Tags:BarBeverageFoodFoodTechIndustryITManagementRestaurantTimeTools
The same reason why you count the cash in the register at the end of the night is the exact same reason why you count the liquid assets that are sitting on your shelves. Because if you don't, statistically 23% of it just walks out the door! But not anymore, thanks to Partender. ------------------------------------------ Like the retail industry, the restaurant industry moved into the 21st century with SKU numbers that automated point-of-sale (POS) systems with supply-chain management. Unfortunately, the bar industry is still stuck in the 18th century. To make matters worse, Bevinco (a bar & eatery auditor) estimates that each bar loses 18-31% (or an overall industry average of 23%) of its inventory to ”shrinkage,” which is a loss of inventory due to theft, over pouring, bottle breakage, spillage, and more. Now think about this for a second -- 23 percent! That’s almost 1-in-4 drinks, and could be a bar’s profit margin for the year! Unfortunately, because the current process of doing bar inventory takes so long, it can only be done once a month to once a week... or never at all! This leaves bars not knowing what their inventory consists of on a daily basis, and leaves them vulnerable to theft and running out-of-stock before the next reorder. Fortunately, Partender protects against this. By providing an easy-to-use app interface, in which a bar manager can slide his or her thumb across a virtual bottle to accurately measure bottle levels, Partender reduces the time it takes managers to inventory from 6-24 hours to just 15 mins, and make bars virtually 100% accountable for their inventory. You can even use Partender to calculate your Beverage Cost and Variance in just 3 minutes more using our templates. Sign up for free at http://partender.com to bring your bar out of the 18th century and into the 21st. Our Specialties: Inventory, Bar, Club, Pub, Lounge, Restaurant, Alcohol, Accounting, Food & Beverage, Software, Mobile Apps
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Location: United States, California, San Francisco
Member count: 11-50
Phone: +1 888-787-4228
Founded date: 2012

Investors 5

Mentions in press and media 3

DateTitleDescriptionCategoryAuthorSource
07.05.2014Congrats t...Along with reporting on whatev...-Kia Kokali...venturebea...
25.10.2013ANNOUNCING...Over the last 10 months, we've...--tech.co/ne...
25.10.2013ANNOUNCING...Over the last 10 months, we've...--tech.co/ne...