Relaunched GP Calculator App helps operators cost their menus 

As cost pressures on operators continue, buying specialist Lynx Purchasing has launched an updated version of its GP Calculator App.

Gross Profit, or GP, is the essential calculation which tells operators the menu price they need to charge for a dish, based on the ingredient costs. 

The Lynx Purchasing GP Calculator App, launched in 2013, features all the original features, but with faster functionality. It enables operators to manage their menu costs using one of three calculations:

●        By keying in the cost of ingredients and target percentage GP, users are given the correct price to charge on the menu;

●        Entering the menu price and required margin gives the target cost price for ingredients;

●        Keying in the cost of ingredients and selling price of a dish gives a readout of the gross profit being made.

Rachel Dobson, managing director of Lynx Purchasing, said: “Ours was the first GP App launched for the UK market, and we now often speak to new customers who tell us they know our company name because they were advised to download the App when they started college!

“However, time and technology never stand still, and a decade on the “back office” of the App needed a complete rebuild in order to comply with the latest requirements of the App platforms.”  

The revamped App also gives users direct access to the Lynx Purchasing Market Forecast, as well as special reports and news from Lynx’s buying specialists. Published four times a year, the Market Forecast combines official inflation and pricing data with insight from a range of specialist hospitality food and drink suppliers.

The GP Calculator App is free to download from the Apple and Google Play stores. Anyone using the original App should receive an update notification when they open it on their phone or tablet.