Insights Archives

From Fresh Concepts: Having Access to Up-To-Date Commodity Insights Can Impact an Operators Bottom Line

Improve Your Bottom Line with Access to Up-To-Date Commodity Insights Food prices continue to rise as supply and demand challenges persist throughout the supply chain. These days, food costs are one of a restaurants’ biggest concerns. Operators are scrambling to pivot to profits and are challenged with offsetting high food costs without effecting the quality of their menu. Let’s look at how having access to up-to-date commodity insights can improve your purchasing and your bottom line. Menu Promotions Can Be Impacted Foodservice operators often schedule promotions months in advance to prepare for the marketing and training component as part of a produce promotion or new menu rollout. Those plans are often made before the vegetables or fruit that are needed for the promotion are even planted. Weather conditions also play a huge role in the planning of a new promotion. For example, the fruit on a tree may suffer a

From Consolidated Concepts: Full-Service Supply Chain Management

Supply chain management is more than a one-person job. Especially for operators with multiple locations, doing it all manually can be stressful and time-consuming. These days, restaurants are looking to run lean and reduce their overhead amidst a nation-wide staffing crisis. Others may be having trouble staffing full departments. How can an operator manage their supply chain projects without the staff to support them? More and more operators are turning to full-service supply chain management solutions to minimize their costs and maximize their profits. At Consolidated Concepts, our service offerings are fully customizable to provide the appropriate level of consultation and support required by each client. Let’s look at three areas where we offer expertise to help you streamline your supply chain management and meet your resource needs: Spend Intelligence and Insights into Your Business Our data and technology are designed to identify areas where emerging, growing, and established restaurants can

From Consolidated Concepts: 3 Ways to Ensure Supply Chain Success

The Supply Chain is facing a major crisis that is affecting operators all over the country. The numerous challenges this has led to over the course of these past 20 months is unimaginable. This is why supply chain success is crucial. From equipment delays and rotten food to sky-rocketing prices and product shortages, it seems there will be no relief anytime soon. Fortunately, we have ways you can help alleviate the situation and ensure your operation is running at its full potential during these unprecedented times. Satisfy your customers, please your staff, and put money back into your bottom line. Here are three ways to ensure you’re on the road to supply chain success: Embrace Supply Chain Technology Technology is evolving each and every day. Operators like you can easily boost your profit margins and put time back into your day. No more outdated unreliable information and lack of transparency.

Take Control of the Supply Chain with the Help of Technology

Technology is evolving and changing the way operators run their business. It is the solution to many challenges within the foodservice industry and has unlocked several doors to help streamline operations, make data actionable, and bring transparency into purchasing. As we all know, the supply chain is undergoing a crisis that is affecting foodservice operators across the country, with no relief in sight. These challenges seem impossible to control but are easy to navigate when you take advantage of technology. From product shortages and equipment delays to rotten food and inflation, restore hope and alleviate the hardships of your operation with the help of technology. By utilizing data and technology, you can navigate the supply chain and make better business decisions for your operation right at the tips of your fingers. Streamline Your Operation You deliver competitive advantage when you implement technology into your restaurant operation. You give your employees

From Source1: Benefits of Using Technology to Manage Rising Hotel Food Cost

It can be hard to make sense of your purchasing costs without the right technology. With the hospitality industry seeing price increases in all areas of business, there has never been a more necessary time for operators to consider utilizing technology to help manage rising hotel food cost. A quick search will show there are many technology solutions to choose from when it comes to food cost management. However, by partnering with the right technology solution, you can expand your resource pool and gain key insights into your operation. This includes things like your hotel’s purchasing behavior, what’s working well, and, most importantly, what’s taking money away from your bottom line. Here are some ways technology can help your staff with food cost management and navigate rising hotel food cost, so you can maintain guest standards and maximize profits. Purchasing Analytics By using spend management technology, you get real-time visibility

From Dining Alliance: How Restaurants Can Navigate Rising Food Cost

Have you noticed your food cost increasing? From the labor shortage to food shortages, restaurant operators have been battling a supply chain crisis since COVID first arrived in the country. With inflation forcing restaurants to raise menu prices, operators struggle to turn a profit. So far in 2021, food-away-from-home prices have increased 3.3% and according to The USDA, restaurant prices will continue to climb in 2022. With rising food cost and less staff support, customers are experiencing slimmed down menus and higher prices for their favorite plates. How can restaurant operators navigate the increase in food cost and how can technology help? Programs to Help You Control Food Cost One way to control your food cost is to leverage the buying power of Dining Alliance. With access to competitive food programs, restaurant operators can unlock savings and take advantage of manufacturer rebates. We have a whole team dedicated to helping