Expert Advice on Hospitality Topics

Establishing Effective Purchasing & Receiving Strategies

Posted by Nick Kaoukis on Wed, Feb, 09, 2011 @ 15:02 PM
By Elizabeth Godsmark
Atlantic Publishing

Part 6 of 7: Purchasing Specifications and Set Standards

inventory standardsAs a purchasing manager, it is important to set standards. Decide up front exactly what types of drinks you need to purchase and the conditions under which you will place an order. These are your purchase specifications.

  • Consult fellow members of staff. Their input is important. Of course you want them on your side, but oftentimes, it is they who know best what will sell (and what won't!).
  • Purchase specifications must reflect the image of your establishment. Consider your target audience, the standards it demands and the price it is prepared to pay.
  • Keep a written copy. It represents your establish­ment's overall purchasing standards and rules. It doesn't have to be a lengthy document; a few bulleted points will do.
  • Purchase specifications should focus on the following areas: quality, quantity, consistency, reliability of vendors and availability of merchandise.
  • Document your purchase specifications to vendors. Vendors need to be reminded of the standards you expect from them. Specs are also useful in the event of a dispute.
  • Back up your purchase specification document with an additional product information list. Tabulate the information in chart format. Include information such as brand, country of origin, alcohol content (where applicable) and, in the case of wines, year and vintage. Use it to jog your memory when writing out purchase orders or placing orders by phone. This type of handy list can also help you spot "substitutes" when you receive the goods!

Topics: profit, controling costs, purchasing, inventory control