In today’s podcast we take a deep-dive into what Gross Profit is, why it’s important, and how your managers can improve this critical number in your beer business
Topics Covered: Gross Profit (GP) Fundamentals
- GP Calculations, Items Included / Excluded
- Practical Uses of Gross Profit Knowledge
- Decision Making Tool, Cost per delivery, Hot Shots
- Common Errors in Gross Profit – How to identify and correct
- How to Reconcile Gross Profit to P&L – Monthly routines to ensure good numbers
- Planning and Monitoring Gross Profit
- Combining the Sales Forecast and GP plan, Monthly reports
