Supplier Price Monitoring: How to Catch Every Price Increase
Suppliers quietly raise prices 3-5 times per year. Learn how automatic price monitoring saves you thousands annually.
The hidden cost of not monitoring prices
Most suppliers increase their prices multiple times a year. Sometimes they communicate it, often they don't. The result: you gradually pay more without noticing. Research shows restaurants overpay by 8-12% on average due to lack of price monitoring.
Manual checking doesn't scale
Let's be honest: who has time to compare every invoice line by line with the previous one? With 3 suppliers and 50+ products, you're already looking at hours of work. And then you need to match units too.
The solution: automatic price monitoring
With SupplierScan, you simply upload your new invoice or price list. The AI automatically compares with your previous uploads and shows which products have increased or decreased in price.
What to expect
SupplierScan users discover an average of 5-8 price increases per month that they would have otherwise missed. The most common increases are in fresh products (fish, meat) and oils.
How to get started
1. Upload your current invoices or price lists to SupplierScan
2. Upload your new invoices a week or month later
3. Check the price control dashboard for all changes
4. Confront your supplier with the data and negotiate
The bottom line
Restaurants that consistently monitor prices save an average of €200-500 per month. Not by switching suppliers, but simply by flagging price increases and making them negotiable.