Factors affecting supply chain management in hotel industry Flashcards
The hotel
industry often experiences seasonal fluctuations in
demand due to factors like holidays, seasons, and
special events.
Seasonality and Demand Fluctuations:
Supply chain planning must account for
these variations to ensure adequate inventory levels
during peak periods and avoid overstocking during
low-demand periods.
Seasonality and Demand Fluctuations:
Hotel guests
have diverse preferences and expectations regarding
amenities, services, and products.
Guest Preferences and Expectations:
Maintaining consistent quality
standards for products and services is essential in the hotel
industry. Supply chain managers must ensure that suppliers
consistently provide high-quality items.
Quality and Consistency:
Many hotels seek to source products
locally to support the community and offer guests unique
experiences.
Local Sourcing: