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With rising inflation and operating costs, winery owners are looking for ways to manage the bottom line without raising prices. Written by Jeanette Tan | Photo by Pexels With rising inflation and operating costs, winery owners are looking for ways to manage the bottom line without raising prices. Let’s focus on the rising winemaking costs; I am not suggesting that winemakers allow the bean-counters to make winemaking decisions. However, I am suggesting that winemakers need to be aware of the financial impact of various decisions that they make in the cellar. For example, I told two different winemakers that their yields decreased significantly compared to the previous year. One winemaker said “hmm, I might have concentrated the wine a bit too much.” The following year, both changed something on the crush pad so that the yield was higher. The wine? Just as delicious. In our wine costing process, we identify four main components of the cost o
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