Inventory Management Workflows for Coffee Roasters
As a coffee roaster, having effective inventory management workflows is crucial not only for keeping your business running smoothly but also for its ability to scale. It ensures that you have enough green coffee to roast, avoids waste and spoilage, and helps you track your profits and losses.
1. Keep track of your green coffee inventory
The first step in effective inventory management is to keep track of your green coffee inventory. You can do this by creating a spreadsheet or using inventory management software. Make sure you update your inventory regularly and keep track of the following information:
Coffee origin
Coffee variety
Coffee processing method
Purchase date
Quantity purchased
Price paid
Storage location
2. Monitor your roast inventory
Once you roast your coffee, you need to track your roasted inventory. This includes keeping track of the following information:
Coffee roast date
Coffee blend or single origin
Roasted weight
3. Set par levels
Setting par levels is essential for making sure you have enough coffee to fulfill your orders without overstocking. Par levels are the minimum amount of coffee you need to have in stock to fulfill orders until your next delivery. Keep in mind that you’ll need to adjust your par levels based on seasonality and demand.
We recommend monitoring this weekly for a month in advance. Give yourself plenty of time from ordering to receiving to avoid extra stress, especially around the holidays when many freight carriers have holiday closures and delays.
4. Monitor your sales
Monitoring your sales is essential to understanding your inventory management needs. This includes tracking the following information:
Coffee type
Coffee roast date
Quantity sold
Price sold
Customer
Time of year (Seasonality)
5. Conduct regular inventory audits
Regular inventory audits are essential for identifying any discrepancies in your inventory levels. You should conduct a full inventory audit at least once a year and partial audits quarterly.
6. Use inventory management software
Inventory management software can help you streamline your inventory workflows, automate processes, and reduce the risk of errors. You can use software to track inventory levels, set reorder points, and generate reports.
A few industry specific favorites include RoasterTools and Cropster
Effective inventory management workflows can help you save time and money, reduce waste, increase profits, and decrease stress. With a little effort up front and using a proactive approach to your inventory workflow, you’ll have a much better pulse on where your business is and where it’s going.