Is Your Restaurant Vendor Relationship Strategic?

Gallup's findings show that constructive B2B partnerships can lead to higher customer engagement. And vendors can provide a tremendous amount of value that restaurant leaders too often leave untapped.

Build a More Strategic Partnership TodayGood vendors want to be partners. What's more, they possess the expertise and equipment to be better partners than they currently are. Begin by:

creating a joint business plan with your suppliers and vendors for your new ventures and growth plans  talking with your suppliers and vendors about your problems so they can offer solutions Then, gear all solutions toward profit margins and your customers.Increase Your Profit MarginContract negotiations aren't the only place profit margins can be controlled. A good partnership should be designed to increase margins everywhere.

Pay close attention to the interactions between humans, machines and tech, because that interface can siphon margins quickly. The best POS machine in the world, for example, won't…