10 tips to manage commodity cost swings

Soaring corn prices aren’t the only challenge restaurant operators face.

Know the most crucial costs to key menu items, such as flour and cheese for pizza.

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In today’s volatile economic climate, restaurant operators face more challenges than ever in managing commodity and other supply chain costs. Prices are affected by what is happening globally, making long-term stability much harder to predict. Some smaller and medium-sized companies tackle this daunting task themselves with limited staff, while others turn to third-party purchasing organizations. In either situation, operators can take control of managing supply chain costs by ...

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Discuss this Article 1

vdisalvo
on Sep 4, 2012

It may seem trivial but watch the prices when grocery shopping for the home as the grocery . chains are a good pulse on the current market. Most chains use comodities such as beef ,dairy and poultryas a loss leader so pricing is very close to margins charged by the large food service. This will assist you as another of the check and balance to cost control with your provider .

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