Often times labor costs can be underestimated particularly in the supply chain. For those who like...
let me introduce to you the Datum FS Foodservice Supply Chain Stress Index. This index is made up of five categories, including commodity inflation, labor inflation in the chain, domestic freight rates, foodservice sales and other world supply chain pressures captured in the New York Fed’s overall Supply Chain Pressure Index. Readers will notice that the pressure increased substantially over the last few years (cue Gomer, “Surprise, surprise, surprise”), but note the trend over the last several months: The pressure is easing. Look for me to expound more on this index in further issues. Yes, the excitement you're feeling is real!
Datum FS now has forecasts for over 50 commodities comprising various beef, dairy, grains, pork and chicken markets. If you would like to learn more about a complimentary trial to the forecasts and commentary or about Datum FS services direct message me. Thanks for reading.
