Caterer Searcys has appointed consultants Prestige Purchasing to undertake a review of all its procurement activities, following recent reports that food inflation will hit 4.2% by year-end.
The aim of the review is to mitigate overall purchasing costs without affecting quality. Prestige Purchasing will examine the complete supply chain in a bid to find value efficiencies that exceed costs associated with food inflation.
Searcys chief executive Doug Tetley commented: "Quality means everything to us. But with food and drink prices constantly on the rise, we need to look at ways to offset these increases.
"Rather than taking a ‘slash and burn' approach to squeezing suppliers and affecting the quality of what we produce, we would rather look within our own business.
"By identifying changes to the supply chain with Prestige Purchasing, we can create valuable efficiencies while maintaining the high standards that Searcys stands for."