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Hotel Purchasing- You Don’t have to do it Alone!

25/05/2019

HospiBuz Desk

In a Hotel Buisness you requires from miniscule to astronomic things like Tissue Paper, Motors, Televisons and even enternainment programs for the guests… hypothetically this article will road you to the one stop solution for all your needs, Have you ever calculated the time it takes to find a faithful vendor, pick the right products and negotiate the best terms and prices? We have. The action can take more than 20 hours for a single vendor. Given that in the hospitality industry, it can desire up to 400 independent external resources to supervise its operating supplies and services, that’s 8,000 hours just to set up the vendor base. And this figure doesn’t comprise putting in place systems to track and monitor costs—including pricing, discounts and rebates—as well as vendor execution and all the other components of a comprehensive procurement program. 

Clearly, such an investment in time and creation is not sustainable or scalable. Owners and operators are inhibited by being “small fish” in a big purchasing pond, lacking the collective buying clout needed to be able to negotiate the best prices. They’re discovering that do it yourself procurement is not as simple as they had hoped it would be and are now realizing that they don’t have to do it alone.

We Do the Work, You Call the Shots

A acute partner can take over purchasing processes under the operator’s direction to provide the best prices and the highest product and service quality, as well as ensuring a host of other outsourcing benefits. The operator detritus in charge of the brand promise, customer service and profitability, all of which are analytical to the success of the hospitality enterprise. Such a settlement offers multiple benefits, including cost savings, flexibility, and comprehensive purchasing analysis. Many operators mistakenly use the traditional “Bid Process” access and switch vendors on a continuous basis, as prices change, when, in reality, the long-term fluctuations and administrative costs correlated with changing vendors usually outweigh the cost-saving benefits.

HospiLane uses their experience and industry knowledge to understand the impact of price changes and make calculated predictions about their longevity.

That knowledge, combined with their supplier relationships and pre-negotiated volume-discounted contracts, to provide operators with the most cost-effective buying strategies.

More Time to Do What You Do Best

Without the burden of procurement oversight, operators like you are much less distracted and can focus more of their time and energies on:

  • Ensuring that brand standards are always aligned with promises
  • Evaluating brand new industry developments in products, services and technologies, to discover new ways to enhance your guest experiences
  • Guarding the brand promise from competitive undermining or encroachment

In sum, partnering with HospiLane allows you to source more and better products, secure lower prices, and streamline your operations for maximum efficiency. You’ll increase customer satisfaction and achieve preeminent profitability in each of your locations.

Best of all, you’ll avert up-front costs, ongoing fees, compliance minimums and long-term contracts.

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