To Buy or say ‘Bye'?
Hotel Business Review|January - February 2020
Purchase department in any organization is important as, being the centre of successful supply chain management; it helps in improving your business. The top objectives of the department in the hotels, as in any other business are selecting a mix of suppliers who can provide the best prices and terms, reduce risk and ensure the security of supply, improve quality, pursue innovation, etc. The purchase department in the hotel industry has to deal with a wide spectrum of activities to ensure that the organization attains – and maintains – profitability. Ashok Malkani tries to evaluate the on how it deals with various objectives and the problems that it faces.
Ashok Malkani
To Buy or say ‘Bye'?

Procurement process in a hotel is a complex function. The procurement or purchase department of a hotel plays a significant role in seamlessly running a successful and profitable business. A purchase manager has the responsibility of discovering sources for materials, contract negotiations, and payment terms. In hotel industry the purchase managers are intrinsically connected to the success of the business at nearly every level. In hospitality, procurement occupies a place of singular importance as it helps in not only supplying the organization efficiently but also producing value through optimal quality of goods. In this new digital age traditional hotels have to compete aggressively with new style accommodation, like AirBnB and similar services, fighting to cut costs without sacrificing quality or user experience.

Padmakumar K, Purchase Manager, The Leela Palace, Chennai, declares, “In any industry including Hospitality, procurement process is pivotal. In Hotel industry optimum procurement is the key for effective and desired output with minimal investment which certainly has its impact on company’s earnings. Procurement process has become more relevant today as there are multiple options available and careful evaluation has to be done to ensure that you get the best product at competitive price.

Bernad Fernandes, Procurement Manager, Sofitel Mumbai BKC too is of a similar view. He adds, “The purchase department acts as the mediator between the hotel and its vendors. Therefore, it is important for the department to coordinate efficiently between the two so that we can optimally use our resources keeping in mind our budgets and aim for maximum profitability of the organization. At the same time, we avoid any compromise on quality because we, at Sofitel Mumbai BKC, believe that quality is non-negotiable.

Denne historien er fra January - February 2020-utgaven av Hotel Business Review.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January - February 2020-utgaven av Hotel Business Review.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA HOTEL BUSINESS REVIEWSe alt
"Leadership is not a License to do Less, it is a Responsibility to do More"
Hotel Business Review

"Leadership is not a License to do Less, it is a Responsibility to do More"

Amit Kumar Sharma is a seasoned hotelier with a career spanning 23 years. A graduate from IHM Lucknow, he began his career with Grand Hyatt, Delhi as a pre-opening team member from where he developed deep interest into the fast-paced career of Food & Beverage operations & management.

time-read
3 mins  |
July - August 2024
Fortunes Hotels Opens New Properties
Hotel Business Review

Fortunes Hotels Opens New Properties

The group announced the launch of Fortune Beach Resort ECR Chennai. Situated in the bustling, breezy East Coast Road (ECR), the upscale resort set against the serene backdrop of the majestic sea connects the cultural richness of Chennai with the picturesque landscapes of Puducherry, Mahabalipuram, and beyond.

time-read
2 mins  |
July - August 2024
Small Luxury Hotels Partner with The MRS Group Of Hotels
Hotel Business Review

Small Luxury Hotels Partner with The MRS Group Of Hotels

Small Luxury Hotels of the World (SLH) announced its expansion into the Indian subcontinent through a strategic partnership with The MRS Group of Hotels.

time-read
1 min  |
July - August 2024
IHE 2024
Hotel Business Review

IHE 2024

Concludes With Setting Higher Goals

time-read
2 mins  |
July - August 2024
Housekeeping in Hotel Public Spaces
Hotel Business Review

Housekeeping in Hotel Public Spaces

The work of the housekeeping department of any hotel or motel is the most unseen, but the most needed in many ways.

time-read
5 mins  |
July - August 2024
Redefining The Art Of Luxury Hospitality
Hotel Business Review

Redefining The Art Of Luxury Hospitality

Sheraton Grand Bengaluru Whitefield Hotel Convention Center

time-read
4 mins  |
July - August 2024
Training & Retaining Workforce for Hotel's Success
Hotel Business Review

Training & Retaining Workforce for Hotel's Success

Success of a hotel depends on the manpower. Staff, from the receptionist, who is the first step of the guest towards his hospitality during the stay, to the attendant who handles his luggage during his departure, help in the guest being attracted by the property and compelling him to stay at the same hotel on his future trips to the destination. The employees, it may be said, are the backbone or the mainstay for a hotel's success.

time-read
10+ mins  |
July - August 2024
Weddings: Increasing Hotel Revenue
Hotel Business Review

Weddings: Increasing Hotel Revenue

The trend of wedding ceremonies and receptions being conducted in hotels has been increasing over the years. The eat, drink and be married” now has a tag attached to it, which is in hotels”. The result is that not only destination weddings but wedding, in general, are contributing to the hotel’s revenue in a great measure. The saying Marriages are made in heaven” now has an attached segment But expenses are borne onearth”. Hotels and resorts have been proving an attractive venue as compared to the other sites, like halls, for people of all categories. Ashok Malkani takes a look at the facilities and other plus points offered by hotels.

time-read
10+ mins  |
July - August 2024
Heritage Hotels Heirlooms of Indian Tourism
Hotel Business Review

Heritage Hotels Heirlooms of Indian Tourism

A trip to the past in the modern world has a timeless appeal for travellers who are keen to immerse themselves in the cultural history of the destination by staying at a historic hotel itself.

time-read
10+ mins  |
July - August 2024
A Tranquil Paradise! Radisson Hotel Jass Khajuraho
Hotel Business Review

A Tranquil Paradise! Radisson Hotel Jass Khajuraho

Sprawling in six acres in the midst of the vast open countryside with gentle undulating landscape and clean, fresh unpolluted air, Radisson Hotel Jass Khajuraho is a perfect union of classic design with subtle elegance.

time-read
3 mins  |
March-April 2024