How Restaurants Can Manage Food Costs During Disruptions

Experts have deemed recovery from the pandemic “complete,” but a new set of challenges has emerged for restaurants: labor shortages, disrupted supply chains, and extreme weather.

Amid these potential disruptions, operators need a fresh approach to managing food costs. Here are seven strategies to boost adaptability and resilience while safeguarding the bottom line. 

Understanding the Impact of DisruptionsRunning a restaurant has always been a balancing act. But it goes beyond figuring out how to source the freshest ingredients at the best price. Currently, owners and operators across the country are grappling with:

Worker Shortages: The restaurant industry is facing a severe labor crunch, with 45 percent of operators reporting they need more employees to meet demand.   Extreme Weather: By 2035, experts predict that higher temperatures alone will push up worldwide food prices by between 0.9 and 3.2 percent annually. Meanwhile, extreme weather events are likely to disrupt…