Amid the tumult of a chaotic global hotel market, brands of all sizes are reckoning with myriad unexpected factors — worldwide supply chain disruptions resulting in temporary inflation, nationwide labor shortages confining operations, and regional lingering restrictions limiting growth — each making the global recovery slower than expected.
We take a look at utilizing supplier management and purchasing to mitigate cost price inflation, and how operators are using technology to streamline processes and improve efficiencies.
Using spreadsheets for hospitality inventory management is inaccurate, inefficient, and unwise.
There are many interpretations and different materials about the responsibilities of Product Owners in software companies. As described in the Scrum Guide – ‘a Scrum Product Owner is accountable for maximizing the value of the product resulting from the work of the Scrum Team’.
Suppliers in the hospitality industry have been adversely impacted by the pandemic, with reports of revenues of less than 10% of 2019 levels during the first lockdown.
Managing inventory these days can be a real challenge. Whether you are temporarily closing operations or adjusting your concept, here are some tips to help.