Tag: produce blueprints

Credit extenders must make difficult decisions every day, and these decisions often have an impact on their company’s bottom line.

Data fuels Blue Book scores—inputs are analyzed within a scoring model through a proprietary algorithm. Trade experience surveys, which ask companies to rate experiences with their business partners, are a primary source of data. 

If you don’t think your company’s credit score matters, it does! Just ask your vendors and other business relationships.

Whether it’s a shell company that wants to buy several loads of whatever with intentions to vanish shortly after the purchases, or one person that’s fraudulently impersonating another or a company, it can take time to effectively vet new prospective customers, and the numbers say so.

The Problem: Who pays the freight bill following a rejection to an FOB seller? The Solution: The FOB buyer pays the carrier and claims damages against the seller.

Does a challenging or moderately challenging onboarding process correlate with extremely to moderately effective screening procedures?

While fraud has been a part of the produce industry for decades, Blue Book Services has seen a noticeable spike in fraudulent activity in recent years.

So what does the future of foodservice look like? For many, it’s already here; for others, it’s just trying to stay ahead of negatives like higher prices, supply issues, and labor to keep the doors open.

Continued interest in health and wellness at foodservice calls for more and bigger portions of produce on the plate.

Restaurant operators globally have returned to menu innovation, according to Technomic, with the average chain worldwide introducing 19 new or limited-time offerings in 2023, more than in 2021 or 2022.