Buying Groups Food Drink Purchasing
RegencyPurchasing.co.uk
Buying groups are a great way for small and medium sized businesses to increase their buying power. By purchasing as part of a larger group, the individual can take advantage of the purchasing group's overall buying spend to get better prices.
Significant cost savings can be identified, as the buying group will have negotiated preferential prices from suppliers based on the volume of business done by the whole group. As a small business you can suddenly start buying as if you're a big business.
This obviously has a direct benefit on your profit margins, which the case studies on the Regency Purchasing website highlight very well. The buying group is able to save pubs and hotels a typical £25,000 to £50,000 pounds annually on their purchases.
The Regency Purchasing group members combined purchase some £50M of goods per year, and the buying group has agreements with suppliers across all major sectors including food and drink, sundries and equipment, utilities and waste management.
The Regency buying group offers a host of benefits that not all buying groups of its size would. Individual support with a dedicated account manager, no contracts or obligations to buy and direct supplier relationships are some of the many advantages.
For those in the catering trade, owners of hotels, restaurants and bars, Regency buying group offers a particularly good network of suppliers both local and national in the sector. A simple menbership enquiry form is the next step for such business owners.
The Regency buying group website is clearly presented and the benefits to businesses are transparent. The case studies and testimonials of existing members are compelling, and with buying groups becoming more popular than ever it's probably time to take a look and see what you could save.
Website Review by
- Steph Howarth
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