The hidden costs of your Goods Not For Resale spend
With the focus on Front of House performance which drives your numbers, it’s easy to forget about the importance of a Back of House strategy for your consumables. If your current processes result in Back of House “looking after itself” it can create significant cost vulnerabilities.
Without proper oversight, opportunities for efficiencies and ultimately savings disappear. Ineffective management of store consumables silently undermines your Front of House success, impacting the customer experience your teams work hard to perfect.
By identifying these hidden costs, you can create alignment from the front door to back door, ensuring that cost efficiencies support rather than undermine your customer experience goals.
Are you feeling the financial pain of...
• No effective means of budget setting • Maverick spending • Stockpiling and over ordering • Return costs for non approved products • Increased transaction costs • Time hungry procurement processes
The everyday GNFR consumables that keep your business operational can add up to 25% of your running costs with every traditional transaction costing up to £50 in resource and time.
Seemingly minor expenses are compounded across locations and time, significantly eroding margins despite the individual small values.
Get closer to your numbers - track all your spend
Getting the right tools in place can reveal the hidden cost of every transaction, even across multiple locations.
