Buying specialist Lynx Purchasing is opening the book on its decades of negotiating experience with the launch of a new insight guide – The Seven Habits of Highly Effective Purchasing Teams.
As hospitality and catering businesses gear up to tackle the twin challenges of continuing inflation and subdued consumer spending during 2018, the White Paper-style guide is free for operators to download from the Lynx Purchasing website.
The guide details seven proven ways that operators can make simple improvements to their purchasing, to generate substantial savings that can mean the difference between staying profitable or going under in a challenging market.
Rachel Dobson, managing director of Lynx Purchasing, said, “Between us, the Lynx team has decades of buying experience on both sides of the fence – most of us had operational roles before moving into purchasing.
“We’ve seen our Seven Habits work in practice many times. However, there are plenty of chefs and GMs out there who haven’t experienced a market as tough as this in their career so far, so we’ve brought the information together in a simple-to-use guide.”
The Seven Habits of Highly Effective Purchasing Teams identified by Lynx are:
The insight guide focuses on each Habit in detail, and illustrates them with real examples of savings generated by Lynx Purchasing customers. These include a boutique hotel that saved £6,000 annually simply by switching the brand of chocolate used in the kitchen, and an independent restaurant that cut its annual food bill by 14% by using different suppliers for fresh and commodity items.
Dobson adds, “The Seven Habits of Highly Effective Purchasing Teams guide is a wake-up call for operators to review costs and take purchasing more seriously. It’s also an opportunity to get rid of bad purchasing habits and replace them with good ones – the kind that will maintain margins, or even increase them, however the economy is impacting on the business. Something as simple as specifying exactly how steaks are trimmed can save a substantial sum across the year.”
A copy of The Seven Habits of Highly Effective Purchasing Teams can be downloaded FREE from the Lynx Purchasing website at www.lynxpurchasing.co.uk/seven-habits-highly-effective-purchasing-teams/
Lynx Purchasing works with more than 2,000 hospitality and catering operators to match them with the best suppliers and get the best possible prices on food and drink, as well as a whole range of essential products and services. Lynx’s buying experts help operators buy better and save time and money, year after year.