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Analyzing Ingredient Price Creep

  • Updated

Available in: Agile | Aware | Analyzer | Multi-Outlet

Monitoring ingredient price creep helps you proactively manage margin fluctuations. You can use the Recipe Price Creep report to identify ingredients with rising prices that may impact your food cost or margin percentage. You may need to adjust your recipe prices or negotiate better pricing with your vendor.

 

Changing the Creep Report Settings

To change these settings:

  1. Click the upper gear icon.

  2. Go to Setup > Options.

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  3. Update the default values:
    • Creep %: Defaults to 5%.
    • Timeframe: Defaults to 30 days.
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    • You can modify both values as needed.

Accessing the Report

You can access this analysis from Ingredient Manager using the Tools button.

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What the Report Shows

This report highlights ingredients that have risen in price.

  • The price increase is based on the creep percentage and number of days you set in Options.
  • Creep is calculated from the lowest price in the selected timeframe to the current price—a hybrid high-low analysis.
  • The report shows the widest swings from the high/low margin during the period to the current margin. It’s an instant way to spot problem price creep.

 

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