Foodservice Industry News - Franklin Foodservice Solutions, Inc. Blog

Foodservice Industry News

Franklin Foodservice Solutions, Inc. Blog

Do You Understand Your Cost to Serve?

Posted by Dave On January 10th

You probably don’t know what your total…

Franklin Foodservice Cost to Serve 01 Do You Understand Your Cost to Serve?

…cost to serve is from order to cash.

Starting with the receipt of an order and ending with the collection and application of cash, do you know exactly where your money is going?

Most companies simply use an average cost across the full cost of their shipments, leading to ineffective decision making which could really cost your company.

By looking at the cost to serve on a smaller level, you’ll be able to see exactly where your businesses money is being allocated.

The Franklin Foodservice Solutions team is here to help you do just that.

By dividing your data down into 6 outbound weight brackets and 20 different cost driver activities per bracket you’ll have an exceptionally detailed overview of your businesses supply chain costs.

Once you have all of the information in front of you, you will be able to identify key cost drivers and make the right decisions when it comes to your sales, marketing, and supply chain decisions.

To get the latest and most timely information from Franklin Foodservice Solutions, subscribe to our FREE eNewsletter or if you are interested in finding out your business’ cost to serve, feel free to contact us or call us at (239) 395-2787.

-Dave

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