OPMA – Onsite Property Management Association

Procurement management is the process of acquiring and managing the goods and services necessary to operate a hotel. It involves sourcing and purchasing the necessary supplies, equipment, and services required for the hotel’s daily operations, such as food and beverage, linens, toiletries, cleaning supplies, furniture, and technology. Hotel procurement management also involves managing vendor relationships, […]

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Procurement management is the process of acquiring and managing the goods and services necessary to operate a hotel. It involves sourcing and purchasing the necessary supplies, equipment, and services required for the hotel’s daily operations, such as food and beverage, linens, toiletries, cleaning supplies, furniture, and technology. Hotel procurement management also involves managing vendor relationships, […]

The post 5 Advantages of Using Hotel Procurement Management Technology appeared first on Source1.

Procurement management is the process of acquiring and managing the goods and services necessary to operate a hotel. It involves sourcing and purchasing the necessary supplies, equipment, and services required for the hotel’s daily operations, such as food and beverage, linens, toiletries, cleaning supplies, furniture, and technology. Hotel procurement management also involves managing vendor relationships, […]

The post 5 Advantages of Using Hotel Procurement Management Technology appeared first on Source1.

Hotel supply chain management refers to the process of managing the flow of goods, services, and information from suppliers to the hotel, and from the hotel to guests. It involves coordinating and optimizing the activities of all stakeholders involved in the supply chain, including suppliers, transportation companies, and internal departments such as procurement, purchasing, and […]

The post Technology for Your Hotel Supply Chain Management appeared first on Source1.

Your hotel purchasing data plays a vital role in helping you succeed in the hospitality world. The use of this data and technology can help improve operations, better understand your guests, and increase revenue. Here are some ways data and technology are reshaping the hotel industry and how your hotel operation can make use of […]

The post How Data and Technology is Reshaping the Hotel Industry appeared first on Source1.

While managing inventory is a critical aspect of your day to day, doing it correctly and efficiently can help cut down on time and even save your hotel operation thousands of dollars each month. Technology can help you tackle different pain points and challenges you may been facing when it comes to managing your hotel […]

It’s impossible to manage your hotel operation manually these days. There are too many processes and data points to be able to keep up with the flow of information that goes along with every purchase your procurement team is making. Let’s face it – cutting costs and reducing labor have made the top of your […]

Your hotel occupancy rate determines the health of your business. If your occupancy rates are lower than usual, it’s time to take a look at which areas of your operation needs improvement. With the industry rapidly changing due to the evolution of technology and the unprecedented times we’ve faced the past few years; it’s expected […]

Running a procurement department in a hotel takes a lot of work. Placing orders for goods needed by each department, monitoring costs, checking invoices, and navigating product substitutions are just a few of the responsibilities a hotel procurement department is responsible for. One way to streamline it all and cut down on labor is to […]

Achieving hotel profitability isn’t always an easy task. You pay big bucks for quality products and solutions to maintain your properties superior service and exceptional guest experience. You spend days searching for the best brands to partner with and hours forecasting potential ROI. But you don’t have to. Keeping your hotel costs down is the […]