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Taking a value-oriented approach,Procurement of Hospitality Resourcesemphasizes how buyers must maintain a mutually beneficial relationship with their suppliersrather than taking a strict win/lose pricing strategy. Offering a global vision, it includes specialty foods, such as organic, Kosher and Halal foods, and devotes entire chapters to evaluation, international purchasing, and procurement for hotels. Students are directed to additional on-line resources through in-text features and mini case projects provide ample opportunity to apply concepts in individual and group settings.Anyone preparing for a career in purchasing in the Hospitality Industry, Food and Beverage Purchasing, and Procurement in the Hospitality Industry.
Table of Contents
Foundation of Procurement
Scope of Procurement
Hospitality Industry Overview
What is Procurement?
Objectives of Effective Procurement
Overview of Procurement
Factors Affecting Procurement
Roles of Procurement Team Members
Evolution of Procurement Systems
Product Flow Through the Marketplace
Channel Flow Begins With the Order Supply Chain Management and Hospitality Purchases
Case Study: Franchisor Food Distribution System
Legal and Ethical Aspects of Procurement
Legal Aspects of Procurement
Ethical Aspects of Procurement
Management of the Procurement Process
Quality and Purchasing Specifications
What is Quality?
Purchase Specifications: Overview
Development of Purchase Specifications
Purchase Specifications Information
Implementing Purchase Specifications
Make or Buy Analysis
Responsibilities For Make or Buy Decisions
Factors Impacting Make or Buy Analysis
Close Look At Make or Buy Analysis Process
Examples of Make or Buy Cost Comparisons
Implementing Results of Make or Buy Analysis
Evaluating Make or Buy Decisions
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