The unpredictability of the pandemic’s impact on the foodservice industry remains, especially the unpredictability of sales in various regions throughout the U.S. as COVID-19 restrictions continue to be put in place and lifted at varying times. It is estimated by the National Restaurant Association that the foodservice industry was $2.4 billion below projected 2020 sales totals. Those who did not already have off-premise models in place saw further revenue declines than those who had established pickup, drive-thru or delivery programs. It goes without saying that restaurants can’t stand to lose more.
3 Ways Restaurants are Losing Sales Through Their Supply Chain
Topics: Supply Chain Disruption, Food Supply Chain, Inventory Visibility, Supply Chain Data
Demystified: The Lean, Yet Efficient Supply Chain Team
The pandemic continues to challenge lean supply chain teams and will for some time. With labor being an issue across the board in foodservice, both store and corporate teams are expected to do more with less staff, resources and time.
Topics: Supply Chain Disruption, Food Supply Chain, Team Efficiencies, Supply Chain Data
A Quickstart Guide to Sourcing for Restaurant Chain Operators
We frequently hear chain restaurant operators tell us that they don’t run sourcing events, requests for information (RFIs) or requests for proposals (RFPs), when in fact they do. Oftentimes, what they really mean is that they don’t have a formal process or strategy in place that they call “sourcing.” And, that’s okay. Whatever form your company’s sourcing event, RFI or RFP takes, it’s just important that you, as an operator, do it.
Topics: Strategic Sourcing
4 Best Practices for Using Supply Chain Inventory Management Software in a Changing Market
Inventory management is the heart of every restaurant chain’s supply chain and can be highly difficult to track. From manual processes to inaccurate data, it's very easy to mismanage inventory across a supply chain network, resulting in unsatisfied customers and unnecessary financial losses. Conversely, optimizing this process can help supply chain teams gain higher visibility to manage consumer fluctuations, reduce food waste, increase profits, and maintain consistency across your brand.
Topics: Supply Chain Disruption, Food Supply Chain, Inventory Visibility
Explore the benefits of commodity intelligence for the foodservice industry and discover software features to consider for an optimal sourcing strategy.
Topics: Market Intelligence, Strategic Sourcing
The cost of pricing errors in food supply chain management
Supply chain partners recognize the critical nature of visibility. But what happens when a supplier’s pricing has an error in the food supply chain system?
Topics: Food Supply Chain
How to Successfully Manage and Prevent a Food Quality Recall
A strong food quality and safety program is more critical to a brand’s success than ever before.
Find out how to manage and prevent a food quality recall.
Topics: Food Quality Control
Optimize Foodservice Quality with Risk Management Systems
Gain restaurant quality control with advanced quality incident risk management. Continue reading to learn how centralized software systems achieve this.
Beginner's Guide to Sustainable Food Supply Chain Management
Food supply chain management software can improve profit margins while promoting sustainable operations. Read on to learn about modern features.
Topics: Insider, Market Intelligence
A Guide to Food Safety Management for Supply Chain Partners
Achieve efficient food safety management with software for suppliers and distributors. Supply chain partners can optimize operations without risking safety.