Stock Count
Definition:
A Stock Count is a physical count of all inventory on hand at a given time. It’s a snapshot of your product quantities, used to calculate Inventory Value, identify variances, and drive smarter ordering decisions.
In Context:
Stock counts are the backbone of effective inventory control. In Spec, completing a stock count not only updates your inventory levels, it also triggers features like Order to Par, cost analysis, and margin tracking.
Most successful bar programs perform weekly or bi-weekly stock counts. Some venues count high-value items like spirits or wine more frequently and lower-priority items (e.g. mixers or garnishes) less often.
Example:
After counting 3.5 bottles of gin, 5 bottles of vodka, and 6 bottles of rum, Spec will calculate your current On Hand inventory value and suggest any orders needed to bring stock back up to Par Level.
Pro Tip:
Consistency is key. Count the same way every time (same day, same person, same method) to avoid bad data. Spec lets you track count history over time.
Related Terms: