Running a hotel operation requires industry knowledge and expertise. As a Source1 member, you get access to exclusive savings opportunities, cutting-edge procurement technology and partnerships with popular brands that your operation uses every day.

These days, hospitality procurement departments are often short staffed and lack the visibility into purchasing success factors such as pricing, distribution contracts, commodity benchmarks and leveraged buying.

At Source1, we deliver purchasing visibility and thousands of ways to save on products and services including food, disposables, linens, maintenance supplies, and more.

Here are three of the core benefits of becoming a Source1 member to help you drive profitability with ease:

Access to Exclusive Rebates

Did you know the items you purchase everyday could be eligible for a CashBack rebate? Do you have the time to check each of those items for a rebate? Do you have time to claim those rebates and follow-up on those rebates? By partnering with Source1, you get access to over 350 manufacturers and 165,000+ line items.

Unlock instant savings by tapping into the power of Source1’s portfolio of rebate and deviation contracts. With no mandates and no minimums, Source1 aligns your current products and helps maximize your savings and purchasing value.

Cutting-Edge Technology

With the industry experiencing a labor shortage, operators are scrambling to find a way to automate as much of their operation as they can – especially in the purchasing process. With a hotel to run and a staff to manage, its hard to find the time to make sense of all your purchasing costs and know where your money is coming and going. What’s costing you money and what’s making you money?

From purchasing analytics, product optimization, inventory management, and contract utilization, you can trust technology to do the work in half the time. AI-driven procurement software can help you control purchasing costs, identify savings opportunities, and make sure you are getting the most value out of your contracts.

Source1 data and technology solutions provide you with visibility into your purchasing analytics, inventory management, and contract utilization so you can save time and make more efficient business decisions.

Cost Control and Sourcing for OS&E Procurement

OS&E typically includes things like administrative services, hotel amenities, linens, facilities, and maintenance services. Even your hotel restaurants and bars utilize OS&E such as supplies to cook with, serve with, and store food in. These day-to-day products and services can come at a high price.

When you partner with industry experts such as Source1, you expand your supplier pool and the task of procuring the items and services you need goes from hours to minutes. As a Source1 member, you can identify new partnerships with popular brands that offer OS&E solutions such as HD Supply, OTIS, Sherwin Williams, and Grainger.

At Source1, we partner with a trusted network of suppliers to bring you aggressive OS&E contracts, specialty luxury agreements and the best pricing on top quality products and services. We find you reduced pricing on OS&E items and services you’re already purchasing, customized supplier programs and ensure delivery of products that meet your specifications.

Maximize your rebates and savings, gain visibility into your purchasing, and expand your supplier pool of partnerships by becoming a Source1 member today for FREE!

Learn how Dennis Mullins, Purchasing Manager from Wilderness at the Smokies, singlehandedly oversees purchasing of all the resort’s products. Dennis:

• discovered that he could gain even more value from the vendors he was already working with.
• consolidated his purchases for his food and beverage, housekeeping, retail and maintenance departments.
• enjoys having greater control over his inventory and the number of vendors he is using.
• increased his Program Utilization Rate from 28% to 62% (the higher the Utilization Rate, the higher the potential program savings).
• saved $27,000 with national pricing from Source1 Purchasing and earned $7,500 in rebates in six-months.

Learn more.

 

 

 

 

 

 

 

 

 

 

 

 

 

Learn how Dennis Mullins, Purchasing Manager from Wilderness at the Smokies, singlehandedly oversees purchasing of all the resort’s products. Dennis:

• discovered that he could gain even more value from the vendors he was already working with.
• consolidated his purchases for his food and beverage, housekeeping, retail and maintenance departments.
• enjoys having greater control over his inventory and the number of vendors he is using.
• increased his Program Utilization Rate from 28% to 62% (the higher the Utilization Rate, the higher the potential program savings).
• saved $27,000 with national pricing from Source1 Purchasing and earned $7,500 in rebates in six-months.

 

 

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With new restaurants, more menu choices for in-room dining, high-end buffets, new gaming table snacks, and an array of specialty dishes, casino operators must be smart about food and beverage purchasing. Many casino operators are opting to work with partners such as Source1 Purchasing to help them lower food costs.

For casino operators, now’s the time to attract millennials with expanded food and beverage offerings, appeal to this health-conscious group with fresh, eco-friendly menu options, gain market share and increase your profits from this growing chunk of the workforce.

To achieve reliable performance, many restaurant owners and chefs have discovered the power of working with a partner such as Source1 Purchasing. With our purchasing solution and online marketplace, all your locations can access a centralized purchasing platform, so the same standard of high-quality ingredients can be used system-wide.

Choosing the right suppliers that match the flavor of your business and continuously evaluating their performance can be time-consuming, but the rewards can be very sweet. Here are some areas for hotel owners, chefs and food & beverage managers to contemplate when choosing suppliers.

For a franchisor or a management company, affiliating with a Purchasing Services Organization (PSO) provides an effective solution to many of these challenges. A PSO allows you to set up the systems and processes needed to take advantage of bulk purchasing across locations.

Becoming a partner with a Purchasing Services Organization (PSO) allows hospitality professionals to access and reap the potential rewards of industry-wide purchasing data, which is more robust and meaningful than what they had in the past.