How Can I Prevent Contract Overlaps and Overpricing?

3 Min Read By Melissa Evans

This edition of MRM's "Ask the Expert” features advice from Buyers Edge Platform. Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.Q: How Can I Prevent Contract Overlaps and Overpricing?

A: Contract overlaps and pricing have a lot of impact on restaurant operators and their business, especially for those without supply chain personnel or who are simply too busy to check or double check pricing contract structures. 

As we move into a new dawn of operational risks, challenges and successes, it’s important that supply chain overlaps and over pricing are kept to a minimum. As supply chain shortages continue to challenge the restaurant industry, operators today simply cannot afford to lose their hard-earned cents on the dollar. 

To better manage and keep a handle on contract management, operators can conduct routine invoice audits, automate their contract management, monitor…