We are sure that you will have continued to read in the press the upward pressures on commodity prices. One of the most telling articles we came across was the one in the Caterer and Hotelkeeper of 25th March.
In the article ‘What’s up.. and what’s up even more’, the great concern they identified these rises will have, is that eventually these increases will have to be passed on the end user, the customer, which, as we all know, is a brave decision when the strength of the economy is still fragile.
The second concern was that suppliers may well start to decrease the amount of food they package.
Summary of increases
Bread and Cereals +5.1%
Fruit + 7%
Sugars + 6.6%
Meat + 2.9%
Veg + 6.3%
Oil and Fats + 15.7%
Milk, cheese, Eggs +0.5%
All this makes profit generation harder and profit protection critical. Our monthly impact reports give you a quick snap-shot of the impact price changes have had in you business. We are constantly monitoring this on your behalf and are presently working on indentifying quick wins for you to help minimise any negative impact.
We are also looking at menu costing software which, by using your data, will give real time gross profit movements by dish if prices move. This, we believe, will be very beneficial where business are working to pre-priced menus, especially banqueting and wedding menus. If you are interested in receiving more information on how we can help your business then please call us on 01942 290 100.
The Horse and Jockey, a landmark pub in the South Manchester suburb of Chorlton, have published their Spring Newsletter with details of all the events which are taking place during the next few months.
All around the country, hospitality workers from across the industry are gearing up for a week-long fundraising festival (16-22 May) for Hospitality Action and this year we are campaigning to get every person to raise a minimum of £5. Hospitality Action Week is a great opportunity to bring everyone together and have fun, so why not make it a team effort to raise even more?
The first two HA Week’s raised a fantastic £120,000 through an array of exciting events with themed lunches, cycle-a-thons, doughnut eating competitions and skydives taking place right across the country.
So whether you think you can raise your £5 by entering our Big Prize Draw to win a trip to Dubai for two including flights; saving all the loose change in your pocket during the week or even charging your colleagues £1 for a cup of tea, the sky’s the limit, but remember – it’s all about being creative, so play it safe if you want to or let your imagination run away with you…
We have a useful fundraising pack which is full of ideas and suggestions. So, go on, soar into action and become a hero for Hospitality Action Week, the industry’s charity event of the year! For more information and to register visit www.hospitalityaction.org.uk/haweek and we’ll send you your fundraising pack which will get the ideas kick started!
If you’re feeling active make like a super hero and take part in the Sunday May 15th 5K Super Hero run in London’s Regents Park! Registration is just £20 with each runner asked to raise just £100 sponsorship. You can bring your own superhero costume with you or collect one for free on the day! To register simply click here
Help support Hospitality Action by attending one of our great events.
For more information visit: www.hospitalityaction.org.uk/events