NEWS & EVENTS > ARTICLES > YOU HAVE THE RIGHT TO AUDIT FOODSERVICE DISTRIBUTORS
Are you managing your distributor program audits or are they managing you? If you’d like to take better control over your price-compliance processes, then it may be time to look at an external audit service.
An entirely new type of audit service is being offered by consulting firms with experienced procurement and distribution executives. They are returning comprehensive audit results to emerging and established foodservice organization along valuable cost-reduction recommendations.
In addition to validating your distributors compliance with contracts, price-changes, and delivery fee schedules, these professionals will benchmark your prices against their existing national database of leading foodservice organizations. This price comparison information is provided as part of the routine audit findings.
Endorsed by Tom Campbell of Wray Advisory Group (W.A.G.), stating:
" the new foodservice audit process, as conducted by SPS and others, is focused on interactivity with foodservice clients, especially during the post-audit review. This adds value (to the process) and automatically links the chain or group to the best avaiable costing base."
The modern external auditor enhances the standard audit by consulting with restaurant and hotel clients about discovered savings opportunities within their current system. They also advise on how to improve spend management programs.
If you will allow industry knowledeable auditors to conduct an annual warehouse audit, the results will validate your program, and you can use the information to upgrade the accuracy and effectiveness of your internal audits.
To Higher Profits!
Fred Favole is Founder & President of Strategic Purchasing Services (SPS), a firm specializing the purchasing outsourcing, commodity managment, risk assessments and distribution program warehouse audits. His contact information: Phone: 912.634.0030, E-mail: Favole@Gate.Net, www.strategicpurchasingservices.com
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