Yield & Cost Analysis

Contact your retail team member for a copy of the Financial Tools for Retail Meat Operations.

To download your copy of the Financial Tools for the Meat Professional program, visit www.meatfinancialtools.info.

BIC has created a comprehensive program that helps operators make concrete, profitable decisions in the most expensive component of their fresh meat case - the Beef Category.

The Financial Tools for Retail Meat Operations program is built on sound accounting practices that explain financial concepts from a retail perspective. These financial tools give the operator the information they need to make management decisions about optimizing their purchasing and understanding their margins.

The entire program includes a compact disc with the Financial Tools spreadsheets and user guide. A financial manual is also provided which explains financial terms and techniques for determining the yield from meat and poultry items. The spreadsheets are Microsoft Excel compatible. Retail and foodservice operators can also get additional support for the program at: www.meatfinancialtools.info.

Financial Tools also includes a purchasing management section that assists operators in calculating requirements but also illustrates the quantities of trim and by-products the main item will generate - based on the yields an operator has calculated. This allows for more accurate planning.

There is a comparison tool built into the program as well, so operators can compare different specifications. For example - determining a yield analysis on different specs for prime rib. The program also allows retail operators to compare up to five different primal at a time. A "Help" page is built right into the spreadsheet and operators may quickly access additional help by clicking on links on the www.meatfinancialtools.info Internet site.