Trip Thunhorst’s Post

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Entrepreneur - Marketing Consultant

Craft breweries face tough times. Over 25% are operating at a loss. Rising grain prices and utility costs exacerbate the issue. You can turn your brewery into a lean operation. Understanding efficiency is key. Here’s how to master it: **1. Smart Inventory Management** - Implement just-in-time inventory to save money. - A brewery can save $45,000 annually by optimizing grain delivery. - Partner with local breweries for bulk purchases. **2. Leverage Technology** - Use modern brewery management software to save time and money. - A successful brewery cut 20 hours of labor weekly with better software. - Implement energy management systems to optimize utility usage. **3. Optimize Operations** - Automate processes to improve consistency and reduce labor costs. - One Michigan brewery reduced errors by 98% with an automated canning line. - Implement a preventive maintenance schedule for equipment. **4. Diversify Revenue Streams** - Explore taproom events and merchandise to increase income. - Dogfish Head Brewery expanded into restaurants and hotels to boost profits. - Look for creative partnerships to enhance your brand. **5. Focus on Cash Flow Management** - Negotiate better payment terms with suppliers. - Plan for seasonal fluctuations in income. - Consider alternate revenue streams to avoid financial strain. Every dollar saved boosts your growth potential. Efficient operations lead to long-term success in brewing. You don’t just brew beer; you build a resilient business. Transform how you operate and thrive in this challenging market. Source: - https://lnkd.in/g8_6Hid5

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