Wednesday, February 6, 2013

Super-Bowl Plan For Your Foodservice Business

Draw plays from the 2013 Super-Bowl to create dozens of food & supply cost-savings options.  Produce a playbook to prepare for the coming economic playoffs so you can organize more effectively to win more spend matters.  

SPS Post-Game Price Summary (Feb)
Burgers UP .15 lb.        Wings    No Change
Bacon UP    .20 lb         Oil           UP 40 basis points

As top-line growth is hard to come by, the opportunity to build a defense that holds the line on price or an offense that goes for the profit goal line, is simply too good to ignore. 

Limited resources, like the salary cap for the Champion Ravens are a fact of food service life, including time, staff and funding. Learn how to get the most out of your current team by running plays that recognize CORE talents and add special teams players to improve your capability and game winning strategy. 

Focus on those areas in your growth and profitability playbook that you want to hand over to qualified specialists that you really don’t do well in-house. Game Strategy: discover how individual commitment to a group effort by specialists – that is what makes restaurant concepts work. 

Here are the top 5 half-time black board plays
 that CEO's talked to their coaches about during the playoffs;  never hand-off food spend areas to culinary, marketing or operations staff, and never give the ball, with 3rd down & short yardage to multi-tasking executives (hey- they don't even have time read the GET a "round TUIT " instructions on the their wristband! Penalty:   Loss of profitable Limited-Time-Offer, plus 5% of total spend left on the pricing table!   

Super Plays for Your Business
  1. Strategic Vendor Sourcing & Professional Contracting  (performance)
  2. External Distribution Warehouse Audits  (price-compliance)
  3. Freight / Logistics Cost Improvement   (spend management)
  4. Commodity Price Management    (planning & forecasting)
  5. Increased “spend-under-contract   (financial control & stability)
During the initial assignment process, with SPS added to your specialist team, we will uncover hidden savings and look at new tactics to create significant buying opportunities, where there is none at the moment.

To Higher Profits! 
Fred

Fred Favole is Team Owner of Strategic Purchasing Services (SPS), America’s most experienced foodservice consulting firm specializing in department outsourcing, “center-of-the-plate” contracting and advanced spend management systems. Contact The Owners Office, Telephone: 912-634-0030, Connect on LinkedIn or follow Coach Fred's game winning blog:  https://purchasinginsights.blogspot.com