Rising Costs and Resilient Solutions: Not Putting All Our Eggs in One Basket
Kirby Lavallee, M.A.
Franchising Expert & Brand Builder | Partnering with Visionaries to Create Sweet Success - COO and Chief Success Coach
The egg crisis has served as a wake-up call for many industries, but at The Cake Girl ?? , we’ve been preparing for challenges like these long before they arrive. With recent events like the bird flu outbreak—resulting in over 20 million egg-laying hens being lost in the last quarter of 2024—and new state laws requiring cage-free eggs, businesses reliant on eggs have faced significant cost increases and supply chain disruptions.
A Recipe for Resilience In the face of these challenges, we’ve embraced the old adage, “Don’t put all your eggs in one basket.” For us, that means diversifying our supplier network across multiple regions to ensure we can source high-quality ingredients, even when disruptions hit specific areas. This approach allows us to pull from suppliers with available stock and maintain operations without compromising quality or consistency.
Forecasting for the Future We don’t just react to challenges; we anticipate them. By staying informed about trends and monitoring events like the bird flu outbreak or legislative changes, we can forecast potential disruptions and make proactive adjustments to our purchasing and production strategies.
Transparent Communication with Our Customers While supply chain issues and rising costs impact our business, we believe in being transparent with our customers every step of the way. When market disruptions like these occur, pricing across the board is affected. Open communication ensures that our customers are informed about industry trends, fluctuations, and how these changes may impact pricing.
By educating our customers, we’re not only preparing them for potential adjustments but also building trust and fostering a deeper understanding of the challenges we’re navigating together. This approach reinforces our commitment to providing exceptional products while maintaining the high standards they expect.
Adapting Without Compromising Here’s how we stay ahead:
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The Bigger Picture While the egg crisis highlights the importance of adaptability, it’s a reminder that resilience in business requires creativity, strategy, and exceptional communication. By diversifying our supply chain, forecasting challenges, and keeping our customers informed, we’ve turned potential obstacles into opportunities to strengthen our business and deepen our relationships with our community.
So, while others may feel like they’re walking on eggshells, we’re baking a brighter, more resilient future—one egg at a time.
How does your business stay ahead of supply chain challenges while keeping customers informed? Let’s exchange strategies and ideas below!
Well said!
Franchising Expert & Brand Builder | Partnering with Visionaries to Create Sweet Success - COO and Chief Success Coach
1 个月#inflation #cost #increase #operations #business #foodcost