Beverage Stocktaking

Unlock Business Success with Beverages Stocktaking

45ad80_8b75f082ad9b4a2c8f1a533054b83531~mv2_d_6000_4000_s_4_2

A regular stocktake is a vital part of any successful beverage outlet. An accurate, detailed stock variance report can quickly highlight and quantify stock shortages. This can protect your business from theft, fraud, and any other poor practices that may be hurting your profitability. Our trained experts will provide you with same-day reports, including stock variance reports by product, to highlight exactly where losses are. Overstock and outdated stock will be highlighted. On consultation, our stocktakers will establish par stock levels and stock order procedures, which will have a positive effect on cash flow. We will advise on the likely cause of any shortages and what action should be taken to minimize future losses. Our unique and fully customizable dashboard reports quickly summarize the stocktake reports and highlight all relevant stock control issues.

Sample Reports

Get an Eagle’s Eye View of your Beverages Stocks with these Stocktake Reports.

Overview Report

A summary of gross profit & beverages stock levels.

Variance Analysis

Beverages variance analysis of the current period & variance history.

Profit Analysis

An analysis of gross profit, stock levels, & adjustments.

Stock Variance Report

Complete analysis of beverage stocks in a given period.

Why are Beverages Stocktakes Important?

A beverage stock audit ensures both your budget and business goals are met. At Hospitality Partners, we take it a step ahead. Get a complete overview of your portfolio with comprehensive management reports and same-day beverage stock results.

Reduced Wastage

A stocktake will help you identify pilferage and how to mitigate issues of increased wastage negatively affecting your business.

Profit Analysis

Regular audits will track profitability over current periods to confirm whether your business is meeting its budget goals and profit targets.

Accurate Pricing

Inventorying also helps you price your beverages appropriately to achieve the cost of goods sold.

Efficiency

A beverage stocktake identifies poor management practices and is a great learning opportunity for your employees to do their roles more efficiently.

The Benefits of Regular Beverage Stocktaking

1. Detecting Hidden Losses to Optimise Inventory

Track discrepancies that aren’t obvious. Mis-pours, unrecorded complimentary drinks, so on.
Identify patterns in wastage over time to tackle recurring issues before profits are impacted.
Analyse how each product moves through your bar, from storage to the counter, to pinpoint bottlenecks.
Prevent overstocking + make smarter decisions using stock variance insights.

2. Forecasting Demand and Planning Stock

Avoid cash being tied up in slow-moving inventory. This can be done by adjusting order quantities based on actual demand.
Support marketing decisions, such as which beverages to feature in seasonal offers or limited-time menus.
Reduce last-minute stock shortages that could affect customer satisfaction and revenue.
Make menu adjustments informed by real consumption patterns rather than guesswork.

3. Supplier Monitoring and Performance Insights

Keep track of deliveries to confirm that quantities and quality meet agreed standards.
Detect subtle inconsistencies, including mislabelled or incorrectly priced stocks.
Strengthen negotiation power using verified data rather than estimations.
Ensure that invoices and actual stock received align perfectly - preventing hidden losses.
Build better supplier relationships by highlighting issues clearly.

4. Maximising Pour Efficiency and Gross Profit

Identify beverages that yield the highest margins. Ensure they’re prioritised in service.
Standardise pouring practices across staff. It reduces overuse and waste.
Track slow-moving items to decide whether to promote, rotate, or remove them.
Analyse gross profit per product to inform menu planning and pricing strategies.
Use insights to train staff on efficient practices that maintain quality without sacrificing profitability.

NEED A STOCKTAKING PARTNER?

Complete Stocktaking solutions for & hospitality businesses in Dublin.

Get Started

FAQs

Leverage the information box style to display your information in the accordion style.

Why hire a Stocktaking company?

The profit, variance, and stock analysis reports gathered by our auditors will give you an in-depth insight into your inventory. You can identify potential losses in your business and analyse gross profits and margins. Our experienced stocktakers will identify key issues that are causing losses and help you resolve any mismanagement issues in your operations.

Can Stocktaking prevent theft?

Stocktaking is a valuable defense for your business against employee theft. An independent stocktaker will analyse stock count, stock rotation, wastage, and pours and likewise identify areas of concern or those requiring supervision.

What will the stocktake report include?

You will get a complete overview of stocks on hand, gross profits, stock variance, and other custom reports you need. Each report will contain graphical and tabular information to clearly show all itemised purchases and stock reports. If you want to learn more about how a stocktake can keep your business on track, please contact our team without hesitation. We will be happy to assist you in any way possible.