Buyer Spend and Procurement Strategies of UK Foodservice Industry

The UK Foodservice Industry Outlook to 2010: Buyer Spend and Procurement Strategies and the Impact of Recession

“UK Foodservice Industry Outlook to 2010” is a new report analyzes how profit and cost foodservice operator and caterer companies spend, procurement strategies & practices and business are being affected by the recession. In an uncertain economic climate this report gives you access to the category-level spending outlooks, buyer budgets, supplier selection criteria, business challenges and investment opportunities of leading purchase decision makers. The report also identifies buyers and suppliers future growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels. ( http://www.bharatbook.com/Market-Research-Reports/UK-Foodservice-Industry-Outlook-to-2010-Buyer-Spend-and-Procurement-Strategies-and-the-Impact-of-Recession.html )

Scope

– The opinions and forward looking statements of over 300 industry executives have been captured in our in-depth survey, of which over 90% represent Owner or C-level, Directorial & Managerial respondents
– This report covers data and analysis on buyer spend, procurement and industry developments by foodservice owners, operators, caterers, wholesalers and suppliers across the UK
– The report examines current practices and provides future expectations over the next 12-24 months
– The research is based on primary survey research conducted in association with ICD Research accessing its B2B panels comprised of senior purchase decision makers and leading supplier organizations
– Key topics covered include buyer spend activity, procurement behaviors & strategies and how these have been affected by the recession, threats & opportunities for the foodservice industry, economic outlook and business confidence.
– In the report buyers identify what suppliers need to do to maintain their business and the key actions being taken by industry players to overcome the leading business threats
– The report provides qualitative analysis of the key industry threats and opportunities and contains full survey results
– The geographical scope of the research is UK-wide – drawing on the activity and expectations of leading industry players across the UK

Highlights

– In a positive statement for the UK foodservice industry 56% of foodservice owners/operators expect to increase their procurement spending over the next 12 months
– 29% of industry buyers are seeking to engage in partnerships to optimize working capital and reduce costs – closer cooperation between suppliers and buyers is being sought during this time of market uncertainty
– Only 9% of industry buyers do not regularly evaluate suppliers to ensure they meet high ethical and environmental standards

Reasons to buy

– Drive revenues by understanding future product investment areas and growth regions by leading industry players
– Formulate effective sales & marketing strategies by identifying how buyer budgets are changing and where spend will be directed to in the future
– Better promote your business by aligning your capabilities and business practices with your customer’s changing needs during these times of market uncertainty
– Secure stronger customer relationships by understanding the leading business concerns and changing strategies of buyers in the foodservice industry
– Effectively plan your business strategies
– Predict how the industry will grow, consolidate and where it will stagnate
– Uncover the business outlook, key challenges and opportunities identified by suppliers and buyers in the industry

To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/Market-Research-Reports/UK-Foodservice-Industry-Outlook-to-2010-Buyer-Spend-and-Procurement-Strategies-and-the-Impact-of-Recession.html

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