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PSL makes a return to the ‘Sunday Times Best Small 100 Companies to work for’

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The hospitality industry’s leading partner for maximising food profitability has been once again been acknowledged as being one of the ‘Sunday Times Best Small 100 companies to work for’. This is the fifth time PSL have been within the top 100 positions within the past seven years.

This infamous list is a measurement and acknowledgement of excellence within the work place. The Sunday Times Best Small Companies list is compiled on an annual basis, via thousands of applicants across a large section of UK industries. The responses from these surveys are collated and combined to produce an overall engagement score for each organisation. Only the organisations with the highest level of overall employee engagement qualify for the 100 Best Small Companies to Work for list in 2017. The top 100 companies are then invited to the Battersea Evolution, where they are presented with the position on the night.

Established in 1993, PSL have an operational team of more than 60, equating to over 1,000 years of experience within the hospitality industry. Their success has been based on forming lasting relationships with their clients, as well as more than 150 accredited suppliers who help to ensure they continually supply the highest quality standards of food whilst controlling costs and increasing profits and margin. Their clients, suppliers and staff members are the three key partners which form one formidable team, whereby success only occurs when all three stakeholders benefit.

PSL understand that without their staff members, they don’t have a profitable business model. That is why they encourage the wellbeing of their staff with company days, welfare allowance and even training allowances.

“PSL’s ongoing success is solely down to its people. The engagement our employees have with one another and with our clients and our suppliers, is inspiring. As a result, PSL is committed to continually review our employee engagement levels in order that we remain a good employer and a fun and friendly place to work.” – Daniel Wilson, Managing Director

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Crates of Pears & Apples at Farmers market.

Food Inflation Challenge For 2017

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Over the past 2 years the UK benefitted from food deflation. That has come to an abrupt end since the Brexit vote, with the drop in the value of Sterling leading to some significant pressure on the price of food. This is forecast to continue into 2017 with many analysts predicting the Pound will not recover to its pre Brexit levels in the short to medium term.  As a result, it is estimated that food inflation levels will be between 5-7% in 2017.

 

PSL’S team are on hand to help your business mitigate the impact of food inflation

WHAT ACTION SHOULD BE TAKEN?

Many businesses would have either written or being in the process of confirming budgets for next year without fully forecasting the impact of food inflation. PSL is well placed to help businesses through our purchasing expertise and ability to deliver better than market prices and our operational expertise where we have a proven track record in supporting businesses in helping them mitigate the impact of inflation and helping to maintain and improve food profitability.

The PSL approach is as much about innovation as it is about cost control and supplier management. With the current economic climate and global uncertainty it is important to take a fresh look at all food costs and ingredients to ensure that your business is best placed and best prepared for sustained increases.

Call our team today on 01926 315111

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An exciting new chapter in PSL’s history begins

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Sodexo strengthens purchasing power with acquisition of PSL, leading procurement provider to the UK Hospitality Industry

Paris, October 17, 2016 – Sodexo, world leader in Quality of Life services, announced today the acquisition of procurement specialist PSL.

Established in 1993, PSL has become a leader in fresh food procurement in the UK with its integrated approach of procurement, operations and systems support. This acquisition will reinforce Sodexo’s proposition to deliver market-leading food cost management solutions to its clients including real-time e-platforms to facilitate efficient procurement and operational support to maximise food savings, ranging from menu engineering to waste management. Moreover, thanks to Sodexo’s geographic coverage and diverse client base, PSL will develop its business across Europe and capitalise on new product line opportunities, as well as expand its client base beyond the hospitality sector.

The move, which echoes Sodexo’s successful US-based GPO (Group Purchasing Organisation) Entegra, further cements the Group’s long-term strategy of harnessing business intelligence to identify additional opportunities for value creation for its clients.

Michel Landel, Sodexo Chief Executive Officer, said: “With PSL’s market-recognised data solutions and supplier network, we will expand our service offer with new ways to create value for our clients, and extend PSL’s business into new geographies and new sectors.”

Daniel Wilson, Managing Director of PSL, said of the acquisition: “I and the management team of PSL are delighted to be joining Sodexo, a global leader in the services industry, which will bring fantastic opportunities not only for both businesses but also for our employees, clients and suppliers.”

About Sodexo

Founded in 1966 by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Operating in 80 countries, Sodexo serves 75 million consumers each day through its unique combination of On-site Services, Benefits and Rewards Services and Personal and Home Services. Through its more than 100 services, Sodexo provides clients an integrated offering developed over nearly 50 years of experience: from food services, reception, safety, maintenance and cleaning, to facilities and equipment management; from Meal Pass, Gift Pass and Mobility Pass benefits for employees to in-home assistance and concierge services. Sodexo’s success and performance are founded on its independence, its sustainable business and financial model and its ability to continuously develop and to engage the commitment of its 420,000 employees throughout the world. Sodexo is a member of the CAC 40 and DJSI Indices.

Key figures (as of August 31, 2015):

19.8 billion euro in consolidated revenues
420,000 employees
19th largest employer worldwide
80 countries
32,000 sites
75 million consumers served daily
15 billion euro market capitalization (as of July 7, 2016)

Media Contacts

• Simon Numphud, Director of Sales, PSL : Email: [email protected] Mobile: 07917 596322

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St Andrew’s Catering Service has scooped yet another outstanding win

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St Andrew’s Catering Service has scooped yet another outstanding win at the 2016 Foodservice CATEYS Awards where they secured the Healthcare Caterer of the Year category, sponsored by Zenith Hygiene Group.

Announced on Saturday at the Park Plaza Bridge in London, it was the charity’s second catering accolade in a week after also being shortlisted in the Carlsberg UK Northamptonshire Food & Drink Awards 2016/17 on Thursday, 13 October.
Head of Restaurants and Catering, Gareth Waters, said it was a great pleasure to be able to share news of this significant win with his team made up of over 100 highly talented catering staff.

“Known as the ‘Oscars of the catering industry’ and judged by more than 100 experts in the industry, it is fair to say that this award is a very significant and special achievement for the team here at St Andrew’s.”

“The hard work and dedication of this team is outstanding and can be credited for putting St Andrew’s catering at the top of our profession.”

St Andrew’s Chief Operating Officer, Warren Irving, also congratulated the team saying: “Once again we see fantastic work from Gareth and the team, well done on this achievement. You work incredibly hard every day and deserve to be recognised.”