Put your hand in the air if you have been frustrated by supply chain issues. Go ahead, put it up! You are probably at home anyway.
Put your hand in the air if you have been frustrated by supply chain issues. Go ahead, put it up! You are probably at home anyway.
Whether you are involved in the supply chain professionally, or just living life in 2022, you’ve had issues with something being out of stock, or supply and demand causing inflation. We moved into a new home last summer. I finally got around to ordering a door for my office, so my wife doesn't have to listen to me all day. The door is “Made in America,” but the hardware comes from, you guessed it, China! So, we have a lengthy delay.
For those in the hospitality industry, you know about the challenges all to well. My friends working for distributors spend an exorbitant amount of time just finding products for customers (hotels, restaurant operators, healthcare customers, etc.)
In the good old, pre-covid, days while working for a distributor we expected our vendors (food manufacturers) to fill orders at a minimum level of 98.5%. Many hit the number, but many did not. With vendors that had continual issues, “talks” were necessary to understand the situation and get improved order fill. As the foodservice distributor, our standard to for delivery to our customers was 99%.
As a distributor, unfilled orders means dissatisfied customers, expensive hot shot shipments, and bottom line, it means lost business as the customer buys from a competitive distributor, cash & carry, Amazon, etc.
As we start to return to normal, orders will continue to be shorted for several months, especially for international products. As an operator, how do you ensure your orders will be filled?
The Reeco platform will help hospitality and restaurant operators solve many of the issues they face today and do it in less time. Once you place your order guide on Reeco, you will be able to track your inventory, place your order knowing the best price from competitive distributors and have high confidence your order will show up when scheduled!
One of the benefits for the hospitality industry partnering with Reeco is the Reeco system will look at all of your product needs, evaluate the best solution for YOUR business and ship from the distributor that brings YOU the most value. By partnering with Reeco, you have someone in your corner when shipments run late, if there is damaged product and other issues! Think about it. As an operator in the hospitality industry, you may receive product from multiple distributors, but you only have one invoice from Reeco! You really have to see it to believe how easy Reeco makes it for you to make great decisions every time.
Procurement may seem simple from the outside, but we know the struggles to create processes that work. Having an efficient procurement process changed the game for many companies.