Key Metrics Every Foodservice Operator Should Track to Optimize Purchasing

Data Fluency Supports Smarter Procurement

What’s the difference between purchasing and procurement? Purchasing is buying what you need to run your business. Procurement is creating strategies to optimize purchasing at every level. The key to this optimization is data.

Access to and understanding of key data metrics like menu performance, contract compliance, rebate utilization, and market trends can take your buying process to the next level. The resulting savings can go back into your business to make you more successful than ever. That’s why Foodbuy Foodservice connects Members with the MPower Platform — a data analytics tool that makes managing purchasing easy.

Sales Data and Menu Performance

Can you name your top-selling dishes? What about your lowest performers? It’s important to keep track of which menu items sell well and poorly so that you can keep the right ingredients in stock in the right amounts. When you perfectly meet demand, you reduce waste and prevent outages.

How MPower Helps: MPower provides reporting that connects product purchases with menu performance, making it easier to forecast needs.

Supplier and Contract Compliance

If you manage multiple locations, you’re likely familiar with off-contract spend. When locations go rogue on key products, the entire organization loses money. Compound a few errant orders across a national chain of locations, and you might see your savings whittle away.

How MPower Helps: MPower dashboards flag when locations deviate from preferred SKUs so operators can course-correct.

Rebate and Incentive Utilization

Make the most of your group purchasing partnership by taking advantage of as many rebate and incentive opportunities as possible. Tracking the data on rebate-eligible purchases helps you save money on everything from ingredients to maintenance services.

How MPower Helps: The opportunity analysis widget tracks rebate-eligible purchases so operators don’t leave money on the table.

Market Levels for Commodities

It’s no secret that ingredient and supply costs can shift dramatically when markets change. It’s important to stay on top of these changes, especially for your top commodities. When you’re in sync with the market, you can make changes to benefit your bottom line.

How MPower Helps: Your MPower dashboard connects you directly with commodity resources such as the Member Advantage and Price Watch communications – exclusive to Member partners.

Drive Results With the Correct Data

The foodservice landscape is too competitive to rely on guesswork in purchasing. The operators who succeed are the ones who turn raw data into actionable insights that drive smarter decisions. From identifying menu winners and ensuring contract compliance to maximizing rebates and anticipating market shifts, data fluency transforms purchasing into procurement strategy.

With MPower by Foodbuy, you get more than reports. You gain a clear, customizable view of your spending, contract compliance, and savings opportunities. That’s the difference between just buying and truly optimizing. Ready to put your data to work? Join Foodbuy Foodservice today and unlock the full power of MPower to elevate your purchasing strategy.