Running Excess Inventory reports regularly can help you visualize where you can slow down spending, and focus on moving products more quickly to increase their cash flow. Products that are just sitting on your shelves are not bringing in any profits, and do no good for your business.
From the Main Menu:
- Select Performance and then Excess Inventory
- Choose a date range* from the drop-down lists at the top of the page (these represent the dates of your finished inventory counts)
- Click Run Report
- View the graph and the table to see your products with the most excess stock
- Use this data to help you focus on getting these products sold either by creating specialty cocktails with them or having your bar staff feature them more prominently
*We recommend running a date range of a month or more to get a more useful report