Stresses the importance of the procurement unit in the foodservice operation, which demonstrates to students that
purchasing, receiving, storage, and inventory control are the base of the entire operation. Gross
Profit Margin Reduction $1.2 - $2.0 Administrative Fees $0.2 - $0.3 Marketing Fees $0.3 - $0.5 Margin Reduction in 2020 $1.7 - $2.8 Examples: Group
Purchasing Organizations If GPOs grow their share of foodservice from 10% in 2010 to 15 - 18% in 2020, the financial scenario for foodservice manufacturers is quite significant. Contemporary in perspective, this user-friendly introduction to foodservice procurement --
purchasing, receiving, storage, and inventory control -- emphasizes that
purchasing 1) is the first step in preparing menu items that satisfy customers, and 2> is not a cost center in the operation (as it was for many years), but that it contributes to the
profit, and that every dollar saved is a dollar ...
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Procurement: Purchasing for Profit is illustrated throughout with color photos, diagrams, charts, tables, and line drawings. It is presented in a straightforward, clear style, enabling the user to access information quickly and easily.
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