Lesson 1&2 Flashcards
Determines the factor and the importance of the supply chain management practices as the use of information to the organization’s mission and strategy
Supply chain management in hospitality industry
It is a global network used to deliver products and services from raw materials to end customers.
Supply chain management
Uses an engineered flow of information, physical distribution, and cash
Supply chain management
Cooperation between parties, and teams
Integrated behavior
Integ-related sharing of information
Mutually sharing information
It makes sure that the chain doesn’t break and doesn’t mess up the production process
Cooperation
Aimed to satisfy the clientele and/or customer
Focused on Serving Customers
Less hassle to the production
Integrated Process
Designed with the entire organization in mind and begins with an organization’s mission
Strategic level
Supports strategic plans by translating them into specific plans relevant to a distant area of the organization
Tactical level
Specific procedures and processes that occur within the lowest levels of the organization
Operational level
FACTORS AFFECTING SCM IN HOSPITALITY
1.Customer Satisfaction
2.Management Systems
3.Current Market Trends
The cost of purchasing raw materials in the hotel industry
Raw Material Costs
Hotels are known to purchase an excessive number of units of various labels and packaging sizes
Material Ordering Costs
The purchasing department stockpiles large quantities of goods and does not deliver the best items on time
Inventory Handling
Due to a lack of preparation, emergency purchases are the norm rather than the exception
Emergency Purchases
Is the totality of features and characteristics of a good or service that bear on its ability to satisfy a given or implied need
Quality
Is the continual process of detecting & reducing or eliminating errors in manufacturing, streamlining supply chain management, improving the customer experience, and ensuring that employees are up to speed with training.
Total Quality Management (TQM)
Used to streamline SCM, improve customer service and ensure that employees are well-trained
Total Quality Management (TQM)
To improve the quality of an organization’s outputs through continual improvement of internal practices
Total Quality Management (TQM)