SpenDifference.
You specify the products. We deliver the savings.
At SpenDifference, we help you procure the foodservice products and supplies you need based on your unique brand specifications and we do it at a lower cost to you. Wonder how we do it? We invite you to learn more here.
Commodities Updates
Consumer food inflation remains absent as wholesale food prices begin to move higher.
Consumer food inflation (CPI-Food) has remained near zero over the past five months (compared to a year ago). However, wholesale food prices, as measured by the Producer Price Index (PPI), have begun to accelerate, rising by 1.5% from a year ago during January.
The government’s PPI food report on wholesale prices was released around the middle February, and reports on the change in a broad range of prices. For January, the index of wholesale food costs rose 1.5% from a year ago.
January's PPI report showed wide variations in price changes (vs. YA). Most notable were fresh fruit prices, impacted by adverse weather in Florida, rising 44% above a year ago levels and up 20% during the past month.
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Testimonials
Working with SpenDifference has helped us integrate smarter purchasing management. They’ve brought our food costs down, which has allowed us to keep our brand focused on value and quality across the menu. SpenDifference combines the buying power of all their clients, so we all get the best deal.
— Kerry Kramp, President and Chief Executive of the Culver City, Calif.-based Sizzler USA
Since partnering with SpenDifference, each contract we’ve negotiated has saved our franchisees money reducing their food costs. Their expert category managers are absolute professionals, knowledgeable, and up-to-date on their area of specialty. They reach out to me to let me know what actions they think I need to take, and so far they’ve been dead on.
— R. Brent Murray, Vice President Purchasing and Distribution Taco John's International, Inc.