Agile | Aware | Analyzer | Multi-Outlet
Why it's important
- Identifying the widest margin swings allows you to manage these issues proactively.
- Look at your Recipe Price Creep report as the higher prices for ingredients will affect your food cost or margin %. You may need to change the prices of your recipes.
- Negotiate with your vendor for better pricing.
How to do it
To change these setting click the upper gear icon/Setup/Options.
reciProfity defaults to 5% and 30 days for this Creep Report. You can change both the percentage and the number of days.
- Access this Analysis is from Ingredient Manager using the Tools button.
The big picture
Price rise is by the creep % you've set, for the number of days you've requested in Options. It's an instant way to see problem price creep.
Creep is from the LOWEST price in the last nn days to the current price. This is a hybrid high-low analysis.
The report shows the widest swings from the high/low margin of the period to the current margin.