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Distributor Negotiating 101

When is the last time you renegotiated pricing with your Distributors? It's one of the best ways to decrease your expenses so you can realize more profit in your restaurants. Keep in mind that everything is negotiable to a point. However, it would be best if you are prepared before you climb into the octagon. 1. Sell you and your business as a must-have account Distributors are just like any other business owner. They want... Read More

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2019 Gratitude Donations

SC 2 (Supply Chain Synergy Consultants) is pleased to announce that from our 2019 earnings we are donating $500.00 to the Gary Sinise Foundation and $500.00 to Cherry Creek Vally Rotary of Parker CO. SC 2 had an incredible second year of business and we are so pleased we can provide funding to these great organizations. Thank you for all my wonderful clients for making these donations possible.... Read More

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Get the Right People on the Bus in the Right Seats – Talent Shortage in Supply Chain

“It is better to first get the right people on the bus , the wrong people off the bus , and the right people in the right seats, and then figure out where to drive”. James C. Collins Have you tried to hire a senior supply chain department leader for your company lately? I have, and it is a struggle! Issues arise from not committing to relocate, something in their past company that gives you... Read More

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How Private Equity Looks at Outsourcing to Drive Alpha

It is estimated that private equity has nearly 1 trillion USD in available capital to deploy, that is a great deal of money to put to work. In today s market, the search for Alpha is in strong investor demand, investors are more discerning in whom they allocate dollars. Investors want to be confident that PE s can put all that dry powder to work in high valuation opportunities. To support in PE s ability... Read More

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Why you should have a restaurant GPO in your Supply Chain

Purchasing plays a critical, sometimes strategic, role in restaurant performance where it often has control over half or more of the restaurant s total costs. Restaurants are pressured to streamline the purchasing processes in an attempt to lower costs and inventory and improve product quality. A GPO is a way of accomplishing this goal. GPO s are primarily focused on buyer-to-buyer collaboration. Broadly, cooperative purchasing relates to a relationship between two or more buyers that... Read More

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Dan Murphy: The Novelty Effect

Why the ‘boom in consumer trial of alt-meat shamburgers and chicken? A new market analysis IDs the real reason: It s all about the urge to try something new and different, if not better. Of all the poorly worded attempts to capture the “buzz” associated with the ongoing media salivation over the alt-meat meat category s latest introductions, few surpass this one from the website Takeout.com: “Most coverage of the rollout of meatless fast-food burgers... Read More

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When Leadership is Lacking

Thank you STEVE KEATING CME, CSE for a great article! Some of you will find this post lacking. You ll find it off the mark because you believe that management and leadership are one in the same. You are convinced they are two words that describe the identical characteristics and skills. Before I write this next sentence I should remind you that I was a long time member of the Dale Carnegie organization. I believe... Read More

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U.S. Producer Prices Exceeded Estimates in November

U.S. producer prices rose in November on advances in foods and transportation services, while a measure of underlying costs accelerated, offering some potential signs of inflation pressures bubbling up in the economy. The producer-price index advanced 0.1 percent from October, cooling from a rise that was the fastest in six years, Labor Department data showed Tuesday. The annual gain slowed to 2.5 percent from 2.9 percent. The Bloomberg survey median estimates called for no change... Read More

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