Foodbuy Creates an Approved Product List to Reduce Total SKUs by 54% While Increasing Rebates by 125%
This Member wanted to optimize their properties’ purchases to the Foodbuy program while also encompassing brand standards. This member has multiple hotel brands in its portfolio and wanted to ensure that recommendations would provide value as well as streamline purchases at the unit level.
Foodbuy reviewed total spend for the top three categories across all properties and identified optimal programs for each. In conjunction with the Management firm, Foodbuy created an Approved Product List (APL) to ensure brand standards were taken into account and purchases were streamlined to the most cost effective and value driving programs.
- Increase compliance
- 125% increase in VA
- 4 increase in ROR
- 54% SKU reduction
- Eggs SKUs reduced by 48%
- Bacon SKUs reduced by 58%
- Sausage SKUs reduced by 43%
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