inventory data is a goldmine. Use it to figure out what's selling, what's not, and how much you're making on each pour. This information can help you:
We get it. Managing draft beer isn’t sexy. It can be frustrating and boring, and it’s not why you got into the industry… but boy is it important.
That's why, here at Sculpture Hospitality, we provide tools to make your life easier. Our inventory management systems and our preferred keg flow monitors give you the data you need to make smart decisions.
So there you have it. By following these steps and leveraging the right tools, you can master your draft beer inventory and pour profits into your business. Cheers to that!
Not sure where to start? Get in touch with a Sculpture Hospitality inventory expert today. We’d love to help show you how we can make your bar more efficient and profitable.