Procurement and Supply Chain Management in Hotels

This assignment delves into the concepts of procurement and supply chain management within the context of the hospitality sector. It discusses various aspects, including the importance of centralized purchasing departments, different supplier selection methods (e.g., surveys, financial analysis), and examples of additional services hotels might procure (laundry, entertainment, car rentals). The assignment emphasizes the strategic nature of procurement in ensuring cost-effectiveness and efficient service delivery for hotels.

Running head: GLOBAL SUPPLY CHAIN MANAGEMENT
GLOBAL SUPPLY CHAIN MANAGEMENT
Name of the Student:
Name of the University:
Author note:

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GLOBAL SUPPLY CHAIN MANAGEMENT
1. Procurement is the process involves selection of the vendors, establishing payment terms,
strategic vetting, selection, negotiation of contracts and the purchase of services. Services
procurement is a strategic outsourcing of all the services that are required for delivering
the final service to the customers. While purchasing is just a part of procurement process,
in this process goods are purchased to provide the final service to the customers
(Monczka et al. 2015).
2. The additional services that the hotel can purchase are, laundry, entertainment and car
rental services (Monczka et al. 2015).
3. Yes, centralized departments are most appropriate way to make purchases because it
helps in managing the costs. If a particular department keeps an account of all the
purchases based on the requirements then there is no wastage likewise if there is a
department that notes the requirements of a firm and then there are very less chances of
shortage of inventory (Christopher 2016).
4. No, this method is not the only method that can be used for selection of the suppliers, the
methods are, supplier surveys, supplier survey is a technique in which surveys are done
that include a number of questionnaires that are asked from the suppliers on which basis
evaluation process is done. Another method is financial analysis which the prevents the
expense of further study. The next method is third party evaluators where third party
organizations do the evaluation and audit the supplies and in many cases they handle
hazardous wastes (Christopher 2016).

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GLOBAL SUPPLY CHAIN MANAGEMENT
References
Christopher, M., 2016. Logistics & supply chain management. Pearson UK.
Monczka, R.M., Handfield, R.B., Giunipero, L.C. and Patterson, J.L., 2015. Purchasing and
supply chain management. Cengage Learning.