Why EIC?

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 WHY EIC?   There are many devices available to track inventory.  For example,  barcodes on the sides of the bottles with scanners or expensive scales with equally expensive programs for those scales along with several other methods.  These gadgets drive up costs to you the customer.  They are cumbersome to use and need to be constantly updated.  The result – relying on a process which is not user friendly and will ultimately be expensive and unreliable.  EIC uses a newly developed system for measuring the amount left in your liquor bottles.  After the first few audit cycles, overstocked items will become apparent as well as items which are under ordered.  The point is to keep your cash liquid in the bank not in the bottle.
 

You will be presented with a report which contains all of the information related to your inventory.  Reports are on average five pages which are simple to read and straight to the point.  EIC does not try to “wow” with fancy reports in order to justify a high price.    We would rather “wow” you with an efficient and effective inventory along with extra cash that you have in your budget. 
 

Why EIC is Not Your Average Inventory Management Company
 
1) EIC uses a completely different, non-conventional approach to controlling costs through inventory management. 
 
2)  Current companies primarily focus on the front of the house as the culprit for inventory and monetary losses. This is where the products that an establishment sells are made however, the front of the house is very difficult to control and monitor consistently. 
 
3)EIC focuses on the back of the house were keeping costs under control is much easier.  However, by doing so the inventory controls that are implemented in the back of the house can spill over and control the front as well.  The idea is simple, when you immediately take inventory from the front of the house you are inadvertently accusing every one that works there of stealing.  EIC offers a service and does not run on the premise that there is something wrong. Assuming something is wrong only turn’s staff against management and management against owners that ultimately turns into a finger pointing contest and gets you no where.   It can also lead to the loss of key employees costing the establishment thousands in the long term. There are many avenues that can lead to losses, if there are any at all, so keeping an open mind is crucial.
 
4)  We simply provide easy, efficient and effective inventory management that does not intrude on the front of house staff.  We provide a convenient service for busy managers and owners so they can focus on other projects and duties.  In doing so EIC has found that once and establishments staff understands our purpose and no longer feels threatened, they actually will pour more carefully, help speed up the process and in turn generate more profit!
 
What is SOQ
 

Suggested Order Quantities (SOQ)[1]: This part of the report allows the owners and management to see exactly how much of a product they have currently in stock along with what they should order to get through the next cycle.  SOQ is based on the manufacturing formulas used by the industrial manufacturing industry known as Economic Order Quantities (EOQ). EOQ is the most economical amount of a product to purchase at one time.  EOQ minimizes the other associated costs that are included when keeping an inventory (e.g. holding costs, taxes, interest, ect.). SOQ is based on the establishments needs.    
 

[1] SOQ quantities are to be used as a suggestion only.  SOQ cannot take account for private parties and other events that the establishment will have occurring throughout the audit cycles.