They say the best things in life are free. Unfortunately, that’s not true for restaurant owners. These days, every penny counts.
With the rise in cost of goods that restaurants need the most, operators are looking for any ways to save money and maintain revenue.
Here are three things you can do today to boost your restaurant profits:
With produce prices for food up 13% over the past year, operators continue to stress over the high cost of food and supplies. Did you know that there are many different savings programs you can join to bring those prices down and keep costs low? By joining these programs that can assist with savings in both front and back-of-house, operators can improve their bottom line.
It’s important to join programs this these to help protect against things such as inflation. Not only can you save on food, you can also save on beyond prime costs such as cable, linens, and even cooking oil!
These days, managing the chaotic supply chain is more than a one-person job. And with a labor shortage making it hard to carry out normal operational practices, it only makes sense to partner with supply chain experts so you can focus on core responsibilities. By partnering with external supply chain experts, you get access to industry leading technology solutions and expertise that will help you source the right products, boost efficiency and staff productivity.
Technology is the solution to many challenges that face restaurant operators. By embracing technology, you gain end-to-end visibility into your supply chain management and can unlock savings you were unable to identify by the naked eye. Be leveraging the purchasing data your restaurant generates every day, you can bring transparency into your procurement and make smarter, more profitable business decisions.
Interested in expanding your supply chain support? Partner with companies like Dining Alliance today!