SlideShare ist ein Scribd-Unternehmen logo
1 von 1
Downloaden Sie, um offline zu lesen
Case Study
©Expense Reduction Analysts 2012
Established in 1714, this Three Century Old
Inn seeks to Validate Best Pricing Practices
Lowered food & merchant card costs improves Inn’s margins in highly
competitive industry
Project Information
Categories Total Project Savings
Food Service: $151,000 – 8.5%
Merchant Card Fees: $24,000 – 9.8%
“ERA’s process was painless. They performed
as originally stated. Their monthly audit
reports are timely and give me the confidence
that our pricing is the best in the industry”
Peter R. Friedrich, Owner
“Their reports allow me to track the monthly
prices for my main food products which are
highlighted with graphs”
Jeff Bell, Head Chef
Trimming the Fat
The William Penn Inn is the oldest continuously operating
restaurant/inn in the state of Pennsylvania. Around 1700,
Governor William Penn and his 22 year old daughter, Letitia,
spent time at the Inn after visiting the Quaker Church across
the street on their way to Philadelphia.
The owners’ success comes from a menu based on high
quality products. The objective was to maintain that quality
at the best industry pricing available.
They brought Food Service and Merchant Card Consultants
from Expense Reduction Analysts (ERA) to the table.
ERA: Advisors, Analysts and Advocates
ERA helps organizations improve profitability through cost,
purchase and supplier management. What makes ERA
different is a proven process and industry-specific knowledge
that drives savings and growth.
ERA Food Service experts thoroughly analyzed the client’s
purchases and prepared a “market basket” representing 80%
of their spend. This information was included in a detailed
Request for Proposal sent to broadline suppliers that allowed
like-for-like pricing comparisons in specific categories,
including dry grocery, meat/poultry, dairy refrigeration,
frozen and seafood.
With Merchant Card Fees, ERA was able to reduce pricing and
eliminate downgrades while remaining with their current
processors/POS provider.
As in every ERA project, Consultants seek the best value-for-
money offer to find the “best fit” for their clients.
Expense Reduction Analysts provide executives with
more time, money and opportunities so they can focus
their efforts to improve processes in other areas.

Weitere ähnliche Inhalte

Ähnlich wie Case Study_William Penn Inn

Food Service_Brochure
Food Service_BrochureFood Service_Brochure
Food Service_BrochureEd Flanagan
 
Mark Lyons Resume
Mark Lyons ResumeMark Lyons Resume
Mark Lyons ResumeMark Lyons
 
Landmark restaurants inc
Landmark restaurants incLandmark restaurants inc
Landmark restaurants incspidey17
 
Case 19 FreshDirectIs It Really FreshWith a bold promis.docx
Case 19 FreshDirectIs It Really FreshWith a bold promis.docxCase 19 FreshDirectIs It Really FreshWith a bold promis.docx
Case 19 FreshDirectIs It Really FreshWith a bold promis.docxtidwellveronique
 
Product, pricing and promotional strategies of Restaurants in Nueva Ecija: An...
Product, pricing and promotional strategies of Restaurants in Nueva Ecija: An...Product, pricing and promotional strategies of Restaurants in Nueva Ecija: An...
Product, pricing and promotional strategies of Restaurants in Nueva Ecija: An...IJAEMSJORNAL
 
Foodlink Corporate | Transform your premise into a Foodies' Paradise
Foodlink Corporate | Transform your premise into a Foodies' ParadiseFoodlink Corporate | Transform your premise into a Foodies' Paradise
Foodlink Corporate | Transform your premise into a Foodies' ParadiseFoodlink F&B Holdings India Pvt. Ltd
 
13 frl rising-food-costs
13 frl rising-food-costs13 frl rising-food-costs
13 frl rising-food-costsWarren Dietel
 
Resume_-newest oct 3 2016MP_edits[1]
Resume_-newest oct 3 2016MP_edits[1]Resume_-newest oct 3 2016MP_edits[1]
Resume_-newest oct 3 2016MP_edits[1]Anthony Norton
 
Food and Beverage control Assignment.docx
Food and Beverage control Assignment.docxFood and Beverage control Assignment.docx
Food and Beverage control Assignment.docxMasreshaA
 
13 catersource rising-food-costs
13 catersource rising-food-costs13 catersource rising-food-costs
13 catersource rising-food-costsWarren Dietel
 
0 Pricing Strategies
0 Pricing Strategies0 Pricing Strategies
0 Pricing StrategiesBecky Gilbert
 
2015 DFS3613 Topic 4 purchasing and inventory management
2015 DFS3613 Topic 4 purchasing and inventory management2015 DFS3613 Topic 4 purchasing and inventory management
2015 DFS3613 Topic 4 purchasing and inventory managementLaura Law
 
Content Jam 2014 - Susan Silver - Who Are You? 5 Keys to Positioning Your Bus...
Content Jam 2014 - Susan Silver - Who Are You? 5 Keys to Positioning Your Bus...Content Jam 2014 - Susan Silver - Who Are You? 5 Keys to Positioning Your Bus...
Content Jam 2014 - Susan Silver - Who Are You? 5 Keys to Positioning Your Bus...Orbit Media Studios
 

Ähnlich wie Case Study_William Penn Inn (20)

Food Service_Brochure
Food Service_BrochureFood Service_Brochure
Food Service_Brochure
 
chp-8.pptx
chp-8.pptxchp-8.pptx
chp-8.pptx
 
Mark Lyons Resume
Mark Lyons ResumeMark Lyons Resume
Mark Lyons Resume
 
Landmark restaurants inc
Landmark restaurants incLandmark restaurants inc
Landmark restaurants inc
 
Service is a Product
Service is a ProductService is a Product
Service is a Product
 
Case 19 FreshDirectIs It Really FreshWith a bold promis.docx
Case 19 FreshDirectIs It Really FreshWith a bold promis.docxCase 19 FreshDirectIs It Really FreshWith a bold promis.docx
Case 19 FreshDirectIs It Really FreshWith a bold promis.docx
 
Product, pricing and promotional strategies of Restaurants in Nueva Ecija: An...
Product, pricing and promotional strategies of Restaurants in Nueva Ecija: An...Product, pricing and promotional strategies of Restaurants in Nueva Ecija: An...
Product, pricing and promotional strategies of Restaurants in Nueva Ecija: An...
 
Foodlink Corporate | Transform your premise into a Foodies' Paradise
Foodlink Corporate | Transform your premise into a Foodies' ParadiseFoodlink Corporate | Transform your premise into a Foodies' Paradise
Foodlink Corporate | Transform your premise into a Foodies' Paradise
 
Resume 2016
Resume 2016Resume 2016
Resume 2016
 
internship hydroponic farming
 internship hydroponic farming  internship hydroponic farming
internship hydroponic farming
 
13 frl rising-food-costs
13 frl rising-food-costs13 frl rising-food-costs
13 frl rising-food-costs
 
Resume_-newest oct 3 2016MP_edits[1]
Resume_-newest oct 3 2016MP_edits[1]Resume_-newest oct 3 2016MP_edits[1]
Resume_-newest oct 3 2016MP_edits[1]
 
Food and Beverage control Assignment.docx
Food and Beverage control Assignment.docxFood and Beverage control Assignment.docx
Food and Beverage control Assignment.docx
 
2
22
2
 
13 catersource rising-food-costs
13 catersource rising-food-costs13 catersource rising-food-costs
13 catersource rising-food-costs
 
0 Pricing Strategies
0 Pricing Strategies0 Pricing Strategies
0 Pricing Strategies
 
PepsiCo.
PepsiCo.PepsiCo.
PepsiCo.
 
2015 DFS3613 Topic 4 purchasing and inventory management
2015 DFS3613 Topic 4 purchasing and inventory management2015 DFS3613 Topic 4 purchasing and inventory management
2015 DFS3613 Topic 4 purchasing and inventory management
 
A Health Bar
A Health BarA Health Bar
A Health Bar
 
Content Jam 2014 - Susan Silver - Who Are You? 5 Keys to Positioning Your Bus...
Content Jam 2014 - Susan Silver - Who Are You? 5 Keys to Positioning Your Bus...Content Jam 2014 - Susan Silver - Who Are You? 5 Keys to Positioning Your Bus...
Content Jam 2014 - Susan Silver - Who Are You? 5 Keys to Positioning Your Bus...
 

Case Study_William Penn Inn

  • 1. Case Study ©Expense Reduction Analysts 2012 Established in 1714, this Three Century Old Inn seeks to Validate Best Pricing Practices Lowered food & merchant card costs improves Inn’s margins in highly competitive industry Project Information Categories Total Project Savings Food Service: $151,000 – 8.5% Merchant Card Fees: $24,000 – 9.8% “ERA’s process was painless. They performed as originally stated. Their monthly audit reports are timely and give me the confidence that our pricing is the best in the industry” Peter R. Friedrich, Owner “Their reports allow me to track the monthly prices for my main food products which are highlighted with graphs” Jeff Bell, Head Chef Trimming the Fat The William Penn Inn is the oldest continuously operating restaurant/inn in the state of Pennsylvania. Around 1700, Governor William Penn and his 22 year old daughter, Letitia, spent time at the Inn after visiting the Quaker Church across the street on their way to Philadelphia. The owners’ success comes from a menu based on high quality products. The objective was to maintain that quality at the best industry pricing available. They brought Food Service and Merchant Card Consultants from Expense Reduction Analysts (ERA) to the table. ERA: Advisors, Analysts and Advocates ERA helps organizations improve profitability through cost, purchase and supplier management. What makes ERA different is a proven process and industry-specific knowledge that drives savings and growth. ERA Food Service experts thoroughly analyzed the client’s purchases and prepared a “market basket” representing 80% of their spend. This information was included in a detailed Request for Proposal sent to broadline suppliers that allowed like-for-like pricing comparisons in specific categories, including dry grocery, meat/poultry, dairy refrigeration, frozen and seafood. With Merchant Card Fees, ERA was able to reduce pricing and eliminate downgrades while remaining with their current processors/POS provider. As in every ERA project, Consultants seek the best value-for- money offer to find the “best fit” for their clients. Expense Reduction Analysts provide executives with more time, money and opportunities so they can focus their efforts to improve processes in other areas.