Buying specialist Lynx Purchasing has launched an online savings calculator for hospitality and catering operators to calculate potential savings across essential products and services.
Potential savings start at £5,620 on an annual purchasing spend of £50,000, rising to a £112,400 saving on an annual budget of £1m, based on a basket of a range of goods and services regularly bought by operators.
Located on the Lynx Purchasing website, the calculator is free to use. By selecting the annual purchasing spend of the business, the potential savings that can be made through Lynx Purchasing's buying partnerships are shown.
It makes its calculations based on the average percentage savings Lynx achieves for its customers.
Lynx Purchasing works with more than 2,200 hospitality and catering operators to match them with suppliers and get the best possible prices on food and drink.
Rachel Dobson, managing director of Lynx Purchasing, said: "Every business is different, but these are real savings that we have achieved for our customers. In some cases, we can recommend suppliers who will deliver even bigger savings, depending on the needs of a particular business.
"Most importantly, our service is entirely free to the operator; there's no fee, no contract and no obligation to buy from a particular supplier. The online savings calculator is a simple, graphic way to introduce potential customers to the benefits of working with a buying specialist."
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