- Food & Drink
- Food Procurement
Lynx Purchasing works with over 2,200 hospitality and catering operators to match them with the best suppliers and get the best possible prices on food and drink, as well as essential products and services. Lynx’s buying experts help operators buy better and save time and money, year after year.
Operators focused on winning their share of customer spend in the run-up to Christmas must start giving serious thought to the bigger challenge of trading through the first few months of 2018, warns buying specialist Lynx Purchasing
The newly published Autumn/Winter 2017 edition of the Lynx Purchasing Market Forecast offers little comfort to hospitality and catering businesses hoping for a let-up in food & drink inflation. The ‘Lynxometer’, a measure of inflation based on a basket of regularly purchased products, rose to 8% in September compared to 6% in the Summer Market Forecast.
Hospitality and catering buying specialist Lynx Purchasing has appointed two new Directors of Business Development as it continues to grow its customer base.
Jeroen Homan and Tim Wehrle join Lynx with the business experiencing unprecedented demand for its expertise, as operators across the sector deal with the effects of rising prices on margins and profits.
Hospitality and catering operators can calculate the savings they can make across a wide range of essential products and services using the new Online Savings Calculator launched by buying specialist Lynx Purchasing.
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.
Whatever the outcome of the General Election, the hospitality sector urgently needs a period of market stability to help operators deal with the impact of food and drink inflation, warns buying specialist Lynx Purchasing.
With the Summer 2017 edition of the Lynx Purchasing Market Forecast showing a slight decline in the rate at which prices are rising, Lynx managing director Rachel Dobson says: “Whoever is in Government after June 8, they will be getting down to almost two years of detailed Brexit negotiations.