Develop your plan for growth and success
You know your products and your business. We know foodservice.
Our industry experts will help you layout a comprehensive roadmap designed to grow your business within the foodservice industry.
Foodservice Strategies To Help You GROW
Our team has more than 100 years of combined experience in strategic foodservice planning that will help you effectively bring your product to market.
We provide industry experience in the following areas:
- A complete roadmap – from conception to execution – focused on efficiently driving new sales
- Preparation of GDSN (Global Data Synchronization Network) information to target distributors and foodservice operators
- Correct product mix for foodservice
- Private label and exclusive brand development
- GS1 Expertise
- Competitive landscape analysis
- Comprehensive pricing strategies, to ensure you have a margin, based on region, customer segment, collected data, and foodservice fees
- Selection of the right, actionable data from industry-trusted sources (Datassential, Brizo, Technomic)
- EDI – Electronic Data Interchange for invoicing
- Guidance for broker representation process and recommendations from our extensive network
Foodservice Strategy Key Terms
CPG – Consumer Packaged Goods
SKU – Stock Keeping Units (items)
GS1 – Barcode provider
GDSN – Global Data Synchronization Network (data pool)
Data Pool – The company storing your data in the cloud
Shelf Life – Typically, this is the time from production date to the “best by” date on a package.
FOB (Freight on Board) – Cost of goods at the manufacturers dock. No freight added.
Landed Cost – Cost of goods plus freight
Broadline Distributor – A term used for a foodservice distributor that carries most of the relevant product categories to run your restaurant.
Recent thoughts on Strategy in the Foodservices Business
Success takes Time
As the year draws to a close, it’s natural to reflect on the past and plan for the future. We all crave success, and often, we want it immediately. We
CPG and Foodservice Differences
If you are a leader with a CPG company and considering broadening your customer base to include foodservice, there are several factors to consider. Here is a short list: 1.
Strategy for Foodservice Manufacturer COGs
Recently, Restaurant365 produced a “Guide to Recipe Costing & Menu Engineering”. If you are involved in the foodservice supply chain, I highly recommend absorbing what is said in this piece!
