Critiques
Darren666
SupplyChainDisruptions.pptx
SUPPLY CHAIN
Reference：
https://www.qsrmagazine.com/operations/restaurant-operations/5-tips-navigating-supply-chain-disruptions/
HUIJIAO NI #638649
5 Tips to Navigating Supply Chain Disruptions
——Food waste is one of the largest areas of potential cost savings in a restaurant.
Brief Overview:
Supply chain disruptions can significantly impact operations in the restaurant industry, affecting cost, quality, and customer satisfaction.
(to Dec,2021) 95% restaurants have experienced significant supply delays or shortages of key food items ;
75 percent of restaurants have made menu changes because of supply chain challenges.
Restaurant commodity prices are soaring with beef up nearly 60 percent, fats and oils up 50 percent and eggs up nearly 40 percent.
Menu prices and tip ratios have also increased year-on-year.
Recipe Costing & Menu Engineering
Competitive Advantage: Analyzing menu items for profitability aids in smart decision-making, optimizing the menu for cost-efficiency.
Efficiency: Simplified menus reduce complexity, leading to better resource utilization and operational efficiency.
Inventory Counts and Purchasing Adjustments
Menu Adjustments
Improved Forecasting
Enhancing Productivity: Organized ordering and receiving processes minimize overstock and waste, enhancing operational productivity.
Competitive Environment: Efficient processes contribute to a competitive advantage by reducing costs and promoting quality control.
Quality Assurance: Reducing waste by accurate procurement ensures quality and freshness of food served, enhancing customer satisfaction and loyalty.
Streamlined Ordering and Receiving
Conclusion
For catering industry
Final Thoughts:
Protect our margins by tightly managing costs. While we have no idea when the supply chain disruptions will end, we do know that managing costs has always been and will always be key to success in the restaurant industry.
Effective management of supply chain disruptions through accurate forecasting, organized inventory management, streamlined ordering processes, and waste reduction contributes to enhanced operational efficiency and competitiveness.
Extended Thinking
The global supply chain faced unprecedented challenges during the COVID-19 pandemic.
Disrupted Supply Lines: Lockdowns and restrictions affected the smooth functioning of supply lines globally.
Labor Shortages: Illness, social distancing requirements, and other factors contributed to labor shortages.
Demand Fluctuations: Panic buying, hoarding, and shifts in consumer behavior led to unpredictable demand.
Increased Costs: Additional safety measures, disruptions, and other factors led to increased operational costs.
1
3
2
Diversification of Suppliers:
Digital Transformation:
Extended Thinking
Addressing these issues required a multifaceted approach. Here are some key strategies and considerations:
Companies should diversify their suppliers, ensuring they have alternate sources if one fails.
Nearshoring or reshoring production closer to end markets to reduce transportation issues and dependencies.
Open communication with suppliers can help in understanding their challenges and developing solutions .
Implementing advanced analytics can help companies forecast supply chain disruptions.
Blockchain can ensure transparency and traceability in the supply chain.
Automation and robotics can reduce the dependency on manual labor, which can be unpredictable during pandemics.
Re-evaluate Product Designs:
Consider simplifying product designs or using alternative materials that might be more readily available.
Understand the worst-case scenario and be prepared to deploy strategies when it occurs.
