Lodging Magazine

NOVEMBER 2, 2023

A slew of factors, from inflation to supply chain disruptions, have driven food costs higher in recent years, compromising already-tight hotel food and beverage profit margins. A GPO doesn’t just provide cost savings, but also […] The post Advice: Procurement Partners appeared first on LODGING Magazine.

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Modern Restaurant Management

NOVEMBER 5, 2021

Food service suppliers have been scrambling to keep pace with fluctuating demand in a supply chain that has been anything but predictable since 2020. How Innovative Supply Chain Technology Can Empower Purchase Decisions. The past year and a half have revealed vulnerabilities in the supply chain.

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Modern Restaurant Management

APRIL 18, 2024

Supply Chain Disruptions: The availability of restaurant fryers and component parts can be impacted by supply chain disruptions such as shortages of raw materials, delays in transit, or geopolitical concerns. This can cause delays in the procurement process and could raise expenses for restaurant owners.

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Marketing Procurement Budgeting Pricing 114

Modern Restaurant Management

MAY 10, 2022

Here are three ways you can reduce your restaurant supply and labor costs: Use Technology to Streamline Operations. Whether you’re taking inventory, ordering supplies, or managing the supply chain – it all costs time and labor. Partner with Supply Chain Experts.

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Cost Reduction Pricing Procurement Information 193

Serviced Apartments

NOVEMBER 8, 2023

India: Serviced accommodation manager Synergy Global Housing has appointed Masood Ahmed as the company’s business development and supply chain manager in APAC. Ahmed will be responsible for developing new client relationships throughout the country whilst collaborating with supply chain partners across Asia-Pacific.

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Business Development Procurement 52

Modern Restaurant Management

JANUARY 23, 2024

Implement a Thorough Quality Control Process It’s absolutely necessary for companies to be rigorous about following strict quality control practices throughout the supply chain. Additionally, partnering with an unreliable supplier can lead to significant supply chain risks.

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Modern Restaurant Management

JULY 14, 2022

You can unlock the power of your restaurant data with the help of solutions such as procurement and supply chain technology. Let technology be the consistent employee you can rely on. Let technology guide you to profitability. The unknown is always scary.

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Procurement Information Accounting Article 212

Hotel Business

JANUARY 10, 2023

Our expos in Dallas and Atlanta offer a valuable opportunity to control your hotel supply chain instead of having the supply chain control you.”. It’s a unique combination that can dramatically reshape the supply chain and bottom-line results for American hoteliers.”.

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Hotel Business

JUNE 5, 2023

In the latest Hotel Business Hot Topics session, “Conscious Minds: Optimizing the Food & Beverage Supply Chain for Profitability and Sustainability,” in partnership with Entegra, a panel of industry executives discussed how hoteliers can implement sustainable practices in the F&B supply chain while keeping their bottom line in mind.

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Procurement Communication Events Pricing 59

Hotel Business

NOVEMBER 15, 2022

Inflation, supply-chain delays and the labor crisis were all concerns throughout this year, as hoteliers stayed on the path of recovery. “The biggest impact to the supply chain challenges and the food challenges we’re seeing today is the weather,” he noted. Supply chain issues are also a problem.

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Procurement Budgeting Business Development Book 59

Serviced Apartments

SEPTEMBER 28, 2023

Key takeaways included: • Cost and location are the biggest influences in procurement and booking. Panellists Gabrielle Chateauneuf of Agiito, Tobias Simons of ABB, Stephen Lascelles of Willis Towers Watson, and Michelle Bishop of Gallagher discussed the trends and challenges facing business travel and global mobility.

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Book Procurement Events 59

Hotel Business

NOVEMBER 15, 2022

Inflation, supply chain delays and the labor crisis were all concerns throughout this year, as hoteliers stayed on the path of recovery. “The biggest impact to the supply chain challenges and the food challenges we’re seeing today is the weather,” he noted. Supply chain issues are also a problem.

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Procurement Budgeting Business Development Book 52

Smart Brief Hospitality

DECEMBER 12, 2022

” Entegra President and CEO Damien Calderini believes weather will be a top issue because of its effect on the supply chain and access to food. And we’re building four or five contingency plans behind those so that as things do change, we’re able to react quickly and nimbly.”

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Travel and Tourism Procurement Budgeting Article 98

Hotelogix

OCTOBER 18, 2023

  Optimize Staff Productivity: Your staff members don't have to spend excessive time searching for supplies or waiting for deliveries when inventory is well-managed. Disrupt Mitigation: Unexpected disruptions like equipment breakdowns or supply chain disruptions can occur.

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Procurement Guest Satisfaction Special Events Pricing 100

Luxury Hospitality Magazine

NOVEMBER 1, 2022

Prompted by the recent increase in energy prices, the documented cost of living crisis and the increasing costs faced by businesses, the effort looks to support hospitality outlets located across Scotland, with a co-ordinated effort to provide customers with a range of dining and stay incentives, which are set to kick off on October 24thand run through (..)

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Procurement Document Pricing Magazine 52

Synergy Suite

DECEMBER 28, 2023

A streamlined purchasing cycle is the backbone of a well-functioning supply chain, ensuring that an organization acquires the necessary goods and services in a timely, cost-effective, and organized manner. Owners should scrutinize every step, from identifying the need for supplies to placing orders and receiving deliveries.

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Lodging Magazine

NOVEMBER 15, 2022

Challenged by both price increases and supply chain disruptions, buyers do well to exercise all the best practices at their disposal, including flexibility in product selection when possible, closely monitoring price fluctuations, exploiting volume buys, and maintaining regular communications with suppliers.

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Marketing Pricing Communication Magazine 104

Modern Restaurant Management

MAY 26, 2022

Since we can’t get away from rising prices and supply chain bottlenecks, we can look for new approaches that can help manage the impact. No one is a fan. However now that we are emerging from the pandemic, this is our reality.

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Pricing Procurement Information Events 171

Modern Restaurant Management

FEBRUARY 21, 2022

High cost of organic produce and supply chain problems. In the wake of ongoing pandemic, restaurant owners are facing supply chain problems due to agricultural production and labor shortages, fluctuations in demand, and transportation logistics issues.

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Blog Marketing Procurement Pricing 217

Modern Restaurant Management

DECEMBER 17, 2021

In parallel, procurement challenges persist as the food service industry reels from ongoing global supply chain disruptions and inventory delays. restaurant sales plummeted from $66.2B between February and April 2020. Fast forward a year later and sales climbed back to $66.5B by April 2021 — a 122 percent+ increase YoY.

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Procurement Customer Service Training Information 184

Smart Brief Hospitality

DECEMBER 12, 2022

” Entegra President and CEO Damien Calderini believes weather will be a top issue because of its effect on the supply chain and access to food. And we’re building four or five contingency plans behind those so that as things do change, we’re able to react quickly and nimbly.”

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Travel and Tourism Procurement Budgeting Article 52

Hotel Owner

JUNE 30, 2023

Effective inventory management systems and supply chain partnerships also help streamline procurement processes, minimise waste, and ensure cost-effectiveness. Adopting energy-efficient practices, such as LED lighting and smart thermostats, can reduce utility expenses.

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Travel and Tourism Strategic Planning Procurement Concierge 105

Revenue Hub

DECEMBER 8, 2023

For example, AI can help procurement software compare environmentally friendly and diverse-owned hotel suppliers and monitor outcomes when investing in these businesses. If you’re procuring digital tools, the key is to strike a balance between automation and human touch.

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Travel and Tourism Procurement Maintenance Information 97

EATER

NOVEMBER 10, 2021

We’ll save what Nicola and Cynthia thought of their stealthily-procured lung and the other offal in their feast for the episode.

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Procurement 93

Hotel Owner

MAY 12, 2023

Through it, we seek to create a positive environmental and social impact across our operations, supply chain and the communities which surround our hotels. I strongly believe that hotels need to invest in local artisans and entrepreneurs to localise procurement as much as possible to avoid unnecessary food miles.

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Procurement 105

EATER

MAY 27, 2020

Upcycled food” now has an official definition: “Upcycled foods use ingredients that otherwise would not have gone to human consumption, are procured and produced using verifiable supply chains, and have a positive impact on the environment.” [ Food Dive ].

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Procurement Definition Information Magazine 100

The Restaurant Times

NOVEMBER 16, 2021

From procuring raw materials to delivering food to customers, every little aspect of restaurant operations has taken a hit. Disrupted supply chains made the procurement of raw materials more expensive, increasing the food costs of the restaurants. The pandemic has presented new challenges before the restaurant industry.

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Presentation Procurement Events Catering 52

The Restaurant Times

MAY 12, 2020

Inventory Procurement. While procuring inventory, ensure that you are not compromising on the quality of raw materials. An inventory management system can be of great help in streamlining all the supply chain requirements of your business. Procuring and storing raw materials is often a problem.

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Procurement POS Systems Back of House Housekeeping 72

Larry Mogelonsky

OCTOBER 16, 2023

What I’m most proud of is the expansion of the hotel, and that was done through research, planning, budgeting, procurement, and communication. It requires IT procurement, continuous meetings with vendors to ensure that the implementation of the technology infrastructure and cabling is completed so you’re future-prepared.

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Budgeting Information Procurement Demo 100

Synergy Suite

DECEMBER 14, 2023

This ratio serves as a key performance indicator, guiding restaurants in optimizing their supply chain and maintaining a healthy financial equilibrium. Inventory turnover ratio is a financial metric that reflects the efficiency with which a restaurant manages its inventory over a specific period.

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Menu Planning Information Procurement Training 52

The Restaurant Times

OCTOBER 29, 2021

It is a better option to rely on local vendors to build a sustainable supply chain as opposed to getting raw materials transported from far-off places. This procurement strategy not only cuts down on the transportation cost but also rids the raw materials from the preservatives added to keep the raw materials fresh.

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Procurement Article Maintenance Marketing 97

The Restaurant Times

JULY 20, 2020

Moreover, calculating inventory metrics is also necessary to execute critical measures such as optimizing the food costs, bringing changes in the menu, optimizing supply chain management, etc., that will help foster the growth of your cloud kitchen business.

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Pricing Kitchen Operations Procurement Catering 90

The Restaurant Times

AUGUST 20, 2021

The founding chef of TOKYO traveled to Japan once a month or so just to procure some of the products and ingredients that were impossible to find here in Saudi Arabia. And how did the pandemic challenge your supply chain? Is that still a challenge? How are you managing all this? On top of that, we have our own team.

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Procurement Travel and Tourism Training Marketing 52

The Restaurant Times

JUNE 30, 2021

Furthermore, a manager should also handle any supply chain issues and the procurement of raw materials. A manager must ensure that both sides are running together in harmony, without any glitches. Optimum coordination and optimization between the two will increase customer satisfaction. .

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Budgeting Training Procurement Customer Service 52

The Restaurant Times

OCTOBER 24, 2021

With a Supply Chain Management solution, you can automate your procurement and inventory management processes to better understand your wastage, food costs, and material stock. In the cloud kitchen, a POS (Point of Sale) must be established via which all online orders will be processed.

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Kitchen Operations Procurement Back of House Marketing 52

Synergy Suite

MAY 16, 2023

It simplifies communication with vendors, tracks deliveries, and provides alerts for low stock levels, ensuring timely replenishment of supplies. Vendor Management Effective vendor management is crucial for maintaining a reliable supply chain. Required Hardware Consider the hardware requirements of the Inventory Software.

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Definition POS Systems Vendor Management Scheduling 52

Boutique Hotel News

JANUARY 27, 2023

As Hostaway CEO Marcus Rader explains: “We’re seeing above-average supply, rates, and occupancy in LatAm nations right now, which may be why brands like Despegar and Blueground have made recent expansions into these markets.” ” P S. When the UK recorded a 41-year high rate of 11.1

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Travel and Tourism L&D Marketing Pricing 130