It’s all too easy to fall behind on your liquor store’s inventory — and the consequences can be disastrous.
Your storage room will overflow with random bottles, your customers won’t be able to find their favorite spirits on the shelves, and your bottom line will eventually start to slip.
Luckily, there’s a better way. The right software can make stocking your liquor store with the perfect balance of products effortless.
In this blog, we’ll cover everything you need to know about liquor store inventory systems, including five key benefits and our four favorite providers.
Cheers to saved time, happier customers, and higher profits!
First, let’s talk about what a liquor store inventory system is and what it can do.
This powerful software can help you maintain spot-on stock records, prevent stockouts, and protect your cash flow — but only if it includes the right features. Here are five things to look for when searching for a liquor inventory tool.
Our number-one recommendation is to choose an integrated point of sale (POS) and inventory management system. This means that you’ll rely on one software to manage all aspects of your liquor store’s operations, from processing sales transactions to tracking your inventory levels.
Here are a few reasons to consider this approach:
In short, if you’re struggling with your liquor store’s inventory, it’s time for a complete upgrade to a modern POS system.
The biggest benefit of liquor store inventory software is that it gives you a real-time overview of your stock levels.
You can see exactly what you have in stock at a glance to answer customers’ questions, make more informed decisions, and reorder your bestsellers before a stockout strikes.
If you choose a cloud-based system, you can access this data from anywhere, at any time — giving you peace of mind even when you’re away from your business.
Case breaking is a must-have for liquor stores. It lets you track and sell liquor in various quantities, including full cases, partial cases, and individual bottles.
This feature speeds up the checkout process, makes it easier to interpret your inventory data, and offer promotions like mix and match deals or build your own six-pack options.
Related Read: Promoting Liquor Products: 7 Sales-Boosting Strategies To Try
The best liquor store inventory systems can help you tackle your most time-consuming to-dos through automation.
Specifically, we recommend looking for software that automates the purchase order creation and receiving process.
These features detect when you’re running low on one of your most popular bottles and automatically generate a purchase order to replenish your inventory. They also update your stock records when new inventory arrives at your store, eliminating another tedious manual step.
Your liquor store software should go beyond simply monitoring your inventory data, turning this information into valuable, actionable insights.
Here are just a few things you can learn from an inventory management system with powerful reporting and analytics:
Digging into these reports helps you stock the right products in the right amounts at the right time.
The right software can transform your liquor store’s operations and profits — but only if it’s the right fit.
We know how hard it can be to wade through the world of POS and inventory management software providers, so we’ve put together this shortlist to help.
First on our list is National Retail Solutions (NRS).
We’ve included NRS because they offer user-friendly software with simple inventory tracking — making them an attractive choice for new liquor store owners who just want the basics.
You can track your inventory levels, set prices, and get alerts when you’re running low on a certain product. However, you won’t have access to automation tools or liquor-specific features like case breaking.
NRS’ software pricing options range from $19.95 to $49.95 per month, with options to pay more for features like age verification and advanced reporting.
mPower Beverage POS is a liquor-specific POS provider offering a step up from NRS’ inventory management capabilities.
Features like barcode scanner-powered stock counts and suggested inventory ordering make it easier to keep your shelves stocked with the right bottles. They also offer a unique feature that allows your customers to build their own six-packs, encouraging them to try new brews and spend more during each trip to your liquor store.
mPower Beverage POS’s software costs $120 per month.
Lightspeed is a powerful POS option to consider if you have multilocation or e-commerce goals.
With Lightspeed, you can track stock levels across multiple liquor stores and sync your inventory and sales records between online and in-store sales.
While this provider doesn’t cater to liquor stores in particular, they might be a solid option if you’re struggling to manage inventory for a rapidly expanding business.
Lightspeed’s software prices range from $109 to $339.
Our final pick is Bottle POS, an all-in-one POS system specifically designed to help liquor store owners tackle challenges like inventory management, marketing, and profitability.
Our software includes all the features you need to keep your shelves perfectly stocked, including real-time inventory tracking, automated reordering and receiving, product ranking, case breaking, and more.
Plus, our team of liquor industry experts is available 24/7 to help you make the most of the software.
Check out our build and price tool to get an instant, custom quote for your liquor store.
Ready to start your journey toward smoother inventory management and higher profits? You’re in the right place!
Along with robust inventory management tools, Bottle POS includes built-in age verification, a sales-boosting customer loyalty program, flexible e-commerce integration, and more to take your liquor store to the next level.
See these features in action by scheduling your live, personalized demo today.
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