Why you must complete a vendor services audit in 2023 on your hospitality business!As 2023 gets going at full speed, it’s important to take stock of your business operations and identify areas for improvement. One key area that many restaurant and café owners overlook is vendor services. Conducting a vendor services audit in 2023 can help you save money, improve efficiency, and ensure that your establishment is running at its best.

A vendor services audit is a thorough examination of the products and services that your restaurant or café relies on. This can include everything from food suppliers to cleaning companies, and even technology providers. By taking a closer look at these vendors and their practices, you can identify any issues or inefficiencies that may be costing you money or holding you back from achieving your goals.

One of the main benefits of conducting a vendor services audit is the opportunity to negotiate better terms with your vendors. By understanding your costs and the market rates for similar services, you can negotiate more favorable prices or terms that will help you save money in the long run. Additionally, a vendor services audit can help you identify vendors who may not be meeting your expectations in terms of quality or reliability, allowing you to make more informed decisions about who you want to do business with.

Another benefit of a vendor services audit is that it can help you identify areas where you can improve your own operations. For example, you may discover that your restaurant or café is paying more for a particular service than it should be, or that you’re not getting the most out of your current vendors. By identifying these areas for improvement, you can take steps to streamline your operations and make your establishment more efficient.

If you’re looking to improve your restaurant or café’s operations in 2023, then a vendor services audit is a must. Not sure where to start or how to get this done with the limited time you have – contact our experts at Pinnacle Consulting!

We can help you save money, improve efficiency, and ensure that your business has the best partners and suppliers!

We have over 20 years experience and the connections in Vancouver to save you money!