Take steps to manage tariff-related costs

​The recent confirmation that the U.S. is applying sweeping tariffs to imported goods from around the world is adding a new layer of uncertainty to foodservice operations. The National Restaurant Association addressed the potential impacts: “Applying new tariffs at this scale will create change and disruption that restaurant operators will have to navigate to keep their restaurants open,” Michelle Korsmo, CEO of the National Restaurant Association, said in a statement. “The biggest concerns for restaurant operators – from community restaurants to national brands – are that tariffs will hike food and packaging costs and add uncertainty to managing availability, while pushing up prices for consumers.”
As food prices rise, senior living and adult care facilities will face pressure to maintain quality while managing tighter budgets. What practices can help? Rotating menus every few weeks can standardize purchasing and reduce waste. Tracking attendance and monitoring plate waste can also help facilities better forecast ingredient requirements. Are there items you currently serve that are less popular – or come back in excess on residents’ plates?
Fortunately, working with a distributor like US Foods can help you secure lower prices on food and supplies. At the same time, how you manage those items – like using first-in, first-out (FIFO) practices and avoiding overstocking perishable items -- can reduce spoilage. Leaning on seasonal ingredients and cross-utilizing ingredients across meals as much as possible can help too. Hopefully your inventory is filled with items that serve a range of purposes across your menu – as key ingredients in one dish and supporting players that disappear into others.
Finally, does your staff training include instruction on efficient prep, proper storage, and yield-maximizing techniques that reduce waste? Your technology can back you up by helping you streamline your inventory and plan menus in a cost-effective, compliant way. Contact Team Four if you need support.