12 August 2010: Caterer & Hotelkeeper

While the monthly BRC/Nielsen report is focused on shop prices, food inflation does of course have a major impact on the hospitality industry.

Food service consultant Chris Stern said rises in food costs have the potential to be "a major problem". "Lots of organisations, especially in the public sector, are trying to drive down their subsidies and many are already struggling with this," he said. "Food price inflation will just put them under more pressure."

FIVE WAYS TO COMBAT FOOD INFLATION

1. Scrutinise your menu Study your menu and eliminate extortionate ingredients.
2. Play suppliers Benchmark a range of suppliers and corroborate your findings with market research.
3. Simplify Don't overcomplicate things. Rely on three or four quality ingredients per menu choice.
4. Stay seasonal and local The difference in price between produce in and out of season can be huge. 
5. Good housekeeping If you know Monday is going to be quiet, then prep accordingly. Don't buy too much and don't buy off spec. Order little and often.