HFU · 2026 Cohort
← All Modules · Module 07 of 12
The LeversSelf-Guided · 48 minApplied Exercise InsidePar · COGS · Turns

Everything that walks through the building has a cost.

F&B cost. Beverage cost. Linen. Amenities. Cleaning chemicals. Stationery. Each is a small leak. Together they are the second largest controllable on the P&L. This module is about closing the leaks.

§ 01

The procurement stack — more than food and beverage.

Procurement in hospitality is usually thought of as F&B's job, but the procurement spend is much broader: F&B COGS, room amenities, cleaning supplies, linen and laundry, paper and stationery, engineering supplies, IT consumables, marketing collateral, uniforms, replacement FF&E. Together these can represent 12–18% of total revenue at a full-service hotel — a number large enough to matter and small enough to be ignored.

The discipline of procurement is not about driving suppliers down on price. That's negotiation. Procurement is about buying the right thing, in the right quantity, at the right cadence, from the right supplier. Those four words — thing, quantity, cadence, supplier — describe four separate decisions, each of which has its own logic.

Most procurement leaks happen because one of these four was decided wrong. Buying premium when standard would do. Buying in bulk what spoils. Buying weekly what should be daily. Buying from a sole supplier without a competitive check.

§ 02

F&B cost control: where cents compound into margin.

Food cost % and beverage cost % are the most-watched procurement numbers in hospitality. They are also the most-misunderstood. A 1-point move in food cost is a 1-point move in F&B margin. At a $3M F&B operation, that's $30,000 a year. The numbers are small individually, large in aggregate, and always moving.

Food Cost · 28–35%

What it should be

The benchmark range for most full-service F&B. Banquets often run lower (lower-cost proteins, scale). Fine dining can run higher (premium ingredients). Casual outlets in the middle.

Beverage Cost · 22–28%

Where wine sits

Wine pours typically 22–30%. Spirits 18–24%. Beer 22–28%. Soft drinks 12–18%. Track by category — a blended beverage % can hide problems.

Recipe Costing

The unit economics

Every menu item should have a costed recipe. Selling a $32 dish with $11 of food in it = 34% food cost on that item. Menu engineering uses these numbers to redesign the menu around contribution margin.

Inventory Turns · 24–36/yr

How fast goods move

F&B inventory typically turns 2–3 times per month. Slower turns mean cash tied up and risk of spoilage. Faster can mean understocking. The right number depends on outlet type and supply reliability.

§ 03

Par levels: the simplest tool that few use well.

A par level is a target inventory quantity for each item. Min par is the floor — below this, you risk running out. Max par is the ceiling — above this, you're tying up cash and inviting spoilage. Set par correctly and ordering becomes mechanical: at each ordering cycle, count what you have and order back up to par.

Pars work for everything: dry goods, fresh produce, wines, linens, amenities, paper, cleaning chemicals. The discipline is reviewing pars every quarter against actual usage, not once a year against assumptions. A par level set during peak season and never revisited becomes a source of overstocking during shoulder periods.

The other discipline pars require: they only work if someone actually counts. Inventory counts done weekly are the backbone of cost control. Inventory counts skipped because the team is busy are the leading cause of unexplained F&B cost variance.

§ 04

Supplier strategy: consolidation, RFPs, and the case for tension.

The choice of how many suppliers to use, and how to manage the relationship with each, is one of the most consequential procurement decisions a property makes. Three approaches in tension:

Approach 01

Single-supplier consolidation

One main vendor for a category (food, beverage, supplies). Best volume pricing, simplest ordering, deepest service. Risk: dependency and price creep over time.

Approach 02

Two-supplier split

Primary + secondary, with the split forcing the primary to compete. Less volume leverage but built-in price tension. Standard practice in most full-service.

Approach 03

RFP-driven rebid

Annual or biennial competitive bid across multiple suppliers. Maximum tension on price, significant management effort, risk of relationship damage with incumbents. Best used selectively on the largest categories.

Approach 04

Group purchasing

Joining a hospitality buying group (Avendra, BirchStreet, Foodbuy and similar). Outsources the RFP process to a specialist with massive scale. Increasingly common for branded properties.

"Loyalty to suppliers is admirable. Loyalty to price is the procurement officer's actual job.
§ 05

Shrinkage, theft, and the variances no one wants to investigate.

In every F&B operation, some portion of food and beverage disappears without producing revenue. Some is spoilage. Some is staff meals. Some is comps and overpours. And some is theft. The job is to know which is which.

Loss 01

Over-portioning & over-pouring

By far the largest legitimate source of shrinkage. A bartender pouring 1.75 oz instead of 1.5 is a 16% beverage cost increase invisible to anyone but the inventory count.

Loss 02

Comps not logged

Manager comps and guest-recovery drinks that never enter the POS produce "missing" inventory that looks identical to theft.

Loss 03

Receiving errors

Goods invoiced and paid for but never delivered, or delivered short and never adjusted. Receiving discipline at the back door is the single highest-leverage procurement control.

Loss 04

Spoilage from over-ordering

Disguises itself as cost-of-sales but is really a planning failure. Pars set correctly prevent most of this.

Loss 05

Actual theft

Real but smaller than most managers fear. Persistent unexplained variances in the 2–3% range warrant investigation; isolated spikes usually point to one of the four above.

§ 06 · Applied

Audit your own procurement.

This exercise has more discovery in it than calculation. Pull last quarter's invoices and inventory reports. Walk through the four steps.

§ 07 · Cohort

Bring these three questions to the live call.

Procurement is one of the most local disciplines in hospitality — what works in one market or under one brand standard may not work elsewhere. Compare notes.

  1. Q1

    What's the one procurement decision you'd most like to revisit?

    Usually there's one. A category that's been a single-supplier for too long. A par level set by someone who left two years ago. A receiving process that doesn't actually count.

  2. Q2

    Are you part of a buying group — and if so, do you actually use it for your largest categories?

    Many properties belong to a group on paper but procure outside it for the items that matter most. The reasons are usually worth examining.

  3. Q3

    What's your biggest unexplained variance, and what theory have you not yet tested?

    Process explanations are more common than theft. But if you've been telling yourself "process" for six months without a fix, theft becomes more plausible.

Manager's Reference Card · M07

Procurement & Buying Practices · Detach & Keep

Cost Benchmarks

  • Food cost · 28–35%Of food revenue
  • Beverage cost · 22–28%Blended; track by category
  • Wine · 22–30% · Spirits · 18–24%By beverage category
  • Beer · 22–28% · Soft · 12–18%By beverage category

Inventory Discipline

  • F&B turns · 24–36/yr2–3 times per month
  • Count weeklyMonthly is too rare to control
  • Review pars quarterlyAdjust for season and demand
  • Receiving disciplineCount at the back door, every time

Supplier Approaches

  • Single-supplierBest price, dependency risk
  • Two-supplier splitBuilt-in tension · standard
  • RFP rebidMax tension, max effort
  • Buying groupScale through specialist

Variance Diagnosis

  • SpoilagePars too high
  • Over-portioningTraining & tools
  • Receiving errorBack door process
  • Unlogged compsPOS discipline
  • TheftPersistent & unexplained