Master Brewers Podcast Episode 305: COGS
10 snips
Apr 8, 2024 Teddy Gowan discusses implementing a unit economic process for brewery transformation by analyzing costs for flagship beer. Topics include optimizing brewing processes, reducing costs, and empowering brewers through data-driven decision-making.
AI Snips
Chapters
Transcript
Episode notes
The Turning Point
- Teddy Gowen, VP of Brewing at Society Brewing, initially didn't know his flagship beer's cost.
- This lack of knowledge prompted a transformative unit economic analysis.
Consistent COGS Tracking
- Define a consistent method for calculating COGS, even if accountants offer varying approaches.
- Track COGS regularly to observe trends and make informed decisions.
Accountants and Brewers
- Accountants, like brewers, have different approaches to their work.
- Building a strong accountant-brewer relationship is crucial for clear communication and understanding.
