PITTSBURGH – SCA Technologies, the leading provider of category sourcing and margin management solutions, sponsored the National Restaurant Association’s Supply Chain Management (SCM) Executive Study Group spring meeting May 14-15, 2015. This event was held in Chicago in conjunction with the 2015 National Restaurant Association Restaurant, Hotel-Motel Show, a globally-recognized food industry conference with an expected 65,000 attendees.
The goal of the SCM Executive Study Group was to provide a forum for mutual exchange of information relative to supply chain management best practices and applications as they pertain to the restaurant, food service and hospitality industries. Since its inception, the Supply Chain group has focused on promoting dialogue and providing knowledge on the increasing cost of commodity and wholesale food prices, sourcing of ingredients and traceability of products for its members. As the largest food service trade association in the world, the National Restaurant Association (NRA) supports nearly 500,000 restaurant businesses.
Dedicated to supply chain issues in the restaurant industry, the SCM Executive Study Group offers an unparalleled chance to learn from peers. The session’s agenda includes sessions focused on commodity risk management, planning and budgeting, LTO strategy, supply chain visibility and a CFO panel. “We are excited to welcome supply chain, finance and sourcing executives from across the industry to discuss best practices that can contribute directly to a company’s profitability,” said John Lehmann, Director of Member Engagement Programs for the National Restaurant Association.
“As we saw in the recently published 2015 Restaurant Industry Forecast, controlling costs while managing growth continues to be a challenge for restaurant chains. SCA Planner™ helps chains analyze more dynamic scenarios, with more accurate commodity and inventory data, and immediately see the impact on cost of goods and margins,” shares Samarth Sarthi, CEO of SCA Technologies. “Leading restaurant chains use SCA’s solutions to overcome industry challenges and attain growth by more accurately projecting food & paper costs, optimizing sourcing and supply planning, and better managing margins.”
About SCA Technologies
SCA Technologies provides supply chain and cost management solutions that help food industry leaders maximize profits by better managing market, supply and demand volatility. Supply chain, procurement, and finance professionals use the integrated approach of SCA Planner™ to make better decisions for billions in category spend each year. With this increased visibility they can finally evaluate market alternatives in a coordinated manner and respond quickly to changes, leading to an average reduction in the cost of goods sold by 3-5% on an annual basis. Learn more about our innovative, cloud-based solutions for the extended value chain at www.scatech.com.
Source: SCA Technologies
