Litmus’ Clarity service has helped hundreds of Senior Executives and Board Members understand how the cost of their food procurement compares to others in their sectors.
The service is becoming more and more popular as businesses seek to challenge and mitigate food and beverage price increases.
Our service isn’t a benchmark from an organisation setting out to win your procurement business. Routinely, such organsiations will tell you your basket of goods can be purchased for less through their agreements – and that’s not what we do.
Our service provides executive decisions makers with insight they can use to ask the right questions of their procurement team or their third-party procurement organisation and something against which they can measure the cost or savings of their decisions and choices made over time.
Here at Litmus, we collect millions of food procurement prices every month from all types of settings across Education, Care, B&I, Leisure, Hotels and Public Sector. This data provides strategic and tactical insight to our clients, letting them see how their costs compared to an anonymised list of others in their sector, detailing the category, basket of goods, product level and how these compare against the market average.
What’s better is all the data is presented in a personalised interactive web dashboard, that is easy to understand and digest.
This arms clients with sound knowledge so their procurement teams can actively challenge price increases and negotiate from a far stronger position than they were in previously.
Our Clarity service can help organisations tackle all manner of pricing issues including if pricing has risen without adequate explanation, or if your service provider is not proactively supporting you and therefore not earning their management fee.
Given the turbulence of the past couple of years, and resulting increased inflation, food prices and operational costs, Clarity gives organisations peace of mind that they have done their due diligence when it comes to streamlining costs as efficiently as possible.
To learn more about our Litmus Clarity service please contact howardallen@litmuspartnership.co.uk
The Litmus Team