Responsible Business Management: Hotel Chain Supply Chain Analysis

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Added on  2022/09/15

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This presentation analyzes the global supply chain management of an international hotel chain, focusing on responsible business practices, ethical considerations, and the changing work environment. It explores strategic, operational, and technological aspects of supply chain management, including lean and agile paradigms. The presentation also examines the role of technology, globalization, and ethical issues related to employees, consumers, and the environment. The case study of a fictional hotel chain is used to apply key concepts such as stakeholder analysis, corporate responsibility, and the impact of global trade. The presentation also touches upon the societal effects of new technology, ethical considerations, and the importance of a robust CSR strategy.
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GLOBAL SUPPLY CHAIN
HOTEL CHAIN MANAGEMENT
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INTRODUCTION
Hotel industry is primarily service oriented
and the products needed in the process are the
support activities.
services, if not consumed and supplied in time
tends to exhaust. (Wang and Cheng 2010. )
The international hotel chain industry requires
to have a global trade and supply chain
management.
Chain competition is the modern trend for the
hotel industry.
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ROLE OF SCM IN STRATEGIC LEVEL
Lean Paradigm- focused particularly o the reduction
of waste.
Increase of value added services for the maintenance
of profitability.
enhancement of cost reduction.
help consumers to an access for quality service by
means of enabling the economic production of small
quantities. (Eastham ,Sharples and Ball 2017.)
The Agile paradigm- supply chain management in
global area is required to make the use of IT for co
coordinating he integrated activities.
Resilience Paradigm- the ability of the supply chain
for coping p with sudden disturbances.
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ROLE OF SUPPLY CHAIN IN
OPERATIONAL LEVEL
Cost of transaction- items like kitchen necessities- fruits,
vegetables etc have short shell life, requiring repeat purchase.
This increase the cost of transaction. Need for rationalization
an standardization of portfolio is thus required.
non standardization impacts the supply chains in hotels. The
hotel can switch to a consolidated frame work.
cost of product purchase- purchase of too many stock
keeping units is leveraged by the supply chain.
a proper supply chain management helps in preventing the
contract leakage.
the hotels require a large supplier base and thus, in turn, a
profitable strategy is required.
cost inventory- by the usage of IT, it will be easier to forecast
the necessary supplies and demands.
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REFERENCE LIST
Wang, J.J. and Cheng, M.C., 2010. From a
hub port city to a global supply chain
management center: a case study of Hong
Kong. Journal of Transport
Geography, 18(1), pp.104-115.
Eastham, J., Sharples, L. and Ball, S. eds.,
2017. Food supply chain management.
Taylor & Francis.
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