Thursday, September 26, 2019

Hospitality Management Essay Example | Topics and Well Written Essays - 2000 words - 2

Hospitality Management - Essay Example Most important is for the organization to identify the needs of its consumers. The organization must then select a specific product that will meet consumer needs (Day, p. 38). A purchase team is also put in place to deal with all purchase processes. The team then comes up with a list of products that meets the customer needs and puts into consideration the company’s standards of quality of products. Lastly a budget for purchase is created, a search for best and potential supplier is done, and contract awarded (Day, pp. 37-39). Receiving is a process of properly documenting receipts of goods and services that were ordered by the organizations purchase team by signing and dating the receipt. It involves checking condition of purchased goods that is their quality, quantity and finally storing them. In case of damaged goods or any other complain, it is put forward before signing the receivership book (Siddiqui, p. 8). Storage is the process of keeping goods in a safe place or in the company stores for future sale. Various activities take place during storage. Recording of goods in the store is one of the important activities that take place. The management in the store also records goods that are received or taken from the company’s warehouse. They are also responsible in ensuring all the goods in the stores are in good condition and identify arising problems in the store. Inventory control is the process of maintaining a balance in quantity of available goods in an organization. The management in the inventory control department ensures efficiency and prevents acquisition of excess goods by keeping record of available goods and their condition (Axsater, pp. 76-77). Procurement is the backbone of the organization since it deals with goods and services in the organization. Management of the organization should ensure it has qualified and competent staff or team to be efficient

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