100 Reasons for High Food Costs
Menu 1. Poor forecasting of business volume 2. Menu offerings that do not appeal to clientele 3. Poor menu design for cost control 4. Too many items on the menu 5. Monotonous menu choices 6. No balance between high and low food cost menu items 7. Poor promotion of low cost items 8. Improper pricing of menu items 9. Failure to adjust prices when food costs increase
Purchasing 10. Excessive inventory of perishable items 11. No competitive purchase policy 12. No detailed specifications 13. Poor relationships with suppliers 14. Use of fixed versus flexible standing orders 15. Not monitoring markets for supply and price 16. Graft between buyer and purveyors 17. No regular and organized inventory procedures 18. No formal written inventory records 19. Overbuying 20. Par stock level too high—slow inventory turnover 21. Fictitious company invoices being sent for payment 22. Reprocessing of paid invoices for payment 23. Failure to take discounts for early payment
For more tips, sign up today to our Free Email Newsletter. SIGN UP NOW |