Restaurant Groups Looking for Ways to Create Efficiencies in Supply Chain

Friday, April 1, 2011

Restaurant Groups Looking for Ways to Create Efficiencies in Supply Chain

Today’s Wall Street Journal features an article about the initiatives large restaurant chains are taking to create efficiencies in their supply chains.  Companies like Starbucks, Darden Restaurants (owner of Red Lobster and Olive Garden chains) and Texas Roadhouse are hedging prices on ingredients and looking for ways to purchase cooperatively to give the groups more buying power and more leverage with their suppliers.

“We’re seeing a level of sophistication in supply-chain management that didn’t exist five years ago,” said Dave Donnan, a partner in the consumer products practice at consulting firm A.T. Kearney.  “The separation of those that will succeed and those that will fail will be based on attention to detail.”

How is your organization paying “attention to detail” to improve your supply chain?

Click here to read the full article.