WHY BARMETRIX?
With over 30 years of experience, Barmetrix is an external stocktake, inventory analysis and consultancy company within the hospitality industry.
Our experienced team guides hospitality businesses with an in-depth understanding to identify inefficiencies in their establishment’s use of their inventory.
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We have a proven track record of reducing liquor and food costs for thousands of venues
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We provide solutions not just data
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We share best practices from the hospitality industry and your competitors
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By using Barmetrix for your stocktaking, your can staff focus on offering great service to your customers and generating sales
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We provide you with a knowledgeable expert
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We offer complete visibility across your business
Why Barmetrix?
What Sets Us Apart
With over 20 years of experience, Barmetrix is an external stocktake, inventory analysis and consultancy company within the hospitality industry.
Our experienced team guides hospitality businesses with an in-depth understanding to identify inefficiencies in their establishment’s use of their inventory.
-
We have a proven track record of reducing liquor and food costs for thousands of venues
-
We provide solutions not just data
-
We share best practices from the hospitality industry and your competitors
-
By using Barmetrix for your stocktaking, your can staff focus on offering great service to your customers and generating sales
-
We provide you with a knowledgeable expert
-
We offer complete visibility across your business
FAQs
FAQs
How much do you charge for a stocktake?
What would you expect to pay to have a complete analysis of your business? As there’s no ongoing contract, if we are not adding to your bottom line, you can stop the service at any time. We service a vast range of business styles and sizes, from restaurants to hotels and bottle shops. We tailor our service to your business needs. Get in touch with us for an obligation-free quote.
We do our stocktakes internally, why should I use Barmetrix?
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How much time does it currently take your manager to complete a stocktake? Would you prefer your manager be spending time generating the information or acting on it? We can not only generate very accurate information quickly but also work closely with you and your management team to devise strategies to act on it!
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If a bartender was to take 30mL from 20 open bottles (at $10/nip) would you be able to detect this? Years ago, when product ranges were limited, counting by eye was a sufficient way of controlling stock. But the ability to determine precisely what is in open bottles or guessing within 1/10 is comparable to counting the change in your till drawers by eye or actually counting the coins.
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Do you still count your tills after every shift? Why? (Because accidents happen and we need to minimise them). Accurate, timely reporting is the key to controlling stock just like cash. Industry studies show that 80% of variances are caused by non-intentional activity and we are the only company able to both identify and work with management and staff to eliminate this.
Shouldn’t my Point of Sales do these stocktakes for me?
Who is currently doing your stocktaking? How many hours? How frequently? What results are you getting from this? It takes our consultants 600 hours to learn how to produce these reports. An average pub takes us 8 hours using the best tools on the market. We know some POS representatives who actually recommend our services as they know how difficult it is to get a good result from managing internally.
I have been working in the industry for years, why do I need Barmetrix to do my stocktakes?
When is the last time you challenged the way you do things and looked at improving the process? Could your time be better spent bringing other people in, working with your staff? We’ve found our best clients have a thorough understanding of stock management practices and are able to hold us fully accountable to leverage their maximised results.
What sort of technology do you use to perform a stocktake and do I have to learn it?
Would you agree that the best technology and expert advice is the best way forward? We are a completely outsourced, 3rd party service. We have experts trained in the use of our software who specialise in providing fast and accurate information. Our clients don't have to use the technology themselves they just see the results!
My last stocktaker gave me inaccurate information. Why should I believe your results?
What information exactly are you looking for to run your business? Money aside, what is the ideal for you? We have developed a system and technology to deliver something that was never before possible. Don't just take our word for it, we encourage having your onsite staff double-check with us at the time of stocktaking to ensure accuracy.
I have had the same stocktaker for years. Why should I change to Barmetrix?
When was the last time you ran a parallel stocktake to check the accuracy of the information you are getting and assessed the ROI? As a business owner, you are always looking for improvements. This unique analysis will challenge your current stocktaker to lift their game!
How can you help me with my low cash flow?
What measures are you currently undertaking to reduce your operational costs? Is your turnover proportional to the profit you make (i.e. do net profits go up with turnover?) Some of our clients feel that, when turnover is down, it is a good time to be looking at your business and improving the internal systems. That way, when it gets busier (and it will) profitability will rise proportionally.