British Food makers are facing increases of up to 10% on material costs as the slump in the pound impacts on finished goods. With most producers locked into fixed-price contracts with major retailers, there is little room to increase prices and pass the additional cost to the customer. Most at risk are those smaller private-label producers, who source over half of their raw materials in non-sterling currencies (source S&P rating agency).
MCP Consulting Group is actively working with companies throughout the UK to help in identifying cost reduction opportunities, improvements in asset reliability and supporting Continuous Improvement activity.
If you would like to understand how MCP can help you and your business in improving performance and profitability, go to our website for more information or call direct.
www.mcpeurope.com or 0121 506 9032