Author Archives: Wax Digital



4 Ways Technology Can Enhance Food and Beverage Buying

As chefs try to meet growing consuming expectations, sourcing the wider range of ingredients and products they need quickly, reliably and at the best price, they face the challenge of their internal buying processes. For most, the process of food and beverage buying hasn’t really changed since the advent of email, adding to the phone and fax as ways to get those orders placed. It’s time consuming, inefficient and lacks the spend visibility and control that catering and hospitality businesses want to see. This is where modern technology can help. Here are four ways modern purchasing systems can enhance the food and beverage buying experience.

The Perfect Storm for NHS Procurement

As one of the top five largest employers in the world and an average annual expenditure of £130 billion, the National Health Service (NHS) and how it spends its budget is a widely debated topic. Moreover, harsh restrictions on the public purse mean that healthcare procurement professionals are tasked with providing the best value for every pound spent while still protecting the quality of frontline care. And while we often see pressure on resources and cost of care making the media headlines, procurement professionals in this sector face a host of other challenges too.

Purchase-to-Pay System Implementation: The Good, the Bad and the Ugly

tech

Rising costs and lack of control over purchasing activities are just two of the key reasons that drive many businesses to implement professional procurement for the first time. Of course, a purchase-to-pay (P2P) solution has clear benefits to any organization — we’re talking about controlled spending, reduced maverick spend and improved, automated processes. So, why not? Yet we often only see the benefits and forget to evaluate the impact. So, before you start jumping right onto the P2P bandwagon, have a look at this quick guide, which takes you through the good, the bad and the ugly of implementing a P2P system so you can understand what steps you need to put in place before and during the project to ensure success.