How many allocated bottles do you think go sold on FB from this stash?
Here is how you get those random bottles on the shelf that will never sell.
https://www.detroitnews.com/story/news/local/michigan/2024/03/19/961k-in-liquor-went-missing-from-michigan-liquor-control-panels-inventory-audit-finds/73029373007/
Quote:
Lansing Michigan's Liquor Control Commission lacked the proper controls to accurately track its spirit inventory or its licensing program, resulting in hundreds of thousands of dollars in missing liquor, significant excesses and negative balances in its inventory and the issuances of a handful of liquor licenses in dry communities.
One of the largest findings of the audit released Tuesday indicated the commission was missing 20%, or roughly $961,000, of the $4.9 million recorded in inventory between January and February 2022 a count not confirmed through a state-led physical inventory of Michigan warehouses, but through distributors at the behest of the state.
Here is how you get those random bottles on the shelf that will never sell.
Quote:
In other cases, the commission's lack of monitoring led to "excessive, accumulated inventory," including 780 bottles of one liquor over 77 weeks with no sales occurring in the week the spirit was purchased. In one instance, the commission purchased 12,204 bottles of a booze in one week but only sold 1,104 bottles and then maintained an inventory of 11,000 bottles of the spirit for 48 weeks, including the last 19 weeks when no sales of that liquor were recorded.
https://www.detroitnews.com/story/news/local/michigan/2024/03/19/961k-in-liquor-went-missing-from-michigan-liquor-control-panels-inventory-audit-finds/73029373007/
