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Definition of bar inventory. Inventory plays a crucial role in a well-designed management system, ensuring effective internal control in a bar. Any establishment serving alcoholic beverages is required to maintain a bar inventory. A well-executed bar inventory system contributes to effective stock control and the monitoring of stock movement. Regular and frequent bar inventory checks are essential. The more often alcohol inventory is conducted, the simpler it becomes to identify discrepancies and promptly inform the Manager..
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4. Inventory Process. Input. The PIC must perform physical bar inventory count on a daily basis. All items received from store requisitions, inter – transfers and consumption must be recorded in the Bar Inventory Template (GM-FB-FBG-F004) bar operation PIC performs a physical inventory count and records the data in the Bar Inventory Template..
Maintaining Par Levels. 1. Set Par Levels. Par levels are set based on historical usage data, sales patterns, and replenishment lead times..