Purchasing Solutions provides four different customized solutions designed to manage our clients Food Service business more efficiently.
Negotiation and Contracting Solutions
Analytical and Consulting Solutions
Auditing Solutions
Accounting Solutions
Clients can choose the solution or solutions that best meet their needs. We implement a customized approach because one size does not fit all.
Simply stated, Purchasing Solutions acts as a Food Service “Purchasing Director” for each of our clients to provide lower invoice pricing, increased revenue in the form of allowances/rebates, and control risk.
Negotiating and Contracting Solutions
back to top
Purchasing Solutions works with manufacturers and distributors to provide the following services for our clients by designing and managing a comprehensive program to reduce costs, increase profits, and insure compliance:
Distributor Relationships
- Master Distributor Agreements
- Guaranteed Contract/Invoice Price Protection
- Private Label Allowances/Rebates
- Volume Incentive Programs
- Drop Size Discounts
- Prompt Pay Discounts/Extend Terms
- Monthly Distributor Pricing Audits and Reconciliation
- Product Evaluations
- Control Risk
Manufacturer Relationships
- Manufacturer Allowances/Rebates
- Product Specific Contract Pricing
- Growth Incentive Allowances/Rebates
- Promotional Allowances/Rebates
- Marketing/Merchandising Incentives
- Facilitate Product Recalls by Identification of Products Purchased by Location
- Risk Management
- Product Evaluations
- Control Risk
- Training and Educational Programs
- Menu Planning
- Other Customized Programs Designed to Meet Clients' Needs
Continuous Improvement Program
- Ongoing Analysis of Purchasing Data to Leverage Additional Cost Savings
- Constant Review and Renegotiation of:
- Private Label Allowances/Rebates
- Drop Size Discounts
- Promotional Allowances/Rebates
- Consolidation/Standardization
- Product Evaluations
- Market Intelligence for Controlling Risk:
- Forward Buys
- Quality Assurance
- Product Availability/Service
Analytical and Consulting Solutions
back to top
Purchasing Solutions specialized proprietary information systems tie the suppliers together electronically to optimize your supply chain, decrease costs, and increase profitability by providing the following advantages:
Reporting Services
- Client Specific Customized Reporting
- Data Collection by Manufacturer, Distributor, Product Segment, Usage, etc.
- Comprehensive Reporting by Location with Product Level Detail
- Statistical and Analytical Reporting to Monitor Compliance, Standardization, and Pricing
- Identification of Manufacturer to Private Label Products
Consulting and Management Services
- Trained Professionals Identify and Resolve:
- Quality Issues
- Service Issues
- Compliance/Standardization Issues
- Consolidation Opportunities
- Cost Saving Opportunities
- Substitution Opportunities
- Supply Chain Optimization
Auditing Solutions
back to top
Purchasing Solutions continuously monitors all negotiated programs on a monthly basis for:
- Distributor and Manufacturer Pricing Compliance
- Pricing Accuracy/Discrepancies
- Invoicing for Over Charges
- Compliance to Authorized Programs
- Product Substitutions
- Allowances/Rebates
- Drop Size Compliance
- Adherence to Client Product Specifications
- Identification of Additional Consolidation Opportunities
- Supply Chain Optimization
Accounting Solutions
back to top
Purchasing Solutions proprietary information systems track all invoice pricing discrepancies and allowances/rebates. Additionally, we are able to identify all distributor private label products and link them back directly to the manufacturers. This provides our clients the most comprehensive detailed reporting in the industry.
Because of the administrative burden and our expertise, Purchasing Solutions manages the accounting functions for all allowances/rebates on behalf of our clients:
-
Invoicing
-
Collecting
-
Reconciling
-
Earnings Statement
-
Transferring of Funds
|
