Commodity prices have temporarily fallen and taken some pressure off food cost. Now is the time for strategic buyers to align with manufacturers, distributors and a GPO to lock in contracts at lower prices.
Whoever is in charge of receiving should follow a standard set of rules in order to maintain the safety of food and ensure you protect your bottom line.
By working through a GPO, the manufacture of food or supplies can "speak" directly to decision-makers in the purchasing arena, thus saving time, money and the hassle of hunting down those important people.
Axis Purchasing, the group purchasing organization, identified savings for its foodservice members of more than $15 million in 2014.
In a corporate situation, there are pros and cons for both the buyer and the manufacturer to use the rebate system.
Technology in food engineering and processing equipment coupled with better logistics has given companies the ability to specialize.
With the growing popularity of compostable products, they now come in all shapes and sizes to match the diversity of restaurant cuisine, including bowls, plates, hinged containers and more.
Produce is hard to benchmark what you should be paying on a regular basis because there is no regularity to the product category.
How educational foodservice operators can gain a more transparent view of their costs and control of all purchasing cost factors.
Corn prices were up 13 percent in the first six weeks of 2014 which will adversely affect the price of many of the foods you stock in your restaurant.
Many operators also neglect to examine the pricing of kitchen supplies, which is the number one area for savings.
Well-engineered menus sell higher gross profit items that satisfy the consumer and add incremental gross profit dollars to the restaurant operator.
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