Alfred's roots stem from a unique wine and spirits database, and the ability to manage premium wines and spirits, both in terms of their lifespan and the increase in their value over time. We understand better than anyone that, just as time is precious in restaurant operations, so too are fine wines. For this reason, we have introduced, within our professional platform, the ability to manage high-value products using a method designed to enhance the accuracy of controls and better regulate prices and aging based on the product's vintage. Bottle management will now be exclusively handled by anomalies, a method suited to large volumes that does not require stamps. This option simplifies your management while still giving you effective control over your operations, tailored to the specific needs of your establishment.
Inventory Management by Exception (without stamps, powered by AI): For Simplified Management and Minimization of Tedious Inventory Tasks
Have you ever dreamed of a system that reads your purchase invoices, recognizes the products, and pre-fills all relevant information, minimizing clerical data entry work?
By reducing data entry to a minimum, it becomes possible to manage inventory by grouping products in assigned locations. Bottles can be added manually or by invoice using our invoice recognition tool powered by artificial intelligence, significantly easing the workload since there is no longer any need to apply a stamp to each bottle while still keeping the option to manage high-value products using the alternative stamp method. This approach saves a lot of time during data entry and simplifies inventory management. Inventory withdrawals are automatically processed through automated POS withdrawals and controlled by anomaly management, allowing us to identify issues. For inventory validation, human intervention remains essential to ensure data accuracy through manual verification, either via inventory audits or localized stocktaking. Through the dashboard, you can monitor your operations, focus efforts on customer service, and minimize time spent on inventory management tasks.
A Comprehensive and Exhaustive Database
Over the past few years, Alfred has developed a database of nearly 4,000,000 entries, providing detailed information on each product, including photos. This database simplifies managers' work by standardizing processes, advising on the best times to sell products, defining optimal rotation, and suggesting the best prices to maximize profitability.
Is a vintage or spirit present in your cellar but missing from the database? No problem: a team member simply takes photos of the front and back of the bottle and submits the name and format into the system. The AI, supported by Alfred’s team of experts, then steps in to complete the information such as vintage, year, price, etc. This collaboration between AI and human expertise provides you with reliable, optimized inventory management.
A key point that sets Alfred apart: the database prevents errors related to Garbage-in / Garbage-out. Thanks to invoice recognition, a precise "matching" is performed with our products, ensuring clean and detailed data. This prevents incorrect items from being added to the inventory. Additionally, our dashboard offers a second filter, showing discrepancies between the recognized invoice amounts and the products added to the stock, allowing for quick identification and correction of any inconsistencies.
Whatever system you choose, you can rely on a precise database that helps you sell the right product to the right customer at the right time and the right price. Keep an eye out for upcoming features, including the AI-powered beverage menu and automatically generated tasting notes. Alfred isn't done surprising you yet!
