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Magone & Company | Food Manufacturing & Distribution Accounting

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Archives for August 2026

Five Signs a Food Production Efficiency Audit is Overdue

August 26, 2026 by Nick Magone

A busy food production plant doesn’t mean it’s running efficiently. Most food and beverage plants operate somewhere between 55% and 65% overall equipment effectiveness. But 85% is considered the world benchmark. A production efficiency audit exists to help make up that difference. The sooner your food manufacturing business undergoes an audit, the sooner you stop paying for waste you can’t see. Here’s when a production efficiency audit makes sense: Nothing… Read More

Filed Under: Operations

How Much is Food Waste Costing Your Business?

August 12, 2026 by Nick Magone

Food waste in manufacturing and distribution isn’t a sustainability issue. It’s a margin issue — and it’s a big one. Globally, food waste translates to an estimated $1 trillion a year. Across the supply chain alone, food waste costs are equivalent to 393% of revenue, reaching an estimated $540 billion in 2026. For a mid-sized food manufacturer or distributor, that’s the gap between a healthy margin and a break-even year…. Read More

Filed Under: Uncategorized

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Recent Posts

  • Is Your Food Business Built to Survive a Bad Quarter?
  • Eight Vendor Negotiation Tactics That Protect Your Margin
  • Five Signs a Food Production Efficiency Audit is Overdue
  • How Much is Food Waste Costing Your Business?
  • Your Food Safety Gap is a Compliance Gap

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