Buyers of food - Fish, Meat & Fruit/Veg
Discussion
Carlton Banks said:
How do some of the large restaurant chains etc control their costs for seasonal produce that may have fluctuating prices?
Do their suppliers reprice monthly, weekly or are you able to lock in prices for a longer period?
The supplier/processor usually takes the hit, particular problem if the weather affects supply meaning the prices go through the roof.Do their suppliers reprice monthly, weekly or are you able to lock in prices for a longer period?
Often the prices are agreed for 12 month periods.
(had an interest in a veg processing company until last year, if you need to know more let me know)
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