The traditional enterprise go-to-market motion is undergoing a transformational shift. B2B buyers are more sophisticated than ever, and operational efficiency is a key focus for every organization. One key function possesses a unique opportunity to shape the future of revenue generation: enablement. On this podcast, we’re bringing you the secrets, strategies, and tactics that successful enablement leaders are using to drive meaningful impact. The Enablement Edge is the go-to resource for sal ...
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The 5 Best Ways to Control COGS (ENCORE)
Manage episode 423374306 series 3251147
Content provided by Chip Klose. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chip Klose or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
#350 - The 5 Best Ways to Control COGS (ENCORE)
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REGISTER NOW for the P3 PROFITABILITY SUMMIT (July 14-16, 2024 in St. Louis, MO): https://www.chipklose.com/events/ticket-p3-profitability-summit
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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
362 episodes
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Manage episode 423374306 series 3251147
Content provided by Chip Klose. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chip Klose or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
#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
362 episodes
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Similar to RESTAURANT STRATEGY
The traditional enterprise go-to-market motion is undergoing a transformational shift. B2B buyers are more sophisticated than ever, and operational efficiency is a key focus for every organization. One key function possesses a unique opportunity to shape the future of revenue generation: enablement. On this podcast, we’re bringing you the secrets, strategies, and tactics that successful enablement leaders are using to drive meaningful impact. The Enablement Edge is the go-to resource for sal ...
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continue reading
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continue reading
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Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
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