With over 30% of revenues being spent on food supply, restaurant operators are increasing focus and resources on developing more operational and cost-effective ways of purchasing, procuring and managing supply. This trend is the logical outcome of increased managerial concern to meet specific supply objectives of quality, quantity, delivery, price, service, and competitive improvement.
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Most operators who have scaled in size to multiple locations have found the benefit of pursuing a Master Distribution Agreement with their main broadline or grocery distributor. This vital contract offers the operator the opportunity to lock in pricing terms on their order guide items and avoid drastic swings in costs and terms from their primary distributors.
Insights obtained from data can mean the difference between success and failure. Having access to all this data enables companies to increas operational efficiency and improve overall planning and financial opportunities. On a micro scale, data supports menu planning, efficiency of staff, and decreasing operational costs while increasing profits. On a macro scale, this data can help establishments determine where to expand their brand with the least risk and the greatest reward.
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5 Hidden Factors in Your MDA & How to Negotiate Them
Courtesy of Consolidated Concepts