It is not uncommon to observe hospitality operators and department managers adopting a procurement strategy rooted in conflict and competition rather than supplier partnership. This strategy seeks the best product price through the application of continuous pressure on the supplier, and while this may seem like a logical stance, in reality, leveraged negotiation is only one piece of a comprehe Read More »
This week's hospitality best practice focus highlights the use of Purchase Order Workflows to exert control over the purchasing process by ensuring that corporate standards and budgetary guidelines are being consistently maintained. Additionally, there are a number of secondary benefits that your organization will achieve by embracing this best practice, as outlined below. Read More »
