Point counting inventory
In Bar Cop, you can point count your open liquor and wine bottles, tapped kegs, and food/miscellaneous partial units. If you are concerned about theft, then we do not recommend point counting open bottles and kegs because the margin of error is too high to accurately determine if you have a theft problem.
What is point counting?
1) Point counting is also known as "weightless inventory", "eye-balling", or "tenthing". In the simplest explanation, it is estimating how much product is in a bottle by visually guessing where the product level is.
2) These guesses are calculated by points. An open bottle's point count range would be .01 through .99, so if a bottle looks half full it would be called a .5.
3) Point counting has a large margin of error because; bottle sizes, shapes, glass thickness, glass color, and product color all distort our visual ability to estimate the correct product level.
4) Yes, inventory apps that slide a bar up and down is guessing and point counting.
So should you point count or not?
It really depends on what you want to achieve with your inventory control. For an accurate inventory, we recommend weighing products and only point counting products that do not sell very often.
How to enter point counts:
Product point counts are entered in the "Point Count" column in each inventory location that you have setup. Point counts are also entered for food and miscellaneous products in the "Partial Unit" columns.Have any questions? Contact us.