Buying food ingredients and catering services is a challenging area of procurement. Constantly fluctuating commodity prices act as a barrier to transparency. Without the right information, it’s hard to know when you are getting value for money from suppliers or to negotiate the best deal with contract caterers.
Food procurement is often complex and time consuming – for any one product there may be between five to ten alternative wholesalers with a difference price for each product within their delivery. Additionally at any one time there may be between five to 20% of costs of goods mispriced on the invoice to either the negotiated pricelist or the market price. Where catering and facility services are provided on site, staff are better focusing their energies on delivering quality meals and excellence in services. Dealing with administrative headaches can be a major distraction.
Catering and facility departments benefit from a broader, industry-wide perspective when evaluating their procurement strategy by introducing tailored nutrition and sustainable practices. The same applies if they need to review their supplier base and identify where to make changes. The Industry, supply chains and commodity pricing changes all the time – being able to benchmark business processes against best practice can lead to substantial savings in time and money.
PARTNERS IN PURCHASING helps you to solve the problems and make the most of the opportunities. As leading procurement consultants in the catering industry, we have independent relationships with over 1000 food manufacturers, wholesalers and suppliers. Our market intelligence ensures you get the best price; our experience takes the pain out of the purchasing process.
Over 20 years we have delivered typical savings in the range of 15-30% for clients in a wide variety of sectors, such as financial services, manufacturing, the hospitality industry, leisure, education and healthcare. That adds up to over £50m.
We advise you whether your catering department or contract caterer is providing value for money. Whether in the form of a one-off benchmarking exercise, a periodic audit or rolling programme, our review enables you to negotiate from a position of strength.
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A unique service enabling organisations to dispense with the administrative burden and cost of purchasing ingredients and ancillary services. We pay all the suppliers on your behalf – all you receive is a single monthly invoice. Our reports highlight the savings you are achieving, month on month.
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We provide an independent assessment of your supplier base and guidance on how it might be re-shaped to generate improved results. We are happy to work with the suppliers you prefer and respect the value of existing relationships.
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To find out how PARTNERS IN PURCHASING could help you to reduce your catering spend, improve productivity and ease your financial accounting burden, get in touch.