February 17, 2020
Product waste, menu engineering, and recipe management all contribute to a well-managed food cost. What about Supplier pricing though? How is this managed and could paying high prices actually be your own fault? High food cost is one of the problems restaurant operators struggle to manage. Besides theft, waste, understanding product mix, and setting the correct sell price, operators must watch the suppliers’ product pricing, as it directly affects the bottom line. The question is what does affect supplier pricing? In this post, we will discuss how to best manage supplier prices, and how to keep it down through better ...
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