Leveraging IoT to Reduce Costs and Increase Revenue
You have a busy schedule throughout the day. Completing ‘must do’ tasks to run your business – like managing a beverage program. Poor practices, lack of insight, or insufficient systems lead to one conclusion = increased costs.
You can’t afford to have inadequate oversight. With decades of experience in hospitality and technology, we built a system leveraging new IoT capabilities. From single to multi-unit enterprises, we are with you every step of the way.
Getting Back to Business, but Short Staffed and Looking for More Cost Control? Let Us Help.
With decades of experience in hospitality and technology, we built a system leveraging new IoT capabilities. From single to multi-unit enterprises, we are with you every step of the way. With potential staffing issues you may already be facing, our system will help you reduce time spent on inventory, supplier ordering and other tasks related to your beverage program. We understand your needs and are ready to help.
Increased Profitability Through the Beverage Metrics System
Inventory Management
- Flexible handheld/device options – our barcode scanner or your iOS or Android device – the choice is yours!
- Scanning manufacturer barcode shows actual bottle image, thus reducing errors and significantly increasing accuracy – an industry first!
- System seamlessly tracks manufacturer changes in bottle sizes, labels and more so you don’t have to
- Easily start tracking your inventory from delivery including by single bottle or cases
- Unlimited access to the continually updated Beverage Metrics Global Item database
- Scanned a new item? Easily add any new item, new shapes, new label or more and have it available for inventory instantly.
- Separate log in credentials for each user increases security and accountability
- Manage inventory used for banquets and events
- And much more…!
POS Integration
Our POS integration is optional and its functionality can be added at any time. We do however, believe it is a ‘best practice’ as staff can easily and effectively manage the variance between what inventory is used and what is accounted for in your sales (POS transactions). Enforcing POS accountability with staff is the single most effective way to grow your sales. Additionally, with our POS integration functionality added, daily sales will deplete on-hand inventory, thus maintaining a daily perpetual inventory. Features include:
- Accurate and up-to-date perpetual inventory enables and enhances inventory ordering, spot-checking, audits and more
- Provides variance reporting for accurate pour cost accounting (cost/sales)
- Enhanced drink recipe capability properly depletes inventory based on the sales transactions including accounting for drink recipe substitutions, while also reducing the ongoing and time-consuming maintenance required to keep recipes updated
- Unlimited access to our continually updated Global Recipe database can reduce time and aggravation
- Configure ingredient types that default to well items for convenience and save time
- Flexible architecture allows us to easily work with any POS system
- Click here to see what System Integrations we have set up today.
- And much more…!
Supplier Ordering
- Keep track of all your supplier partners (including by item) including specific information for each like contact name, number, email, tax rate and any special ordering instructions
- Click on our ‘Suggested Orders’ tool and order amounts, by item and by supplier are prepared for your review and submittal to each supplier(s). P. Os. can easily be sent to one or many suppliers by email right from our system.
- Ability to add substitutions to a P. O. when receiving new inventory. System can also help you receive and track promotional bottles when receiving.
- System allows you the option (if needed) to close an incomplete P. O. on an order-by-order basis saving you time and trouble from logging back into the system at a later date
- And much more…!
Actionable Reporting Increases Profitability
- Reduce costly overstocking errors by seeing what you should be ordering versus actual orders
- Instantly know beverage cost percentage
- Having a perpetual inventory allows you to uncover the variances between a physical inventory and what was sold – POS (integration needed), thus saving you money
- Track top sellers and slow movers and optimize your offerings
- Easily access all inventory, who and when the inventory was taken, giving you full transparency and staff accountability
- Flexible reporting tool allows for a variety of personalized views including showing/hiding the columns you want to see, in what order you want and robust search capabilities
- And much more…!
