If you worked as an advisor for a food processing industry, what ideas could you come up with for them to increase their profits?

Raise the prices or reduce package size.

 

  Install technology for the detection and eradication of Vegemite. Stat!
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Find ways to improve efficiency.  Buying product ingredients in large amounts to get a better price.  Look at packaging and see if there is a better container for a better price.   Without changing quality. 

If I was packaging myself, I would check into co-packers to see if they could do it cheaper. 

Open processing plants in Mexico and use cheap labor and have fewer regulations and inspectors.