There are many aspects that keep a restaurant running smoothly. One major facet to effectively managing a restaurant is ensuring the vendors you are doing business with are the best vendors for you and maintaining a good relationship with them. If you want to see success with your vendors, here are a few tips you want to keep in mind.
Do Your Research
Every restaurant is different, and therefore has different needs and priorities when it comes to choosing vendors. There are many options out there and you want to be sure you find the right one..
- Ask around other restaurants that you know and trust to see what insight they might have. The local community can be very beneficial and are usually willing to share what their experiences have been.
- Find reviews online to see what other people are saying. You can’t always trust one bad review, but if there are multiple bad reviews, you might want to dig deeper or move on to a different vendor.
Learn the Art of Negotiation
Negotiating is just part of the business, so you want to be sure to build good relationships with all of your vendors since you will see and interact with them on a regular basis. This is a good business practice and will come in handy when you need to question the quality of food being delivered or are inquiring about upcoming sales or discounts. The better the relationship you have built, the better your chances will be when it comes to negotiating.
Holding a quarterly business review is a great way to evaluate how things are going and gives you an opportunity to formally address any areas of concern. You can talk to your vendors to see if there is anything on your end that can be improved and let them know what you are loving about their services and also areas that could be improved. You want to stay informed on price changes and be in the know of any ordering issues so you are prepared to work those problems out and lessen the chance of it happening again.
Thanks to software and apps, you can effectively manage your data to help better manage your vendor relationships. You can take inventory straight from your phone, track price changes, evaluate data from past orders to see what supplies and food is most in demand and therefore order appropriately. This is a tremendous help when it comes to being precise, making educated orders, decreasing food waste and staying informed.
Working with vendors is an important part of running a restaurant. It takes some work to find the best fit for your restaurant, but can make other aspects of your business fall into place more easily.