Procurement

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Procurement

The role of procurement is key, in hospitality. Procurement has to do with the purchasing of goods and services for hotel. There is a difference between purchasing and procurement:

  • purchasing is
  • procurement is the process do with ordering the goods once vendors have been put in place by the procurement department.


Procurement principels

The procurement system includes responsibilities like:

  • defining he sources for materials
  • contract negotiation
  • payment terms
  • life time of specific assets and even services (related to the more economical depreciaition.

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