September 25, 2025

Iberly Abreu – Inside Turks and Caicos: How Resort Purchasing Really Works

In this episode, James Kennedy chats with Iberly Abreu, Purchasing Manager at South Bank (part of Grace Bay Resorts, Turks & Caicos). Iberly shares her path from FedEx and hotel operations to running purchasing for a luxury, guest-obsessed island resort. We dig into import-dependent supply chains, inventory discipline, and the realities of sourcing everything from linens to last-minute kosher items – plus how ProcurementExpress.com streamlines approvals, budgets, CapEx, and contingency spend in a fast-moving hospitality environment.
The Gross Profit Podcast
The Gross Profit Podcast
Iberly Abreu - Inside Turks and Caicos: How Resort Purchasing Really Works
Loading
/

Show Notes

James Kennedy chats with Iberly Abreu, Purchasing Manager at South Bank (part of Grace Bay Resorts, Turks & Caicos). Iberly shares her path from FedEx and hotel operations to running purchasing for a luxury, guest-obsessed island resort. We dig into import-dependent supply chains, inventory discipline, and the realities of sourcing everything from linens to last-minute kosher items – plus how ProcurementExpress.com streamlines approvals, budgets, CapEx, and contingency spend in a fast-moving hospitality environment.

About Iberly Abreu

Born in the Dominican Republic and raised in Turks & Caicos, Iberly started in hospitality in 2018 (reservations), joined Grace Bay Resorts in 2022 as a Purchasing Coordinator, and now leads purchasing at South Bank. A fun fact: in high school she was a cadet in the Turks & Caicos Police Corps – and played trumpet in the band.

What You’ll Learn

  • Island Supply Chains, Simplified: Managing imports (US/DR) and inventory to avoid stockouts across six properties.
  • From Guest Wishes to Purchase Orders: How bespoke, “handmade” Caribbean experiences shape procurement – right down to specialty dietary needs.
  • Spend Visibility that Actually Helps Ops: Real-time tracking, duplicate-prevention, and budget alignment without email ping-pong.
  • Contingency & CapEx Control: Fast approval paths for urgent buys and transparent tracking for big-ticket FF&E.
  • Team Adoption Without Training: Why ease-of-use matters in hospitality and how it drives compliance.

Episode Highlights

  • Every day is urgent in a resort – procurement has to keep pace with the guest experience.”
  • “With ProcurementExpress.com, you always know what’s spent—and how.”
  • “Inventory is protection on an island. Run it tight, or run out.
  • “Unique requests (like kosher) demand separate sourcing and handling – procurement makes that seamless.”
  • “Approvals aren’t email threads anymore – they’re two taps.”

More About Iberly’s Role

At South Bank (within the Grace Bay Resorts umbrella: Grace Bay Club, West Bay Club, Point Grace, Rock House, Private Villa Collection, and South Bank), Iberly oversees:

  • Sourcing & Vendor Management across Rooms and F&B
  • Inventory Management to mitigate import risk
  • Budget Stewardship with line-level visibility
  • CapEx Purchasing and tracking for long-term assets

Tools & Resources Mentioned

  • ProcurementExpress.com – approvals, budgets, real-time spend visibility, duplicate-prevention, contingency & CapEx tracking.
  • Grace Bay Resorts / South Bank – luxury, guest-tailored “handmade” Caribbean experiences on Grace Bay and beyond.

Bonus for Listeners

Curious how fractional CFOs and hospitality teams pair QuickBooks + ProcurementExpress.com to lock down approvals and budgets? Check the webinar and case study at procurementexpress.com/partners.

The Gross Profit Podcast

More Episodes

Merushka Chetty

Martin Mellor – The One Hire That Changes Everything

In this episode, James Kennedy sits down with fractional CFO Martin Mellor to unpack what it really looks like to shepherd a customer through a live M&A journey – straight from the trenches (Q2 2025). Martin shares how a managed service provider (MSP) can shift from “comfortable lifestyle business” to a serious exit opportunity, what buyers care about (EBITDA multiples, recurring revenue, and quality of earnings), and how CFO-grade clarity turns a fuzzy growth plan into a focused value-creation roadmap. Along the way, they dig into target-setting (including Martin’s memorable “6-3-3” framework), leading vs lagging indicators, and how to translate finance-speak into operational decisions that actually move enterprise value.

Listen Now »
Merushka Chetty

Austin Moffat – Fractional CFO Empire: AI Tools + Family Legacy

In this episode, James Kennedy sits down with Austin Moffat, founder of DSO CFO, to unpack how Austin built a thriving fractional CFO firm for dentistry – despite taking a non-traditional route (no CPA). Austin shares how high-level competitive soccer shaped his business IQ, how an early “trial by fire” accounting role accelerated his learning, and why the dental industry urgently needs simple, decision-ready financial clarity. They also dig into dental-specific KPIs, the rise of DSOs and private equity in dentistry, and the practical AI/tech stack Austin is using to run a modern accounting firm.

Listen Now »
Merushka Chetty

Wendy Laxton – Fund Accounting Explained: Why Grant Money Gets Spent Wrong

In this episode, James Kennedy sits down with Wendy Laxton, founder of Laxton CFO Services, to unpack the “modern” version of fund accounting – how nonprofits manage restricted vs. unrestricted funds, align grant requirements with real-world operations, and avoid credibility-killing misallocations. Wendy shares how the 2008 recession unexpectedly led her into fractional CFO work, why niching down to nonprofits was a defining move, and what she’s learned from guiding organizations through system complexity – from overbuilt ERPs to intentionally “resetting” in QuickBooks and rebuilding structure over time.

Listen Now »