SLU Cook School of Business Center for Supply Chain Management Newsletter: April 2013

Page 6

Source: Bloomberg Businessweek We have to think that U.S. food supply chain efficiency is a huge contributing factor in this long term decline in the expense ratio. SCDigest editor Dan Gilmore is somewhat dubious of the decline in restaurant meal costs as percent of income, given the trends in his household, but the data is the data. 6


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