How Profitable is Your Wine?
December 6 @ 11:00 am - 12:00 pm PST
It is nearly impossible to track accurate winery cost of goods sold (COGS) without software that does it for you, distributing and following costs as winemaking activity is recorded.
Here at InnoVint, we know that wineries struggle with complex spreadsheets to gain visibility into their profit margins.
You may have a pretty good sense of how profitable your entire winery is, but do you know how profitable each wine is? If you’re going to plan production strategically for the next vintage to maximize profit, you need to know your profit margin by SKU.
So what is the solution? Together with WinePulse, we have created powerful reports on a single dashboard, bridging the cost of producing wine and its profitability.
Please join us for a LIVE webinar on Thursday, December 6th at 11 a.m. PT as we sit down with Remy Sabiani from WinePulse to discuss wine profitability and a new InnoVint report that provides instant clarity for key data points like:
- Cost of goods sold (both for your entire winery and for each SKU)
- Actual and estimated profits (in aggregate and by SKU)
- Estimate the future profitability of all of your inventory, including case goods and wine that is aging in tanks and barrels