November 18, 2024 Market Report
Alerts & What’s Trending 10 Ways Procurement Technology Reduces Rising Costs in Foodservice 5 Proven Strategies to Combat Rising Food Costs with InsideTrack Stop Guessing: Optimize Your Supply Chain to Overcome Rising Costs Produce Iceberg lettuce prices surged another 88% week-over-week, more than tripling over the past month to reach $39.18/carton, driven by California […]
10 Reasons to Use Hospitality Procurement Technology
Hospitality procurement is no longer a back-office function—it’s a frontline strategy. In 2024, 96% of restaurants reported labor costs as a top challenge, 95% said food costs, and nearly 39% of operators shared that their restaurant was not profitable. For hospitality and foodservice operators, that means juggling tight margins, rising expectations, and limited resources. The […]