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Lynx Purchasing GP App
The Lynx Purchasing GP Calculator App has become the first digital product to receive the Craft Guild of Chefs’ prestigious endorsement.
The GP App enables chefs, caterers and restaurant managers to monitor margins in busy kitchens or when negotiating with suppliers, using a smartphone or tablet. Craft Guild members working in pubs, restaurants and with catering students, put the App through its paces before the endorsement was awarded.
Developed by buying specialist Lynx Purchasing, the App has already been downloaded more than 7,500 times, and allows users to manage their menu costs using one of three calculations:
• By keying in the cost of ingredients and target percentage GP, users are given the correct price to charge on the menu.
• Entering the menu price and required margin gives the target cost price for ingredients.
• Keying in the cost of ingredients and selling price of a dish gives a read-out of the gross profit being made.
John Pinder, managing director of Lynx Purchasing, said: “The appeal of the App is that it recognises the commercial reality of creating dishes and menus in a busy restaurant, pub or hotel kitchen.
“Most operators work to a target GP, but there are also times when they offer dishes at a set price and need a target cost for the ingredients, or simply need to know what GP they are getting on a special that’s priced to sell. Having an easy GP calculator on a smartphone or tablet helps chefs to manage their costs in the working environment.”
Martin Bates, chief executive of the Craft Guild of Chefs, said: “The GP Calculator App marks the extension of our Product Endorsement Programme into the digital arena, and it’s clear from our testers’ comments that Lynx Purchasing has developed a very practical business tool for chefs.
“There’s lot of focus in the hospitality industry on consumer Apps that allow people to book tables, place orders etc. but it’s important to remember that professional chefs and front-of-house managers are also part of the digital revolution.”
Lynx Purchasing works with more than 2,000 businesses including hotels, pubs, restaurants, care homes and education providers. Lynx offers caterers access to the best prices in the market, with no fees or contracts. Lynx customers also benefit from detailed market insight, enabling them to plan menus more effectively. –
To download the free Lynx GP Calculator App, visit www.lynxpurchasing.co.uk/what-we-do/download-our-free-app-gp-calculator-app