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Based on Actual Management Summary Reports
In the summer of 2010, the BarMaxx Liquor Inventory System was installed at the Forge Restaurant in Miami, FL. The System was in place on the day the establishment opened its doors to the public. The bartenders and staff started using the system without awareness of its monitoring functionality. In June and July the system detected an average shrinkage of 22%. The customer was losing approximately $10,000 in revenue each month.
On Saturday, August 14th the shrinkage reached 31%. The revenue lost on that single day was more than $1,000.
At this time, BarMaxx and the Forge’s owner decided to reveal the functionality of the new monitoring system to the bar staff and explained its purpose.
Within a few days the shrinkage went down radically. On Saturday, August 21st the shrinkage went down to 4%. By the end of August, the average monthly shrinkage was under 15%.
In September shrinkage was only 2%. The following months registered shrinkage within a range of 3% to 8%. The BarMaxx System saved this customer an average of more than $8,000 every single month!