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

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

Eg. add more water to the chicken noodle soup..

Posted - May 4, 2021
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Responses


  • 13277
    Raise the prices or reduce package size.
      May 4, 2021 10:18 AM MDT
    3

  • 44649
    They have been doing that for decades. Do you remember the one pound can of coffee and the half-gallon of ice cream?
      May 4, 2021 11:27 AM MDT
    2

  • 34432
    Remember? I buy ice cream by the gallon.
      May 5, 2021 6:51 AM MDT
    3

  • 53524

     

      Install technology for the detection and eradication of Vegemite. Stat!
    ~

      May 4, 2021 10:21 AM MDT
    4

  • 34432
    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. 
      May 4, 2021 10:44 AM MDT
    2

  • 44649
    Open processing plants in Mexico and use cheap labor and have fewer regulations and inspectors.
      May 4, 2021 11:29 AM MDT
    2

  • 10052
    Lol!
      May 4, 2021 8:09 PM MDT
    3