| Hospitality Industry Solutions: |
Portion Modifier"We guarantee that VIP Inventory Software will .. "Generate the Most Accurate Usage Reporting Ever Done" The Industry Problem...We looked at the market for current liquor/food inventory solutions and found no product that addressed the real world issues of how liquor/food is sold and how portions are affected by modifiers such as Rocks, Up, Double, and Neat. Our criteria was to find integrated POS / Inventory solution that was fast at the bar and recorded all usage by brand. There were virtually no products on the market that met the criteria. Not one mainstream integrated POS / Inventory solution currently can provide an accurate enough theoretical usage for Liquor, Beer, Wine and Food.
The problem we found was that universally the generation of a REAL theoretical usage was always based on deficient POS sales data that had inherent flaws in the detail of what was exactly sold. Weekly sales revenue of $1,000.00 for "Rocks" was never product specific. The open Liquor Category represented to high a percentage of most operators sales. So operations that focus on cost controls get a cost % that's fairly consistent on a regular basis. Most Operators just hope that their beverage percentage remains consistent and feel that that's the best that they can hope for. The question becomes is the goal consistency or accuracy? Somehow the industry seems content to operate within a percentage mindset that no one can quantify or verify. Operators as a group fall into the trap of consistency in overall cost percentages as being a valid measurement of profitability. As an industry no one has any idea if the reported percentage is meaningful or accurate. Until sales and usage are truly correlated the industry will continue the traditional hospitality gut percentage beverage management technique.
Our contention is simple, until Portion Modifier there was no way to easily measure profitability by liquor brand in relation to usage and revenue. If you have an Aloha POS system and a commitment to become more profitable then consider taking control of your inventory. We think a 3%-5% improvement justifies the investment!!! The concept is simple:
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