The 5 Best Ways to Control COGS (ENCORE)

Episode 350 June 13, 2024 00:21:47
The 5 Best Ways to Control COGS (ENCORE)
RESTAURANT STRATEGY
The 5 Best Ways to Control COGS (ENCORE)

Jun 13 2024 | 00:21:47

/

Show Notes

#350 - The 5 Best Ways to Control COGS (ENCORE)

 

*****

REGISTER NOW for the P3 PROFITABILITY SUMMIT (July 14-16, 2024 in St. Louis, MO): https://www.chipklose.com/events/ticket-p3-profitability-summit

*****

Of course, we're talking about the theoretical side of managing food cost, but this is where we should always begin. And if your COGS percentage is out of whack, there's a good chance your portioning and pricing is to blame. But the good news is that COGS problems are the best problems. Why? Because there are so many levers we can pull to fix the problem. 

We can...

1) Renogiate with our vendors

2) Find a new SKU

3) Find a new vendor

4) Play with portion sizes

5) Increase the price

Hopefully this episode helps pull it all into perspective! 

 

*****

Join me at the P3 PROFITABILITY SUMMIT in St. Louis, MO (July 14-16, 2024). Attendance is being capped at 100 people. Use the link below to get your tickets! 

REGISTER NOW: https://www.chipklose.com/events/ticket-p3-profitability-summit

Other Episodes

Episode 172

June 27, 2022 01:20:01
Episode Cover

Integrating Hospitality and Tech with Popmenu Co-Founders, Brendan Sweeney and Tony Roy

#172 - Integrating Hospitality and Tech with Popmenu Co-Founders, Brendan Sweeney and Tony Roy ***** Ready to learn more about the Restaurant Accelerator Group...

Listen

Episode 313

February 05, 2024 00:41:44
Episode Cover

RETHINK: The Service Model

#313 - RETHINK: The Service Model ***** This week's episode is brought to you by: KICKFIN Thousands of restaurants across the country use Kickfin...

Listen

Episode 99

February 01, 2021 00:53:30
Episode Cover

INTERVIEW: A New Kind of Collaboration for Mighty Quinn's & Otto's Tacos

#99 - INTERVIEW: A New Kind of Collaboration for Mighty Quinn's & Otto's Tacos This week's episode is brought to you by: BENTOBOX BentoBox...

Listen