ArrowStream, a foodservice supply chain technology company, announced the arrival and availability of its Strategic Sourcing solution for restaurant operators. The new tool creates a standardized and repeatable sourcing process within the procurement operation for the foodservice industry.
Strategic Sourcing expands ArrowStream’s integrated technology platform by connecting new sourcing capabilities with existing spend analysis, commodity intelligence and contract management tools. The result is an end-to-end process that focuses buyers on high-value sourcing opportunities while minimizing the administrative work needed to run sourcing events.
“Strategic Sourcing is the culmination of years of feedback and dialog with our customers and their suppliers. The result has been significant adoption across customers representing dozens of chain restaurant concepts,” said Jeff Dorr, chief customer officer at ArrowStream.
A major component of ArrowStream’s Strategic Sourcing solution is the Supplier Discovery capability. Supplier Discovery connects restaurant buyers directly to a curated, foodservice industry specific database of over 6,000 suppliers. Each listed supplier has validated experience providing products to chain restaurant operators. Buyers or culinary staff at restaurant chains can easily filter by their needs through advanced search capabilities.
Other key features of Strategic Sourcing include a Sourcing Planner, Spend Analytics, Commodity Market Intelligence, Sourcing Event Manager and a Scenario Analysis Tool.
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