Prowess in Purchasing: Top Agents Share Their Approaches to Today’s Market Challenges
Especially in these volatile post-pandemic times, purchasing hotel products—from FF&E to F&B—calls for resourcefulness and foresight. Challenged by both price increases and supply chain disruptions, buyers do well to exercise all the best practices at their disposal, including flexibility in product selection when possible, closely monitoring price fluctuations, exploiting volume buys, and maintaining regular communications with suppliers. Several of the industry’s top purchasing agents spoke with LODGING about how they are approaching the current market, […]
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