Combat Market Volatility Through Procurement
💸 Hospitality operators face procurement challenges due to supply disruptions, cost fluctuations, and labor shortages. Consolidating procurement nationally offers benefits such as savings, standardization, and real-time spending insights. Strong supplier relationships and regular data reviews enhance agility and decision-making. Group Purchasing Organizations (GPOs) provide diverse supplier networks, better negotiating power, and real-time updates, helping businesses adapt swiftly. This strategic approach ensures consistency and stability, safeguarding against market volatility. Sponsored by Foodbuy Hospitality.
Share