Liquor Store Inventory Optimization

Do you want to learn more about optimizing your inventory?  You’re in the right place. Your liquor store must have the right amount of inventory for you to earn profits on those items that sell well without wasting space on inventory that doesn’t move. Watch the video below as to how Bepoz can help you with your liquor store inventory optimization.

What is Liquor Store Inventory Optimization?

When business professionals speak of optimization, they are referring to the act of ensuring you are making the most of your store inventory without purchasing too much and wasting cash, or too little and missing out on sales. Inventory optimization is incredibly profitable when it is done correctly. Unfortunately, it can be extremely time-consuming and difficult to optimize your liquor inventory without the proper inventory tools.

Optimizing Inventory With Bepoz

Bepoz Point of Sale Systems has features that help you with multiple areas of your business. One of its most powerful tools is inventory optimization. Bepoz can help you optimize your inventory numbers to make perfect decisions every time you buy. In fact, using Bepoz allows many liquor stores the opportunity to save up to 20 to 30 percent and more by keeping you from buying products you don’t need and ensuring you don’t run out of those products that sell the best.

How Liquor Store Inventory Optimization Works

Our customers love the fact that Bepoz is customizable. You scan in the inventory you have at each of your liquor store locations or at a central warehouse. Bepoz can report on your inventory as a whole or per store. Each time a product is sold, it is removed from inventory. You can then trigger Bepoz to automatically generate an order for more of any specific product when you reach a certain threshold. This makes the orders faster and better. Not just that, but if you have multiple stores, you can learn which items sell best in each location. You can even move inventory from store to store in order to maximize profits without overspending.

Do you want to know more about how you can optimize your inventory and increase your sales? Do you want to spend less time managing your inventory and more time making profits? Call Bepoz Liquor Store Point of Sale Systems. We are waiting to talk to you today.

Learn More:

POS For Liquor Store – We Have The Features You Need

Liquor Store Employee Permissions

Liquor Store Theft Prevention – Security & Cash Controls

Video Transcript

Timestamps
0:00 Intro
0:35 Inventory Optimization
1:43 Better Optimization Options
2:15 Increasing Sales

Hey, this is Tim with Bepoz point of sale for liquor stores. In this video, we’re gonna talk about one of the most powerful features of Bepoz. There are so many different ways to use Bepoz to help you generate revenue and find savings and secure your business, but this feature is really the biggest money maker for liquor stores. Not everyone because some businesses wouldn’t necessarily use this, but this is the big money maker.

0:35 Inventory Optimization

This is inventory optimization. Now, I talk to all sorts of folks who make their orders for their liquor stores from their vendors, and they do it in all sorts of different ways. But Bepoz has the capacity to help you make faster and better decisions about how much inventory to make. If you’ve got a thousand products, it is physically not possible, unless you want to spend a 40-hour week looking at history to figure out how much you sold and then look at the shelf and figure out how much have to make perfect decisions about how much product to buy.

Bepoz can help you optimize those numbers. So let’s say if you’ve got a thousand products and just two hundred of those products, you buy one extra bottle, and those extra bottles cost you ten dollars each. Well, that’s two thousand dollars right there. And that’s the lightest possible example that I could think of.

1:43 Better Optimization Options

In most cases, the examples are much more extreme than that. So we usually look at something on the order of 20-30% inventory optimization. So if you’ve got two hundred thousand dollars of inventory in your store, you’re talking about forty to sixty thousand dollars in potential savings while at the same time, we increase the sales at your store because some products you’re not ordering enough of. And when you don’t order enough, you miss the sale.

2:15 Increasing Sales

So I’m going to increase your sales, make the orders faster for you, so you’re going to make faster decisions better. So those better decisions are gonna come faster. It’s gonna be a time-saver. You’re gonna spend less time doing it, and better decisions are gonna come out of it saving you, for again, two hundred thousand store, forty to sixty thousand dollars on average. And we’ve seen as much as half savings in inventory at some of our customer locations where they’ve got a little too much inventory and a lot of product.

So this inventory optimization feature, we can certainly dive into greater detail on how that works, and how we help, and what are the ways that we look at that, but we’re going to significantly and dramatically improve the cash in your pocket for your business.

So if you’d like to talk to us about how we can help you with your business, give us a call at the number on the top of your screen or click the link below.