Monthly check-in: Cellar inventory reduction plan

Anyone looking to jump start their cellar inventory reduction can send wine here:

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Hey, thanks for the shout out on this, Chris.

For anyone that might be interested in this idea, shoot me a note.

for the first 6 months:
50 purchased
212 consumed

and 200 more teed up for auction later this week.

May be the first year ever I end up net negative!

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Good month assisted by some sales.

Bought: +7
Drank: -13
Sold: -24
Inventory: -1

Net: -31

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That’s how YOUR sandbox works. I don’t count it until it’s physically in my hands. Period. MY sandbox.

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I agree with Maureen’s definitions, but think that the most important factor is that there is consistency from year to year. Otherwise I don’t think it much matters how it is calculated. For the record, my goal is to reduce my inventory (currently around 750 bottles) by 60 per year (40 in and 100 out). I exceeded that last year and am on pace to achieve it this year.

David

Bought a bunch of 21 California and 22 Bords so I need the inventory growth plan! Up about 200 bottles YTD.

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+6
-22
-16 this month

+7 for the year. July will be a big buying month.

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Yeah, but I started the thread and made it very clear how the count worked.

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June was good. Zero in and 23 out,

YTD - 26 in and 68 out.

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To each his own, no need for rules in my mind. But, as I have said before, to me this project is about buying (and consuming) habits. Tracking by time of purchase actually tells you about how your buying habits are changing. Tracking by when the wine is received only really tells you about the weather.

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Another good month:

In: 8
Out: 45
Net: -37

I thought it was only 6 bottles purchased this month until I went to look at the total in CT this morning and discovered Jonathan slipped a sneaky 2 bottle purchase in without telling me.

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6 in
7 out

Progress

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Down 12 for the third negative month in a row.
Still up 33 for the year.

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more progress to close out the first six months:

Bought 22, Consumed 46 for a net -24
YTD -66
YoY 14.6% reduction in purchases

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bought 7, opened 7. that’s a moral victory!

Agree. Hence the rule I provided.

Either tracking by purchase or tracing by possession really all comes out in the wash. Buying habits are another kind of information. If I engaged in this monthly roulette, I would prefer tracking by purchase. I think it’s more honest and less likely to lead to error. You can always take it off of a later monthly accounting if, for some reason, the purchase goes south. But really it’s just a matter of how one does one’s account books.

For the second month in a row, I lost it:

Out: 20
In: 76

I pulled the trigger on some non-Riesling summer wines: Silvaner, Veltliner, Scheu, Rhone whites, pink bubbles…

Doing well! Starting to see the floor in the cellar!
25 out
10 in

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