With such a broad spectrum of purchasing needs in the hospitality industry, we understand that it’s a priority to be cost-effective while retaining the high quality of goods required to satisfy your customers. When it comes to hotel and FF&E (furniture, fixtures, and equipment) procurement, a lot more goes into the process than just picking the lowest price. Here are a few tips for ensuring the most efficient and affordable procurement strategy.
1. Get insight into market trends
To secure the best value for your purchases, you need to be aware of the current market spread. However, keeping an eye on vendors and market prices requires a good deal of research, costing you both money and time. This is where a group purchasing organization (GPO) like UNA can help!
We provide you with reports that compare the pricing on products and services that you currently purchase with a list of comparable products and services at our negotiated price, so you can see the saving potential for yourself!
2. Have access to a customer care team
With so many moving parts in the procurement process, it is essential to have a team dedicated to customer care. This level of attention to both the industry and your business’s procurement needs will ensure you are getting the quality of goods you need at a price you can afford.
We use our expertise on vacation, business travel, tourism, restaurant and FF&E to develop solutions that cater to your business’s specific needs. You will have access to our experts not only for customer support but strategy as well.
3. Secure the support of an expansive supply chain network
This is the most important tip we can offer - secure a network of trustworthy vendors for your hotel and FF&E procurement needs. As hard as it is to capture the lowest prices, it is equally as challenging to develop and maintain relationships with vendors.
Partnering with UNA will connect you to an extensive, reliable vendor supply chain . Also, we offer tailored supply chain management solutions for your business’s needs and bottom line. By connecting you with our expansive list of top-notch suppliers, you reap the benefits of our network without the relational upkeep!
In the hotel industry, it’s your job to see to the needs of your clients. Let us help you with the procurement needs of your business! We are devoted to providing world-class customer care and insights to help you create a cost-effective procurement process.