Searcys calls in Prestige for supply chain solutions

21 August 2013

☛ Want the latest procurement and supply chain news delivered straight to your inbox? Sign up for the Supply Management Daily

22 August 2013 | Adam Leach 

High-end caterer Searcys”Ž has brought in consultants Prestige Purchasing to review its supply chain and identify efficiencies to help it tackle food price inflation.

The company, which operates in venues including the Champagne Bar at St Pancras station in London, will work with the consultants in a number of areas directly related to the food it sells. Part of the project will analyse whether products should be made or bought, and it will also look at ingredients planning and rationalisation. 

Doug Tetley, CEO at Searcys, said: “Quality means everything to us. But with food and drink prices constantly on the rise, we need to look at ways to offset these increases. Rather than taking a ‘slash and burn’ approach to squeezing suppliers and affecting the quality of what we produce, we would rather look within our own business.”

Food prices have risen over recent years and current forecasts predict the upward pressure will continue, with inflation calculated to be 4.2 per cent over the course of this year. 

To mitigate this impact, the review will look for ways to improve how the company works with its suppliers and how it measures performance.

LATEST
JOBS
Swindon, Wiltshire
upto £40K base (+ Paid overtime and corporate benefits)
Honda Manufacturing Ltd
Kew gardens, Richmond upon Thames, London (Greater)
£37,000 - £42,500 per annum pro rata, depending on skills and experience
Kew Royal Botanic Gardens
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE