Benchmarking

Debenhams Food Services

Debenhams' experienced buying team knew they were purchasing at competitive prices from their key food supplier, but as prices were re-negotiated regularly they wanted to use an external company to compare their pricing against other caterers to assist in keeping pace with constant market movements.

They turned to Prestige Purchasing and our specialist data analysis team led by Jess Woodward. Combining their first class data management skills with a deep knowledge of the catering market, they were able to swiftly comb Prestige’s considerable database of live pricing information to give Debenhams feedback on a line by line basis, with a simple but intelligent commentary to support their negotiations. Jess and her team were able to do this with the absolute minimum of effort from the client, and at a cost that was more than recovered within the subsequent supplier meetings. After all, knowledge is power.

Find out more about benchmarking.