MoR Mobile β


New Users Please read the thread in the Introductions Section.
Rum Lovers @ the Ministry of Rum

110 years ago in 1908, Varela Hermanos SA was established in Panama.

Search by Label Name
Other Searches
Ministry of Rum Blog
Rum Events
Member Map
Rum Producers
Retail Index
Bars & Restaurants
Distributor Index
Rum Importer Index
Articles
Interviews
Frequently Asked Rum Questions
Rum 101
Test your Rum IQ
Rum Glossary
Rum Recipes
Ministry of Rum Giftshop
Trade Registry

Go Back   Rum Lovers @ the Ministry of Rum > Sugar Cane Spirits > Rum questions/discussions
Forgot Password?
Register FAQ Members List Unregistered Posts Mark Forums Read

Rum questions/discussions

General questions or discussions about particular brands should be posted here.


Reply
 
    Thread Tools Display Modes
Old 06-06-2009, 10:02 PM   #1
JMac
Senior Member
 
JMac's Avatar
 
Join Date: Jan 2008
Location: Surrey, BC
Posts: 527
Default Aged Stocks

I don't know why I have never asked this question before but here goes:

How does a rum distillery determine the amount of rum that it has to put away for aging? Once that is complete how do they maintain it?

So for an example..El Dorado wants to launch a new 18 year rum. How do they determine the initial amount of rum to put away for aging. Then how would they maintain the supply?
JMac is offline   Reply With Quote
Old 06-06-2009, 10:32 PM   #2
Edward Hamilton
Founder
 
Edward Hamilton's Avatar
 
Join Date: Mar 2007
Location: Sailboat in the Caribbean and hotels.
Posts: 4,786
Default

Distillers rarely put away rum for a new product as much as 18 years in advance. Products like that are generally a function of desired taste profiles, availability and market demand. Over the last 15 years for example, the Serralles distillery in Puerto Rico has gradually changed the profile of their oldest rum as the taste profile that they wanted changed.

To guess what the market for a product will be 15 or more years in advance is one of the toughest things a distillery has to do. When you're attempting to break into new markets the problems of forecasting are compounded even further.
__________________
.
Edward Hamilton
Ambassador of Rum
Ministry of Rum

When I dream up a better job, I'm going to take it. In the meantime, the research continues.
Edward Hamilton is offline   Reply With Quote
Old 06-07-2009, 02:02 AM   #3
rumdog007
Senior Member
 
rumdog007's Avatar
 
Join Date: Apr 2007
Location: Costa Mesa, CA
Posts: 1,178
Default

Quote:
Originally Posted by Edward Hamilton View Post
Distillers rarely put away rum for a new product as much as 18 years in advance. Products like that are generally a function of desired taste profiles, availability and market demand. Over the last 15 years for example, the Serralles distillery in Puerto Rico has gradually changed the profile of their oldest rum as the taste profile that they wanted changed.

To guess what the market for a product will be 15 or more years in advance is one of the toughest things a distillery has to do. When you're attempting to break into new markets the problems of forecasting are compounded even further.
Good point, Ed. Also, the taste profile of that, say, 15 year old product, when it has matured, can be as much of a mystery and hard to predict as the market.
__________________
"Person-to-person call for Kowalski. Person-to-person call for Kowalski.
Can you hear me, Kowalski
?"
rumdog007 is offline   Reply With Quote
Old 06-07-2009, 10:00 PM   #4
JMac
Senior Member
 
JMac's Avatar
 
Join Date: Jan 2008
Location: Surrey, BC
Posts: 527
Default

18 years in advance would be a wing and a prayer....

To keep using El Dorado as an example then....how would they maintain their supply of 12 year stock? Surely they must have some plan or formula in place to keep up the supply to avoid what had happened to George Dickel distillery re their #8.
JMac is offline   Reply With Quote
Old 06-08-2009, 02:01 AM   #5
Ellis34
Senior Member
 
Ellis34's Avatar
 
Join Date: Sep 2008
Location: Ft Worth TX
Posts: 148
Default

To ask another question along the lines:
Do any companies have older stocks of rums that they have stored for other companies to buy and blend with their own? If not, breaking into the business even with the best people and facilities would be hard. I mean even the youngest rums that are worth much are 3 yrs old. Long time to invest and keep up the business with no sales coming in.

I know that angel share accounts for a good bit of loss for older spirits, but how can a company know how much of what rums that they will need in the future? Talk about a long range forcast!
Ellis34 is offline   Reply With Quote
Old 06-08-2009, 09:29 AM   #6
RonJames
Senior Member
 
RonJames's Avatar
 
Join Date: Jan 2009
Location: CT
Posts: 1,307
Default

To answer Ellis question, yes, I do believe they sell off some older stocks. It might be a case of "well, this year I used half of my 8yr old rum stocks, why don't I keep 30% for next year, 10% for a new high end product down the road, and sell the remaining 10% to a private bottler for some immediate capital". This is just a theory but looking at the products and how the rum industry works it would surprise me if it wasn't the case.
RonJames is offline   Reply With Quote
Old 06-08-2009, 12:37 PM   #7
Gecko
Senior Member
 
Gecko's Avatar
 
Join Date: Apr 2007
Location: Nassau Bahamas
Posts: 223
Default

This just might explain why sometimes you have to double check the label of a bottle, because you knew what you poured but the taste and nose remind you of another rum
__________________
Save the water... Drink rum
Gecko is offline   Reply With Quote
Reply

  Rum Lovers @ the Ministry of Rum > Sugar Cane Spirits > Rum questions/discussions

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
El Dorado Cask Aged Three Year Old Rum RobertBurr White Rums 7 05-11-2009 10:55 AM
Clear From Aged andrewG White Rums 1 03-05-2009 03:57 AM
Zacapa aged 8000 feet above sea level Tiare Rum News 6 09-24-2008 02:26 PM
Aged Rum? Your Opinion. KINGSTON Meet Joy Spence from Appleton Estate Rums 1 07-20-2008 05:20 PM
Aged Rum? Real or Fake? KINGSTON Rum questions/discussions 15 02-10-2008 09:20 AM


All times are GMT -3. The time now is 01:44 AM.


Rum Chat
Recent Posts
Late Summer Special Offers from Waitrose
posted by Berbician
London Rumfest 2018
posted by Berbician
What's Your Most Recent Purchase?
posted by metalmancpa
RUM Lovers - post your at home collection
posted by metalmancpa
Hello Rum lovers
posted by Berbician
Greetings from the East Coast!
posted by Berbician
KonaKai Navy Grog - recipe??
posted by Edward Hamilton
Last month this site was viewed more than 750,000 times by the best people in the world - those who appreciate rum.
Ministry of Rum on
facebook link
Follow @Ed_Hamilton on

vB ver 3.8.6 Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Content on this forum copyright 1995 - 2015 Ministry of Rum.