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To truly affect the bottom line, leading hotels are examining every link in their supply chains to find the best ways to implement cost controls that offer long-term financial benefits without sacrificing the quality of the guest experience. Many hotel operators are surprised to learn that during the purchasing, receiving, and inventory management process, profits can erode despite their best efforts to negotiate the best price and control costs.
Why It's So Important to Automate
As a hotel owner or manager, everything in your training tells you that operational inefficiencies result in a higher cost of doing business. But once your hotel has found the magic formula of finding the right products, at the right price from reliable suppliers, it's sometimes hard to upset the apple cart if internal process owners don't relate to your bottom line concerns.
Wouldn't it be ideal if your inventory and procurement system could provide you the right product, price and reliable suppliers in the most efficient manner possible? Our inventory and procurement customers report typical savings through efficiencies and direct cost reductions in the range of 5 to 15 percent. One example of a direct cost reduction is driving down the cost of products and services by ...
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