The Economic Multiplier: Analyzing the ROI of Local Supply Chains
In the hospitality sector, decisions are often made based on the immediate cost of goods sold (COGS), but a deeper analysis of the data reveals that this narrow view often obscures the long-term profitability of local sourcing. When we examine the metrics of brand loyalty, customer lifetime value (CLV), and the local economic multiplier effect, the case for partnering with regional producers...
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