00:00:02,700 this is Jamie with Bar I
00:00:04,033 this video is part of our why bar I series
00:00:06,266 where we delve into some of the big picture questions
00:00:08,166 about why you should consider using bar I
00:00:09,966 for your inventory system
00:00:11,433 in this video we're gonna talk about
00:00:13,100 the benefits of having three tiers of analysis
00:00:16,300 and no contracts so that you can
00:00:18,833 either pick the right level of detail analysis
00:00:21,000 that's right for your business
00:00:22,500 or you can start with the basics of counting
00:00:25,866 then move up to doing like cost by category
00:00:28,000 and then looking at level 3
00:00:29,500 or down to the serving inventory um
00:00:31,766 so Barry has a number of different products
00:00:34,800 and in the last video
00:00:35,633 we talked about how we can use variable expert
00:00:38,833 support to help you get the most out of your efforts um
00:00:41,966 in this video we're gonna delve into the different
00:00:44,166 levels of analysis that are
00:00:46,166 are provided by our three different main products
00:00:48,166 so the three products are bar I Speed Count
00:00:51,266 Bar I complete and bar I Pro or Speed Count Pro
00:00:55,366 so bar I Speed Count is simply a very fast
00:00:59,766 efficient
00:01:00,366 and auditable way to count your bar's liquor inventory
00:01:04,000 so it provides the ability to set up
00:01:05,966 self to sheet mapping
00:01:07,266 divide counts up between multiple people
00:01:09,433 set up items by scanning their existing barcodes
00:01:11,966 and pulling from our database of 35,000 items um
00:01:15,100 when you're doing counts themselves
00:01:16,433 you can obviously change the map easily
00:01:18,666 rescan barcodes but
00:01:20,366 it loads in the order
00:01:21,566 things were set up and counted last time
00:01:23,100 so you're not having to scan every bottle every time
00:01:25,000 you count only those items that have moved
00:01:27,000 which is much
00:01:27,366 much more efficient as well as increasing accuracy
00:01:30,000 when you have open containers
00:01:31,466 whether they're kegs of beer
00:01:32,466 or bottles of liquor and wine
00:01:33,866 we have a Bluetooth scale
00:01:35,266 so you can weigh them
00:01:36,166 accurate to the tenth of an ounce
00:01:37,300 in the case of liquor and wine
00:01:38,900 and the calculations will automatically be done
00:01:41,566 so we're not guestimating
00:01:42,666 if it's a point six or a point seven
00:01:44,100 or arguing about the difference there um
00:01:47,066 and the end result is the
00:01:48,433 the second you've count
00:01:49,566 or weigh that last bottle and finalize your count
00:01:51,800 you'll instantly have a full list of everything
00:01:53,800 that's been counted organized by category
00:01:56,100 you can sort by subcategory
00:01:57,466 and you can view that information on the screen
00:01:59,600 and also export it um
00:02:01,266 into Excel or a
00:02:03,566 formats that are friendly with restaurant
00:02:04,833 accounting systems like restaurant 3
00:02:06,600 6 5
00:02:07,433 and so that's a great starting point
00:02:08,766 and also a good product for
00:02:10,200 people are already doing their analysis um
00:02:13,266 using another system like restaurant 3
00:02:14,666 6 5 um
00:02:16,000 stepping up from that
00:02:16,800 if you wish to integrate your purchase prices
00:02:19,233 so you can calculate inventory on hand
00:02:21,266 and then integrate the value of your purchases
00:02:23,366 each period so you can calculate um
00:02:25,566 how much alcohol you used
00:02:27,033 and divide by your sales to calculate your liquor cost
00:02:29,566 that's analogous to what most bars
00:02:31,466 at least are trying to do
00:02:33,100 and typically you know every ideally every week
00:02:35,433 but sometimes every two weeks or end of month
00:02:37,800 will do all
00:02:38,800 a full inventory count and input all of the
00:02:41,100 the prices purchases
00:02:42,866 sales and calculate liquor cost by category
00:02:45,500 so that's level 2
00:02:46,766 and Barry system makes all those calculations um
00:02:50,200 much more automated and faster
00:02:52,366 so that perhaps
00:02:53,500 maybe one of the reasons you only do monthly
00:02:55,200 inventory is because it takes so long
00:02:57,366 and you don't um
00:02:58,466 get reliable accurate numbers well
00:03:01,633 if the process takes less time
00:03:03,300 and is more effective
00:03:04,033 and automates some of the calculations
00:03:05,700 that will improve that situation
00:03:07,233 so for many bars like uh complex environments casinos
00:03:11,233 hotels
00:03:12,366 just getting to the point of having accurate liquor
00:03:14,166 cost is
00:03:14,500 is a big win and then finally with our pro version um
00:03:18,233 we've blogged a lot about this
00:03:19,433 but the idea with the pro version is that most bars
00:03:23,166 are pouring more alcohol
00:03:24,666 than what they're actually selling
00:03:26,000 and so
00:03:26,766 if you precisely compare what's being sold and poured
00:03:29,466 for every product
00:03:30,466 you can measure what is missing the dollar value
00:03:33,066 you can look at it in terms of overall percentages
00:03:35,000 both for an individual item uh
00:03:36,866 for a category and for for the bar
00:03:38,966 and what we see is most bars
00:03:40,466 scoring in the range of 85%
00:03:42,433 so they're missing 15%
00:03:44,233 until you measure what your level of shrinkage is
00:03:46,400 and what your losses are it's difficult to determine
00:03:49,633 you know what effort we need to make and
00:03:51,800 the value of that
00:03:52,966 when you can see the dollar value that's missing
00:03:54,566 each period um
00:03:55,866 it's a very useful tool when you can see for instance
00:03:57,800 where your liquor cost is today
00:03:59,366 and what it would be if every drop was rung up
00:04:01,366 correctly it's a very powerful tool to optimise
00:04:03,966 a lot of different areas of your bar business
00:04:06,166 so the idea is said with bar eyes
00:04:08,600 that we've got these three tears
00:04:09,833 just counting liquor cost by category
00:04:11,966 or down to the serving results
00:04:13,666 and the way our billing works
00:04:15,500 you just pay a monthly subscription for
00:04:17,700 the software license for those three tears of analysis
00:04:20,500 and then you can use our live training
00:04:23,700 setup and support Account Manager services
00:04:26,633 just at the start during setup or an ongoing basis
00:04:29,800 or as a you know
00:04:31,200 taper that off and use the system self service
00:04:33,633 but having those three tears of analysis
00:04:35,600 and no contracts
00:04:36,433 so you can switch between them as your sales
00:04:39,166 volume and performance dictates
00:04:41,266 is a really effective way to balance what you're doing
00:04:45,066 and and the cost of using an inventory system
00:04:48,066 as always thanks for watching
00:04:49,066 let us know if there's any other topics
00:04:50,366 you'd like us to address thank you
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