Buyers of food - Fish, Meat & Fruit/Veg

Buyers of food - Fish, Meat & Fruit/Veg

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Discussion

Carlton Banks

Original Poster:

3,640 posts

235 months

Tuesday 29th July 2014
quotequote all
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?

POORCARDEALER

8,523 posts

240 months

Tuesday 29th July 2014
quotequote all
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.

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)

Carlton Banks

Original Poster:

3,640 posts

235 months

Wednesday 30th July 2014
quotequote all
That makes sense, thanks for your response.