Price Watch

PriceWatch

PriceWatch is a very important tool of the food stocktaking process. It focuses solely on what the kitchen is paying for its products and compares them with like for like products that can be purchased from another supplier at a cheaper price.

It's as simple as that

The whole food wholesale space is very competitive and crowded. All these companies want your business but what are they prepared to do to get it.

Why you need PriceWatch

  • PriceWatch will keep a close eye on cost prices from several different food companies and will inform you when better cost prices are available in the market.
  • PriceWatch will inform you when cost prices have changed in your current price file. All too often food suppliers don’t engage will customers when their cost prices increase.
  • PriceWatch carry out price comparisons every week on behalf of customers.
  • PriceWatch will also contact your current food suppliers where there is clear evidence that they are selling the same products at cheaper price elsewhere. (We will only do this with the permission of the customer).
  • PriceWatch will scan all your delivery dockets each month and record any changes that may affect your purchasing.
    1. Changes in cost prices.
    2. Cost prices have returned to “book price” because they haven’t been ordered for a number on months. Please remember a book price can sometimes be a multiple of what the normal price should be
    3. The supplier has delivered the wrong product at a more expensive rate.
    4. The weights on the delivery invoice are incorrect.
    5. The delivery docket isn’t signed.
  • PriceWatch is an informed source. It provides clear and uncomplicated information that benefits food businesses and margins. With the recent Vat increase from 9% to 13.5%, margins are very important.
  • PriceWatch also could calculate if the customer is entitled to a supplier rebate.

The Process

We save you money. Our food stock taking services will help your business to become more efficient and save you money by analysing the wastage in your food business.

Benefits

Our food stock taker will from time to time provide additional information with regards to the condition and presentation of the kitchen. This information can reveal hidden problems associated with HACCP

Food Stock Taker

We create and provide an extensive amount of reports that include cost price analysis, purchases reports, stock report, sales mix and an overall food stock take summary report.

Contact Us

If you feel like your business could benefit from our food stock taking services then please get in touch today by phone, email or by clicking the button below. We would be happy to discuss how we could help your business save money and become more efficient.