Bulk Olive Oil Information
Bulk Olive Oil Manufacturing Blog

Bulk Olive Oil Blog

The Best Bulk Oil Tote Dispenser We've Ever Seen

Posted by Hannah Broaddus

Trying any new packaging size in an industrial food manufacturing setting can be daunting.  Especially if it's a larger size that your production team hasn't had experience with in the past.

There's a learning curve as your team begins to work hands on with this new packaging.  How they get the oil out and onto your manufacturing line is going to be a new process that they'll have to relearn.

Industrial bulk oil totes, in particular, can be challenging to transition to if your warehouse has never used that large of a packaging size before.

We'd like to recommend our favorite dispensing system; trust us-- it's going to make that transition to totes a lot more straightforward.

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Topics: Packaging

The Type of Olive Oil You Need To Use To Get A Light Color & Flavor

Posted by Hannah Broaddus

The Grade Of Olive Oil You Need To Use If You Want a Light Color & FlavorIf you ate your cereal with skim milk for the last 10 years, you'd notice if you poured whole milk on it one morning by mistake, right? And if you poured heavy cream on instead of your routine skim milk?  Then you'd be in for a real rude awakening.

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Topics: Grade Information

The Most Effective Way To Dramatically Reduce Your Bulk Olive Oil Cost

Posted by Hannah Broaddus

The Most Effective Way To Dramatically Reduce Your Bulk Olive Oil CostIf you need to meet a particular price point on your bulk oil ingredients that may seem unreachably low, you do have a few options.  You can reach your price goals, but you'll have to make some choices, and prioritize what's most important to you.

This discussion is especially pertinant for manufacturers who are trying to reach a particular target customer (which means you'll need to keep your own product within a particular price range) or if you're a co-packer that is packing for a brand that has specific price restrictions.

I worked with a customer in this situation a year ago.  They came to me wanting a "really low price for Extra Virgin Olive Oil".  It had to be Extra Virgin, and it had to be under $1.00 per pound.  Unfortunately, I explained to them, that's just not going to happen.  

So where do you go from there?  Here's theadvice I gave them, on the best ways to drastically reduce bulk oil costs, meet the customers' price goals and move forward with a strategic plan.  

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Topics: Saving Money, Advice For Manufacturers

8 Questions Every Manufacturer Needs To Ask Their Bulk Oil Supplier

Posted by Hannah Broaddus

8 Questions Every Manufacturer Needs To Ask Their Bulk Oil SupplierIf you're on the search for a new bulk oil supplier, there's some basic questions that you'll need to ask.  These inquiries will be your basic introduction, but will actually build your foundation for years of a good working relationship.  

The answers to these questions will be a vital part of choosing who you want to work with, how you're going to partner together and if they're going to be able to take care of you in times of need.

In fact, these questions are so important that if you're already buying bulk oil from a supplier and you forgot to to ask a few of these questions, you'll probably want to go back and ask anyways.

This will help you be fully prepared to partner together-- the more you know now, the better.  

Here's everything you should be asking your suppliers (whether you've worked with them for years or not).

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Topics: Advice For Manufacturers, Advice For Small Businesses

Olive Oil Commodity Market Update 2014/2015 Harvest

Posted by Hannah Broaddus

A Brief Summary

Olive Oil Commodity Market Update 2014/2015 HarvestOlive oil prices have steadily increased in Spain over the last 4 months. Initially, the slight increases were regarded as normal; prices often go up just before the harvest season as world supply is at it’s lowest. However, prices continued to rise when a 50% drop in production was confirmed for the next harvest season due to drought in Spain.

Production in Tunisia, Greece and Italy is all expected to increase this next season. However, prices are still predicted to be higher than last year because Spain is the overall price driver for the market.  

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Topics: Harvest/Commodity Market

The Most Important Questions To Ask Before Signing A Bulk Oil Contract

Posted by Hannah Broaddus

The Most Important Questions To Ask Before Signing A Bulk Oil ContractWant to lock in a contracted rate for for your bulk oil ingredients?  As a purchaser buying raw ingredients for a manufacturing company, this can be a very smart thing to do.  

Signing a price contract can give your company stability on your cost of ingredients, and allow you to stategically plan your budget.  In addition, it can provide you with a bit of cushion if the commodity market unexpectedly goes south.

But, if you lock in your rates at the wrong time, you'll be required to pay more than the market price for oils.  It takes a firm understanding of the market and good help from your suppliers to lock in pricing at the right time.

So in the debate of whether to sign a supply contract or not, the definitive answer is yes, go for it-- but only at the right time.  When is it the right time?

You'll need to ask the right questions and the answer will emerge naturally after that.

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Topics: Advice For Manufacturers, Prices, Harvest/Commodity Market

7 Tools, Tips & Apps For Purchasers To Have More Productive Work Day

Posted by Hannah Broaddus

7 Tools, Tips & Apps For Purchasers To Have More Productive Work DayEveryone has days where they didn't feel like they got enough done.  I completely understand that feeling.

You answer your emails, have a quick meeting, answer some calls, place a few orders, and suddenly-- it's the end of the day.  How did that happen?  And you've still got a long list left to complete!

Well, I've come up with my own personal favorite list of all the productivity helpers that I actually use on a daily basis.  Here are 7 of the best tools, tips and apps to keep you on track and checking things off your to-do list.

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Topics: Advice For Manufacturers

An Inside Look: Industry Truths From An Olive Oil Sales Person

Posted by Hannah Broaddus
An Inside Look: Industry Truths From An Olive Oil Sales Person
Tell the truth, tell the truth, tell the truth.
                                  - Sheryl Louise Moller

This quote struck me when I started reading Eat, Pray, Love a number of years ago.  I still hear it in the back of my concious.

Since I started working for Centra Foods and dove head first into the olive oil industry, I've heard it a lot, replaying in my head.  It's the real reason why I give such candid advice, and why, at the end of the day, I just want to point you in the right direction, teach you something, and answer your questions sincerely.

Many of you know me, you read the blogs that I write, but you still may not have an inside look at the olive oil industry-- the world that I live in day in and day out.  

I'd like to invite you inside now; it's a complex, interesting world in here.

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Topics: Industry Trends

4 Things You CAN Do To Lower Your Bulk Oil Prices If The Market Is High

Posted by Hannah Broaddus

4 Things You CAN Do To Lower Your Bulk Oil Prices If The Market Is HighUnfortunately, the commodity market for your bulk food ingredients often just is what it is, and it's completely out of your control.

Most people would agree that at the end of the day, there's only so much a purchasing manager do can do to lower your ingredient costs-- which includes bulk oils.  You just have to go with the flow, they say, even though it could be slashing your profit margin, or possibly even sinking your business.  

Well, we don't agree.  We think you'll just have to get creative when it comes to how you're buying.

It's true, there's nothing that you can do about the prices mandated by the commodity market.  But you can make lots of little other changes that can makem that all factor into your total price. These add up to big savings. 

Here are the best 4 ways we know of to begin lowering your bulk oil ingredient costs.  Even better?  You don't have to wait for the commodity market to be high-- you can start saving money right now.

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Topics: Saving Money

What Is The "Spot Market" For Bulk Oil Ingredients?

Posted by Hannah Broaddus

What Is The "Spot Market" For Bulk Oil Ingredients?Sometimes, you will hear of commodity purchases being made on the "spot market". This term has to do with the commodity market itself, and will relate to the pricing that you receive.

If you haven't dealt much with bulk oil commodities, this term can seem foreign. We will explain, so that you can make smart purchases and understand exactly the pricing that you're getting.

Ever wonder why spot prices are often more expensive than contracted rates?  There's a good reason, and we'll discuss that too.

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Topics: Harvest/Commodity Market