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Lynx Purchasing to help operators save money with new guide

25 January 2018 by
Lynx Purchasing to help operators save money with new guide

Buying specialist Lynx Purchasing is helping operators to save money in its new guide on how to make improvements to their purchasing habits.

The Seven Habits of Highly Effective Purchasing Teams details seven means of improvement, with examples of those who have benefited from their advice. These include a boutique hotel that saved £6,000 annually by switching the brand of chocolate used in the kitchen and an independent restaurant that cut its annual food bill by 14% by switching its supplier of fresh and commodity items.

The Seven Habits of Highly Effective Purchasing Teams identified by Lynx are: beware the sacred cows; keep it strictly business; the devil's in the detail; all budgets are equal; provenance isn't always king; test traditions; and always review renewals.

The methods encourage operators to routinely monitor suppliers by checking for better and cheaper options, challenging automatic renewals and ensuring they have the right systems in place to make sure they are getting exactly what they pay for.

"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 can be downloaded here.

Lynx Purchasing works with over 2,000 hospitality and catering operators, matching them with suppliers to help them to save money.

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Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

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