Skip to Content

When costing mistakes eat into food business margins

October 30, 2023 Article 3 min read
Authors:
Jon Wood Joe Puglia Josh Guske
Understanding costs is essential to drive profitability and competitiveness for food and beverage businesses. Our experts share an assessment of signs and causes to help you stay prepared via The Food Institute.
Food and beverage CPG professional assessing costs for new product line.Inaccurate cost structures could be affecting your food and beverage business’s profitability and competitiveness. The most obvious sign of an issue is lower-than-expected margins based on revenue, but what causes this? Plante Moran’s food and beverage experts explore symptoms of inaccurate costing and root causes you may be missing in your cost and pricing decisions. Take advantage of an informed approach to costing — and in turn — drive profitability.

Read more on The Food Institute.

Related Thinking

Food and beverage CPG professionals discussing operational costs.
January 16, 2024

Landing space on big-box store shelves: Assessing food business costs and margins

Article 4 min read
woman looking at products in grocery store aisle
July 6, 2022

The art of SKU rationalization: Getting accurate costing data

Article 5 min read
Factory worker working at a glass bottling section.
February 12, 2021

Food and beverage market dynamics: Is your costing keeping up?

Article 7 min read