Dairy Queen Aims to Cut Food Costs with Instill Suite
International Dairy Queen Canada, a wholly-owned subsidiary of Berkshire-Hathaway, Inc., announces its selection of the Instill Spend Management and Instill Inventory Management solutions from Instill Corporation to gain greater visibility, uncover food cost savings opportunities, improve the profitability of promotions, and provide greater value to franchise members.
"Given today's inflationary pressures, we want to protect our franchise members and provide the best tools to combat rising food costs," says Doug White, vice president of Dairy Queen International. "Instill helps us improve our ability to perform a complete audit of our spending so we can enforce price and purchase compliance and maximize the success of our limited time offers."
Instill Spend Management automates the collection and standardization of unit purchase information from distributors, identifies contract price variances, SKU and manufacturer optimization opportunities, compliance problems and helps uncover new savings opportunities.
Instill Inventory Management provides daily visibility into distributor inventory levels for operator's proprietary products preventing stockouts, overstocks and costly product repositioning to improve the profitability of promotions.
"Visibility into actionable information across our entire network is a key component in the success of our supply chain initiatives," comments Brian Leibel, general manager, CDQ Co-op Ltd., the purchasing co-op for International Dairy Queen Canada. "Our teams across the country will be able to make better decisions and quickly respond to market changes because we will all be working off of a single source of truth."