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The Stocktaking Summit Online Hosted by Barry Chandler
Overview ,[object Object],[object Object],[object Object],[object Object],[object Object]
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
My Background Commodore Hotel in Cobh, Co. Cork 1993-1997 Waiter/Barman
My Background Adare Manor, Co.Limerick 1997-1999 Trainee Manager
My Background Westwood House Hotel 1999 Asst. Bars Manager
My Background Cunard & Seabourn Cruise Line 1999-2003 Waiter Asst. Provision Master Food & Beverage Controller
My Background International Food & Beverage Management Diploma 2003-2004 Salzburg, Austria
My Background Setup Stocktaking.ie in 2004 offering a cost control solution to bars, restaurants, hotels and now retail outlets.
My Background In 2005, Barkeeper Limited was setup to provide resources and tools as needed by hospitality businesses.
The Goals with Stocktaking ·         Raise Profits ·         Reduce Theft ·         Identify Losses ·         Measure Performance
What to look for in a Stocktaker ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assumptions about your Business “ That Control is a  Mentality and not a Scheduled Event”
Assumptions about your Business Control your Cash Register Control Your Back Door Control Your Staff
How to Prepare for a Stocktake Video: How to prepare the shelves in advance of a stocktake
How to prepare the fridges in the bar ,[object Object],[object Object],[object Object],[object Object],[object Object]
How to get the kitchen ready for a stocktake ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Paperwork Needed before a Stocktake Period End Z Reading from the Cash Registers All delivery receipts/invoices for the period Transfers Booklet from the Bar/Kitchen Spoilage Record for the Period
Carrying out the Stocktake Video Series: How to Stocktake the Various Areas of the Bar & Kitchen How often should you conduct a stocktake and who should do it? What to weigh and what to count What to include in a stocktake and what to leave out What areas to count first and why it matters
Tools Needed for the Stocktake Weighing Scales Flashlight Count Sheets/Pen/Clipboard Calculator
 
 
Now that you have your count…. You’ll need… Total Sales Value Total Purchases Total Adjustments
 
 
 
Investigating Variances The first results will rarely be the final results If your results show overages  - Un-entered delivery dockets  - Stock returned but not recorded - A Void Receipt not corrected - Incorrect count - Promotional items not recorded as such
Investigating Variances If your results show shortages - Incorrect count - Giveaways/breakages not recorded - Theft - Data entry error - Brewery returns not recorded
Avoiding Counting Errors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Making a Plan for the Future ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
If you do suspect theft ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Q & A
To get some more information about stocktaking equipment visit  www.stocktaking.ie
Thank you for joining me on this webinar

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The Stocktaking Summit Online

  • 1. The Stocktaking Summit Online Hosted by Barry Chandler
  • 2.
  • 3.
  • 4. My Background Commodore Hotel in Cobh, Co. Cork 1993-1997 Waiter/Barman
  • 5. My Background Adare Manor, Co.Limerick 1997-1999 Trainee Manager
  • 6. My Background Westwood House Hotel 1999 Asst. Bars Manager
  • 7. My Background Cunard & Seabourn Cruise Line 1999-2003 Waiter Asst. Provision Master Food & Beverage Controller
  • 8. My Background International Food & Beverage Management Diploma 2003-2004 Salzburg, Austria
  • 9. My Background Setup Stocktaking.ie in 2004 offering a cost control solution to bars, restaurants, hotels and now retail outlets.
  • 10. My Background In 2005, Barkeeper Limited was setup to provide resources and tools as needed by hospitality businesses.
  • 11. The Goals with Stocktaking ·         Raise Profits ·         Reduce Theft ·         Identify Losses ·         Measure Performance
  • 12.
  • 13. Assumptions about your Business “ That Control is a Mentality and not a Scheduled Event”
  • 14. Assumptions about your Business Control your Cash Register Control Your Back Door Control Your Staff
  • 15. How to Prepare for a Stocktake Video: How to prepare the shelves in advance of a stocktake
  • 16.
  • 17.
  • 18. The Paperwork Needed before a Stocktake Period End Z Reading from the Cash Registers All delivery receipts/invoices for the period Transfers Booklet from the Bar/Kitchen Spoilage Record for the Period
  • 19. Carrying out the Stocktake Video Series: How to Stocktake the Various Areas of the Bar & Kitchen How often should you conduct a stocktake and who should do it? What to weigh and what to count What to include in a stocktake and what to leave out What areas to count first and why it matters
  • 20. Tools Needed for the Stocktake Weighing Scales Flashlight Count Sheets/Pen/Clipboard Calculator
  • 21.  
  • 22.  
  • 23. Now that you have your count…. You’ll need… Total Sales Value Total Purchases Total Adjustments
  • 24.  
  • 25.  
  • 26.  
  • 27. Investigating Variances The first results will rarely be the final results If your results show overages - Un-entered delivery dockets - Stock returned but not recorded - A Void Receipt not corrected - Incorrect count - Promotional items not recorded as such
  • 28. Investigating Variances If your results show shortages - Incorrect count - Giveaways/breakages not recorded - Theft - Data entry error - Brewery returns not recorded
  • 29.
  • 30.
  • 31.
  • 32. Q & A
  • 33. To get some more information about stocktaking equipment visit www.stocktaking.ie
  • 34. Thank you for joining me on this webinar