5 Ways Restaurants Can Crack the Code on Rising Egg Prices

This article first appeared in FastCasual.com.

Egg prices are once again on the rise, presenting a significant challenge for restaurants, particularly breakfast-focused concepts where eggs are a cornerstone ingredient. As a result of a fatal strain of bird flu that has persisted for two years, the cost of eggs has surged by 30% over the past year. For full-service and quick-service restaurants, this volatility impacts everything from food costs to menu pricing strategies. At Sunny Street Café, we’ve implemented several strategies to navigate these price hikes while protecting our bottom line and keeping customers happy.

1. Reducing waste and managing costs

The volatility of egg prices demands constant vigilance. At Sunny Street Café, we evaluate egg costs weekly, staying informed about market trends and anticipating price fluctuations. This level of monitoring allows us to make proactive decisions rather than reactive ones.

One of the most effective ways to offset rising egg prices, for example, is through tighter inventory and waste management. For us, that means leveraging technology like Restaurant365, an inventory management system that helps track every detail of food costs. By understanding the variances in expected versus actual costs down to a tenth of a percent, we identify areas where pennies can be saved.

Read the full article in FastCasual.com.