Foodbuy rebrands hospitality and leisure division

Foodservice procurement provider Foodbuy has introduced Foodbuy Hospitality, a brand offering procurement services specifically designed for hospitality, leisure and entertainment industry organizations.

The new brand encompasses the expertise of 500+ supply chain professionals, robust reporting technologies, business intelligence tools and hundreds of supplier and distributor programs to meet all the procurement needs of its members, according to the company.

Providing a full-service solution in the marketplace, Foodbuy Hospitality leverages $25+ billion in purchasing volume and provides access to a wide array of broadline, local and regional and non-food programs at discounted prices. Its expansive and all-encompassing portfolio of procurement solutions includes operational consulting, culinary optimization, marketplace and pantry offerings, and facilities and maintenance services, among other member benefits.

“This is an extremely exciting time for our entire organization, and I am thrilled to be able to take our proven services and best-in-class support to the next level,” said Jennifer Tegeler, CEO, Foodbuy Hospitality. “With Foodbuy Hospitality, members will be able to tap into our full suite of contracted purchasing programs, services and leading technology solutions to execute their procurement strategies with very high confidence every step of the way.”

The brand’s ability to act as a complete procurement solution is rooted in its advanced analytical tools, the company reports. Two key components include MPower by Foodbuy, which helps members identify unique savings opportunities to maximize the value of their procurement spend; and OneSource, Foodbuy Hospitality’s automated procure-to-pay eProcurement platform that ensures all member locations can order easily and efficiently to maximize their savings and earned rebates. To date, Foodbuy Hospitality has successfully onboarded and welcomed more than 16,000 unique member locations.

“Now more than ever before, we offer solutions to cover the entire footprint of a hospitality operation,” she said. “With our unique combination of flexible programs, financial transparency, on-demand procurement expertise and culinary and operational solutions, we can meet all our members’ purchasing needs in the hospitality and leisure segments, no matter where they stand today in their procurement journey.”