ArrowStream Introduces CommodityONE Market Basket to Revolutionize Foodservice Cost Management

ArrowStream, Inc., a forefront provider in supply chain intelligence for the food sector, has launched CommodityONE Market Basket. This new tool aims to transform the prediction and management of food costs for foodservice operators amidst the volatile market conditions. Building on ArrowStream's CommodityONE forecasting success, Market Basket advances food cost management with item-specific forecasting leveraging extensive commodity intelligence and historical pricing data. This integration offers precise price forecasts, year-over-year insights, and market trends to inform decision-making.

Market Basket provides foodservice operators with the capability to anticipate cost fluctuations, prepare for inflation or deflation, and optimize pricing strategies with item-level precision. The tool's insights allow operators to make informed decisions for budgeting and planning confidently in unpredictable markets. California Pizza Kitchen's Director of Procurement, James Leung, highlighted Market Basket as a game-changer for customizing procurement strategies and enhancing profitability through ArrowStream's comprehensive data and menu-specific forecasting.

With over $38 billion in operator spend support, ArrowStream's Market Basket facilitates informed choices that drive profitability. It addresses inflation impacts, capitalizes on deflation, optimizes menus, and fosters franchisee trust through data transparency. According to Matt Heckroth, VP of Product Management at ArrowStream, CommodityONE Market Basket empowers customers with critical insights to navigate market fluctuations and secure a competitive edge.