Manage profitability when raising your prices is not an option
After accounting for raw material, labor and equipment costs, profits in the food manufacturing industry can be slim at best. Add in the additional costs like investing in software, developing new products, working towards safety certifications and reaching new customers, and many companies may find themselves in the red.
When faced with this prospect, many companies make the mistake of raising prices on their customer. However, when you raise your prices, you risk alienating your customers and driving them to your competitors
JustFood is proud to present our best practice white paper: Manage profitability when raising your prices is not an option. In this white paper, we highlight alternative operational measures you can take to keep costs low and maximize your profitability.
Download the white paper today and learn to optimize:
- Expiry management
- Shelf life management
- Recipe management
- Production and yield reporting
- Maintenance management