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The Imperative for Spend Intelligence in Foodservice
Increasing competition — rising food costs — growing concerns over food safety — today's foodservice environment is full of challenges. At best, failing to address these issues dampens profitability; at worst, a failure to take action can lead to significant lost business. When the stakes are this high, the status quo is not an option. Foodservice operators must transform themselves into a "spend intelligent" organization, taking advantage of every opportunity available to control costs while continuing to grow their businesses and protect their brands.
Everyone agrees that actionable information — information about unit & system wide purchasing, contract & trading partner performance, marketing fund & rebate collections, quality controls & events, and customer behavior — is the key to addressing these challenges. In the foodservice industry, however, where complex business practices are often supported by manual processes in an environment that lacks any standards for communication among trading partners, "actionable information" can be hard to come by.
Instill provides foodservice operators with the spend intelligence needed to make better decisions — enabling them to reduce costs, grow revenue, and improve service quality. Our hosted solutions automate the collection and transformation of raw data from different parts of your organization and broader supply chain into meaningful information. This information can be used to fuel your existing systems or leveraged through our own powerful suite of foodservice specific applications, allowing you to better track, monitor, and manage key business processes.
Instill is the only technology company focused exclusively on the foodservice industry providing a proven, comprehensive set of spend intelligence solutions for foodservice operators. Don't take our word for it — talk to our customers. Market leading companies benefiting from Instill's solutions today include Hardee's, Applebee's International, International Dairy Queen, Taco Bell, Sodexho, SUBWAY® Restaurants, KFC, and Pizza Hut, to name a few.
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Spend Intelligence Solutions |
What It Means To You
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Instill Food Spend ManagementSM
Instill Foodspend Management allows you to reduce food costs by ensuring you recognize the full value of your negotiated contracts. The solution aggregates and standardizes purchase information across the distribution network, alerting purchasing professionals to price variances, order guide compliance, purchases eligible for rebate, and opportunities to consolidate SKU's and suppliers.
Instill Promotion ManagementSM
Instill Promotion Management enables you to maximize the profitability of limited time offers. By tracking and reporting inventory levels of promotional products across the entire distribution network, Instill Promotion Management allows you to eliminate costly stock-outs, overstocks and last minute product repositioning.
Instill ProcurementSM
Instill Procurement reduces the amount of time unit managers spend placing and monitoring the status of orders by automating the order to pay process, linking back of house applications directly to distributor fulfillment systems. The solution also enables corporate offices to lock down order guides and eliminate off-program buying, increase operator productivity, and direct more spend to negotiated programs.
Instill Quality & Compliance ManagementSM
Instill Quality & Compliance Management allows you to improve customer satisfaction, manage risk, and increase profitability by effectively capturing, routing, monitoring, measuring, correcting, and preventing quality and compliance issues across trading partners. By taking advantage of Instill's unified central repository of all quality and compliance related data, you can improve management of complaints, audit results, recall traceability, document control, and implement corrective and preventive actions (CAPA).
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