M3 FOOD SERVICE SYSTEM MODEL Flashcards
the process of buying goods or services. It is transactional and focuses on getting the right products at the best
price.
PURCHASING
encompasses the entire process of acquiring goods and services, including identifying needs, sourcing suppliers, negotiating contracts, and managing relationships.
PROCUREMENT
Foodservice System Model consists of four 4 key steps:
- PURCHASING
- RECEIVING
- STORAGE
- INVENTORY CONTROL
Purchasing involves the selection and acquisition of food, equipment, and other materials needed for foodservice operations.
PURCHASING
The primary goal is to buy products of the right quality and quantity at the best possible price.
PURCHASING
Purchasing too much leads to spoilage and waste, while under-purchasing may result in _______________ and customer dissatisfaction________________________
shortages & customer dissatisfaction
2 METHODS OF PURCHASING
- INFORMAL OR OPEN-MARKET BUYING
- FORMAL COMPETITIVE BID BUYING
- It is a commonly used method of buying, specially in smaller foodservice operations.
- It involves ordering needed food and supplies from a selected lists of vendors based on daily, weekly, or monthly price quotations.
- The buyer and vendor must agree on quantities and prices before delivery
INFORMAL OR OPEN-MARKET BUYING
- Written specifications and estimated quantities needed are submitted to vendors with an invitation for them to quote prices within the stated time.
- The request for bid can be quite formal and advertised in the newspaper and copies can printed and widely
distributed . - Bids are opened on a designated date, and the contract generally is awarded to the vendors that offers the best price and meets products and service specifications.
FORMAL COMPETITIVE BID BUYING
- is the process of inspecting and accepting deliveries.
- The goal is to ensure that the products received match the purchase order in terms of quantity, quality, and
price.
RECEIVING
- proper placement of items to maintain their quality and safety.
- Proper ______- ensures that perishable and non- perishable items are kept in optimal conditions to avoid spoilage, contamination, or waste.
STORAGE
- is the process of tracking and managing stock levels to avoid overstocking or running out of critical items.
Inventory control
It ensures that the foodservice operation has the necessary items on hand while minimizing waste and loss.
INVENTORY CONTROL