Consulting Group, which is managing the study, said that foodservice companies can realize administrative cost savings of 30 to 60 percent when item and price data are aligned. As a result, the ease and speed of doing business improves.
Companies work on a more collaborative and timely basis.
They also become more focused on the present, because staff can spend more time building the business and servicing customers, rather than fighting fires and correcting past mistakes. It is a better utilization of people. You can use your people for customer contact instead of putting out fires and you can have more time to work on developing new business. Now at its halfway point, the study is examining both the requirements and benefits of data alignment. Final results from the study are expected to be released in June.