It calculates the savings an operator can make across a wide range of services.
The potential savings start at £5,620 on an annual purchasing spend of £50,000, which can rise to a £112,400 saving on an annual budget of £1m, based on a basket of a range of goods and services regularly bought by operators.
Hospitality and catering operators can calculate the savings they can make across a wide range of essential products and services using the new Online Savings Calculator.
Located on the Lynx Purchasing website, operators can use the Savings Calculator with a mouse or a touchscreen. By sliding the calculator to the actual purchasing spend of the business, the potential annual savings that can be made through Lynx Purchasing's buying partnerships with a range of leading industry suppliers are shown.
The amount saved is based on a basket of everyday food and drink purchases, as well as products such as cleaning & hygiene and disposables, and services including utilities and telecoms.
Rachel Dobson, managing director of Lynx Purchasing, said, "Every business is different, but these are real savings that we have achieved for our customers. In some cases, we can recommend suppliers who will deliver even bigger savings, depending on the needs of a particular business.
"Most importantly, our service is entirely free to the operator; there's no fee, no contract and no obligation to buy from a particular supplier. The Online Savings Calculator is a simple, graphic way to introduce potential customers to the benefits of working with a buying specialist."
The Online Savings Calculator works on both desktop and mobile devices, and makes its calculations using savings achieved by Lynx Purchasing for a broad range of its hospitality and catering customers.
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