Inventory

How to Count Inventory in a Liquor Store (Without Losing Your Mind)

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liquorpossosftware

How to Count Inventory in a Liquor Store (Without Losing Your Mind) Nobody opens a liquor store because they dream of counting bottles at midnight. Inventory counts are tedious, time-consuming, and about as exciting as watching paint dry. They’re also one of the most important things you can do for the health of your business. … Read more

How to Build a Liquor Store Inventory List for Your POS System

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hazels liquor store

What Is a Liquor Store Inventory List? A liquor store inventory list is a structured database of every product you stock—including beer, wine, spirits, mixers, and accessories. Each entry typically includes the item name, brand, size, UPC barcode, category, vendor, cost, and retail price. When you switch to a new point of sale system or … Read more

Liquor Stores Benefit From Data-Driven POS Software

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Benefits from Data-Driven Point of Sale With the rise and fall of beer, wine, and liquor store sales throughout the year, there are many ways store owners can improve. The most common re-liabilities include competitive pricing and convenient store locations. However, store owners can benefit from a data-driven point of sale to help them make … Read more

Liquor Store POS: Making Inventory & Taxes Easier

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January is a quieter month for customer traffic, but one of the busiest behind-the-scenes months for liquor store owners. Physical inventory counts, tax reporting, and end-of-year financial reconciliation all land at once. If your liquor store POS system isn’t making these tasks easier, it’s making them harder — and costing you time you can’t afford … Read more

How Barcodes Help Inventory Tracking

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Inventory Tracking with Barcodes

In the retail industry, using a barcode can help you manage your inventory more accurately. By tracking your inventory by the barcode, you can easy manage orders, receive shipments, and see what is selling within your point of sale system.

barcode

Barcodes are especially helpful when there are multiple products that may have the same UPC code. For example, within the liquor retail industry, for your beer you have your standard brews and your holiday brews. Both products may share the UPC code. If you use a SKU number and a barcode, you can easily manage the items as standalones and the inventory of those items.

Some may not have implemented barcodes within their stores yet because they feel it is difficult and not cost effective. That is false. Implementing barcodes is very easy and cost effective. If you have the right point of sale system, they will have a ticket designer in the back office where you can easily print tickets when you have item price changes, promotion changes, or simply adding in new items. The ticket designer should be able to work with a ticket printer of your choosing. Ticket printers are typically a zebra printer or a regular printer with Avery labels.

If you’re still not convinced to implement barcodes yet, here is the number one reason (besides inventory) to implement: A seamless checkout process for the customer.

Making Package Store Inventory Easy

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Make Inventory Control Easier In Your Store

Managing your package store inventory can be a daunting task when you are selling product in multiple different ways. mPower Beverage makes managing this inventory easier. In mPower under the item, you can manage your inventory in multiple ways by using the SKU number. This allows you to manage your cases, packs, and singles not only under 1 item, but keep those with the same UPC code, separate.

What is the difference between UPC code and SKU number? Why is it important?

The UPC code on an item is typically 12 digits. These codes are used for tracking inventory that is sold within stores. The UPC code identifies the manufacturer and specified product so that it may be sold easily. Unfortunately, the UPC code does not allow liquor store owners to manage their inventory under a single UPC. Seasonal beers and vintage wines may share the UPC code with other items which can cause chaos while trying to track inventory. Chaos can be avoided by using the SKU number alongside the UPC.

The SKU number is a unique identifier for an item and is used to manage product. The items in mPower are tracked by the UPC code and the SKU number. The SKU is specifically assigned to a product for internal operations. Clients can assign their own SKU or allow the system to automatically assign a number.

Within mPower Beverage your product will be managed by both UPC and SKU. The UPC is used to scan product for a seamless checkout process and easy inventory count. The SKU will help you manage your seasonal and vintages separately from other product. The SKU will also help you manage your cases, packs, and singles seamlessly under 1 item.

upc

When making inventory changes (think inventory counts) you will upload the SKU and quantity. When checking out customers, the cashiers will scan the barcode and if there is more than 1 item sharing the UPC code, it will ask the cashier to select the correct item. For example, if they purchase Sam Adams Seasonal 6-pack, it will ask the cashier to select “Sam Adams” or “Sam Adams Seasonal.”

By utilizing both the UPC code and SKU number you can manage your inventory more accurately and provide customers a seamless checkout process.

3 Reasons to Utilize Liquor Store POS Software

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beerbottlestorepos

3 Reasons to Utilize Liquor Store POS Software

Owning and operating a liquor store can present great benefits and alternatively, not so great benefits such as stress. By utilizing Liquor Store POS Software, you can reduce the stress and increase the benefits. Below are 3 reasons to invest, and utilize, a Liquor Store Point of Sale.

Be Compliant within State Liquor Laws

Running a liquor store not only means abiding by local laws, but by state laws as well. Stay compliant by implementing a Point of Sale system that knows your state. Find a POS software that is designed specifically for your space. You want a company that knows your business in and out. This will allow them to quickly learn about upcoming law changes from not only their current clients, but from their in-house research as well.

liquor store inventory control, liquor store point of sale softwareFor example, Pennsylvania passed a law to allow store owners to sell beer as six packs and singles. This law went into effect January 13th, 2017. mPower Beverage Software was aware of this change and was able to easily integrate the change within their current PAcustomers to be effective by the 13th.

More Control over Cash Flow

With a proper Liquor Store POS System, you can have more control over your cash flow in a variety of ways. One way is to give your managers and cashiers different roles and rights within the system. Provide your managers the right to override discounts while your cashiers need management approval before applying discounts. Another way to control your cash flow is to utilize reports. Import reports to look for include a daily sales report and need to order reports.

Easy and Accurate Age Verification

Choose a liquor store system that gives you the option to utilize a 2-D Scanner. This scanner not only scans barcodes on product, but the odd barcode on the back of a driver’s license. By using the 2-D Scanner, you are insuring that your cashiers are not only checking every ID, but making sure that the ID is not. The 2-D Scanner will not only check the birthdate on the driver’s license, but it will tell you if that license is expired or not.

A great example of this is the Texas State TABC law. It is illegal to sell, or serve, to someone with an expired license. By utilizing the 2-D scanner you can know that every customer is of legal age and has an active license. If it alerts you otherwise, you can simply not sell to that individual

By utilizing user roles and rights, age verification, and reports, you can start to reap the benefits of utilizing a Liquor Store Point of Sale Software.