What is WISK?
WISK is a tool to help improve your beverage operations by speeding up inventory and ordering, and identifying losses. It is comprised of two components:
- The WISK iOS app
- The WISK Web Portal
You can perform most functions in either platform, however you can only take inventory using the iOS app.
Most of our users use the app for taking inventory and adding invoices, and the web for placing orders and viewing reports.
WISK runs on having good data. The key to success with WISK is to make sure you are performing a regularly scheduled inventory (once a week is ideal) and entering all of your invoices into the system. This ensures that you have accurate consumption/usage data.
Since your venue has most likely completed at least one inventory, you should learn how to use the "List View". For each area in your venue, you'll see a list of every item that was counted, in the order it was submitted. By making use of this, you can speed up your inventory count.
Whenever your venue receives new stock, you must enter the invoice into WISK. You can add invoices from orders that have been generated in WISK, or you can enter an invoice manually (for any orders you didn't generate in WISK):
- Adding an Invoice from a Purchase Order
- Adding a Manual Invoice
- See the "Adding Invoices" section of the Help Centre
By taking regular inventory and adding your invoices, this provides you with accurate consumption data.
Consumption = Starting Inventory + Invoices - Ending Inventory
We use this data to identify your overstock, understock, deadstock, and suggest how much stock you should order (WISK Par).
If your POS is integrated with WISK, we also compare sales to your consumption to identify overpouring / spillage (see the Variance section below).
The key to using WISK is making sure that your consumption is accurate, otherwise you won't be able to get full value from the system.
After taking an inventory, it's best practice to generate your orders to your distributors.
You can set your par levels and use the auto-fill feature to quickly add products to your order. With accurate consumption data, you can also pre-fill using the WISK Par. We track your usage of products and recommend how much you should order to ensure you have the correct amount on hand.
If your POS is integrated with WISK, we pull your sales information into the system.
For each beverage item in your POS, you'll add the recipe so WISK knows how much product you are using each time an item is punched. Your items may already have recipes added, but as you add new items in your POS you will have to add recipes to them.
Whenever you complete an inventory, WISK compares your sales to your consumption to see your variance.
By getting your variance as small as possible, you'll increase the profitability of your venue.