Category: Uncategorized

Rebates and Deviations

What Are Rebates and Deviations?

Are you taking advantage of rebates and deviations?

Making a profit is not always the main motive for opening a restaurant. It’s also about having a true passion for cooking and hospitality. Usually, the latter is behind the drive and motivation to open a restaurant.

But when you’re running a multi-unit chain operation, making a profit moves to the top of the list.

Restaurants are already running on thin margins.

Anywhere you can save money is vital to your bottom line. As a multi-unit restaurant operator, taking advantage of rebates and deviations should be a no brainer.

What are manufacturer rebates?

Rebates are marketing funds used by manufacturers as an incentive to build customer loyalty and improve sales.

Rebates are earned by the operator based on their purchases of the manufacturer’s products. 

Manufacturer rebates are dollars paid out quarterly to customers based on their purchases.

Any purchase on an item that is covered on a Consolidated Concepts contract, our team will track and pay back to operators.

What are deviations?

Deviations are off-invoice savings on items you are already buying.

Consolidated Concepts is able to leverage the spend of all our customers and offer competitive pricing on food and nonfood items from our partner manufacturers.

Our team will always do a deep dive into your current spend to make contract recommendations based on your current data, with the end goal of lowering your off invoice spend.

Why should I care about manufacturer rebates?

These rebates are provided on items you are already purchasing, so, it’s simply extra money in your account without any extra work.

You can use these funds in any way to help your operation– staff training, marketing dollars, employee incentives.

This means you can focus on your COP and contracted items– and you can still earn dollars back on everything else through our program without changing products.

How do I track manufacturer rebates?

Every quarter, Consolidated Concepts will provide operators with “proof of purchase” to the manufacturer and collect the rebates earned by the operator.

Every quarter, we will provide a breakdown of your manufacturer rebate check to you.

Partner with Consolidated Concepts

Consolidated Concepts has rebate and deviation contracts with over 350 manufacturers on over 165,000 line items that cover every category imaginable.

From canned tomatoes and frozen chicken breasts to garbage bags and plastic forks – you name it, we have it covered.

Contact us today to learn more!

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Freshly Picked, October 11, 2021

Alerts & What’s Trending

Produce

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There are constraints on value-added and processed items. The shortage on labor continues to affect the market.

Grains

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Canola continues to do poorly while harvest is getting underway for corn and beans.

Dairy

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The natural, mozzarella, and processed cheese markets all saw increased demand this week. As supplies tighten, butter markets are also up week over week. Shell egg demand is stable to declining in the foodservice retail sector.

Beef

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Rounds and chucks prices are increasing due to retail. Strips trend lower.

Pork

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Export demand for ham is strong in preparation for holidays.

Poultry

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As we approach the seasonally sluggish time of the year, the poultry market was down throughout most complexes. There is more availability on all sizes of wings.

Seafood

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Despite the hurricane, shrimp still is in good supply. Cod quotas will be reduced.

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Freshly Picked, October 5, 2021

Alerts & What’s Trending

Produce

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Freight shortages and a lack of reliable manpower continue to put the industry to the test. Suppliers are still struggling to keep up with demand. Production has reached its maximum capability. some providers and are unable to match the demand for supplies

Grains

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The soybean oil market in the United States has dropped once more as the crop looks stronger than projected. The COVID rate in Malaysia and Indonesia has forced several palm plantations to close, sending the price higher.

Dairy

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Natural cheese and mozzarella markets were down while processed cheese markets were up. Egg demand is down due to a mix of retail and foodservice demand.

Beef

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The market continued to drop. Rounds & chucks appear to be soft. Strips and tenders continue to trend lower going into fall.

Pork

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Fresh supply levels out as seasonal demand for butts continues to wane, and the market continues to fall.

Poultry

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Wings were down, and we’re seeing more availability across the board. Tenders were down, and we’re seeing more availability for the first time this year.

Seafood

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Pasteurized crab meat is in low supply, with no alternate options available until spring. Major delays in US ports continue to cause frozen seafood shortages.

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Freshly Picked, September 29, 2021

Alerts & What’s Trending

Produce

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The sector continues to be challenged by a lack of consistent labor. As manufacturing nearing capacity limits for some, suppliers are still struggling to keep up with demand.

Grains

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The soybean oil market in the United States has dropped once more as the crop looks stronger than projected. The COVID rate in Malaysia and Indonesia has forced several palm plantations to close, sending the price higher.

Dairy

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With mixed demand indications, natural cheese, mozzarella, and processed cheese markets are all up week over week.

Beef

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The market was unable to sustain these prices for another week. Consumer and buyer pressure pushed the price of almost every cut of beef down. Rib meat holds it value as rounds and chucks continue to be growing in availability.

Pork

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Fresh supply levels out as seasonal demand for butts continues to wane, and the market continues to fall.

Poultry

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Wing sales were down, although demand for jumbo and medium wings remained robust. Tender prices are at all time highs.

Seafood

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Despite the hurricane’s inconveniences, the domestic shrimp harvest is continuing smoothly. Due to increased captures, several items that were shorted in the spring are now back in stock in the Portico brand.

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Freshly Picked, September 22, 2021

Alerts & What’s Trending

Produce

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Lack of labor causes problems for the industry. Suppliers are struggling to keep up with demand.

Grains

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The USDA just released its monthly report, which revealed that there is less soybean oil available but less demand from biofuels.

Dairy

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With higher demand, natural cheese, mozzarella, and processed cheese markets are up week over week. The butter market is up as well.

Beef

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Rib meat is hard to find and is being sold at a very fast rate. Rounds and chucks are weak and strips and tenders demand is lacking.

Pork

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Due to labor shortages, boneless butts are still scarce.

Poultry

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The chicken market was flat this week except for breasts. There is less availability for wings.

Seafood

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Despite the hurricane’s inconveniences, the domestic shrimp harvest is continuing smoothly. Pasteurized crab meat is in short supply, and there are no alternatives available.

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Freshly Picked, September 14, 2021

Alerts & What’s Trending

Produce

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The sector continues to be challenged by a lack of consistent labor. As manufacturing nearing capacity limits for some, suppliers are still struggling to keep up with demand.

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Soybean oil ended lower last week. Soybean is looking to out-perform helping advance the market. Canola oil remains the same.

Dairy

This image has an empty alt attribute; its file name is Dairy.jpgThe markets for natural cheese, mozzarella, and processed cheese are all down. There is enough supply to meet demand.

Butter prices rose week over week, owing to increased demand.

Although demand for shell eggs has decreased week over week, it remains fair to good.
Beef

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Due to the softness of the beef complex, most purchases have slowed.

Last-minute demand for middles, primarily from individuals in need of rib meat, aided production bolster a dwindling end complicated cut

Chucks, Rounds, and Briskets look to have made a comeback a set of pricing points that can’t

Last-minute demand for middles, primarily from individuals in need of rib meat, aided production bolster a dwindling end complicated cut

Chucks, Rounds, and Briskets look to have made a comeback a set of pricing points that can’t be exceeded has hampered the interest of potential buyers

Pork

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We are seeing a drop in primal markets following the holiday season.

Butts have experienced some relief since Labor Day.
Spareribs and back ribs are being reduced now that demand from bookings has subsided. The market for St. Louis ribs has shifted in the opposite way, with a rise in demand. Bellies are still shrinking.

Poultry

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Despite the fact that labor is still in short supply across the industry, many processors are optimistic. In the future, availability will improve in the future weeks.

Tenders are very expensive and hard to come by.

Seafood

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Due to a lack of labor to unload containers from ships, US ports are still experiencing delays, resulting in major imported seafood shortages. The public freezers are overflowing.

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Freshly Picked, September 7, 2021

Alerts & What’s Trending

Produce

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Industry-large lack of labor causing major shortages in all segments of business in all executions of supply chain.

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Soybean oil ended lower last week. Soybean is looking to out-perform helping advance the market. Canola oil remains the same.

Dairy

This image has an empty alt attribute; its file name is Dairy.jpgCheese and Mozzarella up while processed down. Eggs continue with increased demand

Beef

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Beef is outperforming what was expected.  Rounds, Chucks, Ribs and Briskets stay strong to solid price due to high demand. Strips, tenders and thin meat slow growth.

Pork

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Demand for Butts from retail and foodservice has increased. Ribs continue with strong demand

Poultry

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Hurricane Ida caused major issues for chicken farmers. Labor shortages are causing supply disruption. Labor Jumbo wings were flat with less availability. Bonesless skinless thighs were up making for an all-time high record.

Seafood

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Due to COVID-19, Vietnam is completely shut down. Shrimp farmed and pangasius supply are affected, as there is no operation.

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Freshly Picked, August 31, 2021

Alerts & What’s Trending

Produce

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Lack of personnel, pallets, and freight in all parts of the business continue to provide obstacles in the execution of the supply chain flow from harvest to shredding.

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Last week, the soybean oil futures market was trending lower until Friday, when it lost nearly 300 points.
The increase in COVI was regarded by traders as a positive sign.

Dairy

This image has an empty alt attribute; its file name is Dairy.jpgButter prices increased week over week, despite output dropping.
Markets for natural cheese and mozzarella are falling, while markets for processed cheese are growing.

Beef

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Despite a good harvest week, the beef supply chain remains constrained. The beef complex as a whole continued to exhibit increasing prices.

Pork

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Harvest is still lagging behind usual seasonal averages. Product bone out continues to be a challenge for suppliers. Butts are still a good deal in retail and foodservice, therefore this market, especially boneless butts, is expected to be robust

Poultry

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Labor shortages persist across the business, but supply for many commodities is improving. Wings are becoming more readily available. Demand is projected to tighten as a result of the tightening. Tenders are very expensive. and are hard to come by. The market for breasts is booming on a positive upward trend demand.

Seafood

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Due to increased catches, the domestic shrimp supply has greatly improved in recent weeks.
Due to rising shipping costs, the price of imported cod, pollock, and haddock is increasing.

Contract Management

Streamline Contract Management with the Help of Technology

When you own more than one restaurant location, you’re bound to wear more than one hat. Think of all the contracts that go along with managing each of those locations. From Master Distribution Agreements and Manufacturer Contracts – the art of negotiating and managing these documents is truly one in its own.

It’s 2021 and its time to welcome a new player to your team – technology.

This team player is great at multitasking. They don’t complain, they don’t require a weekly paycheck, and they don’t need hand holding or constant reminders about what they’re supposed to be doing. Their results are instant, actionable and profitable.

No More Doing it the Hard Way

By using technology for things like contract approval workflows, edits, audits and signatures, implementation becomes easier and less time consuming. Businesses who adopt contract management technology are able to streamline the contract lifecycle into an automated workflow minimizing errors and maximizing profits.

Having to manually manage each contract step by step leaves room for errors or inaccuracies. Using technology ensures contracts are routed to the correct person and increases visibility and accountability. Contract management technology allows stakeholders more insight into the performance of a contract so they can make quicker more accurate business decisions.  

Secure Your Contracts in One Centralized Location

No more filing cabinets organized alphabetically. This isn’t the library, and you don’t have the time to go searching A through Z. Having your contracts securely centralized in one location helps you stay in control of contract chaos and allows for a more efficient contract management process.

The goal is to stay in control of each of your locations bottom line. Technology allows you to store all you contracts safely in one place and minimizes risk that goes along with contract management.

Contract Management Technology Solutions

At Consolidated Concepts, we can help multi-unit restaurants like yours save money on your contracts such as your MDA – your most important contract. We have former Presidents from distribution houses on our staff who lend their expertise to analyze your contracts, find areas where there may be new places for savings and help renegotiate your contract with your distributors. We do everything we can to make your contracts work in your favor.

It’s time to optimize your savings and limit the amount of increases in costs and changes in structure which ultimately result in more profitability for your business. You can even put our experts to the test by sending over your current contracts and having them analyzed.

Ready to streamline the contract management process and go from manual to automated? Contact us today!

https://www.youtube.com/watch?v=hkQvlZ4SHGc
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Freshly Picked, August 24, 2021

Alerts & What’s Trending

Produce

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Lack of manpower, freight, and operational challenges continue to plague all aspects of the business, posing difficulties in the execution of the supply chain flow from harvest to shipping to reception.

Grains

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As a result of the USDA report released last week indicating lower soybean oil supplies, the soybean oil market has risen. However, it is still trading in a range, and while the futures market is higher, the cash market is largely unchanged. Due to the drought, canola is in the early stages of harvest, with smaller seeds and thus less oil. The palm of the hand is higher.

Dairy

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With milk shortages due to the return of schools, cheese markets have risen week after week. With a limited milk supply, butter markets have also grown week over week. With robust demand from retail and foodservice, all shell eggs climbed significantly week over week.

Beef

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The availability of meat is now overshadowing price hikes, and the supply chain is once again dry due to back-to-back lower harvests. Overall market strength helped the entire beef complex, with nothing showing a price drop. Price increases were led by ribs, briskets, and chucks, which are all in hot demand for Labor Day advertisements.

Pork

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Butts remain the best value buy when compared to other proteins, but they continue to trade sideways due to tight supplies and strong demand. Loins are following in the footsteps of butts, so anticipate the concessions to slow and the market to trade sideways. Although belly fat levels have dropped from recent highs, resources remain scarce.

Poultry

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Whole birds are up. Breasts were raised. Tenders are higher due to increasing demand. Wings were flat, yet they were still in high demand. Boneless dark meat is in high demand, and prices are rising. Dark meat that hasn’t been boned is flat.

Seafood

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Lobster tails from the North Atlantic (6.77 oz and up) are on allocation until at least December, when the Nova Scotia season begins. The new season’s warm water lobster tails have begun to arrive in the United States.
Lobster tails from the Portico brand will be available in a few weeks. Pasteurized crab flesh has a very low shelf life.